Morningstar

Morningstar, Inc.

Equity Bottom-Up

Gulfport Energy is a natural gas producer with key assets in the Utica Shale and the South Central Oklahoma Oil Province, or SCOOP. It also holds a noncontrolling interest in Mammoth Energy Services, although this publicly traded noncore investment is likely to be sold. The proceeds, approximately $300 million, will probably go toward Gulfport's $400 million share-repurchase program.Returning cash to shareholders has become a priority for Gulfport, now that the company has transitioned into the…

Gulfport Energy delivered production of 1,264 million cubic feet of equivalent per day in the first quarter, which was 17% lower sequentially and 2% lower year over year. The decrease was not unexpected, following the strategic choice to wind down drilling activity at the end of 2018 to ensure the firm stayed within budget. Only nine wells were turned to sales during the period, and most of these came on line after March 25. But there was a flurry of completion activity, and management plans to…

United States

Gulfport Energy Corporation operates as an energy exploration and production company. The Company focuses on oil and natural gas exploration and production services. Gulfport Energy serves clients in the United States.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00