New York investment firm increases holdings in Gulfport Energy

MacKay Shields - Commitment to Performance with Purpose

 

A recent government filing revealed that New York Investment adviser, MacKay Shields, LLC is now a nearly 12% holder of shares in Oklahoma City’s Gulfport Energy Corporation.

The filing with the Security and Exchange Commission showed that MacKay Shields is the beneficial owner of 2,301,790 shares or 11.67% of the common stock of Gulfport. The percentage ownership is based on a total of 19,726,101 shares of common stock issued and outstanding as of May 17, 2021 or as disclosed on the company’s Form 10-Q filed with the SEC.

Gulfport 2Q Update – Turns Profitable $216M, No Talk of Selling | Marcellus Drilling News

MacKay Shields was formed in 1938 and acquired by the New York Life Insurance Company in 1984. Its website boasts of $126 billion in assets.

Founded in 1938 as an economic consulting firm, MacKay Shields was acquired by the New York Life Insurance Company in 1984. The company website boasts of $126 billion in assets with offices in New York City, Princeton, Los Angeles and London.