Company: GPOR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000874499-25-000006
Chunk: 48

Company: GULFPORT ENERGY CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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.3 thousand issued and outstanding at December 31, 2024— 37,348 Stockholders’ equity:Common stock - $0.0001 par value, 42.0 million shares authorized, 19.5 million issued and outstanding at September 30, 2025, and 17.8 million issued and outstanding at December 31, 20242 2 Additional paid-in capital3,101 129,059 Retained earnings1,833,145 1,582,332 Treasury stock, at cost - 10.7 thousand shares at September 30, 2025 and 0 shares at December 31, 2024(1,939)— Total stockholders’ equity$1,834,309 $1,711,393 Total liabilities, mezzanine equity and stockholders’ equity$2,934,995 $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 September 30, 2025Three Months Ended September 30, 2024REVENUES:Natural gas sales$236,801 $159,862 Oil and condensate sales37,406 29,467 Natural gas liquid sales38,734 26,617 Net gain on natural gas, oil and NGL derivatives66,804 37,966 Total revenues379,745 253,912 OPERATING EXPENSES:Lease operating expenses20,793 18,218 Taxes other than income7,925 6,833 Transportation, gathering, processing and compression96,390 89,900 Depreciation, depletion and amortization83,216 82,825 Impairment of oil and natural gas properties— 30,487 General and administrative expenses11,835 10,479 Accretion expense597 583 Total operating expenses220,756 239,325 INCOME FROM OPERATIONS158,989 14,587 OTHER EXPENSE:Interest expense13,590 15,866 Loss on debt extinguishment— 13,388 Other, net2,596 3,133 Total other expense16,186 32,387 INCOME (LOSS) BEFORE INCOME TAXES142