Gulfport Energy Corp.

Gulfport Energy Corp. announced today Al Bledsoe has been appointed to Gulfport’s Board of Directors, effective January 1, 2020. “We are very pleased to welcome Al to our Board as a new independent director,” commented David M. Wood, President and Chief Executive Officer. “Al is an experienced finance and public accounting executive with strategic planning, managerial and leadership expertise [...]

Bison, Oklahoma's largest water infrastructure, logistics and solutions provider, today announced that it has entered into definitive agreements to acquire Gulfport Energy Corp.'s water infrastructure in the SCOOP for an upfront payment and other contingent consideration based on the timing, pace and magnitude of Gulfport's future development program and water production levels. Simultaneously, the parties entered into [...]

Entered into agreements to divest various non-core assets for approximately $86 million in up-front proceeds in addition to future contingent payments Repurchased $190 million aggregate principal amount of unsecured senior notes for $140 million year to date OKLAHOMA CITY, Dec. 19, 2019 -- Gulfport Energy Corp. announced today that the Company has entered into agreements to divest certain non-core assets and provided an [...]

Firefly Value Partners, LP, which manages funds that, together with affiliates, collectively beneficially own 9.9% of the outstanding common stock of Gulfport Energy Corp. , today issued a public letter to the Gulfport Board of Directors. The full text of the letter is below. Dear Members of the Board, Firefly Value Partners, LP manages funds that, together with affiliates, collectively beneficially own 9.9% of the [...]

Continues Accretive Debt Repurchases and Suspends Share Repurchase Program; Completes 13% Headcount Reduction Two Directors to Step Down from Board at Year-End Chairman David L. Houston Will Not Seek Re-Election at 2020 Annual Meeting OKLAHOMA CITY, Nov. 18, 2019 -- Gulfport Energy Corp. , one of the largest producers of natural gas in the contiguous United States, today provided an update on shareholder value initiatives [...]

Gulfport Energy Corp. today reported financial and operational results for the three-months and nine-months ended September 30, 2019 and provided an update on its 2019 activities. Key information includes the following: Net production averaged 1,527.0 MMcfe per day during the third quarter of 2019 Net loss of $48.8 million, or $ per diluted share, for the third quarter of 2019 Adjusted net income of $39.0 million, or [...]

Gulfport Energy Corp. today provided an update for the three-months and nine-months ended September 30, 2019. Key information includes the following: Net production during the third quarter of 2019 averaged 1,527.0 MMcfe per day, a 12% increase over the second quarter of 2019. Realized natural gas price for the third quarter of 2019, before the impact of derivatives and including transportation costs, averaged $1.64 per [...]

Gulfport Energy Corp. announced today that Quentin R. Hicks will join the Company as Executive Vice President and Chief Financial Officer reporting to David M. Wood, President and Chief Executive Officer. Mr. Hicks will assume his new duties on August 26, 2019. Gulfport conducted a formal search for this position led by a leading national executive search firm. Mr. Wood commented, “We are very pleased to welcome [...]

Gulfport Energy Corp. today reported financial and operational results for the three-months and six-months ended June 30, 2019 and provided an update on its 2019 activities. Key information includes the following: Net production averaged 1,359.0 MMcfe per day during the second quarter of 2019. Net income of $235.0 million, or $1.47 per diluted share, for the second quarter of 2019. Adjusted net income of $33.3 million, or [...]

Gulfport Energy Corp. today provided an update for the three-months and six-months ended June 30, 2019. Key information includes the following: Net production during the second quarter of 2019 averaged 1,359.0 MMcfe per day, an 8% increase over the first quarter of 2019. Realized natural gas price for the second quarter of 2019, before the impact of derivatives and including transportation costs, averaged $2.02 per Mcf, a [...]