Gulfport Energy Corp SEC Filings

Gulfport Energy Corporation (GPOR) filed a Form 144 reporting a proposed sale of 600 Class A common shares through J.P. Morgan Securities LLC, with an aggregate market value of 102,942 and an approximate sale date of 09/09/2025 on the NYSE. The filing shows the shares were acquired as vested RSUs from the issuer on 05/23/2025; the filer received 964 shares on that date and intends to sell part of that holding. There are 17,894,932 shares outstanding, so the proposed sale represents a very small fraction of the total. The filer certifies no undisclosed material adverse information and reports no other sales in the past three months.

Silver Point Capital, L.P. and two individuals filed Amendment No. 14 to their Schedule 13D for Gulfport Energy Corporation (GPOR). The amendment reports that on September 4, 2025 the reporting persons converted all 23,743 shares of Preferred Stock they held into 1,741,150 shares of Common Stock following the issuer's redemption notice. After the conversion the reporting persons beneficially own 3,739,920 shares of common stock, calculated as 19.4% using 17,561,724 previously outstanding shares plus the 1,741,150 issued on conversion. The issuer later disclosed approximately 2.1 million additional common shares outstanding, which would make the reporting persons' ownership about 19.0% as of September 5, 2025. The amendment adds a joint filing agreement and references existing cooperation and registration rights agreements.

Gulfport Energy (GPOR) insiders filed a Form 4 reporting a conversion and related share changes dated 09/04/2025. Silver Point Capital L.P. and related reporting persons recorded the conversion of Series A Convertible Preferred Stock, with 23,743 preferred shares referenced and 1,741,150 common shares acquired in the transaction. After the reported transactions, the group beneficially owned 3,739,920 common shares. An additional 770 common shares are reported as held indirectly. The filing lists Silver Point Capital L.P., Silver Point Capital Management, LLC, Edward A. Mule and Robert J. O'Shea as reporting persons and includes standard disclaimers that the entities disclaim beneficial ownership except to the extent of pecuniary interest.

Gulfport Energy (GPOR) posted a sharp turnaround in Q2 2025. Total revenue jumped 147 % YoY to $447.6 million, propelled by a $136.1 million gain on commodity derivatives and stronger realized prices. Operating costs were largely flat, allowing operating income to swing to $250.8 million from a $18.1 million loss. Net income reached $184.5 million ($9.12 diluted EPS) versus a $26.2 million loss a year earlier.

For the six-month period, revenue rose 38 % to $644.7 million and net income climbed to $184.0 million. Operating cash flow increased 31 % to $408.7 million, comfortably covering $254 million of capex and supporting aggressive capital returns: $125 million spent repurchasing 0.68 million shares YTD, bringing cumulative buybacks to $709 million (6.2 million shares).

Balance sheet: Cash grew to $3.8 million; total debt fell to $695.2 million after the early redemption of all remaining 8.0 % 2026 notes. Only $55 million is drawn on the $1 billion revolving credit facility, with compliance well inside covenant limits. Preferred conversions lowered mezzanine equity to $31.4 million (≈2.2 million potential common shares).

Key metrics YoY

• Natural-gas sales: $241.2 M (+67 %)
• NGL sales: $28.7 M (+10 %)
• LOE per quarter: $17.6 M (+11 %)
• Transportation expense stable at $86.5 M

Outlook: With an unutilized borrowing base of ~$881 million and active hedging through 2027, GPOR retains liquidity for continued Utica/SCOOP development and buybacks, though future earnings remain sensitive to commodity price swings once hedge gains normalize.