Regulation FD Disclosure Form 8 K

Item 7.01. Regulation FD Disclosure.

On November 21, 2024, Gulfport Energy Corporation (the "Company") entered into a purchase agreement (the "Purchase Agreement") with certain accounts managed and advised by Silver Point Capital, L.P. (the "Selling Stockholders"). Pursuant to the Purchase Agreement, the Company agreed to purchase from the Selling Stockholders an aggregate of 150,000 shares of the Company's common stock, par value $0.0001 ("Common Stock"), at a price of $175.60 per share, representing a 1.2% discount to the last reported per share sales price of Common Stock on the NYSE on November 21, 2024, and an aggregate total consideration of approximately $26.3 million (the "Repurchase"). The Repurchase is expected to close on December 2, 2024.

The Repurchase is part of the Company's existing $1 billion common share repurchase program and will reduce remaining availability thereunder. As of November 21, 2024, and prior to the Repurchase, the Company had repurchased approximately 5.3 million shares of common stock at a weighted-average share price of $101.05 per share since the inception of the repurchase program, totaling approximately $532.0 million in aggregate. Following the Repurchase, the Company will have approximately $441.7 million of remaining capacity under the common share repurchase program.