Gulfport Energy Corp (NASDAQ: GPOR) is an independent oil and natural gas exploration and production company that extracts and sells natural gas, natural gas liquids, and crude oil. Revenue is generated by producing hydrocarbons from company-operated wells and selling them at market prices, with realized pricing influenced by commodity spot markets and hedging contracts. Gulfport carries senior notes on its balance sheet, including 6.75% Senior Notes due September 1, 2029, issued under an indenture dated September 13, 2024, indicating a debt-funded capital structure typical of upstream E&P operators. The company previously filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas, placing it among mid-tier independent natural gas producers that have undergone financial restructuring. The 10-K filed February 25, 2026 covers fiscal year ended in that reporting cycle.

Revenue model

Transactional commodity sales: Gulfport sells natural gas, natural gas liquids, and crude oil at prevailing market prices. Realized prices are subject to commodity price volatility and are partially managed through hedging instruments.

Products and services

Natural gas, natural gas liquids (NGLs), crude oil produced from company-operated upstream wells.

Customers and end markets

The filing excerpts do not specify named customers or end-market breakdowns. End markets are consistent with upstream hydrocarbon production: natural gas utilities, midstream processors, and commodity traders, though these are not named in the excerpts.

Value-chain role

Upstream exploration and production: Gulfport explores for, develops, and produces hydrocarbons, operating at the wellhead stage of the oil and gas value chain.

Geographic exposure

The filing excerpts do not specify producing basins or geographic operating regions by name in the provided text.

Source: SEC 10-K, filed 2026-02-25

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