Sector: Natural gas
COMM_GPOR
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.
Shares: yahoo_fundamentals_timeseries/GPOR
| Period | Issues |
|---|---|
| 2023-03-31 Q1 | ⚠Warn 1 |
| 2023-06-30 Q2 | ⚠Warn 1 |
| 2023-09-30 Q3 | ⚠Warn 1 |
| 2023-12-31 FY | ⚠Warn 1 |
| 2024-03-31 Q1 | ⚠Warn 1 |
| 2024-06-30 Q2 | ⚠Warn 2 |
| 2024-09-30 Q3 | ⚠Warn 3 |
| 2024-12-31 FY | ✗Errors 1Warn 1 |
| 2025-03-31 Q1 | ✗Errors 1Warn 2 |
| 2025-06-30 Q2 | ⚠Warn 1 |
| 2025-09-30 Q3 | ⚠Warn 1 |
| 2025-12-31 FY | ⚠Warn 2 |
| 2026-03-31 Q1 | ✗Errors 1Warn 2 |
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.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 437.5 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 | -137.8 | 3075.4 y/y 4.3% | 1807.7 y/y 9.2% | 36.4% | 821.1 | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 398.2 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 | -144.7 | 3029.5 y/y 5.7% | 1834.7 y/y 7.2% | 23.3% | 786.9 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 379.7 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 | -129.9 | 2935.0 y/y -7.7% | 1834.3 y/y -10.8% | 8.3% | 689.0 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 447.6 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 | -144.8 | 2959.5 y/y -8.6% | 1765.7 y/y -16.7% | 43.1% | 692.2 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 197.0 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 | -108.2 | 2947.6 y/y -9.4% | 1655.5 y/y -24.3% | -0.1% | 695.8 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 239.9 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 | -77.2 | 2865.7 y/y -12.3% | 1711.4 y/y -20.8% | -13.9% | 706.9 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 253.9 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 | -132.1 | 3178.2 y/y 1.3% | 2056.2 y/y 3.9% | -0.9% | 699.1 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 181.1 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 | -126.7 | 3238.2 y/y 26.7% | 2119.9 y/y 53.8% | -4.9% | 685.2 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 283.2 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 | -118.1 | 3254.1 y/y 28.8% | 2187.3 y/y 65.7% | 9.6% | 638.2 | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 489.1 y/y — | 282.5 y/y — | 81.0 y/y — | 363.5 y/y — | 245.7 y/y — | 155.5 | -116.2 | 3267.6 y/y — | 2161.7 y/y — | 71.0% | 678.4 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 266.7 y/y — | 67.2 y/y — | 79.5 y/y — | 146.7 y/y — | 608.4 y/y — | 156.3 | -137.7 | 3136.9 y/y — | 1980.0 y/y — | 48.3% | 648.9 | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 304.7 y/y — | 102.6 y/y — | 80.1 y/y — | 182.7 y/y — | 93.7 y/y — | 107.4 | -153.0 | 2555.7 y/y — | 1378.1 y/y — | 27.8% | 655.8 | Link |
| 2023-03-31 | Q1 2023 (3M) | OK | 731.2 y/y — | 522.6 y/y — | 79.1 y/y — | 601.7 y/y — | 523.1 y/y — | 304.1 | -130.4 | 2527.1 y/y — | 1320.2 y/y — | — | 558.3 | Link |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Current 3spot vs LTM -13%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: +102.7%
Main driver: Henry Hub Gas -13% vs LTM; revenue ×0.92 vs costs ×1.04; EBITDA 1 130→980; at 6.3× EV/EBITDA → +103%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| Henry Hub Gas (rev) | +78% | 3.06 | 3.53 | 3.09 | -13% | -12% |
| Propane (NGL) (rev) | +18% | 0.80 | 0.69 | 0.76 | +15% | +10% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 1 663 |
| LTM EBITDA | 1 130 |
| LTM cash costs (revenue − EBITDA) | 533 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×0.923 (-8%) |
| = Spot revenue | 1 535 |
| Revenue multiplier — 3y price | ×0.922 (-8%) |
| = 3-year-price revenue | 1 533 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 554 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 554 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 980 |
| = 3-year-price EBITDA | 979 |
| Conservative EBITDA = min(spot, avg) | 980 |
| 5 · Valuation → target market cap | |
| Historical EV/projected-EBITDA (75th pct) | 6.3x |
| Target EV = EV/EBITDA × conservative EBITDA | 6 220 |
| Net debt | 0 |
| Target market cap = EV − net debt | 6 220 |
| Current market cap | 3 069 |
Upside = target market cap ÷ current − 1 = +102.7%
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.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2023 Q2 | 305 | 275 | +10.6% | 183 | 140 | +30.2% |
| 2023 Q3 | 267 | 338 | -21.0% | 147 | 204 | -28.1% |
| 2023 Q4 | 489 | 486 | +0.6% | 363 | 355 | +2.3% |
| 2024 Q1 | 283 | 383 | -26.1% | 162 | 256 | -36.8% |
| 2024 Q2 | 181 | 317 | -42.8% | 60 | 192 | -68.4% |
| 2024 Q3 | 254 | 281 | -9.6% | 97 | 156 | -37.5% |
| 2024 Q4 | 240 | 363 | -33.8% | -231 | 228 | -201.1% |
| 2025 Q1 | 197 | 357 | -44.8% | 78 | 134 | -42.2% |
| 2025 Q2 | 448 | 261 | +71.3% | 324 | 39 | +730.9% |
| 2025 Q3 | 380 | 274 | +38.8% | 242 | 51 | +377.7% |
| 2025 Q4 | 398 | 356 | +11.8% | 260 | 138 | +88.6% |
| 2026 Q1 | 438 | 331 | +32.4% | 303 | 198 | +53.2% |
Projected EV/EBITDA 3.7x · target 75th pct (3y) 6.3x · LTM avg 8.3x
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)