Truist Securities maintains Gulfport Energy at Hold, raises price target to $192 from $186

Gulfport Energy (GPOR) expects 5% inflation in its development program without efficiency gains. It plans to start 2027 with two rigs but has not issued full-year guidance. The company signed gas supply agreements covering 10% of forecast Appalachian production and closed $83M in Ohio land acquisitions. It will reduce Oklahoma activity while reviewing development opportunities. Gulfport increased its share repurchase authorization to $2B.

Gulfport Energy reported Q3 2026 production of 1,057.2 MMcfe/d, up 10% from Q2, with liquids production rising 67% to 23.5 Mbbl/d. CEO Nick Dell'Osso announced plans for a two-rig drilling program in Ohio starting 2027, an electric frac fleet, reduced Oklahoma spending, and a $2.0 billion stock buyback.

Gulfport Energy (GPOR) reported Q3 2026 earnings, highlighting plans to improve operational efficiency and increase shareholder returns. The company aims to reduce drilling and completion costs by 20% by 2028 through continuous operations and electric frac fleets. They secured supply agreements for Appalachia gas, expecting higher returns and free cash flow from 2028. GPOR also increased its share repurchase authorization by 33% to $2 billion.

Gulfport Energy reported 3Q 2026 revenue of $362.47M, down 4.5% YoY, but net income rose 18.4% to $96.4M. EPS increased 22.5% to $5.45. Oil and NGL sales grew, while natural gas sales declined. Production fell due to natural declines and development timing.

Gulfport Energy Corporation reported Q3 production and costs in line with guidance, with higher EBITDA and adjusted free cash flow due to a better liquids mix. The company expects a 2028 cash-flow inflection driven by efficiency investments, premium gas contracts, and acreage additions.

Gulfport Energy (GPOR) reported Q3 2026 revenue of $362.5M, down 4.5% YoY but 4% above estimates. Adjusted EPS was $5.47, 4.6% above consensus. Operating margin fell to 38.8% from 41.9% YoY, while free cash flow turned negative at -$100.7M. The company's market cap is $2.81B.