Company Quick10K Filing
Gulfport Energy
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 162 $782
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-02 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-02-15 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-19 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-03-01 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-14 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-12 Annual: 2009-12-31
8-K 2020-02-06 Officers
8-K 2020-01-01 Officers
8-K 2019-12-17 Leave Agreement
8-K 2019-11-25 Other Events
8-K 2019-11-16 Officers
8-K 2019-11-16 Officers, Other Events, Exhibits
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-10-16
8-K 2019-08-21 Officers
8-K 2019-08-06 Officers, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-06-03 Enter Agreement, Off-BS Arrangement, Shareholder Vote, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-01-17 Earnings, Exhibits
8-K 2018-12-18 Officers, Regulation FD, Exhibits
8-K 2018-11-28 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-07-10 Enter Agreement
8-K 2018-05-30 Shareholder Vote
8-K 2018-05-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-08 Earnings, Exhibits
8-K 2018-03-19 Officers, Regulation FD, Exhibits
8-K 2018-02-21 Earnings, Exhibits
8-K 2018-01-02 Officers, Regulation FD, Exhibits

Gulfport Energy Financials

GPOR Metrics, Comps, Filings

Annual | Quarterly

Business

We are an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, crude oil and natural gas liquids, or NGLs, in the United States. Our corporate strategy is to internally identify prospects, acquire lands encompassing those prospects and evaluate those prospects using subsurface geology and geophysical data and exploratory drilling. Using this strategy, we have developed an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on high potential conventional and unconventional oil and natural gas prospects. Our principal properties are located in the Utica Shale primarily in Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma. In addition, among other interests, we hold an acreage position along the Louisiana Gulf Coast in the West Cote Blanche Bay, or WCBB, and Hackberry fields, an acreage position in the Alberta oil sands in Canada through our interest in Grizzly Oil Sands ULC, or Grizzly, and an approximate 21.9% equity interest in Mammoth Energy Services, Inc., or Mammoth Energy, a company listed on the Nasdaq Global Select Market (TUSK) that serves the electric utility and oil and natural gas industries. We seek to achieve reserve growth and increase our cash flow through our annual drilling programs.

As of February 15, 2019, we held leasehold interests in approximately 241,000 gross (210,000 net) acres in the Utica Shale primarily in Eastern Ohio. In 2018, we spud 23 gross (19.5 net) wells, of which three were completed as producing wells and, as of December 31, 2018, 20 were in various stages of completion. We commenced sales from 35 gross and net wells in the Utica Shale during 2018. During 2019 (through February 15, 2019), we spud five gross (3.7 net) wells. As of February 15, 2019, three of these wells were in various stages of completion and the other two were still drilling. In addition, other operators drilled 28 gross (4.4 net) wells and commenced sales from 32 gross (9.4 net) wells on our Utica Shale acreage in 2018.

We currently intend to drill 13 to 15 gross (10 to 11 net) horizontal wells, and commence sales from 47 to 51 gross (40 to 45 net) horizontal wells on our Utica Shale acreage in 2019. We currently anticipate two to three net horizontal wells will be drilled, and sales commenced from two to three net horizontal wells, by other operators on our Utica Shale acreage in 2019.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Rowan Companies (RDC) 1,093 0% 17.6 -4% 8,118 3,083 825 0 -347 146 2,577
California Resources (CRC) 984 0% 6.6 6% 7,032 7,440 2,829 0 434 931 6,117
Pacific Drilling (PACD) 975 0% 149.2 -1% 2,748 1,129 28 0 -27 11 1,626
Seadrill (SDRL) 948 0% 10,848 7,775 0 0 0 0 6,031
Nabors (NBR) 942 36% -15.5 -8% 7,515 4,644 3,143 1,117 -570 -268 4,152
Talos Energy (TALO) 912 0% 2.1 12% 2,592 1,594 1,007 0 305 735 1,534
Carrizo Oil & Gas (CRZO) 891 0% 3.5 17% 3,635 2,219 771 0 600 746 2,620
Berry Petroleum (BRY) 846 0% 3.6 10% 1,657 704 735 0 167 344 1,251
Geopark (GPRK) 832 0% 863 720 0 0 0 0 832
Gulfport Energy (GPOR) 782 25% 3.0 8% 6,465 2,858 1,556 387 526 981 2,961
Extraction Oil & Gas (XOG) 737 0% 3.1 3% 4,253 2,339 1,014 0 114 732 2,266
Northern Oil & Gas (NOG) 736 88% 6.3 12% 1,494 1,105 725 635 175 252 1,595
Gran Tierra Energy (GTE) 658 0% 8.9 5% 2,032 985 311 0 105 134 1,200
Nextdecade (NEXT) 654 -15.8 -25% 165 20 0 0 -41 -41 649
Dorchester Minerals (DMLP) 631 64% 9.4 42% 128 5 76 49 54 65 610
W&T Offshore (WTI) 620 0% 5.9 20% 868 1,203 548 0 174 203 1,189
Laredo Petroleum (LPI) 603 0% 2.3 14% 2,620 1,276 921 0 369 681 1,582
Denbury Resources (DNR) 566 0% 3.8 8% 4,732 3,461 1,380 0 374 793 3,009
Comstock Resources (CRK) 548 0% 4.3 7% 2,283 1,677 487 0 155 416 1,768
Unit (UNT) 479 -4% 7.3 -2% 2,794 1,404 790 -29 -67 170 1,239

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash9416701420210052
Accounts Receivable282659104-037182210
Inventory
PP&E4699542,4883,941-11,9345,1025,479
Assets6911,578153,632-3684935,8086,051
Accounts Payable
Long-Term Debt23023027029521,6212,0742,118
Liabilities59452-211,336-3274662,7062,723
Stockholders' Equity6321,1261912,296-412,1843,1023,328
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue229249-1669-23821,3201,355
Cost of Revenue
Gross Profit
R&D
SG&A81422380-05357
Tax-02632416-202-0
Net Income108681247115-980435431
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating15819983880336680752
Cash Investing-323-84134-1,10814-906-2,289-643
Cash Financing2577150410-141,731433-157