Gulfport Energy Stock Is Hitting New Highs as Another Investor Discloses Buying $4 Million Worth of Shares

Florida-based GeoSphere Capital Management disclosed a new $4 million position in Gulfport Energy Corporation (NYSE:GPOR) as of its November 14, SEC filing, acquiring 22,000 shares in the third quarter.

What Happened

According to a Securities and Exchange Commission (SEC) filing dated November 14, GeoSphere Capital Management initiated a new position in Gulfport Energy Corporation (NYSE:GPOR), acquiring 22,000 shares valued at $4 million. This position accounted for 3% of the fund's $131.7 million in reportable U.S. equity assets across 42 positions at quarter-end.

What Else to Know

Top holdings after the filing:

• NASDAQ: NESR: $15.3 million (11.7% of AUM)
• NYSE: BKV: $6.5 million (4.9% of AUM)
• NYSE: CCJ: $5.7 million (4.4% of AUM)
• NYSE: SEI: $5.6 million (4.3% of AUM)
• NYSE: CVE: $5.4 million (4.2% of AUM)

As of Thursday, shares of Gulfport Energy Corporation were priced at $216.25, up 23% over the past year and well outperforming the S&P 500, which is up about 12.5% in the same period.

Company Overview

Company Snapshot

Gulfport Energy Corporation is an independent exploration and production company focused on natural gas and liquids-rich resource development in the United States. The company has a concentrated asset base in the Utica Shale and SCOOP plays. It produces and sells natural gas, crude oil, and natural gas liquids, with principal assets in the Utica Shale (Ohio) and SCOOP (Oklahoma) plays. The company generates revenue through the exploration, development, acquisition, and production of hydrocarbons.

Foolish Take

For energy investors, a fresh position taken during a company’s strongest operational stretch in years is worth paying attention to—especially when it involves a producer aggressively expanding inventory and returning capital to shareholders. Gulfport Energy’s improving fundamentals, including rising production, expanding drillable locations, and accelerating buybacks, provide important context for why a specialist hedge fund would initiate exposure at this moment in the cycle. The move lands as Gulfport stock continues to hit new highs, underscoring confidence amid strengthening free-cash-flow generation and disciplined balance-sheet management.

GeoSphere's stake is modest relative to the fund’s top holdings but notable given Gulfport’s operational momentum. Gulfport delivered net income of $111.4 million and adjusted EBITDA of $213.1 million in the latest quarter, while free cash flow reached $103.4 million. Production climbed 11% sequentially, and the company expanded its undeveloped Marcellus inventory by roughly 125 gross locations. Management also plans to repurchase $325 million of stock in 2025—including $125 million in the fourth quarter. Ultimately, GeoSphere’s entry aligns with a company growing inventory, enhancing capital efficiency, and prioritizing shareholder returns—all in a sector where disciplined operators tend to outperform through commodity cycles.

Glossary

Assets under management (AUM): The total market value of investments managed by a fund or investment firm.
13F: A quarterly SEC filing required for institutional investment managers to disclose their equity holdings.
Position: The amount of a particular security or asset held by an investor or fund.
Stake: The ownership interest or share held in a company by an investor or fund.
Top holdings: The largest investments in a fund's portfolio, typically ranked by market value.
Outperforming: Achieving a higher return than a benchmark index or comparable investment.
Utica Shale: A major natural gas and oil producing geological formation located primarily in Ohio.
SCOOP: Acronym for "South Central Oklahoma Oil Province," a key oil and gas producing region in Oklahoma.
Exploration and production company: A business focused on finding and extracting oil and natural gas resources.
Hydrocarbons: Organic compounds, such as oil and natural gas, composed entirely of hydrogen and carbon.
TTM: The 12-month period ending with the most recent quarterly report.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cameco. The Motley Fool has a disclosure policy.