Gulfport Energy Corp Files 8-K
Ticker: GPOR · Form: 8-K · Filed: Nov 26, 2024 · CIK: 874499
| Field | Detail |
|---|---|
| Company | Gulfport Energy CORP (GPOR) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $175.60, $26.3 million, $1 billion, $101.05 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, regulation-fd
TL;DR
Gulfport Energy filed an 8-K on Nov 26 for an event on Nov 21. Check for Reg FD updates.
AI Summary
Gulfport Energy Corporation filed an 8-K on November 26, 2024, reporting an event on November 21, 2024. The filing is related to Regulation FD Disclosure. Gulfport Energy Corporation is incorporated in Delaware and its principal executive offices are located in Oklahoma City, Oklahoma.
Why It Matters
This 8-K filing indicates a disclosure event for Gulfport Energy Corporation, which could contain material information relevant to investors.
Risk Assessment
Risk Level: low — This filing is a standard 8-K for a Regulation FD disclosure, which typically contains routine corporate information.
Key Numbers
- 001-19514 — SEC File Number (Identifies the company's filing with the SEC.)
- 86-3684669 — IRS Employer Identification Number (Company's tax identification number.)
Key Players & Entities
- Gulfport Energy Corporation (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Oklahoma City, Oklahoma (location) — Principal Executive Offices
- November 21, 2024 (date) — Date of earliest event reported
- November 26, 2024 (date) — Date of report
FAQ
What specific event triggered the Regulation FD Disclosure on November 21, 2024?
The filing does not specify the exact event, only that it is a Regulation FD Disclosure.
What is the primary business of Gulfport Energy Corporation?
Gulfport Energy Corporation is in the Crude Petroleum & Natural Gas industry, SIC code 1311.
When was Gulfport Energy Corporation incorporated?
The company is incorporated in Delaware.
What is the phone number for Gulfport Energy Corporation's principal executive offices?
The telephone number is (405) 252-4600.
Has Gulfport Energy Corporation undergone any previous name changes?
Yes, it was formerly known as WRT Energy Corp and Western Resource Technologies Inc.
Filing Stats: 547 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-11-25 21:27:32
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share GPOR New York Stock Excha
- $175.60 — $0.0001 ("Common Stock"), at a price of $175.60 per share, representing a 1.2% discount
- $26.3 million — te total consideration of approximately $26.3 million (the "Repurchase"). The Repurchase is e
- $1 billion — chase is part of the Company's existing $1 billion common share repurchase program and wil
- $101.05 — ck at a weighted-average share price of $101.05 per share since the inception of the re
- $532.0 million — urchase program, totaling approximately $532.0 million in aggregate. Following the Repurchase,
- $441.7 million — se, the Company will have approximately $441.7 million of remaining capacity under the common
Filing Documents
- ea0222543-8k_gulfport.htm (8-K) — 22KB
- 0001213900-24-102363.txt ( ) — 190KB
- gpor-20241121.xsd (EX-101.SCH) — 3KB
- gpor-20241121_lab.xml (EX-101.LAB) — 33KB
- gpor-20241121_pre.xml (EX-101.PRE) — 22KB
- ea0222543-8k_gulfport_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On November 21, 2024, Gulfport Energy Corporation (the "Company") entered into a purchase agreement (the "Purchase Agreement") with certain accounts managed and advised by Silver Point Capital, L.P. (the "Selling Stockholders"). Pursuant to the Purchase Agreement, the Company agreed to purchase from the Selling Stockholders an aggregate of 150,000 shares of the Company's common stock, par value $0.0001 ("Common Stock"), at a price of $175.60 per share, representing a 1.2% discount to the last reported per share sales price of Common Stock on the NYSE on November 21, 2024, and an aggregate total consideration of approximately $26.3 million (the "Repurchase"). The Repurchase is expected to close on December 2, 2024. The Repurchase is part of the Company's existing $1 billion common share repurchase program and will reduce remaining availability thereunder. As of November 21, 2024, and prior to the Repurchase, the Company had repurchased approximately 5.3 million shares of common stock at a weighted-average share price of $101.05 per share since the inception of the repurchase program, totaling approximately $532.0 million in aggregate. Following the Repurchase, the Company will have approximately $441.7 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: November 25, 2024 By: /s/ Michael Hodges Name: Michael Hodges Title: Chief Financial Officer 2