GPOR

EX-99.1

2 ea031084001ex99-1.htm PRESS RELEASE DATED NOVEMBER 4, 2026 ENTITLED "GULFPORT ENERGY REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS."

Exhibit 99.1

Gulfport Energy Reports Third Quarter 2026 Financial and Operating Results

OKLAHOMA

CITY (November 4, 2026) Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today reported financial and operating results for the three months ended September 30, 2026.

Third Quarter 2026 Results and Recent Highlights

●Reported $96.4 million of net income and $226.5 million of adjusted EBITDA(1)

●Generated $183.6 million of net cash provided by operating activities and $89.0 million of adjusted free cash flow(1)

●Produced approximately 1,057.2 MMcfe per day

●Delivered net liquids production of 23.5 MBbl per day, an increase of approximately 67% over second quarter 2026

●Incurred $111.7 million of capital expenditures, which includes $103.5 million of operated D&C capital expenditures and $8.2 million of maintenance land and seismic investment

●Added opportunistic discretionary acreage acquisitions totaling $46.9 million

●Completed previously announced Ohio state land lease acquisitions totaling $83.0 million

●Repurchased approximately 218.7 thousand shares of common stock for approximately $36.2 million during the three months ended September 30, 2026

●Expanded stock repurchase authorization by 33% to $2.0 billion

●Completed fall borrowing base redetermination of revolving credit facility with reaffirmed borrowing base and elected commitments of $1.1 billion

●Signed supply agreement for 50,000 MMBtu/d supporting growing Midwest demand, bringing premium priced supply contracts to approximately 10% of forecasted net production

●Released annual Corporate Sustainability Report, reflecting Gulfport’s continued commitment to environmental stewardship, responsible operations and sound corporate governance

Nick Dell’Osso, Gulfport’s President and CEO, commented, “Our 2026 development program gained significant momentum in the third quarter. As planned, our back-half-weighted turn-in-line schedule drove production up approximately 10% from the second quarter, led by new liquids-rich wet gas Utica pads, with liquids now representing approximately 13% of total volumes. That higher-value production mix, combined with strong realized liquids pricing and our disciplined cost structure, translated directly into stronger margins and earnings, with adjusted EBITDA and adjusted free cash flow both up meaningfully from the second quarter. We expect to continue building on that strength in the fourth quarter, keeping us on track to deliver full-year production and capital expenditures in line with our guidance.”

Dell’Osso continued, “We also continued to enhance the depth of our inventory, completing the Ohio state land acquisitions, and expect to complete our $140 million 2026 discretionary acreage acquisition program by year-end through disciplined, targeted leasing in the core of our position. As we look to 2027, we are evaluating a more continuous two-rig Appalachia development program, which we believe will drive meaningful operational efficiencies through steadier rig and crew utilization, lower our development costs, concentrate capital in our highest-return asset area and position the business for production growth beginning in 2028. This shift in capital allocation would allow Gulfport to balance reinvestment with returns to shareholders while preserving our strong balance sheet, and we look forward to sharing our full 2027 outlook in February.”

“With a high-quality, deep and concentrated asset base in the heart of Appalachia, adjacent to growing power demand in Ohio, a strong financial foundation and an expanded stock repurchase authorization, we believe we are well positioned to generate durable adjusted free cash flow and deliver meaningful value to our shareholders,” Dell’Osso concluded.

A company presentation to accompany the Gulfport earnings conference call can be accessed by clicking here.

1.A non-GAAP financial measure. Reconciliations of these non-GAAP measures and other disclosures are provided with the supplemental financial tables available on our website at www.gulfportenergy.com.

2

Operational Update

The table below summarizes Gulfport’s operated drilling and completion activity for the third quarter of 2026:

Quarter Ended September 30, 2026

Gross Net Lateral Length

Spud

Utica & Marcellus 5 4.8 19,700

SCOOP

— — —

Drilled

Utica & Marcellus 5 4.8 16,400

SCOOP

— — —

Completed

Utica & Marcellus 7 6.7 14,200

SCOOP

— — —

Turned-to-Sales

Utica & Marcellus 7 6.9 16,400

SCOOP

— — —

Gulfport’s net daily production for the third quarter of 2026 averaged 1,057.2 MMcfe per day, primarily consisting of 889.5 MMcfe per day in the Utica/Marcellus and 167.7 MMcfe per day in the SCOOP. For the third quarter of 2026, Gulfport’s net daily production mix was comprised of approximately 87% natural gas, 10% natural gas

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