Company: GPOR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000874499-25-000006
Chunk: 56

Company: GULFPORT ENERGY CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 56
---
31, 2024Revenue payable and suspense$143,505 $139,703 Accounts payable55,826 34,668 Accrued transportation, gathering, processing and compression43,121 36,170 Accrued capital expenditures20,616 20,229 Other accrued liabilities50,832 67,311 Total accounts payable and accrued liabilities$313,900 $298,081 Supplemental Cash Flow and Non-Cash Information (in thousands)Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024Supplemental disclosure of cash flow information:Interest payments, net of amounts capitalized$46,385 $43,980 Income taxes paid$2,400 $— Changes in operating assets and liabilities, net:Accounts receivable - oil, natural gas, and natural gas liquid sales$33,952 $33,548 Accounts receivable - joint interest and other817 7,947 Accounts payable and accrued liabilities(17,612)(21,117)Prepaid expenses(2,603)850 Other assets1 19 Total changes in operating assets and liabilities, net$14,555 $21,247 Supplemental disclosure of non-cash transactions:Capitalized stock-based compensation$4,554 $4,142 Asset retirement obligation capitalized$520 $681 Asset retirement obligation removed due to settlements$(1,030)$— Release of common stock held in reserve$— $1,996 Unamortized 2026 Senior Notes debt issuance costs$— $447 

2.SEGMENT INFORMATION

The Company's assets and operations consist of one reportable segment with all revenues, operating expenses and assets attributable to this segment reflected in the consolidated financial statements. The Company derives its revenue from the sale of natural gas, oil and condensate and NGL produced from its oil and natural gas properties located in the United States.The CODM of the Company is its Chief Executive Officer. The CODM assesses entity-wide operating results and performance and decides how to allocate resources based on net income (loss), which is reported on the consolidated statement of operations.  The measure of segment assets is reported on the consolidated balance sheets as “total assets”.

11

The following tables present selected financial information with respect to the Company's one operating segment for the three and nine months ended September 30, 2025 and 2024 (in thousands):Three