Gulfport Energy Corp Files 8-K
Ticker: GPOR · Form: 8-K · Filed: Sep 23, 2024 · CIK: 874499
| Field | Detail |
|---|---|
| Company | Gulfport Energy CORP (GPOR) |
| Form Type | 8-K |
| Filed Date | Sep 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $146.25, $24.9 million, $650 million, $97.40 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing, disclosure
Related Tickers: GPOR
TL;DR
Gulfport Energy (GPOR) filed an 8-K on 9/23 for an event on 9/19. Standard disclosure.
AI Summary
Gulfport Energy Corporation filed an 8-K on September 23, 2024, reporting an event on September 19, 2024. The filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934. Gulfport Energy Corporation is incorporated in Delaware and its principal executive offices are located in Oklahoma City, Oklahoma.
Why It Matters
This filing indicates a significant event has occurred for Gulfport Energy Corp, requiring immediate disclosure to the public and investors.
Risk Assessment
Risk Level: low — This is a standard regulatory filing (8-K) and does not inherently contain market-moving information without further context on the specific event.
Key Numbers
- 001-19514 — SEC File Number (Gulfport Energy Corp's SEC file number)
- 86-3684669 — IRS Employer Identification Number (Gulfport Energy Corp's IRS EIN)
Key Players & Entities
- GULFPORT ENERGY CORP (company) — Registrant
- 0001213900-24-081048 (filing_id) — Accession Number
- September 19, 2024 (date) — Earliest event date
- September 23, 2024 (date) — Filing date
- Oklahoma City, Oklahoma (location) — Principal executive offices
FAQ
What specific event triggered this 8-K filing for Gulfport Energy Corporation?
The filing is a 'Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934' and is dated September 19, 2024, but the specific event is not detailed in the provided text.
When was this 8-K filing submitted to the SEC?
The filing was submitted on September 23, 2024.
What is Gulfport Energy Corporation's state of incorporation?
Gulfport Energy Corporation is incorporated in Delaware.
Where are Gulfport Energy Corporation's principal executive offices located?
The principal executive offices are located at 713 Market Drive, Oklahoma City, Oklahoma, 73114.
What is the SEC file number for Gulfport Energy Corporation?
The SEC file number for Gulfport Energy Corporation is 001-19514.
Filing Stats: 548 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-09-23 16:30:42
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share GPOR New York Stock Excha
- $146.25 — $0.0001 ("Common Stock"), at a price of $146.25 per share, representing an approximate
- $24.9 million — te total consideration of approximately $24.9 million (the "Repurchase"). The Repurchase is e
- $650 million — chase is part of the Company's existing $650 million common share repurchase program and wil
- $97.40 — ck at a weighted-average share price of $97.40 per share since the inception of the re
- $476.1 million — urchase program, totaling approximately $476.1 million in aggregate. Following the Repurchase,
- $149.0 million — se, the Company will have approximately $149.0 million of remaining capacity under the common
Filing Documents
- ea0215312-8k_gulfport.htm (8-K) — 23KB
- 0001213900-24-081048.txt ( ) — 190KB
- gpor-20240919.xsd (EX-101.SCH) — 3KB
- gpor-20240919_lab.xml (EX-101.LAB) — 33KB
- gpor-20240919_pre.xml (EX-101.PRE) — 22KB
- ea0215312-8k_gulfport_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On September 19, 2024, Gulfport Energy Corporation (the "Company") entered into a purchase agreement (the "Purchase Agreement") with an account managed and advised by Silver Point Capital, L.P. (the "Selling Stockholder"). Pursuant to the Purchase Agreement, the Company agreed to purchase from the Selling Stockholder an aggregate of 170,000 shares of the Company's common stock, par value $0.0001 ("Common Stock"), at a price of $146.25 per share, representing an approximate 2% discount to the last reported per share sales price of Common Stock on the NYSE on September 19, 2024, and an aggregate total consideration of approximately $24.9 million (the "Repurchase"). The Repurchase is expected to close on September 25, 2024. The Repurchase is part of the Company's existing $650 million common share repurchase program and will reduce remaining availability thereunder. As of September 19, 2024 and prior to the Repurchase, the Company had repurchased approximately 4.9 million shares of common stock at a weighted-average share price of $97.40 per share since the inception of the repurchase program, totaling approximately $476.1 million in aggregate. Following the Repurchase, the Company will have approximately $149.0 million of remaining capacity under the common share repurchase program. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GULFPORT ENERGY CORPORATION Date: September 23, 2024 By: /s/ Michael Hodges Name: Michael Hodges Title: Chief Financial Officer 2