Wall Street expects a year-over-year increase in earnings on lower revenues when Gulfport Energy (GPOR) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 30, 2024, might help the stock move higher if these key numbers are better than ex ...

Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-19514 Gulfport Energy Corporation (Exact name of registrant as specified in its charter) (State or ot ...

Financial Data and Key Metrics Changes - The company reported net cash provided by operating activities before changes in working capital totaling approximately $184 million during Q4 2023, more than doubling capital expenditures and allowing for significant common share repurchases [13] - Adjusted EBITDA for the quarter was $191 million, with adjusted free cash flow of $85 million driven by a strong hedge position and low operating costs [13] - The all-in realized price during Q4 was $3.20 per million cubic feet equivalent (Mcfe), which is $0.33 above the NYMEX Henry Hub Index price, highlighting the benefits of the company's diverse marketing portfolio [55] Business Line Data and Key Metrics Changes - The company drilled and turned to sales 24 gross wells in 2023, including 20 in the Utica, 2 in the Marcellus, and 2 in the SCOOP, achieving over a 60% year-over-year improvement in total footage drilled per day [6][24] - Production for the year averaged 1,054 million cubic feet equivalent per day, roughly 3% above the high-end of initial guidance [5] - The company anticipates production levels in 2024 to be between 1.045 billion to 1.08 billion cubic feet equivalent per day, remaining relatively flat compared to 2023 [11] Market Data and Key Metrics Changes - The natural gas price differential before hedges was negative $0.51 per Mcf compared to the average monthly NYMEX settled price during Q4, slightly tighter than Q3 2023 [55] - The company has locked in over 40% of its 2024 natural gas basis exposure, providing pricing security at major sales points [56] Company Strategy and Development Direction - The company plans to focus on optimizing margins, development program cycle times, and operating costs, projecting total capital spending for 2024 to be in the range of $380 million to $420 million [30] - The company is prioritizing the development of recently acquired Utica acreage, with plans to begin pad construction in late 2024 and commence drilling in early 2025 [29] - The company aims to allocate substantially all of its adjusted free cash flow towards common share repurchases, excluding acquisitions, for the foreseeable future [12][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in generating meaningful adjusted free cash flow in 2024 despite a challenging commodity backdrop, projecting a top decile free cash flow yield relative to natural gas peers [12] - The company remains committed to a disciplined approach for hedging cash flows, with downside protection covering 590 million cubic feet per day in 2024 at an average floor price of $3.69 per Mcf [15][16] - Management highlighted the importance of developing assets efficiently and sustainably, with a focus on capital efficiency and cost reduction [24][30] Other Important Information - The company achieved over $35 million in capital savings during 2023, which were reinvested into the development of high-quality assets [7] - The company has repurchased approximately 4.5 million shares of common stock since initiating the repurchase program in March 2022, reducing common shares outstanding by 15% [17] Q&A Session Summary Question: What are the drivers of the 10% lower capital requirement? - The company noted that approximately 65% of the savings are due to efficiencies, while 35% comes from supply chain improvements and restructuring contracts [59] Question: How does the company view the Marcellus development? - Management expressed excitement about the Marcellus, indicating it could become a larger part of the program depending on pricing and returns [62] Question: What would lead the company to defer production? - The company assesses production on an economic basis, considering commodity prices and potential future upside when deciding on deferrals [49]

Exhibit 99.2 Year ended December 31, 2023 Supplemental Information of Gulfport Energy | Table of Contents: | Page: | | --- | --- | | Production Volumes by Asset Area | 2 | | Production and Pricing | 4 | | Consolidated Statements of Income | 6 | | Consolidated Balance Sheets | 8 | | Consolidated Statement of Cash Flows | 10 | | 2024E Guidance | 12 | | Derivatives | 13 | | Non-GAAP Reconciliations | 14 | | Definitions | 15 | | Adjusted Net Income | 16 | | Adjusted EBITDA | 18 | | Adjusted Free Cash Flow | 20 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-19514 Gulfport Energy Corporation (Exact Name of Registrant As Specified in Its Charter) (State or Other Jurisdiction of I ...

Gulfport Energy Corporation (NYSE:GPOR) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Jessica Antle - Director-Investor Relations John Reinhart - President and Chief Executive Officer Michael Hodges - Executive Vice President and Chief Financial Officer Matt Rucker - Senior Vice President of Operations Conference Call Participants Bertrand Donnes - Truist Securities Timothy Rezvan - KeyBanc Capital Douglas Leggate - Bank of America Chris Baker - Evercore ISI Operator Gree ...

FCF Yield 2024E 2025E 20262 2027 ~$2.1 Billion $3.50 NYMEX & $75 WTI $4.00 NYMEX & $75 WTI 2024E 2025E 20262 2027 2026 – 2028E Cum 5-Year 2026 – 2028E Cum 5-Year ~$2.9 Billion 30% 10% 2024E 2025E • Sustainable free cash generation underpinned by high quality assets GPOR | 7 Normalized Cumulative Production (MMcfe / 1,000' ft of lateral) | --- | --- | --- | |-------|-----------|-----------------| | | | Top 1 | | | | 2 Gulfport | | | | 3 Gulfport | | | | 4 Gulfport | | | | Gulfport 5 | | | | Gulfport 6 | | | ...

Investor Presentation August 2023 This presentation includes "forward-looking statements" for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements regarding Gulfport's current expectations, management's outlook guidance or forecasts of future events, ...

Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of approximately $145 million during the second quarter, with net cash provided by operating activities before changes in working capital totaling approximately $134 million, which funded capital expenditures despite a soft gas macro environment [9][24][47] - The average daily production totaled 1.039 billion cubic feet equivalent per day, exceeding analyst expectations, driven by accelerated well completions and strong performance from the development program [41][67] - The company has reduced its operating unit cost guidance for the full year 2023 to $1.16 to $1.24 per million cubic feet equivalent, an improvement of approximately 4% based on the midpoint of previously issued guidance [6][67] Business Line Data and Key Metrics Changes - The company drilled and rig released eight gross wells during the second quarter, with seven in the Utica, and completed 13 gross wells, including 11 in the Utica and two in the SCOOP [41][63] - The company’s three well Barber Ridge pad in Monroe County continues to outperform historic results, producing in excess of 70 million cubic feet equivalent per day [65] - The average EUR for 1000 feet of lateral in the Utica has improved by over 50% since 2020, while the SCOOP area has seen a 75% improvement in program average EUR per 1000 feet of lateral since 2020 [43][32] Market Data and Key Metrics Changes - The company expects its natural gas basis differential before hedges to average $0.20 to $0.35 below NYMEX for the full year, with current forward prices suggesting a wider differential towards the end of the year [10][33] - The all-in realized price during the second quarter was $2.76 per Mcfe, which is $0.66 above the NYMEX Henry Hub Index price, highlighting the benefits of the company’s diverse marketing portfolio [71] Company Strategy and Development Direction - The company remains focused on disciplined growth, lowering costs, improving operational cycle times, and enhancing returns while maintaining a strong balance sheet [27][69] - The company plans to allocate approximately $40 million from its adjusted free cash flow towards discretionary acreage acquisitions to enhance its high-quality resource depth [28] - The company is committed to returning capital to shareholders through common stock repurchases, having reduced outstanding shares by over 13% since initiating the program [8][13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the volatility in the natural gas macro environment but expressed confidence in the company’s valuation and operational execution capabilities, viewing the current landscape as a significant investment opportunity [14] - The company anticipates accelerating adjusted free cash flow in the second half of the year, driven by improved commodity prices and operational efficiencies [24][72] - Management emphasized the importance of developing assets efficiently and sustainably, focusing on enhancing margins and optimizing efficiencies [69] Other Important Information - The company incurred capital expenditures of $110.6 million related to drilling and completion activity and $18.7 million related to leasehold and land investment during the second quarter [48] - The company’s liquidity remains strong, totaling $732 million, providing flexibility for future development needs [50][73] Q&A Session Summary Question: What should be expected regarding Marcellus de-risking results? - Management indicated that early results are as expected and they are looking to delineate the liquids content to better understand the economic viability and production profiles [76][77] Question: Is the current hedge position satisfactory for 2024? - Management expressed comfort with the existing hedge position for 2024, indicating flexibility to adjust based on market conditions [83] Question: What is the outlook for capital allocation in the SCOOP area? - Management noted plans to allocate more capital to the Oklahoma SCOOP area in 2024, with expectations of returning to a more historic level of development activity [32][84]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-19514 Gulfport Energy Corporation (Exact Name of Registrant As Specified in Its Charter) (State or Other Jurisdiction of Incorp ...