Gulfport Energy reported strong third-quarter 2025 results, driven by significant expansion of its drillable inventory and successful U-development well testing in the Utica. The company is strategically investing in discretionary capital for acreage acquisitions and stock repurchases while maintaining a strong financial leverage position.
Expanded undeveloped Marcellus inventory by approximately 125 gross locations, a 200% increase in Ohio Marcellus inventory.
positiveSuccessfully drilled two U-development wells in the Utica, validating technical feasibility and unlocking 20 gross Utica dry gas locations.
positiveTotal net production increased 11% over the second quarter of 2025 to 1,119.7 MMcfe per day.
positiveNet liquids production increased 15% over the second quarter of 2025 to 22.0 MBbl per day.
positiveGenerated $209.1 million in net cash provided by operating activities and $103.4 million in adjusted free cash flow.
positiveAverage price for oil and condensate without derivatives decreased to $58.99/Bbl from $69.35/Bbl in the prior year period.
attentionThe company is proactively investing $35 million in discretionary development activity in 2025 to mitigate anticipated production impacts in early 2026 from offset operator simultaneous operations and planned midstream maintenance downtime.
attentionAverage natural gas price including settled derivatives decreased to $2.95/Mcf from $2.75/Mcf in the prior year period, despite higher underlying prices.
attentionMargin metrics will be available once backend extracts data from insights_json
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Significant expansion of drillable inventory driven by Marcellus delineation and successful U-development wells in the Utica.
U-development wells in the Utica validated technical feasibility and added nearly one net year of high-quality, dry gas inventory.
Gross undeveloped inventory has grown by over 40% since year-end 2022, with an estimated 700 gross locations across the asset base.
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