GPOR

Gulfport Energy Corporation is an independent natural gas-weighted exploration and production company focused on developing natural gas, crude oil, and natural gas liquid (NGL) reserves in the United States. Headquartered in Oklahoma City, Oklahoma, the company operates primarily in the Utica Shale of Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in central Oklahoma. Gulfport concentrates on acquiring, exploring, and developing unconventional natural gas and oil properties through horizontal drilling and hydraulic fracturing techniques. The company emerged from Chapter 11 bankruptcy in May 2021 with a significantly strengthened balance sheet, eliminating approximately $1.2 billion in debt and positioning itself for sustainable operations. Following its reorganization, Gulfport has focused on maintaining capital discipline while optimizing its asset base through strategic divestitures and operational efficiency improvements. The company operates substantial acreage positions in its core areas, with the Utica Shale representing its largest concentration of natural gas production. Gulfport employs advanced drilling technologies and multi-well pad development to maximize recovery rates and reduce per-unit costs. As a pure-play natural gas producer, the company's financial performance remains closely tied to commodity price fluctuations, particularly natural gas prices. The company has implemented a strategy emphasizing free cash flow generation, debt reduction, and returning capital to shareholders through its restructured operational framework.