Company: GPOR
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008043
Chunk: 379

Company: GULFPORT ENERGY CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 379
---
)$— $315,726 $1,847,948 $2,161,680 Net loss— — — — — — (261,386)(261,386)Conversion of preferred stock500 — — — — 6,866 — 6,866 Stock compensation— — — — — 16,355 — 16,355 Repurchase of common stock under Repurchase Program(1,203)— — — — (186,271)— (186,271)Issuance of common stock held in reserve— — 62 1,996 — — — 1,996 Issuance of common stock upon vesting of share-based awards363 — — — — — — — Common stock withheld for income taxes on share-based awards(150)— — — — (23,614)— (23,614)Dividends on preferred stock— — — — — (3)(4,230)(4,233)Balance at December 31, 202417,798 $2 — $— $— $129,059 $1,582,332 $1,711,393 

See accompanying notes to consolidated financial statements.

62

Table of ContentsIndex to Financial Statements

GULFPORT ENERGY CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Year Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022Cash flows from operating activities:Net (loss) income$(261,386)$1,470,916 $494,701 Adjustments to reconcile net (loss) income to net cash provided by operating activities:Depletion, depreciation and amortization325,723 319,715 267,761 Impairment of oil and natural gas properties373,214 — — Loss on debt extinguishment13,388 — — Net (gain) loss on derivative instruments(29,527)(740,319)999,747 Net cash receipts (payments) on settled derivative instruments282,637 152,199 (1,053,810)Deferred income tax benefit(56,077)(525,156)— Stock-based compensation expense10,958 9,