Gulfport Energy Overview Key Highlights Utica and Marcellus NYSE: GPOR YE24 Net Reservoir Acres(6): 228,500 Market Cap : (1) 3.1 Billion YE24 Proved Reserves: 3.0 Net Tcfe Enterprise Value (EV)(2): 3.8 Billion 1Q25 Net Production:…
Focused Strategy and Compelling Valuation High Quality Asset Base Multi-basin portfolio provides diversification and capital allocation optionality Capture value accretion in Utica, Marcellus and SCOOP liquids-rich development and…
Delivering Value For Shareholders Common Stock Repurchase Program Common Stock Repurchases 356 million 644 million Common stock repurchase program authorizes purchases up to 1.0 billion Available under Repurchased as of of Gulfport…
First Quarter 2025 Results Full Year 2025 1Q2025 Guidance Key Highlights Total 929.3 1.04 1.065 Delivered 1Q2025 performance ahead of Company expectations and Net Production Mcfe/day Bcfe/day on track to execute on our previously…
Reaffirm Full Year 2025 Guidance Net Liquids Production Total Net Production Incurred Total Base Capital Reaffirmed Reaffirmed Reaffirmed 18.0 20.5 MBbl/day 1,040 1,065 MMcfe/day 370 395 Million Expect 30%(1) liquids…
Significant Improvement in Operational Efficiencies Ohio Drilling and Completion Efficiencies Average Total Footage per Day Average Frac Pumping Hours 1Q2025 Drilling Highlights 1Q2025 Completion Highlights Best Top Hole days on…
2025 Capital Program and Production Outlook Capital Program Production Reallocating drilling activity in 2H2025 to dry gas Utica development to Anticipate natural gas production to increase by approximately 20% by bolster 2026…
2025 Development Plan Overview Utica Key Highlights 4 Well Pad Extended Utica inventory by 2.5 years through discretionary acreage Spud: 2Q2024 TIL: Late 1Q2025 acquisitions largely within the wet gas area of the play and…
Utica Liquids-Rich Development Providing Strong Results Key Highlights Recent Condensate Well Performance Turned-to-sales in March 2025, the Kage pad is 2,000 Daily Oil Rate Kage Pad Daily Production History 10,000 Gross Gas…
Advantaged Firm Portfolio Provides Access to Diverse Markets Diversified and right-sized takeaway capacity 625,000 MMBtu/d(1) of firm takeaway from the Utica 200,000 MMBtu/d(1) of firm takeaway from the SCOOP Strategic connectivity…
Strong Capital Structure and Financial Profile First Quarter 2025 Overview As of March 31, 2025 1,000 5.3 million of cash equivalents 1,000 No Significant Cash and Liquidity Elected 906 million of liquidity(1) 900 Maturities…
Focused on Continuous Improvement and Responsible Stewardship Achieved overall A rating for Appalachia assets from MiQ for For additional information Improved second consecutive year please refer to Gulfports Corporate Sustainability…
Appendix
2024 Proved Reserve Summary Net Reserves as of December 31, 2024(1) Gas Oil NGL Total (Bcf) (MMBbls) (MMBbls) (Bcfe) Proved Developed Producing 1,844 7 29 2,061 Proved Developed Non-Producing 34 0 2 47 Proved Undeveloped(2) 1,478 15…
Reaffirm Full Year 2025 Guidance FY 2025E FY 2025E Production Guidance Incurred Capital Expenditures millions Guidance Net Daily Gas Equivalent MMcfe/day 1,040 1,065 Operated D&C 335 355 Net Daily Liquids Production MBbls/day 18.0…
Development Plan Overview 2024 Operated Activity 2025 Operated Activity Well Count Lateral Well Count Lateral Average Net Lateral Length Drilled Utica Dry Gas 11 gross (10.8 net) 15,800 Utica Dry Gas 14 gross (14.0 net) 16,900 TILs…
Hedged Production Natural Gas, Oil and Propane Hedge Summary(1) Natural Gas Oil Propane Swaps Collars Calls Sold Swaps Swaps Avg. Price Volume Volume MMBtu/d Volume MMBtu/d Avg. Put /MMBtu Avg. Call /MMBtu Volume MMBtu/d Avg. Call…
Recent Utica Well Performance Gulfport Utica Well Productivity Outperforming Peers(1) Top 20 Performing Utica Wells(1) Normalized Cumulative Production (MMcfe / 1,000 ft of lateral) 12 Month Normalized Production by Well (MMcfe / 1,000…
Recent SCOOP Well Performance Gulfport Oklahoma Well Productivity Outperforming Peers(1) Top 20 Performing SCOOP / STACK Wells(1) Normalized Cumulative Production (MMcfe / 1,000 ft of lateral) 12 Month Normalized Production by Well…
Adjusted EBITDA Adjusted EBITDA is a non-GAAP financial measure equal to net (loss) income, the most directly comparable GAAP financial measure, plus interest expense, income tax expense (benefit), depreciation, depletion and…
Adjusted Free Cash Flow Adjusted free cash flow is a non-GAAP measure defined as adjusted EBITDA plus certain non-cash items that are included in net cash provided by (used in) operating activities but excluded from adjusted EBITDA less…
Recurring General and Administrative (G&A) Expense Recurring general and administrative expense is a non-GAAP financial measure equal to general and administrative expense (GAAP) plus capitalized general and administrative expense, less…
Present value of estimated future net revenue (PV-10) PV 10 is a non-GAAP measure derived from standardized measure of discounted future new cash flows (GAAP). Management uses PV-10, which is calculated without deducting estimated future…