
Gulfport Energy Operating Corporation, founded in 1997 and headquartered in Oklahoma City, is an independent oil and natural gas exploration and production company. The company's primary focus is on the development of hydrocarbons with a notable portfolio in the Utica and SCOOP (South Central Oklahoma Oil Province) plays.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
GPOR 6.75% 2029-09-01 USDGulfport Energy Operating Corporation | United States | 2029-09-01 | 6.750 | 6.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Gulfport has a history of actively engaging in bond issuances to support its growth initiatives and operational expenditures. The company first issued bonds in the early 2000s, with significant benchmark issuances including a $500 million offering in 2017 that was tied to capital-raising efforts amidst expanding drilling operations. As of October 2023, Gulfport's bonds are yielding approximately 7%, positioning them competitively within the sector. Notably, the company has issued convertible notes and other debt instruments that feature attractive terms, allowing it flexibility in managing capital while pursuing its strategic goals.