Gulfport Energy (Gulfport Energy) Interest Expense : $-54 Mil (TTM As of Dec. 2023)

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What is Gulfport Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulfport Energy's interest expense for the three months ended in Dec. 2023 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-54 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Gulfport Energy's Operating Income for the three months ended in Dec. 2023 was $ 56 Mil. Gulfport Energy's Interest Expense for the three months ended in Dec. 2023 was $ -14 Mil. Gulfport Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 4.11. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gulfport Energy Interest Expense Historical Data

The historical data trend for Gulfport Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gulfport Energy Interest Expense Chart

Gulfport Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-139.29

-114.52

-57.69

-53.82

Gulfport Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-16.02	-13.20	-12.86	-13.99	-13.74

Gulfport Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-54 Mil.

Gulfport Energy (NYSE:GPOR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gulfport Energy's Interest Expense for the three months ended in Dec. 2023 was $-14 Mil. Its Operating Income for the three months ended in Dec. 2023 was $56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $669 Mil.

Gulfport Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	56.44	/	-13.741
	=	4.11

The higher the ratio, the stronger the company's financial strength is.

Gulfport Energy (Gulfport Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulfport Energy Corp (NYSE:GPOR) » Definitions » Interest Expense

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Address

713 Market Drive, Oklahoma City, OK, USA, 73114

Website

https://www.gulfportenergy.com

Gulfport Energy Corp is an independent exploration and development company. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.

Executives

Jason Joseph Martinez	director	1 TOKENEKE TRAIL, HOUSTON TX 77024
Silver Point Capital L.p.	director, 10 percent owner	TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Patrick K. Craine	officer: General Counsel and Corp. Sec.	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Michael Sluiter	officer: SVP of Reservoir Engineering	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Matthew Willrath	officer: VP & CAO	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Jean Marie Powers	director	2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges	officer: EVP & CFO	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker	officer: SVP, Operations	713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart	director, officer: President & CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses	officer: SVP, Operations & Drilling	3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
David A Reganato	director	TWO GREENWICH PLAZA, GREENWICH CT 06830
William J Buese	officer: Chief Financial Officer	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134