Gulfport energy corp (GPOR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-517,538

-1,814,754

-484,802

234,956

62,242

134,001

95,150

111,319

90,090

156,526

18,235

105,936

154,455

-240,370

-157,296

-339,776

-242,267

-830,869

-388,209

-31,325

25,519

110,073

6,920

47,852

82,558

24,278

40,527

43,828

44,559

15,883

502

25,117

26,869

30,974

29,009

27,265

21,174

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Asset Retirement Obligation, Accretion Expense

-

-

-

-

-

1,063

1,037

1,015

1,004

463

456

410

282

280

269

261

247

226

212

192

190

192

192

189

188

188

180

174

175

169

176

177

176

175

168

164

159

Depreciation, Depletion and Amortization

78,028

143,454

163,270

124,951

118,433

133,816

119,915

121,915

111,018

109,742

106,650

82,246

65,991

62,560

62,285

55,652

65,477

86,301

90,329

71,155

89,909

80,151

72,409

55,994

56,877

37,066

30,691

28,540

22,583

20,325

25,377

23,652

21,395

21,714

14,736

13,712

12,158

Impairment of Oil and Gas Properties

553,345

-

-

-

0

-

-

-

-

-

-

-

-

113,689

212,194

170,621

218,991

845,642

594,776

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

-

-

-

-

-

1,007

2,168

2,013

1,611

1,576

1,653

1,608

1,532

1,621

1,794

1,931

2,005

2,282

2,293

1,964

2,077

2,169

2,148

2,015

2,584

3,526

968

902

901

757

694

681

681

270

230

195

77

Loss (income) from equity method investments, net

-10,789

-45,757

-43,083

-125,581

4,132

14,585

12,718

8,827

13,495

15,505

-2,833

-26,035

-5,150

-11,800

5,744

-836

-30,896

-49,058

-61,891

-14,930

12,759

-24,133

-34,953

69,569

43,688

50,449

51,152

49,903

61,210

10,115

-1,165

-360

-268

-512

52

-642

-316

Gain on debt extinguishment

15,322

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on derivative instruments

98,266

-12,195

-55,164

172,634

-20,045

41,322

-4,125

-76,845

-25,403

59,110

-36,975

59,871

106,796

-139,290

22,357

-198,685

-7,685

24,798

62,182

-34,633

31,324

98,099

29,482

2,232

-8,665

-16,878

-6,665

5,525

-171

-44

-179

345

-266

-

-

-

-

Cash receipts (payments) on settled derivative instruments

70,733

-

-

-

-24,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income - note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

13

12

13

13

13

0

0

-

-

-

-

30

41

40

36

Deferred income tax expense

7,290

315,815

-144,047

-179,331

0

1,277

0

0

-69

1,690

0

0

0

977

17,559

-157

-191

-35,155

-216,603

-17,214

14,479

84,351

-16,984

21,986

33,564

7,844

23,398

25,514

28,195

8,606

15,514

0

0

-

-

-

-

Other, net

3,223

-

-

-

5,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of loan costs

-

-

-

-

-

1,567

1,548

1,518

1,488

1,463

1,260

1,200

1,088

748

991

975

946

932

871

799

617

592

456

343

294

262

245

251

254

235

153

140

112

157

142

131

110

Gain on sale of equity investments and other assets

-

-

-

-

-

0

2,733

122,035

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of note discount and premium

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-581

-572

-563

-554

-546

-537

-528

-520

-171

80

78

77

76

73

72

59

0

0

0

-

-

-

-

Distributions from equity method investments

-

-

-

-

-

1,228

1,978

0

0

0

-1,429

798

631

-14,220

9,562

4,520

138

153

149

3,795

817

-476

476

0

0

1,073

-698

713

188

110

510

0

200

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Changes in operating assets and liabilities:
Decrease in accounts receivable—oil and natural gas sales

-47,111

8,553

-19,018

-13,321

-65,204

52,809

17,182

1,352

-7,916

15,823

16,724

-18,061

21,393

20,353

36,326

12,961

6,629

5,601

-20,350

6,941

-24,178

-35,733

32,136

20,687

27,944

11,151

16,875

8,775

-3,592

795

1,551

-6,468

1,718

6,001

2,146

-499

5,419

Decrease (increase) in accounts receivable—joint interest and other

-6,001

6,648

-5,318

22,065

2,083

-15,220

-14,108

-6,981

23,366

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accounts receivable—related parties

-

-

-

-

-

-

-

-

-

-362

177

146

23

-80

73

6

1

-133

59

57

-13

-107

26

-443

-2,047

-27,180

-7,026

-239

2,214

23,933

-16,267

21,988

463

2,252

-7,079

8,825

160

Decrease (increase) in prepaid expenses and other current assets

-

-

-

-

-

865

-956

3,134

2,652

-754

1,387

-7,222

8,366

-3,101

2,958

5,027

-1,150

-12,251

988

-609

12,063

136

3

223

771

-2,053

1,995

1,204

-71

-1,282

-348

1,752

57

-282

-314

809

-618

(Increase) decrease in other assets

-

-

-

-

-

-2,838

-2,745

1,531

-14

2,201

1,240

412

4,013

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in accounts payable and accrued liabilities

-7,637

-28,115

96,127

-88,926

1,366

-27,041

8,625

698

27,486

-4,960

57,950

-1,353

54,738

15,498

33,677

-11,492

6,080

-12,759

-5,918

-28,232

-290

-28,065

48,002

10,582

43,406

-1,523

27,744

4,451

-1,362

22,489

7,556

-1,970

22,431

-9,515

7,657

4,179

-709

Other, net

6,919

-

-

-

1,982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of asset retirement obligation

-

-

-

-

-

0

0

-620

-99

-

-

-

-

-3,234

-883

-20

-52

-1

0

-139

-981

-2,229

-1,875

-1,402

-1,695

-1,658

0

-27

-780

-1,269

0

-471

-531

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

130,838

106,638

308,366

69,224

239,765

155,474

219,753

184,695

226,349

188,156

205,080

144,008

142,645

92,568

102,551

58,950

83,774

87,088

96,217

39,837

99,037

123,974

84,390

45,359

156,150

50,035

67,485

38,538

35,007

33,282

66,379

30,068

69,429

36,092

56,645

37,113

28,288

Cash flows from investing activities:
Acquisitions of oil and natural gas properties

-

-

-

-

-

-

-

-

-

9,201

234

258

1,338,964

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to oil and natural gas properties

113,744

73,522

229,000

176,144

241,391

121,979

197,370

276,935

302,799

274,935

328,978

278,931

181,834

283,797

183,906

105,929

151,293

205,837

474,653

671,734

226,905

288,670

367,640

252,536

420,431

199,913

180,036

107,745

320,489

488,015

118,524

65,875

84,778

85,128

93,796

75,083

33,285

Proceeds from sale of oil and natural gas properties

44,383

37,663

10,119

693

52

294

1,058

3,762

0

787

349

125

3,605

4,278

39,922

982

630

9,806

16,513

365

1,314

206

4,198

0

0

-

-

-

-

-

-

-

-

0

0

0

1,384

Deductions to cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

0

0

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to other property and equipment

539

327

396

450

3,848

736

882

2,923

3,329

3,084

5,643

5,201

5,444

13,021

6,721

8,227

5,183

5,363

4,055

3,522

632

3,093

2,178

757

1,002

820

1,147

93

262

39

96

421

82

278

45

79

13

Proceeds from sale of other property and equipment

91

63

74

74

56

134

50

91

76

911

658

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

140

-

-

-

-

Repayments on note receivable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1,862

1,319

Contributions to equity method investments

0

0

0

0

432

1

749

0

1,569

10,436

20,693

13,478

10,673

7,962

1,820

14,869

1,821

635

5,570

2,174

6,093

2,249

22,588

15,475

23,687

12,078

12,976

9,307

12,653

28,332

17,111

25,985

75,879

-

-

-

-

Distributions from equity method investments

-

-

-

-

-

0

-750

446

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funding of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

8

-8

0

0

-8

0

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-69,809

-36,123

-219,203

-173,882

-245,563

-122,288

-194,121

-53,594

-306,871

-292,688

-351,856

-296,945

-1,532,679

-300,325

-139,213

-123,515

-157,529

-201,876

-392,611

-748,275

-231,491

-232,610

-279,287

-179,648

-445,112

-93,432

-186,299

-51,313

-333,216

-452,686

-133,627

-93,867

-160,399

-93,043

-102,778

-88,421

-39,006

Cash flows from financing activities:
Principal payments on borrowings

180,106

327,197

205,150

195,199

150,151

55,147

15,143

150,140

145

-

-

-

-

86,000

0

0

1,685

42

42

300,043

50,045

564

115,041

43

42

38

38

36

37

146,536

37

12,033

33

13,034

30,035

34

54,531

Borrowings on line of credit

125,000

312,000

185,000

305,000

150,000

40,000

0

25,000

200,000

0

155,000

170,000

40,000

86,000

0

0

0

0

0

135,000

115,000

-

-

-

-

-

-

-

-

5,500

73,000

70,000

10,000

13,000

0

30,000

5,000

Proceeds from bond issuance

-

-

-

-

-

-

-

-

-

447,049

0

253

2,698

1,233,501

4,537

6,921

5,041

350,000

0

0

0

203,000

75,000

40,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of senior notes

10,204

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and loan commitment fees

-

-

-

-

-

59

148

344

280

6,089

372

2,156

5,733

24,477

36

89

116

307

643

7,637

101

1,378

5,478

790

185

530

67

184

502

8,678

48

448

1

-

-

-

-

Payments for repurchases of stock under approved stock repurchase program

0

-1

89

2,388

28,212

90,254

5,000

5,000

99,997

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-146

-

-

-

-140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock, net of offering costs and exercise of stock options

-

-

-

-

-

-

-

-

-

0

0

-43

-5,321

698,844

0

-207

411,918

-

-

-

-

35

6

33

615

407,455

0

1,400

357,640

427,091

0

0

0

128,478

94,251

-182

84,607

Net cash used in financing activities

-65,456

-74,579

-99,816

107,439

-28,503

-105,460

-20,291

-130,484

99,578

78,818

154,492

168,007

31,644

1,304,356

4,501

6,625

415,158

-349

-983

1,159,186

64,854

98,093

272,487

39,200

388

406,887

-105

1,180

357,101

574,212

72,915

57,519

9,966

128,137

64,166

29,160

35,076

Net decrease in cash, cash equivalents and restricted cash

-4,427

-4,064

-10,653

2,781

-34,301

-72,274

5,341

617

19,056

-25,714

7,716

15,070

-1,358,390

1,096,599

-32,161

-57,940

341,403

-115,137

-297,377

450,748

-67,600

-10,543

77,590

-95,089

-288,574

363,490

-118,919

-11,595

58,892

154,808

5,667

-6,280

-81,004

71,186

18,033

-22,148

24,358

Supplemental disclosure of cash flow information:
Interest payments

14,034

57,392

17,800

52,206

15,266

57,950

15,130

51,971

7,944

56,722

2,708

47,771

347

33,773

167

34,946

80

-

19

23,936

240

-

192

11,720

18

11,662

24

12,559

35

520

704

232

5

79

134

103

675

Income tax payments

0

0

0

0

-1,794

-

0

0

0

-1,105

0

0

0

-19,770

0

0

0

-13,597

0

3

29,750

0

7,100

3,700

13,000

10

2,001

0

750

6

0

75

180

-

-

-

-

Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation

934

2,487

1,061

1,138

1,114

638

1,446

1,342

1,074

1,005

1,102

1,072

1,021

1,080

1,195

1,289

1,336

1,521

1,528

1,294

1,400

1,445

1,433

1,343

1,723

2,350

647

600

601

504

463

454

454

180

154

130

51

Asset retirement obligation capitalized

381

37

616

4,278

1,952

358

559

153

382

30,713

2,052

2,726

6,779

-

-

-

1,914

3,064

1,659

2,493

1,584

3,582

2,100

1,744

1,869

1,785

577

524

670

484

535

578

598

451

490

275

174

Asset Retirement Obligation, Removed Due To Divestiture

2,033

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest capitalized

187

590

1,011

1,005

766

514

1,605

1,508

843

717

2,054

3,577

3,122

228

5,213

1,845

1,862

1,539

3,642

4,705

3,694

81

3,361

3,927

2,318

-1,881

3,516

2,868

2,629

0

0

0

0

-

-

-

-

Fair value of contingent consideration asset on date of divestiture

23,090

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation (loss) gain on equity method investments

-15,030

3,846

-2,064

3,610

3,801

-9,672

3,052

-3,364

-5,503

-200

6,832

4,514

1,373

-3,669

-1,237

-684

9,058

-5,227

-11,538

3,247

-14,984

-6,896

-9,536

6,816

-7,278

-6,437

3,894

-6,113

-3,567

-2,039

5,320

-2,865

939

-

-

-

-

Foreign currency translation gain (loss) on investment in Grizzly Oil Sands ULC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,138

232

706

Foreign currency translation (loss) gain on note receivable - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,717

169

463