secwatch.observer — SEC 8-K summary
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Issuer:     GULFPORT ENERGY CORP (GPOR)
CIK:        0000874499
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001213900-24-017528
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gulfport Energy reports Q4 net income $245.7M, adjusted EBITDA $190.8M; 2024 guidance flat production
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- Q4 production 1,063.3 MMcfe/d above consensus; net income $245.7M, adjusted EBITDA $190.8M.
- Full year 2023 net income $1.5B, adjusted EBITDA $725.0M; production at high end of increased guidance.
- FY2024 guidance: production 1,045-1,080 MMcfe/d, base capex $380-420M, focusing on liquids-rich development.
- Plan to allocate substantially all adjusted FCF (ex-acquisitions) to share repurchases; $236M buyback capacity remaining.
- Added ~1.5 years of inventory via Utica acreage acquisitions and delineated Marcellus liquids locations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874499/000121390024017528/0001213900-24-017528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874499/000121390024017528/ea0200758-8k_gulfport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-017528

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