Gulfport Energy Reports $87.1M Q2 Net Income and Updates Capital Plan
Gulfport Energy reported Q2 2026 net income of $87.1 million and adjusted EBITDA of $179.1 million, generating $149.9 million of net cash from operating activities. The company spent $148.6 million on capital expenditures, repurchased about 1.3 million shares for $242.8 million, and raised full-year base capex guidance to about $430 million. It expanded its Utica inventory via Ohio state land acquisitions and launched a new discretionary acreage program to add more locations and extend its development runway.