Reuters first to report U.S. gas producer Gulfport Energy explores sale; market reacts - Reuters News Agency
Energy

Reuters first to report U.S. gas producer Gulfport Energy explores sale; market reacts

Reuters was first to report that the U.S. natural gas exploration and production company was exploring strategic options including a possible sale. The Oklahoma City-headquartered company, which has a market value of about $1.6 billion, is working with an investment bank on its options and to help solicit potential acquisition interest.

Market Impact

Gulfport Energy Corp shares rose as much as 12%.



Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
A general view of the headquarters of Gulfport Energy Corporation is seen in Oklahoma City May 14, 2013. Gulfport Energy Corp, a publicly-traded oil and gas company based in Oklahoma City, allowed its former chairman to receive millions of dollars in equity interests at no cost in more than a dozen firms that have done business with Gulfport. Picture taken May 14, 2013. To match Exclusive  GULFPORT-WEXFORD/ REUTERS/Brian Grow  (UNITED STATES - Tags: ENERGY BUSINESS)
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