Gulfport Energy(TSXV:N/A)

Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition, and production of natural gas, crude oil, and NGL in the United States, primarily in the Appalachia and Anadarko basins.

Investor website: https://www.gulfportenergy.com/

About

Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition, and production of natural gas, crude oil, and NGL in the United States, primarily in the Appalachia and Anadarko basins. The company aims to develop its assets safely and responsibly while generating sustainable cash flow, improving margins, and returning capital to shareholders. Gulfport allocates capital to high-return projects and employs leading drilling and completion techniques.

Verified company data

Cash position
$806 M
Shares outstanding
17970000
Fully diluted shares
Not Available
Mineral resource
An Independent E&P Company Based in Oklahoma City About Gulfport Energy Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in Eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. Our strategy is to develop our assets in a safe, environmentally responsible manner, while generating sustainable cash flow, improving margins and operating efficiencies and returning capital to shareholders. To accomplish these goals, we allocate capital to projects we believe offer the highest rate of return and we deploy leading drilling and completion techniques and technologies in our development efforts. 1.04 Bcfepd Production during 2025 4.3 Net Tcfe Net proved reserves year-end 2025 Leadership Gulfport Energy’s core management and technical teams are comprised of proven oil and gas professionals, with experience and expertise in multiple regions of the United States. Successful organizations begin with great leadership. Our leaders take an active role in shaping Gulfport’s strategy, culture and values. Leaders set the pace for their teams. At Gulfport, effective leadership inspires in others a willingness to drive innovation, take on challenges and remain focused on the job at hand Utica Shale Operations Overview The Utica covers hydrocarbon-bearing rock formations located in the Appalachian Basin of the United States and Canada. We have approximately 208,000 net reservoir acres located primarily in Belmont, Harrison, Jefferson and Monroe Counties in eastern Ohio where the Utica ranges in thickness from 600 to over 750 feet. The Marcellus covers hydrocarbon-bearing rock formations that overlay the Utica. We have identified approximately 20,500 net reservoir acres of our existing leasehold for Marcellus development. Our Marcellus development area is approximately 3,500 to 4,500 feet shallower than the Utica. During 2024, we produced approximately 842 MMcfe per day net to our interests in Utica/Marcellus and it accounted for approximately 80% of our total production. By the Numbers: ~3.3 Net Tcfe Year-end 2025 net proved reserves ~258,000 Net Reservoir Acres Focused within the core of the Utica Shale and Marcellus 2 Rigs Currently running two gross operated rigs ~915 MMcfepd Production during the fourth quarter of 2025 SCOOP Operations Overview The SCOOP is a defined area that encompasses many of the top hydrocarbon producing counties in Oklahoma within the Anadarko Basin. The SCOOP play mainly targets the Devonian to Mississippian aged Woodford, Sycamore and Springer formations. We have approximately 73,000 net reservoir acres (comprised of approximately 43,000 in the Woodford formation and approximately 30,000 in the Springer formation) located primarily in Garvin, Grady and Stephens Counties. The Woodford Shale across our position ranges in thickness from 200 to over 400 feet and directly overlies the Hunton Limestone and underlies the Sycamore formation, both of which are also locally productive reservoirs. The Sycamore formation consists of hydrocarbon-bearing interbedded shales and siliceous limestones ranging in thickness from 150 to over 450 feet and is overlain by the Caney Shale. The Springer formation across our position is comprised of a series of lenticular sand and shale units. The primary targets are a series of porous, low clay and organic-rich packages within the Goddard Shale member ranging in thickness from 50 to over 250 feet. During 2024, we produced approximately 212 MMcfe per day net to our interests in the SCOOP and it accounted for approximately 20% of our total production. By The Numbers 0.9 Net Tcfe Year-end 2025 net proved reserves ~74,000 Net Reservoir Acres 1 Rig Currently running one gross operated rig ~183 MMcfepd Production during the fourth quarter of 2025 Check and Leasing Information Overview Lease Records The Lease Records Department maintains land records and monitors payment of bonuses, damage settlements, delay rentals and minimum royalty payments through entering in to the company’s data base system, tracking and updating legal descriptions, remarks, special obligations, well references, tracts and leasehold ownership information. This information is necessary to provide reporting and analysis functions. Division Orders When a well begins producing oil or gas, the ownership for each owner of an interest in the well is determined. A division order is an instrument between the payor of production proceeds and the owner of an interest in a property. The division order will furnish: Property name Property number Description of the property Decimal interest owned in the property Gulfport Energy Corporation’s division order is based on the Model Form Division Order, which was developed by the National Association of Division Order Analysts and was designed to meet the requirements of all the states where we operate. Owner Numbers & Property Numbers Gulfport Energy Corporation issues thousands of checks each month. In order to manage all the owners in our system, a unique owner number is assigned to each owner. The owner number will appear on all correspondence, division orders and checks from Gulfport Energy Corporation. Each well is also given a property number. This number will also be reflected on correspondence, payment details, checks and division orders sent by Gulfport Energy Corporation. So that we may better assist you, please include your owner number and property number in any correspondence addressed to the company. Calculation of Interest The net interest held by each owner is shown on the division order Gulfport Energy Corporation prepares. This decimal interest is determined by dividing the net acres the owner owns within the unit by the total number of unit acres and then multiplying that number by the royalty rate stated in the lease. Payment Calculations Payments made to an owner are determined by the owner’s decimal interest in the well, the amount or volume of production and the price paid for the production. The volume of production multiplied by the price paid for production determines the gross amount received from the sale of production. The total gross sales proceeds are then multiplied by each individual owner’s decimal interest in the well. Additionally, the gross amount paid to an owner may be reduced by a state or federal taxes and other third party cost deductions depending on each individual owner’s lease agreement. The price for production sold each month may fluctuate due to market conditions. For instance, during 2005 the price paid for natural gas rose dramatically after Hurricane Katrina disrupted production in the Gulf of Mexico. Prices paid for production at that time were some of the highest ever received. Market conditions such as these can increase (or decrease) the amounts paid to owners of interests in wells from month to month. These same conditions have similarly influenced crude oil prices. Therefore, please realize that there are several different events or market conditions that may affect the prices received from the sale of production. If production amounts or sales prices change, the amount of your check will be affected accordingly. Ownership Changes During the life of a well or lease, there may be a need to update ownership records. This could be due to several types of transactions or occurrences, such as sale of the property or mineral interests therein or the death of an owner. In order for Gulfport Energy Corporation to update our records to reflect such changes in ownership, the company must be provided with the appropriate instrument reflecting the change in ownership that has been recorded in the real property records of the county or parish in which the well is located. Retroactive Adjustments to Payments Occasionally we have to make retroactive adjustments for prior months’ payments. If Gulfport Energy Corporation has to make such an adjustment, it will impact the amount of your check. While we certainly try to avoid these types of adjustments, many of the causes are outside of our control. We regret if this happens and will provide an explanation of the adjustment upon request. Summary If you have questions we will be glad to help you. You may contact us by e-mail at ownerrelationsgpor@pakenergy.com, or you may call Gulfport Energy Corporation at 1-405-252-4772. For a detailed overview of your revenue check stub, please click here Ownership Change Please submit all changes in writing to the addresses below. Please include your social security number and owner number with all submissions. Remit To: By Mail: Gulfport Energy Corporation Division Orders Department 713 Market Drive Oklahoma City, OK 73114 By Email: Ownerrelationsgpor@pakenergy.com For Name Changes Marriage certificate Divorce decree Any other document affecting name change For Interest Owner Passed (with a will) Death certificate Copy of will Copy of order admitting will to probate recorded to the proper deed records office Letters testamentary or administration Evidence that debts and taxes have been paid Copy of Trust document if one was created through will For Interest Owner Passed (without a will) Death certificate Evidence of debt and taxes being paid For Conveyance of Interest Copy of recorded deed wherein you conveyed and/or received your ownership interest in property to another party How to Place Interest into a Trust Provide Memorandum of Trust, including complete Trust documents Recorded conveyance document from the current owner of record into the Trust Tax identification, address, telephone number for the Trust Check Revenue Stub Check Revenue Stub Form 2025 Corporate Sustainability Report Gulfport Energy Corporation is a returns-oriented, gas-weighted, exploration and development company committed to investing in the economic and social well-being of the communities where we operate. Our business success correlates with the well-being of the communities where we do business and we embrace our responsibility to advance the quality of life in the regions. Gulfport operates in two of the premier gas-weighted plays in the United States – the Appalachia, targeting the Utica and Marcellus formations, and the Anadarko basin, targeting the SCOOP Woodford and Springer formations. Gulfport is proud to play its part in the responsible and efficient development of domestic natural gas which is critical to our country’s economic success as it provides the primary fuel for efficient power generation in the United States. We strive to reduce our environmental impact, to invest in our people and communities and to prioritize our dedication to environmental stewardship in everything we do.
Projects
["The Utica covers hydrocarbon-bearing rock formations located in the Appalachian Basin of the United States and Canada. We have approximately 208,000 net reservoir acres located primarily in Belmont, Harrison, Jefferson and Monroe Counties in eastern Ohio where the Utica ranges in thickness from 600 to over 750 feet. The Marcellus covers hydrocarbon-bearing rock formations that overlay the Utica. We have identified approximately 20,500 net reservoir acres of our existing leasehold for Marcellus development. Our Marcellus development area is approximately 3,500 to 4,500 feet shallower than the Utica. During 2024, we produced approximately 842 MMcfe per day net to our interests in Utica/Marcellus and it accounted for approximately 80% of our total production.","The SCOOP is a defined area that encompasses many of the top hydrocarbon producing counties in Oklahoma within the Anadarko Basin. The SCOOP play mainly targets the Devonian to Mississippian aged Woodford, Sycamore and Springer formations. We have approximately 73,000 net reservoir acres (comprised of approximately 43,000 in the Woodford formation and approximately 30,000 in the Springer formation) located primarily in Garvin, Grady and Stephens Counties. The Woodford Shale across our position ranges in thickness from 200 to over 400 feet and directly overlies the Hunton Limestone and underlies the Sycamore formation, both of which are also locally productive reservoirs. The Sycamore formation consists of hydrocarbon-bearing interbedded shales and siliceous limestones ranging in thickness from 150 to over 450 feet and is overlain by the Caney Shale. The Springer formation across our position is comprised of a series of lenticular sand and shale units. The primary targets are a series of porous, low clay and organic-rich packages within the Goddard Shale member ranging in thickness from 50 to over 250 feet. During 2024, we produced approximately 212 MMcfe per day net to our interests in the SCOOP and it accounted for approximately 20% of our total production."]
Leadership
Michael Hodges (Executive Vice President and Chief Financial Officer, Joined Gulfport in April 2023, previously served as Senior Vice President, Finance and Accounting at Leon Capital Group and CFO for Montage Resources Corporation.), Patrick K. Craine (Executive Vice President and Chief Legal and Administrative Officer, Joined Gulfport in May 2019, has over 25 years of experience in securities, corporate, regulatory, governance, compliance and litigation matters, particularly in the energy industry.), Matthew Rucker (Executive Vice President and Chief Operating Officer, Joined Gulfport in March 2023, previously served as Senior Vice President of Operations and has extensive experience in leadership and engineering roles in the energy sector.), Bradley Secrist (Senior Vice President, Land, Joined Gulfport in July 2023, has over a decade of experience in land management and legal practice.), Michael Sluiter (Senior Vice President, Reservoir Engineering, Joined Gulfport in December 2018, has over 18 years of experience in unconventional resource development and reservoir engineering.)

Verified data last updated: 2026-05-15

Recent filings

Investor FAQ