2Q26 EPS earnings preview: the first look at new CEO Nick Dell'Osso's strategy!

Research evidence excerpt

2Q26 EPS earnings preview: the first look at new CEO Nick Dell'Osso's strategy!

Oil & Gas Exploration & Production

Gas Exploration & Production - Market Weight

GULFPORT ENERGY (GPOR) July 22, 2026

2Q26 EPS earnings preview: the first look at new CEO Nick Rating:

Dell'Osso's strategy! Peer Perform

Price:

$159.12

The Wolfe Byte Price Target:

2Q26 is the first for GPOR's new CEO, with the focus on strategy, and the NA

challenge of scale. Operationally, we see no reason to second guess prod'n & capex View GPOR Model

View Comp Tableguidance; but watch N Marcellus on whether GPOR can grow liquids.

Company Information

What is Nick Dell'Osso's stamp on strategy. In what we believe could be a pivotal 52-Week Range $150 - $222 Market Cap. (MM) $2,859

quarter for GPOR, our focus is on qualitative management commentary on strategy Enterprise Value (MM) $2,767

from new CEO Nick Dell'Osso. Its no secret he is a proponent of size & consolidation Shares Out. (MM) 18.0

Avg. Value Traded (MM) $39.32

as a route to lowering the corporate break even. In our view, this philosophy has Adj. Debt to Cap 17.6%

unlikely changed with some obvious (private) and less obvious (asset level M&A) SI% of Float 7.1%

pathways under the right conditions that might deliver scale to raise the profile of FCF Yield 0.1% EV/ EBITDA 5.3x

GPORs Investment Case. Our rating is Peer Perform.

Price Performance

For upcoming earnings the key issue to watch is the challenge of scale Just a YTD LTM

few months after its Belmont bolt-on acquisition (4,700 net PUD acres), GPOR's GPOR (23)% (6)%

strategy continues to be marked by organic & inorganic growth but where the overall SPX 10% 19% XOP 40% 40%

pool of available Utica acreage appears to be diminishing against a backdrop or

more speculative large scale M&A.