Gulfport Energy (GPOR) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Gulfport Energy published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Gulfport's total revenues include net gains on commodity derivatives ($38.5 million in Q3 2026, $66.8 million a year earlier), so revenue moves with hedge marks as well as with production and prices.
• Year-ago EPS of $4.45 is after a $30.0 million deemed dividend on preferred stock; net income attributable to common stockholders was $81.4 million that quarter against net income of $111.4 million.

Source: Gulfport Energy Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Gulfport Energy splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Gulfport Energy's Natural gas sales revenue was $222 million in Q3 2026, down 6% from $237 million in Q3 2025, 61% of total revenue.
• Gulfport Energy's Oil and condensate sales revenue was $45.3 million in Q3 2026, up 21% from $37.4 million in Q3 2025, 12% of total revenue.
• Gulfport Energy's Natural gas liquid sales revenue was $57.0 million in Q3 2026, up 47% from $38.7 million in Q3 2025, 16% of total revenue.
• Gulfport Energy's Net gain on natural gas, oil and NGL derivatives revenue was $38.5 million in Q3 2026, down 42% from $66.8 million in Q3 2025, 11% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Gulfport publishes its 2026 guidance as a table in the supplemental financial information filed with the release. It assumes commodity strip prices as of October 15, 2026.

In its Q3 2026 release, Gulfport Energy said:

“Average daily gas equivalent (Bcfe/day) 1.030 1.055”

“Average daily liquids production (MBbl/day) 18.0 21.0”

“Total base capital expenditures ~$430”

“We expect to continue building on that strength in the fourth quarter, keeping us on track to deliver full-year production and capital expenditures in line with our guidance.”

Source: Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GPOR forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP total revenues (including derivative gains) and diluted EPS, each as first reported in that quarter's supplemental financial information. Revenue swings with the mark on Gulfport's hedges.

We do not hold a confirmed date for Gulfport Energy's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Gulfport Energy reported total revenues of $362.5 million in Q3 2026, against $379.7 million a year earlier. Natural gas sales were $221.7 million, oil and condensate $45.3 million and natural gas liquids $57.0 million. The rest, $38.5 million, was the net gain on its commodity derivatives, down from $66.8 million. (Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026)

Gulfport's production fell from a year earlier and its liquids rose. Net output averaged 1,057.2 MMcfe per day, against 1,119,678 Mcfe per day in Q3 2025: natural gas fell to 916,320 Mcf per day from 987,746, while NGL rose to 17,295 barrels per day from 15,097. The mix was about 87% natural gas, 10% NGL and 3% oil and condensate, and net liquids production of 23.5 MBbl per day was about 67% above Q2 2026. (Gulfport Energy Q3 2026 release, Nov 4, 2026)

Before hedges, Gulfport realized $2.63 per Mcf for natural gas against $2.61, $79.59 per barrel for oil and condensate against $58.99, and $35.81 per barrel for NGL against $27.89. Including settled derivatives, the total realized price was $3.71 per Mcfe, against $3.37. (Gulfport Energy Q3 2026 release, Nov 4, 2026)

Gulfport's production comes from two areas: 889.5 MMcfe per day from the Utica and Marcellus in eastern Ohio and 167.7 MMcfe per day from the SCOOP in central Oklahoma. CEO Nick Dell'Osso said a back-half-weighted turn-in-line schedule lifted production about 10% from Q2, led by new liquids-rich wet gas Utica pads. In Q3 Gulfport turned seven gross Utica and Marcellus wells to sales and none in the SCOOP. (Gulfport Energy Q3 2026 release, Nov 4, 2026)

Gulfport Energy earned $5.45 per diluted share in Q3 2026, against $4.45 a year earlier. Net income was $96.4 million. The year-ago figure was reduced by a $30.0 million deemed dividend on preferred stock, which cut net income attributable to common stockholders to $81.4 million from net income of $111.4 million. (Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026)

Gulfport does not report adjusted EPS. Its adjusted net income was $96.8 million, close to GAAP, because the non-cash derivative gain in the quarter was only $1.4 million, against $33.1 million a year earlier. Adjusted EBITDA was $226.5 million and adjusted free cash flow $89.0 million. The effective tax rate was 21.5%. (Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026; Gulfport Energy Form 10-Q, Q3 2026, Nov 5, 2026)

Gulfport repurchased about 218.7 thousand shares for about $36.2 million in the quarter, and diluted weighted average shares were 17,685 thousand, against 18,290 thousand. Its board expanded the repurchase authorization by 33% to $2.0 billion, leaving about $800 million of remaining capacity. (Gulfport Energy Q3 2026 release, Nov 4, 2026; Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Gulfport Energy guides for the full year in its supplemental tables. For 2026 it expects average production of 1.030 to 1.055 Bcfe per day, liquids of 18.0 to 21.0 MBbl per day, and total base capital expenditures of about $430 million, assuming strip prices as of October 15, 2026. It gives no revenue or EPS outlook. (Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026)

Dell'Osso said Gulfport is on track for full-year production and capital expenditures in line with guidance, is evaluating a more continuous two-rig Appalachia program for 2027 with production growth beginning in 2028, and will give its full 2027 outlook in February. Hedges for the rest of 2026 include 480 BBtu per day of natural gas swaps at a weighted average $3.77 per MMBtu. (Gulfport Energy Q3 2026 release, Nov 4, 2026; Gulfport Energy Q3 2026 supplemental financial information, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Gulfport Energy, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Gulfport Energy's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GPOR is on is GPOR a buy or a sell?, what analysts expect next is on the GPOR forecast, and what the company does is on the Gulfport Energy (GPOR) stock page.

Every number on this page can be traced to a document Gulfport Energy published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.