Gulfport energy corp (GPOR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Net gain (loss) on natural gas, oil and NGL derivatives

208,360

-123,479

213,679

-174,506

203,513

109,299

-

-

-

-

-

Other (expense) income

-

-

-

-

-

-

528

325

301

285

392

Total revenues

1,346,008

1,355,044

1,320,303

385,910

708,990

670,762

262,753

248,926

229,254

127,921

85,968

Costs and expenses:
Lease operating expenses

82,998

91,640

80,246

68,877

69,475

52,191

26,703

24,308

20,897

17,614

16,316

Production taxes

28,571

33,480

21,126

13,276

14,740

24,006

26,933

28,957

26,054

13,966

9,797

Depreciation, depletion and amortization

550,108

486,664

364,629

245,974

337,694

265,431

118,880

90,749

62,320

38,907

29,225

Impairment of oil and natural gas properties

2,039,770

0

0

715,495

1,440,418

0

0

-

-

-

-

General and administrative expenses

47,979

49,994

45,523

43,409

41,967

38,290

22,519

13,808

8,074

6,063

4,992

Restructuring costs

4,611

0

0

-

-

-

-

-

-

-

-

Accretion expense

3,939

4,119

1,611

1,057

820

761

717

698

666

617

582

Business Combination, Acquisition Related Costs

0

0

2,392

0

0

-

-

-

-

-

-

Total costs and expenses

3,049,701

956,085

764,522

1,254,060

2,043,704

445,135

207,290

151,663

118,290

77,167

60,912

Gain on sale of assets

-

-

-

-

-

11

-508

7,300

0

0

-

(LOSS) INCOME FROM OPERATIONS

-1,703,693

398,959

555,781

-868,150

-1,334,714

225,627

55,463

97,263

110,964

50,754

25,056

OTHER EXPENSE (INCOME):
Interest expense

141,786

141,912

115,613

63,530

51,221

23,986

17,490

7,458

1,400

2,761

2,309

Interest income

801

314

1,009

1,230

643

195

297

72

186

387

564

Litigation settlement

-

-

-

0

-

25,500

0

0

-

-

-

Insurance proceeds

-

-

-

5,700

10,015

0

0

-

-

-

-1,050

Gain on debt extinguishment

48,630

0

0

-23,776

0

0

-

-

-

-

-

Equity Method Investment, Realized Gain (Loss) on Disposal

0

124,768

12,523

3,391

-

-

-

-

-

-

-

Gain on contribution of investments

-

-

-

-

-

84,470

0

0

-

-

-

Loss (income) from equity method investments, net

-210,148

49,904

-17,780

-37,376

-106,093

139,434

213,058

8,322

-1,418

-977

-706

Other expense (income)

-3,725

-1,542

1,041

-129

485

504

-

-

-

-

-

Total other (income) expense

-306,228

31,532

-118,820

-114,472

-146,171

175,117

195,865

936

-2,632

-3,351

-1,401

LOSS BEFORE INCOME TAXES

-2,009,921

430,491

436,961

-982,622

-1,480,885

400,744

251,328

98,199

108,332

47,403

23,655

INCOME TAX EXPENSE

-7,563

-69

1,809

-2,913

-256,001

153,341

98,136

26,363

-90

40

28

INCOME FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

71,836

108,422

47,363

-

Loss on disposal of Belize properties, net of tax

-

-

-

-

-

-

-

-3,465

0

0

-

Net Income (Loss) Attributable to Parent

-2,002,358

430,560

435,152

-979,709

-1,224,884

247,403

153,192

68,371

108,422

47,363

23,627

Earnings Per Share [Abstract]
Basic net income from continuing operations per share (usd per share)

-

-

-

-

-

-

-

1.28

2.22

1.08

-

Basic net income from discontinued operations, net of tax, per share

-

-

-

-

-

-

-

-0.06

0.00

0.00

-

Basic (in usd per share)

-12.49

2.46

2.42

-7.97

-12.27

2.90

1.98

1.22

2.22

1.08

0.55

Diluted net income from continuing operations per share (usd per share)

-

-

-

-

-

-

-

1.27

2.20

1.07

-

Diluted net income from discontinued operations, net of tax, per share

-

-

-

-

-

-

-

-0.06

0.00

0.00

-

Diluted (in usd per share)

-12.49

2.45

2.41

-7.97

-12.27

2.88

1.97

1.21

2.20

1.07

0.55

Weighted average common shares outstanding - Basic (in shares)

160,341

174,675

179,834

122,952

99,792

85,445

77,375

55,933

48,754

43,863

42,667

Weighted average common shares outstanding - Diluted (in shares)

160,341

175,398

180,253

122,952

99,792

85,813

77,861

56,417

49,206

44,256

43,017

Natural gas sales
Revenue from contract with customer

918,263

1,121,815

845,999

420,128

324,733

226,126

21,015

3,225

3,838

3,468

1,992

Oil and condensate sales
Revenue from contract with customer

117,937

177,793

124,568

81,173

122,615

241,210

224,129

242,708

222,025

121,350

81,587

Natural gas liquid sales
Revenue from contract with customer

101,448

178,915

136,057

59,115

58,129

94,127

17,081

2,668

3,090

2,818

1,997

Oil and Gas Service
Midstream gathering and processing expenses

291,725

290,188

248,995

165,972

138,590

64,467

11,030

443

279

-

-