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Gulfport Energy Corp (GPOR.OQ)

GPOR.OQ on NASDAQ Stock Exchange Global Select Market

3.28USD
17 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Gulfport Energy Corp Posts Q2 EPS Of $1.47
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Gulfport Energy Corp ::ORATION REPORTS SECOND QUARTER 2019 FINANCIAL AND OPERATING RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.21.Q2 EARNINGS PER SHARE $1.47.Q2 REVENUE $459 MILLION.Q2 REVENUE ESTIMATE $318.6 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE ESTIMATE $0.25 -- REFINITIV IBES DATA.NET PRODUCTION AVERAGED 1,359.0 MMCFE PER DAY DURING Q2 OF 2019..REAFFIRMED 2019 TOTAL CAPITAL EXPENDITURES TO BE IN RANGE OF $565 TO $600 MILLION AND FUNDED ENTIRELY WITHIN CASH FLOW.REITERATED 2019 FULL YEAR NET PRODUCTION TO AVERAGE 1,360 MMCFE TO 1,400 MMCFE PER DAY.EXPECT TO BEGIN SIGNIFICANT FREE CASH FLOW GENERATION DURING Q3 OF 2019.REALIZED PRICES FOR Q2 OF 2019 WERE $3.38 PER MCF OF NATURAL GAS, $75.14 PER BARREL OF OIL AND $0.57 PER GALLON OF NGL.  Full Article

Gulfport Energy Says Net Production During Q2 2019 Averaged 1,359.0 Mmcfe Per Day, An 8% Increase Over Q1 Of 2019
Thursday, 18 Jul 2019 

July 18 (Reuters) - Gulfport Energy Corp ::GULFPORT ENERGY CORPORATION PROVIDES SECOND QUARTER 2019 PRODUCTION AND PRICING AND SCHEDULES SECOND QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS CONFERENCE CALL.GULFPORT ENERGY CORP - NET PRODUCTION DURING Q2 OF 2019 AVERAGED 1,359.0 MMCFE PER DAY, AN 8% INCREASE OVER Q1 OF 2019.  Full Article

Gulfport Energy Says Q1 Net Production Averaged 1,263.6 Mmcfe Per Day
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Gulfport Energy Corp ::GULFPORT ENERGY CORP - NET PRODUCTION DURING Q1 OF 2019 AVERAGED 1,263.6 MMCFE PER DAY.GULFPORT ENERGY CORP - REMAIN ON TRACK TO DELIVER ON PREVIOUSLY ANNOUNCED 2019 PRODUCTION GUIDANCE OF 1,360 MMCFE TO 1,400 MMCFE PER DAY.GULFPORT ENERGY CORP - REALIZED PRICES FOR Q1 OF 2019 WERE $2.54 PER MCF OF NATURAL GAS, $52.35 PER BARREL OF OIL AND $0.52 PER GALLON OF NGL.GULFPORT ENERGY CORP - FOR Q1 OF 2019, GULFPORT'S NET DAILY PRODUCTION MIX WAS COMPRISED OF APPROXIMATELY 90% NATURAL GAS, 7% NGL AND 3% OIL.GULFPORT ENERGY CORP - EXPECT TO TURN-TO-SALES IN EXCESS OF 30 WELLS DURING Q2 OF 2019.  Full Article

Firefly Value Partners Sends Letter To Gulfport Energy Corp Board Of Directors
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Gulfport Energy Corp ::FIREFLY VALUE PARTNERS SENDS LETTER TO GULFPORT ENERGY CORPORATION BOARD OF DIRECTORS.FIREFLY VALUE PARTNERS - CALLS ON GULFPORT ENERGY TO - OVER COURSE OF 2019 - URGENTLY IMPLEMENT NEW CAPITAL AND OPERATIONAL PLAN.FIREFLY VALUE PARTNERS - TO CONTINUE TO ENGAGE WITH GULFPORT BOARD - INCLUDING TAKING STEPS TO REFRESH BOARD SHOULD CO FAIL TO EXECUTE ON KEY INITIATIVES.FIREFLY VALUE PARTNERS SAYS TOGETHER WITH AFFILIATES, COLLECTIVELY BENEFICIALLY OWN 8.1% OF OUTSTANDING COMMON STOCK OF GULFPORT ENERGY.FIREFLY VALUE PARTNERS - THINK IT IS IN STOCKHOLDERS' BEST INTEREST TO ALLOW GULFPORT'S NEW CEO TIME TO ADDRESS ISSUES CONTRIBUTED TO UNDERPERFORMANCE.FIREFLY VALUE PARTNERS - DO NOT BELIEVE THAT A PROXY FIGHT WITH GULFPORT ENERGY IS BEST COURSE OF ACTION AT THIS TIME.FIREFLY VALUE PARTNERS SAYS GULFPORT MUST ABSTAIN FROM EQUITY ISSUANCES IN 2019.  Full Article

Gulfport Energy Corporation Reports Fourth Quarter And Year End 2018 Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Gulfport Energy Corp ::ORATION REPORTS FOURTH QUARTER AND YEAR END 2018 RESULTS.Q4 EARNINGS PER SHARE $0.78.Q4 EARNINGS PER SHARE ESTIMATE $0.50 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE $0.46.SAYS FORECASTED 2019 FULL YEAR NET PRODUCTION IS ESTIMATED TO AVERAGE 1,360 MMCFE TO 1,400 MMCFE PER DAY.SAYS 2019 TOTAL CAPITAL EXPENDITURES OF $565 MILLION TO $600 MILLION TO BE FUNDED ENTIRELY WITHIN CASH FLOW.SAYS ANNOUNCED STOCK REPURCHASE PROGRAM TO ACQUIRE UP TO $400 MILLION OF OUTSTANDING COMMON STOCK.SAYS NET DAILY PRODUCTION FOR Q4 OF 2018 AVERAGED APPROXIMATELY 1,392.8 MMCFE PER DAY.QUARTERLY NATURAL GAS SALES $368.6 MILLION VERSUS $239.5 MILLION.QUARTERLY TOTAL REVENUES $415.95 MILLION VERSUS $397.85 MILLION.Q4 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $383.0 MILLION -- REFINITIV IBES DATA.  Full Article

Gulfport Energy Corp Announces 2019 Capital Budget And New $400 Mln Stock Repurchase Program
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Gulfport Energy Corp ::GULFPORT ENERGY CORPORATION ANNOUNCES 2019 CAPITAL BUDGET AND NEW $400 MILLION STOCK REPURCHASE PROGRAM.GULFPORT ENERGY CORP - BUDGETED 2019 TOTAL CAPITAL EXPENDITURES OF $565 MILLION TO $600 MILLION TO BE FUNDED ENTIRELY WITHIN CASH FLOW.GULFPORT ENERGY CORP - FORECASTED 2019 FULL YEAR NET PRODUCTION IS ESTIMATED TO AVERAGE 1,360 MMCFE TO 1,400 MMCFE PER DAY.GULFPORT ENERGY CORP - FORECASTED 2019 FULL YEAR FREE CASH FLOW IN EXCESS OF $100 MILLION.GULFPORT ENERGY CORP - ANNOUNCED STOCK REPURCHASE PROGRAM TO ACQUIRE UP TO $400 MILLION OF OUTSTANDING COMMON STOCK WITHIN NEXT 24 MONTHS.  Full Article

Firefly Value Partners Sends Letter To Gulfport Energy Corp Board
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Firefly Value Partners: :FIREFLY VALUE PARTNERS SENDS LETTER TO GULFPORT ENERGY CORPORATION BOARD OF DIRECTORS.FIREFLY VALUE PARTNERS LP SAYS GULFPORT SHARES HAVE "UNDERPERFORMED THE BROADER MARKET AND GULFPORT'S PEER GROUP OVER THE LAST 1, 3 AND 5 YEARS".FIREFLY VALUE PARTNERS LP SAYS BELIEVES GULFPORT HAS OPPORTUNITY TO DRIVE SHAREHOLDER VALUE BY IMPLEMENTING $500 MILLION SHARE REPURCHASE PROGRAM.FIREFLY VALUE PARTNERS LP SAYS CALLS ON GULFPORT ENERGY FOR MORATORIUM ON FURTHER SHARE ISSUANCES.FIREFLY VALUE PARTNERS SAYS IT MANAGES FUNDS THAT, TOGETHER WITH AFFILIATES, COLLECTIVELY BENEFICIALLY OWN 8.1% OF OUTSTANDING STOCK OF GULFPORT ENERGY.FIREFLY VALUE PARTNERS SAYS "GULFPORT IS DEEPLY UNDERVALUED".FIREFLY VALUE PARTNERS SAYS BELIEVE ADDITION OF STOCKHOLDER REPRESENTATION WOULD "GREATLY ENHANCE" GULFPORT BOARD'S PERSPECTIVE.  Full Article

Gulfport Energy Corp Appoints David Wood as Chief Executive Officer
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Gulfport Energy Corp ::GULFPORT ENERGY CORPORATION APPOINTS DAVID M. WOOD PRESIDENT, CHIEF EXECUTIVE OFFICER AND MEMBER OF THE BOARD OF DIRECTORS.GULFPORT ENERGY CORP - WOOD WILL ALSO JOIN COMPANY'S BOARD OF DIRECTORS.GULFPORT ENERGY CORP - DONNIE MOORE, WHO SERVED AS INTERIM CHIEF EXECUTIVE OFFICER, WILL CONTINUE TO SERVE AS COMPANY'S CHIEF OPERATING OFFICER.  Full Article

Gulfport Energy Corp - On Nov 28, entered into a 13th amendment to amended and restated credit agreement
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Gulfport Energy Corp ::GULFPORT ENERGY CORP - ON NOV 28, ENTERED INTO A 13TH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF DECEMBER 27, 2013.GULFPORT ENERGY CORP - AMENDMENT INCREASES BORROWER'S FLEXIBILITY TO PURCHASE, REDEEM OR OTHERWISE ACQUIRE EQUITY INTERESTS OF BORROWER - SEC FILING.GULFPORT ENERGY CORP - BORROWING BASE WAS REAFFIRMED AT $1.4 BILLION, AND BORROWER'S ELECTED COMMITMENT AMOUNT REMAINED AT $1.0 BILLION.  Full Article

Gulfport Energy Q3 Adjusted Earnings Per Share $0.49
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Gulfport Energy Corp ::REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.49.Q3 EARNINGS PER SHARE $0.55.Q3 REVENUE $361 MILLION VERSUS I/B/E/S VIEW $356.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.36 -- THOMSON REUTERS I/B/E/S.NET PRODUCTION AVERAGED 1,427.5 MMCFE PER DAY DURING Q3 OF 2018.INCREASED ESTIMATED 2018 FULL YEAR NET PRODUCTION AND NOW FORECAST AN AVERAGE OF 1,360 MMCFE TO 1,370 MMCFE PER DAY.  Full Article