GULFPORT ENERGY CORP
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
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, 2026 · Filed Nov 5, 2026
Contents
2. Segment Information
- SEGMENT INFORMATION
The Company's assets and operations consist ofone 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 Company's Chief Executive Officer (“CEO”) is the CODM and is responsible for assessing performance and allocating resources on an entity-wide basis. From January 1, 2026 through March 6, 2026, the Company's former President and CEO was the CODM. Following his departure on March 6, 2026, the Board of Directors established the Office of the Chairman, consisting of the Chairman of the Board, Chief Financial Officer (“CFO”), Chief Operating Officer and Chief Legal and Administrative Officer. The Office of the Chairman was the CODM until Domenic J. Dell'Osso, Jr. was named President, CEO and Director on May 28, 2026. Upon his appointment, the Office of the Chairman was discontinued and the Company's CODM transitioned to the CEO.
The CODM evaluates performance and allocates resources based on net income, which is reported on the consolidated statement of operations. The measure of segment assets is reported on the consolidated balance sheets as “total assets”.
The following tables present selected financial information with respect to the Company'sone operating segment (in thousands):
| Three Months Ended September 30, 2026 | Three Months Ended September 30, 2025 | |
|---|---|---|
| Total revenues | $362,474 | $379,745 |
| Significant segment expenses | ||
| Lease operating expenses | 19,954 | 20,793 |
| Taxes other than income | 7,672 | 7,925 |
| Transportation, gathering, processing and compression | 99,269 | 96,390 |
| Depreciation, depletion and amortization | 85,324 | 83,216 |
| General and administrative | 8,869 | 11,835 |
| Interest expense | 17,287 | 13,590 |
| Other segment expenses(1) | 1,338 | 3,193 |
| Income tax expense | 26,361 | 31,410 |
| Total significant segment expenses | 266,074 | 268,352 |
| Net income | $96,400 | $111,393 |
| Capital expenditures(2) | $250,220 | $106,072 |
(1) Other segment expenses include “Accretion expense” and “Other, net” from the consolidated statements of operations.
(2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.
| Nine Months Ended September 30, 2026 | Nine Months Ended September 30, 2025 | |
|---|---|---|
| Total revenues | $1,123,234 | $1,024,395 |
| Significant segment expenses | ||
| Lease operating expenses | 64,241 | 58,704 |
| Taxes other than income | 24,230 | 22,107 |
| Transportation, gathering, processing and compression | 274,462 | 265,768 |
| Depreciation, depletion and amortization | 233,807 | 222,481 |
| General and administrative | 29,238 | 31,762 |
| Interest expense | 48,465 | 40,677 |
| Other segment expenses(1) | 4,407 | 4,597 |
| Income tax expense | 95,060 | 82,904 |
| Total significant segment expenses | 773,910 | 729,000 |
| Net income | $349,324 | $295,395 |
| Capital expenditures(2) | $617,653 | $415,639 |
(1) Other segment expenses include “Accretion expense” and “Other, net” from the consolidated statements of operations.
(2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.