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Gulfport Energy (GPOR) USD

At a glance: strengths & risks
Revenue growing (+48%)Margins improving (9%→64%)Low leverage (0.9x EBITDA)

Sector: Natural gas

Geography: United States (Appalachia)

COMM_GPOR

Price chart

171.26 USDDay 1.93%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
171.26 USD · 1.93%
Market cap
3.2 bn USD

Growth

Δ revenue y/y
-27.8%
Δ EBITDA y/y
-38.3%

Multiples

P/E (LTM)
6.4x
3y avg: 5.3x
P/B (FY)
1.7x
P/E (ann.)
9.1x
EV/EBITDA (LTM)
4.1x
3y avg: 3.7x
EV/EBITDA (ann.)
5.1x

Cash return

Dividend yield
FCF yield (LTM)
3.4%

Value creation

to target market cap (spot commodity model)
Upside (potential)

Liquidity

Daily turnover (listing)
39.8 mln USD

Shares: yahoo_fundamentals_timeseries/GPOR

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-06-30Q2 2026 (3M)OK323.2
y/y -27.8%
127.1
y/y -49.3%
73.1
y/y -0.7%
200.2
y/y -38.3%
87.1
y/y -52.8%
149.9-175.03171.0
y/y 7.1%
1827.3
y/y 3.5%
19.2%921.2Link
2026-03-31Q1 2026 (3M)OK437.5
y/y 122.1%
227.6
y/y 1794.4%
75.4
y/y 14.9%
303.0
y/y 290.3%
165.8
y/y
292.9-138.43075.4
y/y 4.3%
1807.7
y/y 9.2%
36.4%821.1Link
2025-12-31Q4 2025 (3M)OK398.2
y/y 66.0%
178.7
y/y 156.7%
81.7
y/y -3.1%
260.3
y/y 212.9%
132.4
y/y 148.5%
185.4-145.03029.5
y/y 5.7%
1834.7
y/y 7.2%
23.3%786.9Link
2025-09-30Q3 2025 (3M)OK379.7
y/y 49.6%
159.0
y/y 989.9%
83.2
y/y 0.5%
242.2
y/y 148.6%
111.4
y/y
209.1-130.32935.0
y/y -7.7%
1834.3
y/y -10.8%
8.3%689.0Link
2025-06-30Q2 2025 (3M)OK447.6
y/y 147.1%
250.8
y/y
73.6
y/y -6.3%
324.4
y/y 436.8%
184.5
y/y
231.4-145.22959.5
y/y -8.6%
1765.7
y/y -16.7%
43.1%692.2Link
2025-03-31Q1 2025 (3M)OK197.0
y/y -30.4%
12.0
y/y -85.3%
65.6
y/y -18.0%
77.6
y/y -52.0%
-0.5
y/y -100.9%
177.3-108.82947.6
y/y -9.4%
1655.5
y/y -24.3%
-0.1%695.8Link
2024-12-31Q4 2024 (3M)OK239.9
y/y -51.0%
-315.0
y/y -211.5%
84.3
y/y 4.1%
-230.7
y/y -163.5%
-273.2
y/y -211.2%
148.8-76.92865.7
y/y -12.3%
1711.4
y/y -20.8%
-13.9%706.9Link
2024-09-30Q3 2024 (3M)OK253.9
y/y -4.8%
14.6
y/y -78.3%
82.8
y/y 4.2%
97.4
y/y -33.6%
-14.0
y/y -102.3%
189.7-132.63178.2
y/y 1.3%
2056.2
y/y 3.9%
-0.9%699.1Link
2024-06-30Q2 2024 (3M)OK181.1
y/y -40.6%
-18.1
y/y -117.7%
78.6
y/y -2.0%
60.4
y/y -66.9%
-26.2
y/y -128.0%
123.5-127.53238.2
y/y 26.7%
2119.9
y/y 53.8%
-4.9%685.2Link
2024-03-31Q1 2024 (3M)OK283.2
y/y -61.3%
81.8
y/y -84.4%
80.0
y/y 1.2%
161.8
y/y -73.1%
52.0
y/y -90.1%
188.0-119.03254.1
y/y 28.8%
2187.3
y/y 65.7%
9.6%638.2Link
2023-12-31Q4 2023 (3M)OK489.1
y/y
282.5
y/y
81.0
y/y
363.5
y/y
245.7
y/y
155.5-115.63267.6
y/y
2161.7
y/y
71.0%678.4Link
2023-09-30Q3 2023 (3M)OK266.7
y/y
67.2
y/y
79.5
y/y
146.7
y/y
608.4
y/y
156.3-138.43136.9
y/y
1980.0
y/y
48.3%653.5Link
2023-06-30Q2 2023 (3M)OK304.7
y/y
102.6
y/y
80.1
y/y
182.7
y/y
93.7
y/y
107.4-153.02555.7
y/y
1378.1
y/y
27.8%663.6Link
2023-03-31Q1 2023 (3M)OK731.2
y/y
522.6
y/y
79.1
y/y
601.7
y/y
523.1
y/y
304.1-130.42527.1
y/y
1320.2
y/y
569.4Link

Net debt structure (leases included, IFRS 16) 2026-06-30

Long-term debt (incl. LT leases)922
− Cash & equivalents1
Net debt921

Net debt / LTM EBITDA: 0.9x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-400-20002004002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-200%0%200%400%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

FCF ($ mln)

-500501001502024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash ($ mln)

02004006008001 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.49x of reported net profit; after capex, 0.56x. Loss years (2021, 2024) are left out of the ratio.
year20212022202320242025
cash flow / profit1.49x0.49x1.88x
accruals, % of assets-18.7%-9.6%22.9%-31.8%-12.4%
Last twelve months (to 2025-Q3): 1.69x of profit came back as operating cash flow.
net debt / EBITDA 0.9x · EBIT covers interest 11.1x · capex 1.6x of depreciation · share count -2.7% a year
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

gas_ep

Proved reserves
4 252 000 mln cfe
2025
Reserve life (R/P)
11.2 yrs
reserves ÷ annual output
Annual production
379 600 mln cfe
2025

Proved reserves

YearReserves, mln cfe
20254 252 000

Production

YearProduction, mln cfeper day, mln cfe
2025379 6001 040

10-K FY2025 (SEC, manual onboard 2026-07-23)

Key-commodity price — Henry Hub Gas

Current 3spot vs LTM -18%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: +16.9% ▲ +0.3 pp 1d

Main driver: Henry Hub Gas -19% vs LTM; revenue ×0.84 vs costs ×1.04; EBITDA 835→596; at 10.0× EV/EBITDA → +17%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Henry Hub Gas (rev)+78%2.753.383.11-19%-8%
Propane (NGL) (rev)+18%0.660.690.77-6%+11%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue1 389
LTM EBITDA835
LTM cash costs (revenue − EBITDA)554
2 · Revenue projection
Revenue multiplier — spot×0.844 (-16%)
= Spot revenue1 172
Revenue multiplier — 3y price×0.957 (-4%)
= 3-year-price revenue1 329
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs576
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs576
4 · EBITDA projection (revenue − costs)
= Spot EBITDA596
= 3-year-price EBITDA753
Conservative EBITDA = min(spot, avg)596
5 · Valuation → target market cap
Historical EV/EBITDA (75th pct)10.0x
Target EV = EV/EBITDA × conservative EBITDA5 828
Net debt921
Hedge book at scenario price (net debt adjustment)+230 $M
Target market cap = EV − net debt5 136
Current market cap3 158

Upside = target market cap ÷ current − 1 = +16.9%

Life of mine: 11 yrs — before haircut +62.6%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2024 Q1283383-26.1%162256-36.8%
2024 Q2181317-42.8%60192-68.5%
2024 Q3254281-9.6%97156-37.5%
2024 Q4240363-33.8%-231228-201.1%
2025 Q1197357-44.8%78134-42.2%
2025 Q2448261+71.3%32439+731.0%
2025 Q3380274+38.8%24251+377.8%
2025 Q4398356+11.8%260138+88.6%
2026 Q1438331+32.4%303198+53.2%
2026 Q2323371-12.9%179235-23.7%

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +48% vs -47% the year before — a +95.0 pp move. 3-year CAGR +2%.
revenue growth by year: 2023 +35% · 2024 -47% · 2025 +48%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 4.1x · target 75th pct (3y) 22.4x · LTM avg 10.0x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Gulfport Energy (GPOR) — from primary filings.

Gulfport Energy Corporation is an independent oil and gas company focused on the acquisition, exploration, and production of natural gas, crude oil, and natural gas liquids. Its operations are primarily concentrated in the Utica and Marcellus formations in eastern Ohio and the SCOOP Woodford and Springer formations in central Oklahoma.

Frequently asked questions

What is Gulfport Energy (GPOR)'s P/E ratio?
Gulfport Energy (GPOR) trades at a P/E of 6.4x (price to trailing 12-month earnings).
What is Gulfport Energy (GPOR)'s EV/EBITDA?
Gulfport Energy (GPOR) trades at 4.1x EV/EBITDA.
What is Gulfport Energy (GPOR)'s P/B ratio?
Gulfport Energy (GPOR) trades at a P/B of 1.7x.
What is Gulfport Energy (GPOR)'s return on equity (ROE)?
Gulfport Energy (GPOR)'s ROE is 19.2%.
What is Gulfport Energy (GPOR)'s market capitalization?
Gulfport Energy (GPOR)'s market cap is 3.2 bn USD.

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