STOCK TITAN

Gulfport Energy (NYSE: GPOR) plans $17.2M stock buyback deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Gulfport Energy Corporation agreed to repurchase 84,416 shares of its common stock from accounts managed by Silver Point Capital at $204.22 per share, a 2.3% discount to the last reported NYSE price on March 2, 2026. The transaction totals approximately $17.2 million and is part of the company’s existing $1.5 billion share repurchase program, reducing the remaining capacity under that authorization. The repurchase is expected to close on March 9, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): March 3, 2026

 

GULFPORT ENERGY CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   001-19514   86-3684669
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

 

713 Market Drive

Oklahoma City, Oklahoma

  73114
(Address of principal executive offices)   (Zip code)

 

(405) 252-4600

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities Registered Pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   GPOR   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On March 3, 2026 Gulfport Energy Corporation (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with certain accounts managed and advised by Silver Point Capital, L.P. (the “Selling Stockholders”). Pursuant to the Purchase Agreement, the Company agreed to purchase from the Selling Stockholders an aggregate of 84,416 shares of the Company’s common stock, par value $0.0001 (“Common Stock”), at a price of $204.22 per share, representing a 2.3% discount to the last reported per share sales price of Common Stock on the NYSE on March 2, 2026, and an aggregate total consideration of approximately $17.2 million (the “Repurchase”). The Repurchase is expected to close on March 9, 2026.

 

The Repurchase is part of the Company’s existing $1.5 billion common share repurchase program and will reduce remaining availability thereunder.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  GULFPORT ENERGY CORPORATION
   
Date: March 4, 2026 By: /s/ Michael Hodges
  Name:  Michael Hodges
  Title: Chief Financial Officer

 

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FAQ

What did Gulfport Energy (GPOR) announce in this 8-K filing?

Gulfport Energy announced a share repurchase agreement to buy 84,416 common shares from accounts managed by Silver Point Capital. The deal is part of its existing $1.5 billion repurchase program and represents about $17.2 million of stock buybacks at a negotiated discount.

How many Gulfport Energy (GPOR) shares are being repurchased and at what price?

Gulfport Energy is repurchasing 84,416 common shares at a price of $204.22 per share. This negotiated price reflects a 2.3% discount to the last reported NYSE trading price of the company’s stock on March 2, 2026, totaling approximately $17.2 million.

Who is selling the Gulfport Energy (GPOR) shares in this repurchase?

The shares are being sold by certain accounts managed and advised by Silver Point Capital, L.P. Gulfport Energy entered into a purchase agreement with these selling stockholders to buy back 84,416 common shares as part of its broader $1.5 billion authorized repurchase program.

When is Gulfport Energy’s (GPOR) $17.2 million share repurchase expected to close?

The share repurchase transaction is expected to close on March 9, 2026. Gulfport Energy has already entered into a purchase agreement with the Silver Point Capital accounts, and closing will complete the $17.2 million buyback under the company’s existing repurchase authorization.

How does this transaction affect Gulfport Energy’s (GPOR) existing repurchase program?

This transaction uses approximately $17.2 million of Gulfport Energy’s existing $1.5 billion common share repurchase program. Completing the deal will reduce the remaining availability under that authorization while decreasing the number of outstanding shares held by the Silver Point Capital-managed accounts.

Filing Exhibits & Attachments

3 documents
Gulfport Energy Corp

NYSE:GPOR

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3.91B
19.19M
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
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