Gulfport Energy Corporation in Oklahoma City announced that it has completed the redemption of its Series A Convertible Preferred Stock.
On September 5, 2025, the Company redeemed a total of 2,449 shares of Preferred Stock at an aggregate redemption value of approximately $31.3 million, including accrued and unpaid dividends through the Redemption Date.
No shares of Preferred Stock remain outstanding following the transaction. Since June 30, 2025 and prior to the Redemption Date, 28,907 shares of Preferred Stock were converted into approximately 2.1 million shares of Gulfport common stock.
Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins.