Company: GPOR
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038172
Chunk: 45

Company: GULFPORT ENERGY CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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5, and 37.3 thousand issued and outstanding at December 31, 202431,356 37,348 Stockholders’ equity:Common stock - $0.0001 par value, 42.0 million shares authorized, 17.6 million issued and outstanding at June 30, 2025, and 17.8 million issued and outstanding at December 31, 20242 2 Additional paid-in capital1,509 129,059 Retained earnings1,764,668 1,582,332 Treasury stock, at cost - 2.5 thousand shares at June 30, 2025 and 0 shares at December 31, 2024(500)— Total stockholders’ equity$1,765,679 $1,711,393 Total liabilities, mezzanine equity and stockholders’ equity$2,959,457 $2,865,697 

See accompanying notes to consolidated financial statements.

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Table of Contents

GULFPORT ENERGY CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands) 

(Unaudited) 

Three Months Ended June 30, 2025Three Months Ended June 30, 2024REVENUES:Natural gas sales$241,236 $144,458 Oil and condensate sales41,543 19,127 Natural gas liquid sales28,736 26,147 Net gain (loss) on natural gas, oil and NGL derivatives136,101 (8,615)Total revenues447,616 181,117 OPERATING EXPENSES:Lease operating expenses17,628 15,817 Taxes other than income7,556 7,018 Transportation, gathering, processing and compression86,508 86,529 Depreciation, depletion and amortization73,643 78,553 General and administrative expenses10,926 10,752 Accretion expense587 567 Total operating expenses196,848 199,236 INCOME (LOSS) FROM OPERATIONS250,768 (18,119)OTHER EXPENSE:Interest expense13,731 15,158 Other, net901 522 Total other expense14,632 15,680 INCOME (LOSS) BEFORE INCOME TAXES236,136 (33,799)INCOME TAX EXPENSE (BENEFIT