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Gulfport Energy GPOR Business Segments — Lease operating expenses

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Other financials

Income statement

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Revenue$437.5M+122%
Gross profit$347.0M+204%
Operating income$227.6M+1,794%
Net income$165.8M+35,838%
EPS (diluted)$8.87+12,771%

Balance sheet

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Cash & equivalents$2.9M-45.3%
Total debt$824.1M+17.5%
Total equity$1.8B+9.2%
Total assets$3.1B+4.3%

Cash flow

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Operating cash flow$292.9M+65.2%

Valuation

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Market cap$2.8B-7.5%
Enterprise value$3.62B-2.6%
P/E4.7×
P/S1.7×-1.0×

Profitability

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Gross margin78%+17.8pp
Operating margin49.1%+34.6pp
Net margin35.7%+23.8pp
FCF margin49%

Returns & leverage

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Return on equity34.3%+25.9pp
Debt / equity0.5×0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Gulfport Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.

The source filing: Gulfport Energy’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 1:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031073
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total revenues$437,532$197,034
Significant segment expenses
Lease operating expenses24,45620,283
Taxes other than income9,1846,626
Transportation, gathering, processing and compression90,56782,870
Depreciation, depletion, and amortization75,43065,622
General and administrative9,7089,001
Interest expense15,38613,356

Item 1. Consolidated Financial Statements (Unaudited):

FAQ

What is Gulfport Energy's business segments — lease operating expenses?
Gulfport Energy (GPOR) reported business segments — lease operating expenses of $24.46M in Q1 2026.
How has Gulfport Energy's business segments — lease operating expenses changed year-over-year?
Gulfport Energy's business segments — lease operating expenses increased by 20.6% year-over-year, from $20.28M to $24.46M.
What is the long-term trend for Gulfport Energy's business segments — lease operating expenses?
Over 3 years (2022 to 2025), Gulfport Energy's business segments — lease operating expenses has grown at a 9.1% compound annual growth rate (CAGR), from $64.79M to $84.24M.
What does business segments — lease operating expenses mean?
Includes the direct costs incurred to operate and maintain oil and gas wells and related equipment. These expenses typically cover labor, repairs, maintenance, and materials necessary to keep production flowing from the company's assets.

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