Gulfport Energy Corp Files 8-K
Ticker: GPOR · Form: 8-K · Filed: Dec 23, 2024 · CIK: 874499
| Field | Detail |
|---|---|
| Company | Gulfport Energy CORP (GPOR) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $162.81, $12.9 million, $1 billion, $103.68 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, Regulation FD, Disclosure
TL;DR
Gulfport Energy filed an 8-K on Dec 23 for an event on Dec 19. Regulation FD disclosure.
AI Summary
Gulfport Energy Corporation filed an 8-K on December 23, 2024, reporting an event that occurred on December 19, 2024. The filing is related to Regulation FD Disclosure. The company is incorporated in Delaware and its principal executive offices are located in Oklahoma City, Oklahoma.
Why It Matters
This 8-K filing indicates a significant event or disclosure by Gulfport Energy Corporation, requiring immediate public notification under SEC regulations.
Risk Assessment
Risk Level: low — This filing is a standard 8-K for a Regulation FD disclosure, which typically does not involve immediate financial risk to the company.
Key Numbers
- 20241219 — Date of Earliest Event Reported (This is the date the event requiring the 8-K filing occurred.)
- 20241223 — Filing Date (This is the date the 8-K was officially filed with the SEC.)
Key Players & Entities
- GULFPORT ENERGY CORP (company) — Registrant
- 0000874499 (company) — Central Index Key
- 1311 (company) — Standard Industrial Classification Code
- 863684669 (company) — IRS Employer Identification Number
- Oklahoma City, Oklahoma (company) — Principal Executive Offices Location
- 4058488807 (company) — Business Phone Number
- WRT ENERGY CORP (company) — Former Company Name
- WESTERN RESOURCE TECHNOLOGIES INC (company) — Former Company Name
FAQ
What specific event triggered this Regulation FD Disclosure for Gulfport Energy Corporation?
The filing does not specify the exact event, only that it occurred on December 19, 2024, and falls under Regulation FD Disclosure.
What is Gulfport Energy Corporation's Standard Industrial Classification (SIC) code?
Gulfport Energy Corporation's SIC code is 1311, which corresponds to Crude Petroleum & Natural Gas.
When was Gulfport Energy Corporation incorporated?
Gulfport Energy Corporation was incorporated in Delaware.
What is the IRS Employer Identification Number for Gulfport Energy Corporation?
The IRS Employer Identification Number for Gulfport Energy Corporation is 86-3684669.
What were Gulfport Energy Corporation's former company names?
Gulfport Energy Corporation 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 2024-12-20 20:32:07
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share GPOR New York Stock Excha
- $162.81 — $0.0001 ("Common Stock"), at a price of $162.81 per share, representing a 2.25% discoun
- $12.9 million — te total consideration of approximately $12.9 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
- $103.68 — ck at a weighted-average share price of $103.68 per share since the inception of the re
- $566.1 million — urchase program, totaling approximately $566.1 million in aggregate. Following the Repurchase,
- $421.0 million — se, the Company will have approximately $421.0 million of remaining capacity under the common
Filing Documents
- ea0225536-8k_gulfport.htm (8-K) — 23KB
- 0001213900-24-111357.txt ( ) — 190KB
- gpor-20241219.xsd (EX-101.SCH) — 3KB
- gpor-20241219_lab.xml (EX-101.LAB) — 33KB
- gpor-20241219_pre.xml (EX-101.PRE) — 22KB
- ea0225536-8k_gulfport_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On December 19, 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 79,410 shares of the Company's common stock, par value $0.0001 ("Common Stock"), at a price of $162.81 per share, representing a 2.25% discount to the last reported per share sales price of Common Stock on the NYSE on December 19, 2024, and an aggregate total consideration of approximately $12.9 million (the "Repurchase"). The Repurchase is expected to close on December 26, 2024. The Repurchase is part of the Company's existing $1 billion common share repurchase program and will reduce remaining availability thereunder. As of December 19, 2024, and prior to the Repurchase, the Company had repurchased approximately 5.5 million shares of common stock at a weighted-average share price of $103.68 per share since the inception of the repurchase program, totaling approximately $566.1 million in aggregate. Following the Repurchase, the Company will have approximately $421.0 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: December 20, 2024 By: /s/ Michael Hodges Name: Michael Hodges Title: Chief Financial Officer 2