Company: GPOR
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038172
Chunk: 7

Company: GULFPORT ENERGY CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 7
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 $7,018 8 %Total taxes other than income per Mcfe$0.08 $0.07 12 %

The increase in total and per unit taxes other than income for the three months ended June 30, 2025 compared to the three months ended June 30, 2024, was primarily related to an increase in production taxes resulting from the increase in our natural gas, oil and NGL revenues excluding the impact of hedges discussed above.

Transportation, Gathering, Processing and Compression (in thousands, except per unit)

Three Months Ended June 30, 2025Three Months Ended June 30, 2024% ChangeTransportation, gathering, processing and compression$86,508 $86,529 — %Transportation, gathering, processing and compression per Mcfe$0.94 $0.91 4 %

Transportation, gathering, processing and compression for the three months ended June 30, 2025 compared to the three months ended June 30, 2024, increased on a per unit basis primarily as a result of an increase in the proportion of natural gas liquids and oil and condensate sales.

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Depreciation, Depletion and Amortization (in thousands, except per unit)

Three Months Ended June 30, 2025Three Months Ended June 30, 2024% ChangeDepreciation, depletion and amortization of oil and gas properties$73,123 $78,230 (7)%Depreciation, depletion and amortization of other property and equipment520 323 61 %Total depreciation, depletion and amortization$73,643 $78,553 (6)%Depreciation, depletion and amortization per Mcfe$0.80 $0.82 (2)%

Depreciation, depletion and amortization of our oil and gas properties for the three months ended June 30, 2025 compared to the three months ended June 30, 2024, decreased primarily due to a lower depletion rate resulting from a decline in our amortization base from the full cost ceiling test impairments incurred during 2024, combined with a decrease in our production as noted above.

General and Administrative Expenses (in thousands, except per unit)

Three Months Ended June 30, 2025Three Months Ended June 30, 2024% ChangeGeneral and administrative expenses, gross$21,639 $20,786 4 %