Company: GPOR
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008043
Chunk: 372

Company: GULFPORT ENERGY CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 372
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ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

INDEX TO FINANCIAL STATEMENTS

 PageReport of Independent Registered Public Accounting Firm (PCAOB ID Number 248)58Consolidated Balance Sheets60Consolidated Statements of Operations61Consolidated Statements of Stockholders'  Equity62Consolidated Statements of Cash Flows63Notes to Consolidated Financial Statements641. Summary of Significant Accounting Policies642. Segment Information693. Property and Equipment704. Long-Term Debt715. Mezzanine Equity746. Equity757. Stock-Based Compensation768. Revenue From Contracts With Customers789. Leases7910. Income Taxes8011. Earnings Per Share8212. Derivative Instruments8213. Restructuring Costs8614. Investments8615. Fair Value Measurements8616. Related Party Transactions8817. Commitments8818. Contingencies 8919. Subsequent Events9120. Supplemental Information On Oil And Gas Exploration And Production Activities (Unaudited)91

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Table of ContentsIndex to Financial Statements

Report of Independent Registered Public Accounting Firm

Board of Directors and Stockholders

Gulfport Energy Corporation

Opinion on the financial statements 

We have audited the accompanying consolidated balance sheets of Gulfport Energy Corporation (a Delaware corporation) and subsidiaries (the “Company”) as of December 31, 2024 and 2023, the related consolidated statements of operations, stockholders’ equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. 

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (“PCAOB”), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in the 2013 Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), and our report dated February 26, 2025 expressed an unqualified opinion.