| Market Capitalization (Millions $) |
2,617 |
| Shares
Outstanding (Millions) |
19 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
2,285 |
| Net Income (TTM) (Millions $) |
1,747 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
421 |
Gulfport Energy Corp
We are an independent oil and natural gas exploration and production company focused
on the exploration, exploitation, acquisition and production of natural gas, natural
gas liquids and crude oil in the United States. Our principal properties are located
in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast
in the West Cote Blanche Bay, or WCBB, and Hackberry fields. In December 2016,
we entered into a definitive agreement to purchase oil and natural gas assets
including 46,400 net surface acres with multiple producing zones, including the
Woodford and Springer formations, in Grady, Stephens, and Garvin counties, Oklahoma,
(see "- Our Pending Acquisition" below) which we expect to complete
in February 2017. In addition, we have an interest in producing properties in
the Niobrara Formation of Northwestern Colorado and the Bakken Formation. We also
hold a significant acreage position in the Alberta oil sands in Canada through
our interest in Grizzly Oil Sands ULC, or Grizzly, and an interest in an entity
that operates in the Phu Horm gas field in Thailand. We also hold an approximate
24.2% equity interest in Mammoth Energy Services, Inc., or Mammoth Energy, an
oil field services company listed on the NASDAQ Global Select Market, to which
we contributed our membership interest in Mammoth Partners LLC (previously, Mammoth
Energy Partners LP) in connection with Mammoth Energy’s initial public offering
completed on October 19, 2016. We seek to achieve reserve growth and increase
our cash flow through our annual drilling programs.
Company Address: 713 Market Drive Oklahoma City, 73114 OK
Company Phone Number: 252-4600 Stock Exchange / Ticker: NYSE GPOR
| GPOR is expected to report next financial results on February 29, 2024. |
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