GULFPORT ENERGY CORP (GPOR) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Energy
Crude Petroleum & Natural GasSEC EDGAR

GULFPORT ENERGY CORP (GPOR) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

GULFPORT ENERGY CORP FY2025 10-K Analysis

Business Overview

  • Core business: Independent natural gas-weighted exploration and production in Appalachia and Anadarko basins
  • New emphasis on Marcellus development with first four well pad drilled, completed, and producing in 2025
  • Strategic focus on sustainable free cash flow and capital returns via share repurchase program with $579.6M remaining in 2026
  • Proved reserves at 4.3 Tcfe with PV-10 of $3.6 billion as of Dec 31, 2025
  • 2026 capital expenditure plan $400M-$430M targeting ~1.030-1.055 Bcfe/day production and 26 new horizontal wells planned

Management Discussion & Analysis

  • Revenue $1,323.5M, up 43% YoY from $928.6M; natural gas sales $1,056.4M up 48%, oil $133.6M up 32%, NGL $133.5M up 18%
  • Operating margin data not explicitly stated; net income $427.8M vs net loss $261.4M YoY; effective tax rate 21.26% vs 17.66%
  • Best segment: Natural gas sales $1,056.4M (+48%); worst segment: SCOOP production decline (197 MMcfe/day vs 212 MMcfe/day)
  • Cash flow from operations $803.2M; share repurchases $336.3M for 1.8M shares; capex guidance $400‑430M for 2026; redeemed $31.3M preferred stock
  • 2026 outlook: Expect volatile natural gas prices; hedged ~52% production at $3.74/Mcf floor; focus on cost reduction, margin improvement, disciplined capital allocation

Risk Factors

  • Concentrated stock ownership with single investor holding significant equity, potentially influencing corporate control and blocking third-party acquisitions
  • Risk of future dilution from unrestricted issuance of common stock and convertible securities impacting share price and earnings per share
  • Court of Chancery of Delaware as exclusive forum for stockholder litigation, possibly limiting favorable judicial recourse for investors
  • No specific regulatory or legal risk, geopolitical threat, operational/supply chain, or named competitor risk disclosed in this section

GULFPORT ENERGY CORP FY2025 Key Financial Metrics
XBRL

Revenue

$1.4B

+48.5% YoY

Net Income

$428M

+263.7% YoY

Operating Margin

42.2%

+6692bp YoY

Net Margin

30.1%

+5735bp YoY

ROE

23.3%

+3859bp YoY

Total Assets

$3.0B

+5.7% YoY

EPS (Diluted)

$21.48

+245.9% YoY

Operating Cash Flow

$803M

+23.6% YoY

Source: XBRL data from GULFPORT ENERGY CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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