Gulfport Energy公布2022年第二季度财务和运营业绩，并扩大普通股回购计划
俄克拉荷马城——（美国商业资讯）——金沙赌场（NYSE: GPOR）（“格尔夫波特”或“公司”）今天公布了截至6月30日的三个月的财务和经营业绩, 并提供了2022年发展计划和财务指导的更新.
Second Quarter 2022 and Recent Highlights
- Delivered total net production of 959.1 MMcfe per day
- Reported $256.6 million of net income and $204.5 million of adjusted EBITDA(1)
- Generated $129.业务活动提供的净现金500万美元和80美元.3 million of free cash flow(1)
- Increased borrowing base to $1.从8.5亿美元增加到5000亿美元，其中7亿美元金沙赌场是选举承诺的
- Repurchased approximately 2.2 million shares of common stock for a total of $189.3 million as of July 28, 2022
- 将普通股回购计划从2亿美元扩大到3亿美元
"Gulfport delivered another strong quarter, 由于我们的历史发展计划持续表现优异，以及我们2022年SCOOP生产线的强劲生产力. 我们在2022年的前六个月产生了大量的自由现金流, 使我们能够向股东返还资本，同时保持强劲的财务状况, 以低于1的保守杠杆率退出本季度.0x. We have repurchased a total of 2.自启动和扩大该计划以来，共有200万股股票, 与计划开始时相比，我们的普通股流通股减少了大约8%," commented Tim Cutt, CEO of Gulfport.
“随着我们在第三季度进入活动高峰期, 影响该行业的通货膨胀效应导致我们增加了今年的资本前景. In addition, 我们在上一季度讨论的套管修复要求导致我们放弃了Utica压裂设备，并将完井计划推迟到2022年. After an approximately 45-day delay, 我们重新开始执行Utica完井项目，并计划在8月中旬投产下一个区块. 这影响了我们实现之前提供的生产指导范围高端的能力, despite the very strong start to the year."
“我们的自由现金流前景仍然强劲，我们的自由现金流指导不变，我们继续优先考虑通过普通股回购向股东回报资本，同时也评估所有额外的资本回报机会. 董事会增加1亿美元的股票回购计划进一步证明了我们向股东返还资本的承诺.”
在格尔夫波特的财报电话会议上，可以点击查看公司的演示文稿 here.
- A non-GAAP financial measure. 这些非公认会计准则措施和其他披露的对帐已在我们的网站上提供了补充财务表，网址为 egwd.discover-motors.com.
Expanded Common Stock Repurchase Program
Gulfport董事会最近扩大了公司先前宣布的普通股回购计划，现在授权Gulfport回购高达3亿美元的已发行普通股. 回购计划项下的购买可不时在公开金沙赌场最新网址或私下协商交易中进行, and will be subject to available liquidity, market conditions, credit agreement restrictions, applicable legal requirements, contractual obligations and other factors. 回购计划不要求公司收购任何特定数量的股份. 公司打算利用现有资金根据回购计划购买股票，同时保持足够的流动性，为其资本发展计划提供资金. The repurchase program may be suspended from time to time, modified, 由董事会随时延长或终止.
截至2022年7月28日，公司已回购了约2个.200万股普通股，加权平均股价为86美元.59 during 2022, totaling approximately $189.3 million in aggregate.
Operational Update
下表总结了Gulfport在2022年第二季度的钻井和完井活动：
|
|
Quarter Ended June 30, 2022 |
||
|
|
Gross |
Net |
Lateral Length |
|
Spud |
|
|
|
|
Utica |
2 |
1.3 |
13,400 |
|
SCOOP |
2 |
1.5 |
10,290 |
|
|
|
|
|
|
Drilled |
|
|
|
|
Utica |
8 |
7.5 |
14,760 |
|
SCOOP |
2 |
1.5 |
10,300 |
|
|
|
|
|
|
Completed |
|
|
|
|
Utica |
— |
— |
— |
|
SCOOP |
— |
— |
— |
|
|
|
|
|
|
Turned-to-Sales |
|
|
|
|
Utica |
3 |
1.7 |
8,570 |
|
SCOOP |
— |
— |
— |
2022年第二季度，格尔夫波特的日均净产量为959桶.1 MMcfe per day, primarily consisting of 654.8 MMcfe per day in the Utica and 304.3 MMcfe per day in the SCOOP. For the second quarter of 2022, Gulfport的净日产量约90%由天然气组成, 7% natural gas liquids ("NGL") and 3% oil and condensate.
|
|
Successor |
|
Non-GAAP |
||||
|
|
Three Months Ended |
|
Three Months Ended |
||||
|
Production |
|
|
|
||||
|
Natural gas (Mcf/day) |
|
858,481 |
|
|
|
895,101 |
|
|
Oil and condensate (Bbl/day) |
|
4,678 |
|
|
|
4,971 |
|
|
NGL (Bbl/day) |
|
12,093 |
|
|
|
10,687 |
|
|
Total (Mcfe/day) |
|
959,106 |
|
|
|
989,053 |
|
|
Average Prices |
|
|
|
||||
|
Natural Gas: |
|
|
|
||||
|
Average price without the impact of derivatives ($/Mcf) |
$ |
6.90 |
|
|
$ |
2.71 |
|
|
Impact from settled derivatives ($/Mcf) |
|
(3.70 |
) |
|
|
(0.12 |
) |
|
Average price, including settled derivatives ($/Mcf) |
$ |
3.20 |
|
|
$ |
2.59 |
|
|
Oil and condensate: |
|
|
|
||||
|
Average price without the impact of derivatives ($/Bbl) |
$ |
105.72 |
|
|
$ |
62.95 |
|
|
Impact from settled derivatives ($/Bbl) |
|
(33.55 |
) |
|
|
— |
|
|
Average price, including settled derivatives ($/Bbl) |
$ |
72.17 |
|
|
$ |
62.95 |
|
|
NGL: |
|
|
|
||||
|
Average price without the impact of derivatives ($/Bbl) |
$ |
49.17 |
|
|
$ |
29.89 |
|
|
Impact from settled derivatives ($/Bbl) |
|
(4.73 |
) |
|
|
— |
|
|
Average price, including settled derivatives ($/Bbl) |
$ |
44.44 |
|
|
$ |
29.89 |
|
|
Total: |
|
|
|
||||
|
Average price without the impact of derivatives ($/Mcfe) |
$ |
7.31 |
|
|
$ |
3.09 |
|
|
Impact from settled derivatives ($/Mcfe) |
|
(3.53 |
) |
|
|
(0.11 |
) |
|
Average price, including settled derivatives ($/Mcfe) |
$ |
3.78 |
|
|
$ |
2.98 |
|
|
Selected operating metrics |
|
|
|
||||
|
Lease operating expenses ($/Mcfe) |
$ |
0.16 |
|
|
$ |
0.12 |
|
|
Taxes other than income ($/Mcfe) |
$ |
0.19 |
|
|
$ |
0.10 |
|
|
运输、采集、加工、压缩费用（$/Mcfe） |
$ |
1.01 |
|
|
$ |
1.07 |
|
|
经常性现金一般和管理费用（百万美元）（非公认会计准则） |
$ |
0.12 |
|
|
$ |
0.12 |
|
|
Interest expenses ($/Mcfe) |
$ |
0.16 |
|
|
$ |
0.11 |
|
Capital Investment
Capital investment was $105.（按已发生基础计算）2022年第二季度为200万美元，其中95美元.2 million related to drilling and completion (“D&C”) activity and $10.0 million related to leasehold and land investment.
截至2022年6月30日的六个月期间，资本投资为205美元.6 million (on an incurred basis), of which $189.5 million related to D&C activity and $16.0 million to leasehold and land investment.
Financial Position and Liquidity
As of June 30, 2022, Gulfport had approximately $6.6 million of cash and cash equivalents, $124.0 million of borrowings under its credit facility, $113.200万美元的未偿信用证和5.5亿美元的未偿2026优先票据.
截至2022年6月30日，Gulfport的流动资金总额约为4.69亿美元.600万现金和现金等价物，约462美元.在其信贷安排下的可用借款能力为800万美元.
In June 2022, the company paid approximately $1.4 million in cash dividends on its preferred stock.
Spring Borrowing Base Redetermination
Gulfport在2022年第二季度和5月2日完成了春季借款基地的重新确定, 2022, 公司对其信贷协议（“修订”）进行了第一次修订，以管理信贷额度. The Amendment, among other things, 将信贷安排下的借贷基础由8.5亿美元增加至10亿美元, 推选出借人承诺总额维持在7亿美元. In addition, 该修正案放宽了与套期保值有关的某些要求和限制, 修订了管理某些限制性付款的契约，并规定了从LIBOR到SOFR基准的过渡. 该修正案增加了格尔夫波特的财务灵活性，以继续执行我们的商业计划，并进一步明确了我们向股东返还资本的能力.
Updated Full Year 2022 Guidance
受通货膨胀影响，格尔夫波特更新了对D&预计在2022年期间投资3.75亿至4.05亿美元. In addition, based on activity to date and planned activity, Gulfport预计在2022年将增加约1000万美元的租赁和土地投资.
由于Utica地区套管修复作业的延迟，导致几口井的预期投产日期推迟，Gulfport已将其全年净产量预期范围缩小至975百万立方米/天,000 MMcfe per day.
Taking into account the previously mentioned updates, Gulfport has also updated its transportation, gathering, processing and compression expense per Mcfe for 2022.
尽管发生了这些变化，格尔夫波特仍维持了今年的自由现金流指引.
|
|
Year Ending |
||
|
|
December 31, 2022 |
||
|
|
Low |
|
High |
|
Production |
|
|
|
|
Average daily gas equivalent (MMcfepd) |
975 |
|
1,000 |
|
% Gas |
~90% |
||
|
|
|
|
|
|
Realizations (before hedges) |
|
|
|
|
Natural gas (differential to NYMEX settled price) ($/Mcf) |
$(0.15) |
|
$(0.25) |
|
NGL (% of WTI) |
45% |
|
55% |
|
Oil (differential to NYMEX WTI) ($/Bbl) |
$(3.00) |
|
$(4.00) |
|
|
|
|
|
|
Operating costs |
|
|
|
|
Lease operating expense ($/Mcfe) |
$0.16 |
|
$0.18 |
|
Taxes other than income ($/Mcfe) |
$0.15 |
|
$0.17 |
|
Transportation, gathering, processing and compression(1) ($/Mcfe) |
$0.96 |
|
$1.00 |
|
Recurring cash general and administrative(2,3) (in millions) |
$42 |
|
$44 |
|
(1)假设拒绝罗孚公司运输协议. |
|
|
|
|
(2) Recurring cash G&A includes capitalization. 它不包括非现金股票补偿和与某些法律和重组费用有关的费用. |
|
|
|
|
|
|
|
|
|
|
Total |
||
|
Capital expenditures (incurred) |
(in millions) |
||
|
D&C |
$375 |
|
$405 |
|
Leasehold and land |
$35 |
||
|
Total |
$410 |
|
$440 |
|
|
|
|
|
|
Free cash flow(3) |
$375 |
|
$425 |
|
(3) This is a non-GAAP measure. 这些非公认会计准则措施和其他披露的对帐已在我们的网站上提供了补充财务表，网址为 egwd.discover-motors.com. |
|
|
|
Derivatives
Gulfport就其预期未来产量的一部分签订了商品衍生品合同，以减轻公司对商品价格波动的影响. For details, 请参阅我们网站上提供的补充财务表的“衍生工具”部分 ir.discover-motors.com.
Second Quarter 2022 Conference Call
格尔夫波特将于美国东部时间上午9点开始召开电话会议和网络直播，讨论2022年第二季度的业绩.m. ET (8:00 a.m. CT) on Wednesday, August 3, 2022.
电话会议可以通过格尔夫波特网站上的链接实时收听， egwd.discover-motors.com. In addition, 您可以拨打国内电话866-682-6100或国际电话404-267-0373参加电话会议. 电话会议的重播将在格尔夫波特网站上提供，电话音频重播将于8月4日开始提供, 2022 to August 18, 2022, 国内拨打877-660-6853，国际拨打201-612-7415，然后输入重放密码13731632.
Financial Statements and Guidance Documents
2022年第二季度财报以及产量等季度金沙赌场的补充信息, pricing, 财务报表和非公认会计准则对账可在我们的网站上查阅 ir.discover-motors.com.
Non-GAAP Disclosures
This news release includes non-GAAP financial measures. 此类非公认会计准则指标不应被视为公认会计准则指标的替代方案. 这些非公认会计准则措施和其他披露的对帐已在我们的网站上提供了补充财务表，网址为 ir.discover-motors.com.
About Gulfport
Gulfport金沙赌场是一家独立的天然气勘探和生产公司，专注于勘探, acquisition and production of natural gas, 主要集中在阿巴拉契亚盆地和阿纳达科盆地. 我们的主要资产位于俄亥俄州东部的Utica地层和俄克拉荷马州中部的SCOOP Woodford和SCOOP Springer地层.
Forward Looking Statements
本新闻稿包括“前瞻性陈述”，以1995年《金沙赌场》的安全港条款为目的, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. 前瞻性陈述金沙赌场是与历史事实无关的陈述. 其中包括关于格尔夫波特目前预期的声明, 管理层对未来事件的展望、指导或预测, projected cash flow and liquidity, inflation, share repurchases and other return of capital plans, its ability to enhance cash flow and financial flexibility, future production and commodity mix, plans and objectives for future operations, the ability of our employees, 投资组合实力和运营领导力，以创造长期价值, 拒绝某些中游合同以及此类声明所依据的假设. 格尔夫波特相信前瞻性陈述中反映的期望和预测金沙赌场是合理的, 格尔夫波特不能保证他们会证明金沙赌场是正确的. 它们可能受到不准确或改变的假设或已知或未知的风险和不确定性的影响. Important risks, 假设和其他可能导致未来结果与前瞻性陈述中表达的重大差异的重要因素在截至12月31日的Gulfport 10-K表格年度报告第1A项“风险因素”中进行了描述, 2021年，以及格尔夫波特随后的10-Q表季度报告或8-K表当前报告中对这些因素的任何更新 http://egwd.discover-motors.com/investors/sec-filings). 格尔夫波特没有义务公开发布对任何前瞻性陈述的任何修订, 报告事件或报告意外事件的发生.
投资者应该注意到，格尔夫波特在提交给SEC的文件中公布了财务信息, press releases and public conference calls. Gulfport may use the Investors section of its website (egwd.discover-motors.com) to communicate with investors. 在那里张贴的财务和其他信息可能被视为重要信息. 格尔夫波特网站上的信息不属于这份文件的一部分.
View source version on businesswire.com: http://www.businesswire.com/news/home/20220802005984/en/
Investor Contact:
Jessica Antle – Director, Investor Relations
jantle@discover-motors.com
405-252-4550
Media Contact
Reevemark
Hugh Burns / Paul Caminiti / Nicholas Leasure
212-433-4600
Source: Gulfport Energy Corporation
Released August 2, 2022