GULFPORT ENERGY CORP
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
GPOR$161.91+4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $3,367 | $1,473 |
| Accounts receivable—oil, natural gas, and natural gas liquids sales | 121,990 | 155,942 |
| Accounts receivable—joint interest and other | 7,910 | 8,727 |
| Prepaid expenses and other current assets | 8,804 | 7,086 |
| Short-term derivative instruments | 44,556 | 58,085 |
| Total current assets | 186,627 | 231,313 |
| Property and equipment: | ||
| Oil and natural gas properties, full-cost method | ||
| Proved oil and natural gas properties | 3,779,424 | 3,349,805 |
| Unproved properties | 208,050 | 221,650 |
| Other property and equipment | 12,779 | 11,291 |
| Total property and equipment | 4,000,253 | 3,582,746 |
| Less: accumulated depletion, depreciation and amortization | (1,786,883) | (1,564,475) |
| Total property and equipment, net | 2,213,370 | 2,018,271 |
| Other assets: | ||
| Long-term derivative instruments | 16,378 | 6,003 |
| Deferred tax asset | 498,329 | 581,233 |
| Operating lease assets | 760 | 6,099 |
| Other assets | 19,531 | 22,778 |
| Total other assets | 534,998 | 616,113 |
| Total assets | $2,934,995 | $2,865,697 |
| Liabilities, Mezzanine Equity and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $313,900 | $298,081 |
| Short-term derivative instruments | 30,898 | 41,889 |
| Current portion of operating lease liabilities | 747 | 5,538 |
| Total current liabilities | 345,545 | 345,508 |
| Non-current liabilities: | ||
| Long-term derivative instruments | 29,864 | 35,081 |
| Asset retirement obligation | 33,598 | 32,949 |
| Non-current operating lease liabilities | 13 | 561 |
| Long-term debt | 691,666 | 702,857 |
| Total non-current liabilities | 755,141 | 771,448 |
| Total liabilities | $1,100,686 | $1,116,956 |
| Commitments and contingencies (Note 9) | ||
| Mezzanine equity: | ||
| Preferred stock - $0.0001 par value, 110.0 thousand shares authorized, 0 issued and outstanding at September 30, 2025, and 37.3 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, 2024 | 2 | 2 |
| Additional paid-in capital | 3,101 | 129,059 |
| Retained earnings | 1,833,145 | 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.