Has Gulfport re leased you - GoMarcellusShale.com2024-03-28T22:33:03Zhttps://gomarcellusshale.com/forum/topics/has-gulfport-re-leased-you?commentId=2274639%3AComment%3A744433&feed=yes&xn_auth=noI wonder how long it will tak…tag:gomarcellusshale.com,2020-03-01:2274639:Comment:8242912020-03-01T21:35:54.944Zshakeshalehttps://gomarcellusshale.com/profile/shakeshale
I wonder how long it will take for them to file<br />
They are releasing leases in Monroe and Belmont<br />
You think they would assign them or mortgage them for capital
I wonder how long it will take for them to file<br />
They are releasing leases in Monroe and Belmont<br />
You think they would assign them or mortgage them for capital Gulfport Energy reports $2B l…tag:gomarcellusshale.com,2020-03-01:2274639:Comment:8243812020-03-01T14:31:44.732ZJoe C.https://gomarcellusshale.com/profile/NickC6648
<h1 class="headline is-not-truncated">Gulfport Energy reports $2B loss</h1>
<p class="article-summary">The Oklahoma City-based company has more than 400 Utica wells in Ohio.</p>
<p>The driller with the third most Utica Wells in Ohio lost $2 billion last year.</p>
<p>Gulfport Energy held a phone call Friday with investors to discuss its earnings.</p>
<p>The loss was equal to $12.49 per diluted share.</p>
<p>The Oklahoma City-based company has more than 400 Utica wells in Ohio, the most of any…</p>
<h1 class="headline is-not-truncated">Gulfport Energy reports $2B loss</h1>
<p class="article-summary">The Oklahoma City-based company has more than 400 Utica wells in Ohio.</p>
<p>The driller with the third most Utica Wells in Ohio lost $2 billion last year.</p>
<p>Gulfport Energy held a phone call Friday with investors to discuss its earnings.</p>
<p>The loss was equal to $12.49 per diluted share.</p>
<p>The Oklahoma City-based company has more than 400 Utica wells in Ohio, the most of any publicly traded company, and is only behind privately held <strong>Encino Acquisition Partners and Ascent Resources in total wells</strong>.</p>
<p>Gulfport’s fourth quarter revenue was $281 million, down a third from the last quarter of 2018. Annual was held level at $1.35 billion.</p>
<p>In Ohio, Gulfport has 205,000 net acres under lease, 65 percent of which are held by production.</p>
<p>Last year, the company drilled 16 wells and began production from nearly 45 wells in the Utica Shale.</p>
<p>Gulfport’s annual production from Utica wells was equivalent to almost 400 billion cubic feet of natural gas, about 80 percent of the company’s total production.</p>
<p>The company said it plans to spend up to $310 million on capital projects this year, about half of what it spent in 2019.</p>
<p>Gulfport plans to use some of that money to operate one rig in the Utica to drill 16 wells. The company also plans to begin production from 18 Utica wells this year.</p>
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<p></p> Gulfport's management style i…tag:gomarcellusshale.com,2020-03-01:2274639:Comment:8241912020-03-01T13:06:53.499ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Gulfport's management style is non-existent. Their entire Board of Directors has flipped three times in the past five years. They keep bringing in different species of sub-primates and pay them millions of dollars per year for their inabilities. </p>
<p>Gulfport's management style is non-existent. Their entire Board of Directors has flipped three times in the past five years. They keep bringing in different species of sub-primates and pay them millions of dollars per year for their inabilities. </p> Exactly! I figured that's why…tag:gomarcellusshale.com,2020-03-01:2274639:Comment:8243792020-03-01T13:02:19.950ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Exactly! I figured that's why they divided their company up and we were put under "Gulfport Appalachia" so that they could simply start chopping themselves up into little bits and pieces and either sell each off individually or file bankruptcy on each individually. </p>
<p>Exactly! I figured that's why they divided their company up and we were put under "Gulfport Appalachia" so that they could simply start chopping themselves up into little bits and pieces and either sell each off individually or file bankruptcy on each individually. </p> They just reported a 2 billio…tag:gomarcellusshale.com,2020-03-01:2274639:Comment:8242842020-03-01T03:41:36.716Zshakeshalehttps://gomarcellusshale.com/profile/shakeshale
They just reported a 2 billion dollar loss for all of 2019<br />
I wouldn’t look for them to be signing leases<br />
Maybe a name change after they file for Bankruptcy
They just reported a 2 billion dollar loss for all of 2019<br />
I wouldn’t look for them to be signing leases<br />
Maybe a name change after they file for Bankruptcy Looking at the stock market d…tag:gomarcellusshale.com,2020-02-29:2274639:Comment:8243742020-02-29T16:17:17.717ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Looking at the stock market data for Gulfport, I don't have much confidence they can sustain viability more than a couple more months. </p>
<p>Looking at the stock market data for Gulfport, I don't have much confidence they can sustain viability more than a couple more months. </p> Yestag:gomarcellusshale.com,2020-02-29:2274639:Comment:8241882020-02-29T16:14:55.624ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Yes</p>
<p>Yes</p> Here we are, six years later,…tag:gomarcellusshale.com,2020-02-15:2274639:Comment:8235062020-02-15T15:01:54.639ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Here we are, six years later, and Gulfport is letting their leases lapse here in Monroe County. Judging from the fact that their shares of stock dropped from $50.00 per share to $1.50 per share, I would say they have serious internal problems. </p>
<p>Here we are, six years later, and Gulfport is letting their leases lapse here in Monroe County. Judging from the fact that their shares of stock dropped from $50.00 per share to $1.50 per share, I would say they have serious internal problems. </p> Yestag:gomarcellusshale.com,2020-02-15:2274639:Comment:8234122020-02-15T14:59:07.067ZPortiuncula Franciscan Hermitagehttps://gomarcellusshale.com/profile/Portiuncula
<p>Yes</p>
<p>Yes</p> I guess there's no restrictio…tag:gomarcellusshale.com,2016-08-24:2274639:Comment:7473132016-08-24T23:46:32.773Zdeutchenhttps://gomarcellusshale.com/profile/johnmauersberger
<p>I guess there's no restriction on being psychotic and posting on this site???</p>
<p>I guess there's no restriction on being psychotic and posting on this site???</p>