GULFPORT ENERGY CORP 2Q 2026: Revenue $323.23M, EPS $4.85— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Gulfport Energy Corp reported Q2 2026 revenue of $323.23M and diluted EPS of $4.85, down significantly from the prior year due to moderated commodity volumes and prices. Production averaged 963 MMcfe/day. The company acquired ~4,700 net undeveloped Ohio acres in the Utica window and repurchased 392,000 shares while generating strong operating cash flow.
GULFPORT ENERGY CORP reported second-quarter 2026 results with revenue of $323.23M and diluted EPS of $4.85, down versus the prior-year quarter as commodity volumes and prices moderated.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $323.23M | $447.62M | (27.8%) |
| Net income² | $87.1M | $163.04M | (46.6%) |
| Diluted EPS³ | $4.85 | $9.12 | (46.8%) |
¹ Reported as “Total revenues”. ² Reported as “Net Income Attributable To Common Stockholders”. ³ Reported as “Diluted income Per Common Share”.
Business Highlights
- Production averaged about 963 MMcfe/day in Q2 2026, with a six‑month average near 980 MMcfe/day reflecting timing and natural declines.
- Commodity sales in Q2 fell about 16% year‑over‑year due to lower gas and oil volumes and prices, while six‑month gas sales rose 14% on higher realized gas prices.
- Operational activity included spudding seven gross Utica wells in Q2 and turning sales on 10 gross operated wells; six‑month spuds totaled 16 gross operated wells.
- Company agreed to acquire roughly 4,700 net undeveloped Ohio acres in the liquids‑rich Utica window, adding about 16 future drilling locations.
- Generated strong operating cash flow and repurchased 392,000 shares in Q2, supporting drilling and acreage investments.
Original SEC Filing: GULFPORT ENERGY CORP [ GPOR ] - 10-Q - Aug. 04, 2026