Gulfport Energy Q2 net income $87.1M, down 53% YoY; CFO resigns; launches $140M acreage program

GULFPORT ENERGY CORP

Net income $87.1M ($4.85 diluted EPS) vs $184.5M in Q2 2025; adjusted EBITDA $179.1M.
Production 962.8 MMcfe/d, down 4% YoY; full-year base capex guidance updated to ~$430M.
New discretionary acreage program targets $140M through year-end; $40.3M deployed in Q2.
CFO Michael Hodges resigns effective Aug 5; advisory role until Sep 1; search for successor.
Repurchased 392.2k shares for $70M in Q2; $336.8M remaining under buyback program.

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