Gulfport Energy(US:GPOR)2025-08-06 13:00Financial Overview - Gulfport's market capitalization is $3.1 billion as of July 30, 2025[9, 12] - The enterprise value (EV) is $3.8 billion, with an EV/2026 EBITDA multiple of 3.6x[9, 13] - The company has approximately $885 million in liquidity[9] - Gulfport's leverage ratio is approximately 0.85x[9] Production and Capital Expenditure - The estimated total net equivalent production for 2025 is between 1,040 and 1,065 MMcfe/day[9] - Net liquids production for 2025 is estimated to be between 18.0 and 20.5 MBbl/day, with approximately 89% being natural gas[9] - The D&C capital expenditure is projected to be between $335 and $355 million, with an additional $35 to $40 million for maintenance leasehold capital, resulting in a total base capital of $370 to $395 million for 2025[9] - Approximately 80% of the 2025 capital program is allocated to Utica/Marcellus, and 20% to SCOOP[11] - Production mix for 2025 is estimated to be approximately 83% from Utica/Marcellus, 7% from SCOOP, and 10% from Land[11] Shareholder Value and Equity Repurchase - Gulfport has an equity repurchase program with a $1.5 billion authorization, with approximately $709 million already repurchased as of June 30, 2025, retiring approximately 6.2 million shares[17] - The company expects to allocate substantially all FY 2025 adjusted free cash flow, excluding discretionary acreage acquisitions, towards the redemption of preferred equity and common stock repurchases[21] - The total illustrative redemption value for preferred shares is approximately $390 million as of July 30, 2025[26] Reserves and Acreage - Gulfport's YE24 proved reserves in Utica and Marcellus are 3.0 Net Tcfe, with approximately 228,500 net reservoir acres[7] - In SCOOP, the YE24 proved reserves are 1.0 Net Tcfe, with approximately 73,000 net reservoir acres[7]