Gulfport Energy Corporation (GPOR)

NYSE Energy Oil & Gas Exploration & Production S&P SmallCap 600
$150.00
-5.08 (-3.28%)
Close of Nov 06, 2026 · end-of-day data

GPOR 8-K filings in 2024

Every material Form 8-K Gulfport Energy filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 2024515 on record in all
Latest filing in 2024Nov 05, 2024earnings
High impact (4-5)2of 5 briefs
ToneNegative1Mixed3Neutral1
earnings 4financing 1
Nov 5, 4:11 PM ET

Gulfport Energy reports $14.0 million Q3 net loss; buyback expanded to $1.0 billion

Mixed earnings Written later 2.027.01

Gulfport Energy reported a third-quarter 2024 net loss of $14.0 million, compared with net income of $608.4 million a year earlier, and revenue of $253.9 million, down from $266.7 million. The company expanded its common stock repurchase authorization by 54% to $1.0 billion and lowered its full-year 2024 drilling and completion capital guidance, which matters to shareholders because it changes how cash flow is allocated.

  • Net loss of $14.0 million in the quarter, versus net income of $608.4 million in the third quarter of 2023, which included a $554.7 million deferred tax benefit.
  • Total revenues of $253.9 million, down from $266.7 million; diluted loss of $0.83 per share, versus diluted earnings of $27.37 per share a year earlier.
  • Adjusted EBITDA of $178.1 million and adjusted free cash flow of $72.6 million, which the company said were above analyst consensus expectations.
  • Repurchase authorization raised 54% to $1.0 billion through December 31, 2025, with about $481.3 million of remaining capacity; 2024 drilling and completion capital guidance cut to $325 million to $335 million.
Read the filing on SEC.gov ↗
Sep 16, 9:00 AM ET

Gulfport Energy issues $650 million 6.750% senior notes due 2029 and expands credit facility

Neutral financing Written later 1.012.03

Gulfport Energy Operating Corporation, a subsidiary of Gulfport Energy Corporation, completed a $650 million private placement of 6.750% Senior Notes due September 1, 2029, on September 13, 2024. The company also amended its credit agreement to raise elected commitments from $900 million to $1.0 billion, with the borrowing base reaffirmed at $1.1 billion. The filing describes new debt obligations and standard limits on additional borrowing and dividends, which bear on shareholders' claims on future cash flow.

  • $650 million of 6.750% Senior Notes due September 1, 2029, issued September 13, 2024
  • Interest payable March 1 and September 1 each year, starting March 1, 2025
  • Credit facility elected commitments raised from $900 million to $1.0 billion; borrowing base reaffirmed at $1.1 billion
  • Credit facility maturity extended to four years from the Fourth Amendment closing date
Read the filing on SEC.gov ↗
Aug 6, 4:09 PM ET

Gulfport Energy swings to Q2 net loss of $26.2 million; revenue falls to $181.1 million

Negative earnings Written later 2.027.01

Gulfport reported a second-quarter 2024 net loss of $26.2 million, compared with net income of $93.7 million a year earlier, as total revenues fell to $181.1 million from $304.7 million. The company kept its full-year capital guidance unchanged and narrowed its 2024 production forecast, but reported profit and revenue declined sharply for shareholders.

  • Q2 2024 net loss of $26.2 million vs. net income of $93.7 million in Q2 2023; total revenues $181.1 million vs. $304.7 million
  • Diluted loss of $1.51 per share vs. diluted earnings of $4.18 per share a year earlier
  • 2024 production guidance narrowed to 1,055-1,070 MMcfe per day; capital expenditure guidance unchanged, with over $25 million in expected savings
  • Repurchased about $25.0 million of common stock in Q2 2024; about $188.8 million of repurchase capacity remained as of July 29, 2024
Read the filing on SEC.gov ↗
Apr 30, 4:07 PM ET

Gulfport Energy Q1 net income falls to $52.0 million; reaffirms 2024 guidance

Mixed earnings Written later 2.027.01

Gulfport Energy reported first-quarter 2024 net income of $52.0 million and total revenues of $283.2 million, down from $523.1 million and $731.2 million a year earlier, when derivative gains were larger. Adjusted EBITDA of $185.7 million and adjusted free cash flow of $38.8 million beat analyst consensus, and the company reaffirmed its full-year 2024 guidance while deferring some drilling to the second half of the year.

  • Net income was $52.0 million, versus $523.1 million in Q1 2023; diluted earnings per share were $2.34, versus $22.90.
  • Adjusted EBITDA was $185.7 million and adjusted free cash flow was $38.8 million, both above analyst consensus.
  • Full-year 2024 guidance was reaffirmed; about 65% of D&C capital expenditures are now expected in the first half of 2024.
  • Gulfport repurchased about $29.5 million of common stock in Q1 2024 and has about $220.9 million of remaining repurchase capacity.
Read the filing on SEC.gov ↗
Feb 27, 4:13 PM ET

Gulfport Energy Q4 net income falls to $245.7 million; full year rises to $1.5 billion

Mixed earnings Written later 2.027.01

Gulfport Energy reported fourth-quarter and full-year 2023 results and gave 2024 production and capital spending guidance. Fourth-quarter net income was $245.7 million, down from $748.6 million a year earlier, while full-year net income reached $1.5 billion, up from $494.7 million, helped by a $525.2 million deferred income tax benefit. The company plans 2024 base capital expenditures of $380 million to $420 million, which it says is about 10% lower than 2023, with flat production.

  • Q4 2023 total revenues were $489.1 million, versus $982.5 million in Q4 2022; net income was $245.7 million, versus $748.6 million.
  • Full-year 2023 net income was $1.5 billion, including a $525.2 million deferred income tax benefit; full-year total revenues were $1.79 billion, versus $1.33 billion in 2022.
  • 2024 guidance calls for production of 1,045 to 1,080 MMcfe per day and base capital expenditures of $380 million to $420 million.
  • Gulfport repurchased 1.5 million shares for $148.9 million in 2023, with about $236 million remaining under its buyback authorization as of February 26, 2024.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Gulfport Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →