secwatch.observer — SEC 8-K summary
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Issuer:     GULFPORT ENERGY CORP (GPOR)
CIK:        0000874499
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001213900-23-015453
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gulfport Energy reports Q4 net income $748.6M, expands buyback to $400M, guides 2023 production up 2-6%
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- Q4 net income $748.6M; full-year net income $494.7M; adjusted EBITDA $768.4M.
- 2023 production guidance 1,000-1,040 MMcfe/d (2-6% YoY increase); capex $425-475M.
- Board expanded share repurchase program from $300M to $400M; 3.1M shares repurchased for $264.4M to date.
- Total proved reserves 4.0 Tcfe (+4% YoY); PV-10 $9.5B.
- Borrowing base increased to $1.0B; total debt reduced by $19M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874499/000121390023015453/0001213900-23-015453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874499/000121390023015453/ea174368-8k_gulfport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-015453

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