---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-023623"
form_type: "8-K"
ticker: "GPOR"
cik: "0000874499"
company_name: "GULFPORT ENERGY CORP"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:47:34.677551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gulfport Energy reports Q1 adjusted EBITDA $235M, expands buyback to $200M, raises FCF guidance

## Summary
- Q1 net loss $492M (GAAP) on $481M revenue; adjusted EBITDA $235.3M; free cash flow $116.8M.
- Expanded stock repurchase program from $100M to $200M authorization; repurchased 748k shares for $63M YTD.
- Raised 2022 capital expenditure forecast to $380-$420M; increased free cash flow guidance to $375-$425M at current strip.
- Spring borrowing base redetermined to $1B (from $850M), maintaining $700M lender commitments; eased hedging and restricted payment covenants.
- Q1 net production averaged 1,008 MMcfe/day (92% gas); Utica and SCOOP drove volumes; capital investment $100.4M.

## SEC filing metadata
- accession: 0001213900-22-023623
- form_type: 8-K
- ticker: GPOR
- cik: 0000874499
- company_name: GULFPORT ENERGY CORP
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874499/000121390022023623/0001213900-22-023623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874499/000121390022023623/ea159294-8k_gulfport.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-023623
- JSON: https://secwatch.observer/filing/0001213900-22-023623.json
- Plain text: https://secwatch.observer/filing/0001213900-22-023623.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.