GPOR
Gulfport EnergyยทNYSE
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GPOR Profile
Gulfport Energy Corporation
A natural gas-weighted exploration and production company that primarily operates in the Appalachia and Anadarko basins
Oil, natural gas and consumer fuels
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05/18/2021
New York Stock Exchange
235
12-31
Common stock
713 Market Drive , Oklahoma City, Oklahoma 73114
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Gulfport Energy Corporation is incorporated in Delaware. The Company is an independent oil and gas exploration and production company dedicated to the exploration, extraction, acquisition and production of crude oil, natural gas liquids and natural gas in the United States. The company's corporate strategy is to clarify company expectations within the company, merge land around these expectations, and evaluate these expectations through underground geological and geophysical data and drilling. Using this strategy, the company has developed a portfolio of oil and natural gas, including proven reserves and development and drilling opportunities based on high-potential conventional and unconventional oil and natural gas expectations. The company's main assets are in the Utica Shale in eastern Ohio, the Louisiana Gulf Coast in West Cote Blanche Bay (WCBB), and the Hackberry District. In addition, the company has mining operations in the Niobrara and Bakken formations in northwestern Colorado. The company has a considerable oil sands area in Alberta, Canada, mainly through the company's equity in Grizzly Oil Sand Company, an entity of Diamondback Energy Co., Ltd. Diamondback Energy Incorporated is a listed company on the Nasdaq Global Select. In October 2012, shortly before the initial public offering of Diamondback Energy Co., Ltd., the Company donated its physical property rights in oil and gas properties in the Permian Basin and in Southeast Asia, including the Phu Horm oil and gas field in Thailand. The company hopes to achieve reserve growth and increase cash flow through the company's annual drilling projects.
