Gulfport Energy Corporation operates as an independent exploration and production company with a strong emphasis on natural gas, alongside crude oil and natural gas liquids (NGLs). The company's asset base is concentrated in two primary North American regions: the Appalachia Basin in eastern Ohio, where it targets the Utica and Marcellus shale formations, and the Anadarko Basin in central Oklahoma, focusing on the SCOOP Woodford and SCOOP Springer formations. Following a Chapter 11 restructuring in 2020, Gulfport emerged in 2021 with a significantly deleveraged balance sheet and a renewed strategic focus. The company utilizes modern horizontal drilling and hydraulic fracturing techniques to optimize production from its unconventional resource plays. Gulfport's corporate strategy centers on maintaining low leverage, generating predictable free cash flow, and returning capital to shareholders through share repurchases.
