Gulfport Adopts Tax Benefits Preservation Plan to Protect NOL Tax Assets
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: GlobeNewswire
OKLAHOMA CITY, April 30, 2020 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport”), today announced that its Board of Directors (the “Board”) has unanimously adopted a tax benefits preservation plan (the “Tax Benefits Preservation Plan”) to protect the ability of Gulfport to use its tax net operating losses (“NOLs”) under Section 382 of the Internal Revenue Code (the “Code”) to reduce its future tax liabilities. As of December 31, 2019, Gulfport had approximately $1.3 billion of federal NOLs available to offset its future taxable income. Gulfport’s ability to use these NOLs would be substantially limited if Gulfport experienced an “ownership change” within the meaning of Section 382 of the Code. Generally, an “ownership change” occurs if the percentage of the Company’s stock owned by one or more of its “five-percent shareholders” (as such term is defined in Section 382 of the Code) increases by more than 50 percentage points over a three-year period. In ligh
Show less
Read more
Impact Snapshot
Event Time:
GPOR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GPOR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GPOR alerts
High impacting Gulfport Energy Corporation Common Shares news events
Weekly update
A roundup of the hottest topics
GPOR
News
- Gulfport Energy Corporation's (NYSE:GPOR) Intrinsic Value Is Potentially 27% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Gulfport Energy Corp (GPOR) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial ... [Yahoo! Finance]Yahoo! Finance
- Gulfport Energy (GPOR) Surpasses Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Gulfport Energy Publishes 2023 – 2024 Corporate Sustainability ReportBusiness Wire
- Gulfport Energy Reports Third Quarter 2024 Financial and Operating Results and Expands Common Stock Repurchase Authorization by 54% to $1.0 BillionBusiness Wire
GPOR
Sec Filings
- 12/23/24 - Form 8-K
- 12/20/24 - Form SCHEDULE
- 12/20/24 - Form 4
- GPOR's page on the SEC website