Gulfport Energy Corp Stock Price, News & Analysis

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on March 1, 2023 at 9:00 a.m. ET to discuss its fourth quarter and full year 2022 results along with a 2023 outlook. The company plans to release its 2022 financial results on February 28, 2023, after market close. Investors can access the call through the Gulfport website or by dialing 866-373-3408 domestically, with a replay available until March 15, 2023. Gulfport focuses on natural gas exploration and production in the U.S., particularly in the Appalachia and Anadarko basins.

Gulfport Energy Corporation (NYSE: GPOR) has announced the appointment of John Reinhart as President, Chief Executive Officer, and Director, effective January 24, 2023. He succeeds Tim Cutt, who remains as Chairman of the Board. Cutt praised Reinhart's track record in operational excellence and leadership. Reinhart brings over two decades of experience in the oil and gas industry, previously serving as CEO of Montage Resources and Blue Ridge Mountain Resources. Gulfport focuses on natural gas exploration and production, primarily in the Appalachian and Anadarko basins.

Gulfport Energy Corporation (GPOR) reported a net production of 914.9 MMcfe per day for Q3 2022, with a net loss of $18.5 million and adjusted EBITDA of $172.7 million. The company reaffirmed a borrowing base of $1.0 billion and returned approximately $232.8 million to shareholders via repurchases. A top hole drilling rig will enhance efficiency in its 2023 development plan, with updated free cash flow guidance of $300 million for 2022. Gulfport expects a production increase of over 15% in Q4 2022, while maintaining a commitment to low-carbon energy production.

Gulfport Energy Corporation (NYSE: GPOR) will hold a teleconference and webcast on November 2, 2022, at 9:30 a.m. ET to discuss its third quarter 2022 results. A news release detailing its financial and operational performance will be issued after the market close on November 1, 2022. Investors can access the conference call via the Gulfport website or by dialing 866-373-3408 domestically. An audio replay will be available from November 3 to November 17, 2022.

Gulfport Energy Corporation (GPOR) reported strong Q2 2022 results with a net production of 959.1 MMcfe per day and $256.6 million net income. Adjusted EBITDA reached $204.5 million, while free cash flow stood at $80.3 million. The company expanded its stock repurchase program from $200 million to $300 million and has repurchased 2.2 million shares totaling $189.3 million. Despite inflationary pressures and a 45-day delay in Utica completion, Gulfport affirmed strong free cash flow outlook and updated its production guidance for the year.

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference to discuss its second quarter 2022 results on August 3, 2022, at 9:00 a.m. ET. A news release detailing the financial and operational results will be issued on August 2, 2022, after market close. Investors can listen live via the Gulfport website or by phone. The teleconference replay will be available from August 4 to August 18, 2022. Gulfport focuses on natural gas exploration and production, primarily in the Appalachia and Anadarko basins.

Gulfport Energy Corporation (NYSE: GPOR) reported Q1 2022 results, highlighting net production of 1,008 MMcfe per day and an adjusted EBITDA of $235.3 million. The company faced a net loss of $492 million but generated $253.7 million in net cash from operations. Gulfport expanded its stock repurchase program from $100 million to $200 million, repurchasing 748,000 shares for $63 million. The 2022 capital expenditure outlook increased to $400 million, with forecasted free cash flow now between $375 million and $425 million.

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on May 4, 2022, at 9:00 a.m. ET to discuss its first quarter 2022 results. A news release with financial and operational results will be issued on May 3, 2022, after market close. Participants can join the conference call via Gulfport's website or by dialing 866-373-3408 domestically. A replay will be available from May 5-19, 2022. Gulfport focuses on the exploration and production of natural gas and oil in the U.S., primarily in the Appalachia and Anadarko basins.

Gulfport Energy Corporation (NYSE: GPOR) reported its financial results for Q4 and full year 2021, achieving a net income of $558.1 million and adjusted EBITDA of $224.9 million. The company generated $128.3 million in net cash from operations and $133.9 million in free cash flow. Gulfport plans to invest approximately $360 million in 2022, anticipating over 5% production growth. The company authorized a $100 million stock repurchase program and reported proved reserves of 3.9 Tcfe, with discounted future net cash flows of $4.1 billion.