Gulfport Energy Corp. announced today that it will host a teleconference and webcast to discuss its fourth quarter and year end 2021 results beginning at 9:00 a.m. ET on Tuesday, March 1, 2022. Gulfport plans to issue a news release containing its fourth quarter and year end 2021 financial and operational results on Monday, February 28, 2022, after market close. The conference call can be heard live through a link on the [...]
Gulfport Energy Corp. today reported financial and operating results for the three months and nine months ended September 30, 2021 and provided an updated 2021 development plan and financial guidance. Highlights Amended credit facility increasing liquidity by more than $160 million Authorized stock repurchase program to acquire up to $100 million of outstanding common stock Completed six-well Angelo pad in the Utica [...]
Gulfport Energy Corp. announced today that it will host a teleconference and webcast to discuss its third quarter 2021 results beginning at 9:00 a.m. ET on Wednesday, November 3, 2021. Gulfport plans to issue a news release containing its third quarter 2021 financial and operational results on Tuesday, November 2, 2021, after market close. The conference call can be heard live through a link on the Gulfport website [...]
Gulfport Energy Corp. today announced that it has entered into the Third Amended and Restated Credit Agreement , which amends and refinances the Company's Credit Agreement, dated as of May 17, 2021 . "Gulfport continues to make progress in strengthening its financial position, today announcing the successful amendment to its exit facility. The amended facility increases our liquidity by more than $160 million, which is [...]
Gulfport Energy Corp. today reported financial and operating results for the three months and six months ended June 30, 2021 and provided its 2021 development plan and financial guidance. Second Quarter 2021 Highlights Emerged from restructuring process on May 17, 2021 Right-sized firm transportation commitments and negotiated new, cost-competitive midstream agreements to better align with operating plan Reduced total [...]
Gulfport Energy Corp. announced today that it will host a teleconference and webcast to discuss its second quarter 2021 results beginning at 9:00 a.m. ET on Friday, August 6, 2021. Gulfport plans to issue a news release containing its second quarter 2021 financial and operational results on Thursday, August 5, 2021, after market close. The conference call can be heard live through a link on the Gulfport website [...]
Gulfport Energy Corp. today announced that it has successfully completed its restructuring process and emerged from chapter 11 protection. As contemplated by Gulfport's Plan of Reorganization that was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on April 28, 2021, Gulfport has exited bankruptcy with a new Board of Directors; a strengthened balance sheet, with $853 million of total debt [...]
Gulfport Energy Corp. today announced that the United States Bankruptcy Court for the Southern District of Texas granted approval of all Gulfport’s “first day” motions, authorizing, among other things, Gulfport to continue paying royalties, employee wages and benefits, and certain vendors and suppliers in the ordinary course of business for goods and services provided, and to enter into new hedging arrangements in [...]
Gulfport Energy Corp. today announced that it has entered into a Restructuring Support Agreement with over 95% of its revolving credit facility lenders and certain noteholders holding over two-thirds of the outstanding aggregate principal amount of its senior unsecured notes. Attached to the RSA is a “pre-negotiated” restructuring plan that will strengthen Gulfport’s balance sheet, significantly reduce its funded debt [...]
Gulfport Energy Corp. today reported financial and operational results for the three months and six months ended June 30, 2020 and provided an update on its 2020 activities. Key highlights are as follows: Continued improvement in well costs with Utica Shale and SCOOP total costs per lateral foot for the six-month period declining by 18% and 31%, respectively, versus full year 2019 levels Reported net loss of $561.1 [...]
Gulfport Energy Corp. announced the date and time of its conference call to discuss financial and operational results for the second quarter of 2020. Gulfport will hold its second quarter 2020 earnings conference call on Wednesday, August 5, 2020 at 9:00 a.m. Central Time. Gulfport's second quarter 2020 earnings are scheduled to be released after the market close on Tuesday, August 4, 2020. Interested parties may listen [...]
Gulfport Energy Corp. today announced that, due to the public health impact of the coronavirus pandemic, related governmental actions and the importance of safeguarding the health of its stockholders, employees and directors, the Company will hold its 2020 Annual Meeting of Stockholders solely by means of remote communication . Stockholders will not be able to attend the Annual Meeting in person. As previously announced [...]
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