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Gulfport Energy Corp | November 2024 Investor Presentation | Michael Moore | Page 3 of 11 | May 03, 2025

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GPOR | 3 2024E Activity Gulfport Energy Overview 1. Market capitalization calculated as of 10/28/24 at a price of $142.86 per share using shares outstanding from the Company’s 3Q2024 10-Q filing. 2. Enterprise value calculated as of 10/28/24 at a price of $142.86 per share using shares outstanding, long-term debt, preferred stock and cash and cash equivalents from the Company’s 3Q2024 financial statements. The impact of the conversion of the 43,745 outstanding preferred shares would increase common shares outstanding by ~3.1 million common shares and increase the EV / 2025 Adjusted EBITDA multiple by 0.5x to 4.4x. 3. As of 9/30/24 and calculated as $3.2 million cash plus $906.2 million borrowing base availability, which takes into effect $30.0 million of borrowings on revolver and $63.8 million of letters of credit. 4. As of 9/30/24 using net debt to LTM Adjusted EBITDA. Net debt and Adjusted EBITDA are non-GAAP measures. Net debt is defined as total long-term debt minus cash and cash equivalents. 5. Adjusted free cash flow is a non-GAAP financial measure; see supplemental slides. Adjusted free cash flow excludes discretionary acreage acquisitions and common stock repurchases. Adjusted free cash flow yield is calculated using adjusted free cash flow divided by market capitalization using shares outstanding from the Company’s 3Q2024 10-Q filing. 6. Appalachia acreage includes ~193,000 Utica and ~17,000 Marcellus net reservoir acres. SCOOP acreage includes ~41,000 Woodford and ~32,000 Springer net reservoir acres. 7. EBITDA estimate sourced from Factset as of 10/28/24. Utica and Marcellus YE23 Net Reservoir Acres (6) : ~210,000 YE23 Proved Reserves: 3.2 Net Tcfe 3Q24 Net Production: ~862 MMcfe/day SCOOP YE23 Net Reservoir Acres (6) : ~73,000 YE23 Proved Reserves: 1.0 Net Tcfe 3Q24 Net Production: ~196 MMcfe/day Key Highlights NYSE: GPOR Market Cap (1) : $2.5 Billion Enterprise Value (‘EV’) (2) : $3.3 Billion EV / 2025 EBITDA (2,7) : 3.9x Liquidity (3) : ~$910 Million Leverage (4) : 0.97x D&C Capital: $325 – $335 Million Maintenance Leasehold Capital: $50 – $60 Million 2024E Total Base Capital: $375 - $395 Million 2024E Total Net Production: 1,055 – 1,070 MMcfe/day ~92% Natural Gas Top-decile adjusted free cash flow yield (5) relative to natural gas peers Remaining Inventory: ~500 gross operated >12 years of net inventory at attractive rates of return ~80% ~20% Utica / Marcellus SCOOP ~70% ~15% ~15% Utica SCOOP Maintenance Leasehold 2024E Production Mix 2024E Capital Program Updated