Gulfport Energy's Corporate Customers have recorded a growth in their cost of revenue by 67.54 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 25.98 %. During the corresponding time, Gulfport Energy Corporation saw a revenue deteriorated by -27.79 % year on year, sequentially revenue fell by -26.12 %. While revenue at the Gulfport Energy Corporation's corporate clients recorded rose by 36.04 % year on year, sequentially revenue grew by 17.53 %.
Gulfport Energy's Customers have recorded a growth in their cost of revenue by 67.54 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 25.98 %, for the same period Gulfport Energy Corporation revnue deteriorated by -27.79 % year on year, sequentially revenue fell by -26.12 %.
Gulfport Energy's Comment on Sales, Marketing and Customers
The availability of a ready market for any oil and/or natural gas we produce
depends on numerous factors beyond the control of our management, including
but not limited to the demand for oil and natural gas and the level of domestic
production and imports of oil, the proximity and capacity of gas pipelines,
the availability of skilled labor, materials and equipment, the effect of state
and federal regulation of oil and natural gas production and federal regulation
of gas sold in interstate commerce. The oil and natural gas we produce in Louisiana
is sold to purchasers who service the areas where our wells are located. We
sell the majority of our Southern Louisiana oil to Shell Trading Company, or
Shell. Shell takes custody of the oil at the outlet from our oil storage barge.
The majority of this production is being sold under a West Texas Intermediate
crude price HLS/LLS differential less transportation costs. The majority of
our Utica Shale oil is sold to Marathon Petroleum Corporation, or Marathon.
The purchaser takes custody at the MarkWest Utica EMG, or MarkWest, owned and
operated condensate stabilizer located near Cadiz, Ohio. Our Utica Shale NGLs
are currently purchased by MarkWest which remits to us a weighted average selling
price of products sold to various markets. Our Utica Shale natural gas production
is sold to various purchasers through established NAESBs with the counterparties.
The majority of our gas is sold to BP Energy Company, or BP. In 2016, our Utica
Shale natural gas and natural gas liquids were sold under monthly, seasonal
and long term contracts and, as needed, through daily transactions. The majority
of our production is delivered at the tailgate of the plants or at central delivery
points with market pricing based on Platts Gas Daily - Appalachian - Dominion
South Point (Dominion Eastern and Dominion Transmission) or Texas Eastern M2
Zone when sold in the Utica Basin.
Sustaining Progress: Gulfport Energy Unveils its 2023-2024 Corporate Sustainability Initiatives amidst Fluctuating Financials Gulfport Energy Corporation (NYSE: GPOR), headquartered in Oklahoma City, has embarked upon a renewed journey of corporate responsibility with the publication of its 2023-2024 Corporate Sustainability Report. This report underscores the company’s ongoing commitment to environmental stewardship, social responsibility, and robust governance practices. At the report’s core lies Gulfport’s strategic emphasis on emission intensity reductions, a commitment poignantly articulated by John Reinhart, the company’s President and CEO, who avows, As a leading natural gas producer, Gulfport...
Gulfport Energy’s Comment on Sales, Marketing and Customers
The availability of a ready market for any oil and/or natural gas we produce
depends on numerous factors beyond the control of our management, including
but not limited to the demand for oil and natural gas and the level of domestic
production and imports of oil, the proximity and capacity of gas pipelines,
the availability of skilled labor, materials and equipment, the effect of state
and federal regulation of oil and natural gas production and federal regulation
of gas sold in interstate commerce. The oil and natural gas we produce in Louisiana
is sold to purchasers who service the areas where our wells are located. We
sell the majority of our Southern Louisiana oil to Shell Trading Company, or
Shell. Shell takes custody of the oil at the outlet from our oil storage barge.
The majority of this production is being sold under a West Texas Intermediate
crude price HLS/LLS differential less transportation costs. The majority of
our Utica Shale oil is sold to Marathon Petroleum Corporation, or Marathon.
The purchaser takes custody at the MarkWest Utica EMG, or MarkWest, owned and
operated condensate stabilizer located near Cadiz, Ohio. Our Utica Shale NGLs
are currently purchased by MarkWest which remits to us a weighted average selling
price of products sold to various markets. Our Utica Shale natural gas production
is sold to various purchasers through established NAESBs with the counterparties.
The majority of our gas is sold to BP Energy Company, or BP. In 2016, our Utica
Shale natural gas and natural gas liquids were sold under monthly, seasonal
and long term contracts and, as needed, through daily transactions. The majority
of our production is delivered at the tailgate of the plants or at central delivery
points with market pricing based on Platts Gas Daily - Appalachian - Dominion
South Point (Dominion Eastern and Dominion Transmission) or Texas Eastern M2
Zone when sold in the Utica Basin.
Sources:
Gulfport Energy Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Gulfport Energy Corporation’s corporate clients.
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