GULFPORT ENERGY CORP

Gulfport Energy reported strong financial results for the second quarter of 2026, with net income of $87.1 million and adjusted EBITDA of $179.1 million. The company also generated $6.4 million in adjusted free cash flow and repurchased $70.0 million of common stock. Strategically, Gulfport expanded its core Utica inventory by 4,700 net acres and announced a new $140 million discretionary acreage acquisition program. Additionally, the company's CFO, Michael Hodges, will resign effective August 5, 2026.

Gulfport Energy Corporation announced the appointment of Domenic J. Dell’Osso, Jr. as President and Chief Executive Officer, effective May 28, 2026. He was also appointed to the Board of Directors, increasing its size to seven members, bringing over 20 years of energy sector experience. Additionally, Michael Sluiter, Senior Vice President of Reservoir Engineering, received a restricted stock unit grant valued at $222,500. At its 2026 Annual Meeting, stockholders elected six directors, ratified Grant Thornton LLP as independent auditors, and approved executive compensation on an advisory basis.

Gulfport Energy reported a significant turnaround in Q1 2026, with net income reaching $165.8 million compared to a net loss of $0.5 million in Q1 2025. Total revenues surged by 122% to $437.5 million. The company also announced the departure of its President, CEO, and Director on March 6, 2026, with an Office of the Chairman established for executive oversight. Additionally, Gulfport continued its share repurchase program, buying back $172.8 million in common stock.

Gulfport Energy announced the appointment of Domenic J. Dell Osso, Jr. as President and Chief Executive Officer, effective May 28, 2026. Concurrently, the company reported strong first quarter 2026 financial and operational results, including a 7% increase in net production to 996.8 MMcfe per day. Gulfport also reaffirmed its 2026 development plan and continued its share repurchase program, buying back $172.8 million in common stock.