Gulfport Energy Corp.

Gulfport Energy Corp. today announced an update to its 2020 operational and financial guidance and provided an update on the Company’s ongoing cost savings initiatives. Key highlights are as follows: Optimized production profile to take advantage of higher commodity price environment in late 2020 and 2021 New forecasted 2020 full year net production to average 1,000 MMcfe to 1,075 MMcfe per day Plan continues to generate [...]

Gulfport Energy Corp. today reported financial and operational results for the three-months ended March 31, 2020 and provided an update on its 2020 activities. Key highlights are as follows: Reduced total long-term debt by approximately $79.6 million as of March 31, 2020 when compared to December 31, 2019 primarily through discounted bond repurchases Improved drilling efficiencies as measured by spud to total depth [...]

Gulfport Energy Corp. , today announced that its Board of Directors has unanimously adopted a tax benefits preservation plan to protect the ability of Gulfport to use its tax net operating losses under Section 382 of the Internal Revenue Code to reduce its future tax liabilities. As of December 31, 2019, Gulfport had approximately $1.3 billion of federal NOLs available to offset its future taxable income. Gulfport’s [...]

Firefly Value Partners, LP , which manages funds that, together with affiliates, collectively beneficially own 13.1% of the outstanding common stock of Gulfport Energy Corp. , today issued the following statement: “We continue to believe that Gulfport’s intrinsic value is far in excess of where Gulfport’s equity and debt trade today in the capital markets. The Company has great assets and strong free cash flow potential [...]

Gulfport Energy Corp. today scheduled its first quarter 2020 financial and operational results conference call. Gulfport will hold its first quarter 2020 earnings conference call on Friday, May 8, 2020 at 9:00 a.m. Central Time. Gulfport's first quarter 2020 earnings are scheduled to be released after the market close on Thursday, May 7, 2020. Interested parties may listen to the call via Gulfport’s website at [...]

Pomerantz LLP announces that a class action lawsuit has been filed against Gulfport Energy Corp. and certain of its officers. The class action, filed in United States District Court for the Southern District of New York, and indexed under 20-cv-02357, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Gulfport securities between May 3, 2019, and [...]

?Kaplan Fox & Kilsheimer LLP is investigating claims on behalf of investors of Gulfport Energy Corp. .? A complaint has been filed against the Company on behalf of investors that purchased Gulfport securities between May 3, 2019 and February 27, 2020, inclusive . On February 27, 2020, after the market closed, Gulfport disclosed that its previously issued financial statements for the three and nine months ended September [...]

Hagens Berman urges investors in Gulfport Energy Corp. who have suffered losses in excess of $100,000 to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: May 3, 2019 – Feb. 27, 2020 Lead Plaintiff Deadline: May 18, 2020 Sign Up: www.hbsslaw.com/investor-fraud/GPOR Contact An Attorney Now: GPOR@hbsslaw.com 844-916-0895 [...]

Pomerantz LLP is investigating claims on behalf of investors of Gulfport Energy Corp. . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Gulfport and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 27, 2020, Gulfport disclosed that its previously [...]

Firefly Value Partners, LP , which manages funds that, together with affiliates, collectively beneficially own 13.1% of the outstanding common stock of Gulfport Energy Corp. , today commented on a false statement in the press release issued by Gulfport in response to Firefly’s notice of its nomination of two candidates for election to the Company’s Board of Directors at the 2020 Annual Meeting of Stockholders [...]