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Sep 30
Gulfport Q3 2025 Earnings Report
Gulfport Energy reported its financial and operating results for the third quarter of 2025, highlighting increased production, net income, and adjusted EBITDA.
Key Takeaways
Gulfport Energy delivered strong third-quarter 2025 results, with total net production increasing by 11% over the previous quarter and net income reaching $111.4 million. The company also expanded its Marcellus inventory and successfully tested U-development in the Utica, while continuing its share repurchase program.
Total net production increased to 1,119.7 MMcfe per day, an 11% increase from Q2 2025.
Net income for the quarter was $111.4 million, with adjusted EBITDA reaching $213.1 million.
Expanded undeveloped Marcellus inventory by approximately 125 gross locations and unlocked 20 gross Utica dry gas locations through U-development.
Repurchased approximately 438.3 thousand shares of common stock for $76.3 million, including preferred stock redemption.
Gulfport
Gulfport
Gulfport Revenue by Segment
Revenue by Segment
Natural Gas Revenue
CapyFin.comOil and Condensate Revenue
CapyFin.comNGL Revenue
CapyFin.com Forward Guidance
Gulfport Energy provided an updated full-year 2025 outlook, forecasting net daily equivalent production, total base capital expenditures, and significant allocations for discretionary appraisal projects, development activity, and common stock repurchases.
Positive Outlook
- Forecast full year 2025 net daily equivalent production to be approximately 1.04 Bcfe per day.
- Plan to allocate approximately $30 million toward discretionary appraisal projects, unlocking 20 gross Utica dry gas locations.
- Plan to allocate approximately $35 million toward discretionary development activity to mitigate production impacts in early 2026.
- Expect to repurchase approximately $325 million of outstanding equity during 2025, including $125 million in Q4 2025.
- Maintaining financial leverage at or below one times while funding repurchases.
Challenges Ahead
- Anticipated production impacts from offset operator simultaneous operations and planned midstream maintenance downtime in early 2026.
- No other specific negative forward guidance points were explicitly stated in the provided text.