Third quarter earnings for Oklahoma City-based Gulfport Energy Corporation will be revealed in two weeks as investors await to see how the company is doing following its second quarter emergence from bankruptcy.
The company announced it will release the report after the close of markets on Tuesday, Nov. 2.
Leadership will hold a teleconference and webcast the next day at 8 a.m. Central Time to discuss the results.
Gulfport came out of the restructuring process on May 17, 2021 following Bankruptcy court approval of its reorganization plan in April. It created a new Board of Directors and emerged with $853 million in total debt representing more than $1.2 billion deleveraging through the Chapter 11 process.
Its second quarter earnings report also showed $87.3 million in net cash from operating activities.
Company leaders said at the time they intended to invest $290 million to $310 million in capital.