GULFPORT ENERGY CORP (GPOR) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Natural gas sales							324.7
Other							384.3
Total revenues	1,331.1	866.5	1,563.1	1,551.7	1,320.3	385.9	709.0	670.8
Revenue growth		-44.6%	0.7%	17.5%	242.1%	-45.6%	5.7%	155.3%
Cost of goods sold [+]	357.2	456.3	508.8	486.8	80.2	166.0	208.1	116.7
Lease costs							69.5	52.2
Natural gas midstream costs							138.6	64.5
Gross profit	973.9	410.2	1,054.3	1,064.9	1,240.1	219.9	500.9	554.1
Gross margin	73.2%	47.3%	67.4%	68.6%	93.9%	57.0%	70.7%	82.6%
Selling, general and administrative [+]	95.4	87.8	86.1	95.4	66.6	56.7	56.7	62.3
General and administrative [+]	95.4	87.8	86.1	95.4	66.6	56.7	56.7	62.3
General and administrative expenses	35.3	59.3	45.5	47.1	45.5	43.4	42.0	62.3
Operating taxes	60.1	28.5	40.5	48.3	21.1	13.3	14.7	24.0
Other selling, general and administrative
Equity in earnings					-17.8	-37.4	-106.1	139.4
Other operating expenses	67.9	57.3	77.4	83.8	250.6	69.9	0.8	0.7
EBITDA [+]	810.5	265.1	890.8	885.6	905.0	55.9	337.3	630.5
EBITDA growth		-70.2%	0.6%	-2.1%	1517.8%	-83.4%	-46.5%	62.7%
EBITDA margin	60.9%	30.6%	57.0%	57.1%	68.5%	14.5%	47.6%	94.0%
Depreciation and amortization	267.8	239.7	550.1	486.7	364.6	246.0	337.7	265.4
EBIT [+]	542.7	25.3	340.7	399.0	540.4	-190.0	-0.4	365.1
EBIT growth		-92.6%	-14.6%	-26.2%	-384.4%	48751.2%	-100.1%	36.0%
EBIT margin	40.8%	2.9%	21.8%	25.7%	40.9%	-49.2%	-0.1%	54.4%
Non-recurring items [+]	-0.4	1,387.9	2,044.4		2.4	715.5	1,440.4
Asset impairment		1,357.1	2,039.8			715.5	1,440.4
Interest expense, net [+]	59.8	120.1	141.0	141.6	114.6	62.3	50.6	23.8
Interest expense	59.8	120.1	141.8	141.9	115.6	63.5	51.2	24.0
Interest income			0.8	0.3	1.0	1.2	0.6	0.2
Other income (expense), net [+]	11.3	-135.2	-165.2	173.1	13.6	-14.8	10.5	59.5
Reorganization items		152.4
Gain (loss) on sale of assets				-124.8	-12.5	-3.4
Gain (loss) on investments								-84.5
Litigation settlement								25.5
Gain (loss) on debt retirement		49.6	48.6			-23.8
Other	11.3	-21.3	-3.7	-1.5	1.0	-0.1	0.5	0.5
Pre-tax income	494.7	-1,617.8	-2,009.9	430.5	437.0	-982.6	-1,480.9	400.7
Income taxes	0.0	7.3	-7.6	-0.1	1.8	-2.9	-256.0	153.3
Tax rate	0.0%		0.4%		0.4%	0.3%	17.3%	38.3%
Net income	412.9	-1,625.1	-2,002.4	430.6	435.2	-979.7	-1,224.9	247.4
Net margin	31.0%	-187.5%	-128.1%	27.7%	33.0%	-253.9%	-172.8%	36.9%

Basic EPS [+]	$20.45	($10.14)	($12.49)	$2.46	$2.42	($7.97)	($12.27)	$2.90
Growth		-18.8%	-606.6%	1.9%	-130.4%	-35.1%	-523.9%	46.2%
Diluted EPS [+]	$20.29	($10.14)	($12.49)	$2.45	$2.41	($7.97)	($12.27)	$2.88
Growth		-18.8%	-608.7%	1.7%	-130.3%	-35.1%	-525.7%	46.5%

Shares outstanding (basic) [+]	20.2	160.2	160.3	174.7	179.8	123.0	99.8	85.4
Growth		-0.1%	-8.2%	-2.9%	46.3%	23.2%	16.8%	10.4%
Shares outstanding (diluted) [+]	20.3	160.2	160.3	175.4	180.3	123.0	99.8	85.8
Growth		-0.1%	-8.6%	-2.7%	46.6%	23.2%	16.3%	10.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.