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Stock impact report

Firefly Value Partners Calls on Gulfport to Schedule 2020 Annual Meeting

Gulfport Energy Corporation Common Shares (GPOR) 
Last gulfport energy corporation common shares earnings: 2/27 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gulfportenergy.com
Company Research Source: Business Wire
Gulfport Needs a Board that Understands How to Create Shareholder Value from the Company’s Assets and Opportunities NEW YORK--(BUSINESS WIRE)--Firefly Value Partners, LP (together with its affiliates, “Firefly”), which manages funds that, together with affiliates, collectively beneficially own 13.1% of the outstanding common stock of Gulfport Energy Corporation (“Gulfport” or the “Company”) (Nasdaq: GPOR), today issued the following statement:“We continue to believe that Gulfport’s intrinsic value is far in excess of where Gulfport’s equity and debt trade today in the capital markets. The Company has great assets and strong free cash flow potential, and unlike many other industries in the current economic landscape, the natural gas sector is in a position of strength.Nevertheless, markets have assigned Gulfport’s securities a discounted valuation, with a share price that is down roughly 33% this year, lagging its low-cost Appalachian peers.1 We believe that a portion of this discou Show less Read more
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