03:12 PM EDT, 09/09/2024 (MT Newswires) -- Gulfport Energy ( GPOR ) Monday afternoon disclosed pricing terms for a cash tender offer to repurchase up to $550 million of its outstanding 8.0% senior notes maturing in 2026.

The oil and natural gas company intends to pay 1,023.35 for every $1,000 of the notes tendered.

The offering is scheduled to expire Monday afternoon at 5 p.m. ET, unless extended or terminated early. The deal likely will close on Friday, Gulfport said.

Gulfport shares were fractionally higher before closing bell.

Price: 138.11, Change: +0.35, Percent Change: +0.25