secwatch.observer — SEC 8-K summary
======================================

Issuer:     GULFPORT ENERGY CORP (GPOR)
CIK:        0000874499
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001213900-24-065656
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gulfport Energy Q2 net loss $26.2M; adjusted EBITDA $164.4M; production 1,050 MMcfe/d
--------------------------------------------------------------------------------

- GAAP net loss $26.2M (diluted EPS -$1.51); adjusted net income $54.0M; adjusted EBITDA $164.4M.
- Total production averaged 1,050.1 MMcfe/d (92% gas); capital expenditures $122.2M; adjusted free cash flow $20.2M.
- Repurchased ~160.6k shares for $25.0M in Q2; remaining capacity $188.8M under buyback program.
- Full-year 2024 production guidance narrowed to 1,055-1,070 MMcfe/d; $25M capex savings from operational efficiencies.
- Plans $45M in discretionary acreage acquisitions in 2024; $19M deployed in Q2; liquidity $707.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874499/000121390024065656/0001213900-24-065656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874499/000121390024065656/ea0210682-8k_gulfport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-065656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer