Gulfport Energy Tops Revenue Estimates but Free Cash Flow Margin Falls
Gulfport Energy (NYSE:GPOR), an oil and natural gas producer, reported its Q2 CY2026 results, exceeding Wall Street's revenue expectations. The company generated $323.2 million in revenue, a 27.8% year-over-year decline but a 6.7% beat against analyst estimates of $302.8 million.
The company's GAAP profit of $4.85 per share was 16.2% above analysts' consensus estimates, while its adjusted EBITDA margin came in at 55.4%, up 8 percentage points year over year but slightly missing Wall Street's expectations.
However, Gulfport Energy's free cash flow margin fell to 2%, down from 19.4% in the same quarter last year, and its oil production declined by 46.4% year over year.