2024 Q3 Form 10-Q Financial Statement

#000162828024035423 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q4
Revenue $253.9M $181.1M $489.1M
YoY Change -4.78% -40.56% -50.22%
Cost Of Revenue $89.90M $86.53M $24.87M
YoY Change 3.81% 259.15% -22.28%
Gross Profit $164.0M $94.59M $464.2M
YoY Change -8.92% -66.29% -51.16%
Gross Profit Margin 64.59% 52.22% 94.91%
Selling, General & Admin $100.4M $97.28M $100.1M
YoY Change 4.02% 3.19% -6.13%
% of Gross Profit 61.2% 102.85% 21.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $82.83M $78.55M $81.01M
YoY Change 4.18% -1.99% 3.26%
% of Gross Profit 50.5% 83.05% 17.45%
Operating Expenses $183.8M $176.4M $181.7M
YoY Change 4.01% 0.72% -2.18%
Operating Profit $14.59M -$18.12M $282.5M
YoY Change -78.29% -117.18% -63.06%
Interest Expense -$15.87M -$15.16M -$14.67M
YoY Change -206.35% 10.42% -8.87%
% of Operating Profit -108.77% -5.19%
Other Income/Expense, Net -$32.39M -$15.68M $7.490M
YoY Change 140.24% -424.57% -20343.24%
Pretax Income -$17.80M -$33.80M $275.3M
YoY Change -133.15% -136.08% -63.22%
Income Tax -$3.833M -$7.587M $29.59M
% Of Pretax Income 10.75%
Net Earnings -$13.97M -$26.21M $212.6M
YoY Change -102.3% -133.45% -66.01%
Net Earnings / Revenue -5.5% -14.47% 43.48%
Basic Earnings Per Share -$0.83 -$1.51
Diluted Earnings Per Share -$0.83 -$1.51 $11.31
COMMON SHARES
Basic Shares Outstanding 18.11M shares 18.12M shares 18.63M shares
Diluted Shares Outstanding 18.06M shares 18.14M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.220M $1.233M $1.929M
YoY Change -61.2% -76.6% -73.43%
Cash & Equivalents $3.220M $1.233M $1.929M
Short-Term Investments
Other Short-Term Assets $117.0M $153.5M $250.2M
YoY Change -19.24% 4.31% 162.99%
Inventory
Prepaid Expenses
Receivables $88.90M $94.30M $122.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $223.4M $270.3M $396.8M
YoY Change -17.94% 3.0% -1.36%
LONG-TERM ASSETS
Property, Plant & Equipment $2.374B $2.377B $2.252B
YoY Change 6.81% 7.73% 9.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.86M $27.14M $31.49M
YoY Change -26.74% -68.77% 48.24%
Total Long-Term Assets $2.955B $2.968B $2.871B
YoY Change 3.14% 29.42% 34.64%
TOTAL ASSETS
Total Short-Term Assets $223.4M $270.3M $396.8M
Total Long-Term Assets $2.955B $2.968B $2.871B
Total Assets $3.178B $3.238B $3.268B
YoY Change 1.31% 26.71% 28.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.71M $53.49M $43.52M
YoY Change 22.36% -82.62% -90.05%
Accrued Expenses $114.6M $6.888M $12.96M
YoY Change 788.07% -46.0% 4.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $327.1M $341.7M $344.5M
YoY Change -12.65% -10.04% -56.58%
LONG-TERM LIABILITIES
Long-Term Debt $694.4M $679.5M $667.4M
YoY Change 7.77% 4.82% -3.86%
Other Long-Term Liabilities $56.71M $53.34M $49.88M
YoY Change -38.9% -48.24% -69.93%
Total Long-Term Liabilities $751.1M $732.8M $717.3M
YoY Change 1.89% -2.46% -16.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $327.1M $341.7M $344.5M
Total Long-Term Liabilities $751.1M $732.8M $717.3M
Total Liabilities $1.078B $1.075B $1.062B
YoY Change -3.01% -5.0% -35.78%
SHAREHOLDERS EQUITY
Retained Earnings $1.857B $1.872B $1.848B
YoY Change 15.79% 87.9% 383.92%
Common Stock $2.000K $2.000K $2.000K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $469.0K $698.0K $0.00
YoY Change 6.35% -100.0%
Treasury Stock Shares
Shareholders Equity $2.056B $2.120B $2.162B
YoY Change
Total Liabilities & Shareholders Equity $3.178B $3.238B $3.268B
YoY Change 1.31% 26.71% 28.93%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q4
OPERATING ACTIVITIES
Net Income -$13.97M -$26.21M $212.6M
YoY Change -102.3% -133.45% -66.01%
Depreciation, Depletion And Amortization $82.83M $78.55M $81.01M
YoY Change 4.18% -1.99% 3.26%
Cash From Operating Activities $189.7M $123.5M $155.5M
YoY Change 21.37% 15.01% -17.3%
INVESTING ACTIVITIES
Capital Expenditures $132.1M $126.7M $116.3M
YoY Change -4.1% -17.19% -9.73%
Acquisitions
YoY Change
Other Investing Activities -$494.0K -$841.0K -$1.067M
YoY Change -17.67% 13916.67% 464.55%
Cash From Investing Activities -$132.6M -$127.5M -$117.2M
YoY Change -4.22% -16.64% -9.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.16M -2.895M -44.68M
YoY Change 272.69% -106.1% -25.59%
NET CHANGE
Cash From Operating Activities 189.7M 123.5M 155.5M
Cash From Investing Activities -132.6M -127.5M -117.2M
Cash From Financing Activities -55.16M -2.895M -44.68M
Net Change In Cash 1.987M -6.976M -6.430M
YoY Change -35.9% -485.63% 525.49%
FREE CASH FLOW
Cash From Operating Activities $189.7M $123.5M $155.5M
Capital Expenditures $132.1M $126.7M $116.3M
Free Cash Flow $57.64M -$3.240M $39.22M
YoY Change 209.89% -92.9% -33.76%

Facts In Submission

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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-696000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1990000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1929000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7259000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1233000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5269000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:12pt;margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassification</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to prior period financial statements and related disclosures to conform to current period presentation. These reclassifications have no impact on previous reported total assets, total liabilities, net income or total operating cash flows.</span></div>
CY2024Q2 gpor Revenue Payable And Suspense Current
RevenuePayableAndSuspenseCurrent
119769000 usd
CY2023Q4 gpor Revenue Payable And Suspense Current
RevenuePayableAndSuspenseCurrent
148598000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
53492000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
43517000 usd
CY2024Q2 gpor Accrued Transportation Gathering Processing And Compression
AccruedTransportationGatheringProcessingAndCompression
39597000 usd
CY2023Q4 gpor Accrued Transportation Gathering Processing And Compression
AccruedTransportationGatheringProcessingAndCompression
38322000 usd
CY2024Q2 gpor Accrued Capital Expenditures
AccruedCapitalExpenditures
36138000 usd
CY2023Q4 gpor Accrued Capital Expenditures
AccruedCapitalExpenditures
32849000 usd
CY2024Q2 gpor Accrued Contract Damages And Treasury Shares Current
AccruedContractDamagesAndTreasurySharesCurrent
0 usd
CY2023Q4 gpor Accrued Contract Damages And Treasury Shares Current
AccruedContractDamagesAndTreasurySharesCurrent
1996000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
41982000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
44250000 usd
CY2024Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
290978000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
309532000 usd
CY2023Q1 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
1000000 usd
CY2023Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
17800000 usd
CY2023Q2 gpor Proceeds From Plan Of Reorganization Recoupment Of Collateral
ProceedsFromPlanOfReorganizationRecoupmentOfCollateral
5000000 usd
us-gaap Interest Paid Net
InterestPaidNet
28263000 usd
us-gaap Interest Paid Net
InterestPaidNet
26122000 usd
gpor Increase Decreasein Accounts Receivable Oiland Natural Gas
IncreaseDecreaseinAccountsReceivableOilandNaturalGas
-28133000 usd
gpor Increase Decreasein Accounts Receivable Oiland Natural Gas
IncreaseDecreaseinAccountsReceivableOilandNaturalGas
-186300000 usd
gpor Increase Decreasein Accounts Receivable Joint Operationsand Other
IncreaseDecreaseinAccountsReceivableJointOperationsandOther
-1011000 usd
gpor Increase Decreasein Accounts Receivable Joint Operationsand Other
IncreaseDecreaseinAccountsReceivableJointOperationsandOther
-3595000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-37017000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-140832000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
649000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
973000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-31000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-69000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
8491000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-48159000 usd
gpor Capitalized Stock Based Compensation
CapitalizedStockBasedCompensation
2830000 usd
gpor Capitalized Stock Based Compensation
CapitalizedStockBasedCompensation
1861000 usd
us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
375000 usd
us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
73000 usd
gpor Asset Retirement Obligation Removed Due To Divestiture
AssetRetirementObligationRemovedDueToDivestiture
0 usd
gpor Asset Retirement Obligation Removed Due To Divestiture
AssetRetirementObligationRemovedDueToDivestiture
919000 usd
us-gaap Stock Issued1
StockIssued1
1996000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
CY2024Q2 gpor Proved Oil And Gas Property Full Cost Method Gross
ProvedOilAndGasPropertyFullCostMethodGross
3171811000 usd
CY2023Q4 gpor Proved Oil And Gas Property Full Cost Method Gross
ProvedOilAndGasPropertyFullCostMethodGross
2904519000 usd
CY2024Q2 gpor Unproved Oil And Gas Property Full Cost Method Gross
UnprovedOilAndGasPropertyFullCostMethodGross
218399000 usd
CY2023Q4 gpor Unproved Oil And Gas Property Full Cost Method Gross
UnprovedOilAndGasPropertyFullCostMethodGross
204233000 usd
CY2024Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10424000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
8779000 usd
CY2024Q2 us-gaap Land
Land
386000 usd
CY2023Q4 us-gaap Land
Land
386000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3401020000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3117917000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1024142000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
865618000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2376878000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2252299000 usd
CY2024Q2 gpor Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
6300000 usd
gpor Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
12000000 usd
CY2023Q2 gpor Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
5400000 usd
gpor Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
10500000 usd
CY2024Q2 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
218399000 usd
CY2023Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
204233000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
29941000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
33171000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
375000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
73000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
0 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
165000 usd
gpor Asset Retirement Obligation Removed Due To Divestiture
AssetRetirementObligationRemovedDueToDivestiture
0 usd
gpor Asset Retirement Obligation Removed Due To Divestiture
AssetRetirementObligationRemovedDueToDivestiture
919000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1122000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1478000 usd
CY2024Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
31438000 usd
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
33638000 usd
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
497000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
618000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
679503000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
667382000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
679503000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
667382000 usd
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
42000000 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
110000 shares
CY2021Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
1000
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
55000 shares
CY2021Q2 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.10
CY2021Q2 gpor Preferred Stock Dividend Rate Percentage Pain In Kind
PreferredStockDividendRatePercentagePainInKind
0.15
CY2021Q2 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
14.00
CY2024Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1100000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2200000 usd
CY2023Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1300000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2600000 usd
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
44214 shares
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
52295 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
-426 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
-5836 shares
CY2024Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
43788 shares
CY2023Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
46459 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
42000000 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
110000 shares
CY2021Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
1000
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19800000 shares
CY2023Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
263158 shares
CY2023Q2 gpor Stock Repurchased During Period Average Price Per Share
StockRepurchasedDuringPeriodAveragePricePerShare
95.00
CY2021Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2023Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
650000000 usd
CY2024Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
210000 shares
CY2024Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
29492000 usd
CY2024Q1 gpor Stock Repurchased During Period Average Price Per Share
StockRepurchasedDuringPeriodAveragePricePerShare
140.39
CY2024Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
161000 shares
CY2024Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
25000000 usd
CY2024Q2 gpor Stock Repurchased During Period Average Price Per Share
StockRepurchasedDuringPeriodAveragePricePerShare
155.65
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
371000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
54492000 usd
gpor Stock Repurchased During Period Average Price Per Share
StockRepurchasedDuringPeriodAveragePricePerShare
147.00
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
2900000 usd
us-gaap Restructuring Charges
RestructuringCharges
4800000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
800000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1300000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
93687000 usd
CY2023Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1278000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
14044000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
78365000 usd
CY2023Q2 us-gaap Dilutive Securities
DilutiveSecurities
182000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
78547000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18518000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18805000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.18
us-gaap Net Income Loss
NetIncomeLoss
25823000 usd
us-gaap Net Income Loss
NetIncomeLoss
616741000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2200000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2585000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3469000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
92611000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20154000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
521545000 usd
us-gaap Dilutive Securities
DilutiveSecurities
64000 usd
us-gaap Dilutive Securities
DilutiveSecurities
1008000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
20218000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
522553000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18169000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18688000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18573000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18930000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
27.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
27.60
CY2020Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
300000 usd
CY2024Q2 gpor Derivative Instruments Number Of Counterparties
DerivativeInstrumentsNumberOfCounterparties
12 counterparty
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-8615000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
96788000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
36521000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
474849000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
185463000 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
61343000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
124120000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
64779000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
61343000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
3436000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
280792000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
30866000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
249926000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
40565000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
30866000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
9699000 usd
CY2024Q2 gpor Contingent Consideration Asset Fair Value
ContingentConsiderationAssetFairValue
2900000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
0 usd
CY2024Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
0 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
-100000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
-1200000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
94300000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
122500000 usd
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
However, settlement statements for certain sales may be received for 30 to 90 days after the date production is delivered, and as a result, the Company is required to estimate the amount of production that was delivered to the purchaser and the price that will be received for the sale of the product
gpor Number Of Lease Contract
NumberOfLeaseContract
1 contract
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6634000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
836000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
561000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8041000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
197000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
7844000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3403000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3443000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5998000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8050000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
9401000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
11493000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
6806000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
6886000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
15949000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
17298000 usd
us-gaap Lease Cost
LeaseCost
22755000 usd
us-gaap Lease Cost
LeaseCost
24184000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
7649000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4236000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M9D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0665
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.220
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
85800000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001628280-24-035423-index-headers.html Edgar Link pending
0001628280-24-035423-index.html Edgar Link pending
0001628280-24-035423.txt Edgar Link pending
0001628280-24-035423-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
gpor-06302024xex311.htm Edgar Link pending
gpor-06302024xex312.htm Edgar Link pending
gpor-06302024xex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
gpor-06302024xex322.htm Edgar Link pending
gpor-20240630.htm Edgar Link pending
gpor-20240630.xsd Edgar Link pending
gpor-20240630_cal.xml Edgar Link unprocessable
gpor-20240630_def.xml Edgar Link unprocessable
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gpor-20240630_htm.xml Edgar Link completed
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report.css Edgar Link pending
Show.js Edgar Link pending
gpor-20240630_pre.xml Edgar Link unprocessable
gpor-20240630_lab.xml Edgar Link unprocessable