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 2Q25 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 Equity Repurchase Program Equity Repurchases 791 million 709 million To support the redemption of the preferred equity and enable Gulfport to Available under Repurchased as of continue its ongoing…
Redemption of Preferred Shares Accelerates Equity Repurchases Potential Impact of Preferred Redemption(1,2) Benefits of the Redemption Common Shares (in millions) Equity Repurchases ( in millions) 1,500 19.8 2.2 Consistent with…
Second Quarter 2025 Results Full Year 2025 Key Highlights 2Q2025 1H2025 Guidance Total 1,006.3 968.0 1.04 1.065 Turned to sales 14 gross wells, including 8 wells in the Utica, 4 Net Production MMcfe/day MMcfe/day Bcfe/day wells the…
Significant Improvement in Operational Efficiencies Ohio Drilling and Completion Efficiencies Average Total Footage per Day Average Frac Pumping Hours Improved drilling efficiency Improved completion efficiency by 89% since 2022 and…
2025 Capital Program and Production Outlook Capital Program Production Allocating 75 100 million to targeted discretionary acreage Turned-to-sales 21 gross wells in 1H2025 across all five of development acquisitions, potentially…
2025 Development Plan Overview Utica Key Highlights 4 Well Pad Extended Utica inventory by 2.5 years through 2023 - 2024 discretionary Spud: 2Q2024 TIL: Late 1Q2025 acreage acquisitions largely within the wet gas area of the play…
Liquids-Rich Development Providing Strong Results Key Highlights Kage Pad (Normalized to 15,000 LL) Lake VII Pad (Normalized to 15,000 LL) Kage Pad Daily Production History Avg IP90(1): 2,755 Boe/d Avg IP90(1): 1,797 Boe/d 56%…
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 Second Quarter 2025 Overview As of June 30, 2025 3.8 million of cash equivalents 1,000 Cash and Liquidity 1,000 No Significant Elected 885 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…
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 20.5…
Development Plan Overview 2024 Operated Activity 2025E 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 Volume Volume MMBtu/d Avg. Price /MMBtu Volume MMBtu/d Avg. Put /MMBtu Avg. Call /MMBtu Volume MMBtu/d Avg.…
Adjusted EBITDA Adjusted EBITDA is a non-GAAP financial measure equal to net income (loss), 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…