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GPOR GULFPORT ENERGY CORP

Bankruptcy 2020-11-16
Peak Score
140.3
top 12% of tracked companies
control ceiling: 51.5 · methodology ↗
score IQR: 0.9–20.1
last flagged: 2020-02-27
latest filing: 2020-02-27
z-score vs own history: 3.1σ
latest score percentile: 98.6th

Phrase Escalation Score Over Time

Overlays:
Score (left axis)

Filing Pair Breakdown

Annual (10-K) and quarterly (10-Q) pairs combined · click any row to expand signals.

10-K 2019-02 → 2020-02 Pre-event
RF: 2035→17294w (+749.8%)
140.3
Most Anomalous Sentences semantic score: 11.055
"The restrictions contained in the covenants could: limit our ability to plan for, or react to, market conditions, to meet capital needs or otherwise to restrict our activities or business plan; adversely affect our ability to finance our operations, enter into acquisitions or divestitures to engage in other business activities that would be in our interest; or withstand a continuing future downtur"
distress relevance: 0.76 market specificity: 1.00 score: 0.760 risk_factors
anchor: our debt covenants restrict our ability to operate
", we announced and completed a workforce reduction representing approximately of our headcount."
distress relevance: 0.75 market specificity: 1.00 score: 0.746 mda
anchor: we have implemented significant workforce reductions
"Restrictive covenants in our revolving credit facility and the indentures governing our senior notes could limit our growth and our ability to finance our operations, fund our capital needs, respond to changing conditions and engage in other business activities that may be in our best interests."
distress relevance: 0.74 market specificity: 1.00 score: 0.737 risk_factors
anchor: our debt covenants restrict our ability to operate
"We may be prevented from taking advantage of business opportunities that arise because of the limitations imposed on us by the restrictive covenants contained in our revolving credit facility and the indentures governing our senior notes."
distress relevance: 0.73 market specificity: 1.00 score: 0.735 risk_factors
anchor: our debt covenants restrict our ability to operate
"We cannot assure you that we would be able to implement any alternative financing plans, if necessary, on commercially reasonable terms or at all, or that any such alternative financing plans would allow us to meet our debt obligations."
distress relevance: 0.69 market specificity: 1.00 score: 0.688 risk_factors
anchor: we may be unable to refinance our existing debt
10-K 2018-02 → 2019-02 Pre-event
RF: 1921→2035w (5.9%)
0.9
Most Anomalous Sentences semantic score: 5.511
"As of , amounts borrowed under our revolving credit facility bore interest at the weighted average rate of Our revolving credit facility contains customary negative covenants including, but not limited to, restrictions on our and our subsidiaries' ability to: incur indebtedness; grant liens; pay dividends and make other restricted payments; make investments; make fundamental changes; enter into sw"
distress relevance: 0.62 market specificity: 1.00 score: 0.623 mda
anchor: our debt covenants restrict our ability to operate
"The senior note indentures relating to the 2023 Notes, 2024 Notes, 2025 Notes and 2026 Notes contain certain covenants that, subject to certain exceptions and qualifications, among other things, limit our ability and the ability of our restricted subsidiaries to incur or guarantee additional indebtedness, make certain investments, declare or pay dividends or make distributions on capital stock, pr"
distress relevance: 0.62 market specificity: 1.00 score: 0.616 mda
anchor: our debt covenants restrict our ability to operate
"The negative covenants are subject to certain exceptions as specified in our revolving credit facility."
distress relevance: 0.60 market specificity: 1.00 score: 0.599 mda
anchor: our debt covenants restrict our ability to operate
"This increase was primarily the result of an increase in cash receipts from our oil and natural gas purchasers due to a 26% increase in net revenues after giving effect to settled derivative instruments, partially offset by an increase in our operating expenses."
distress relevance: 0.59 market specificity: 1.00 score: 0.594 mda
anchor: our cash burn rate has increased significantly
"This increase was primarily the result of an increase in cash receipts from our oil and natural gas purchasers due to a 60% increase in net revenues after giving effect to settled derivative instruments, partially offset by an increase in our operating expenses."
distress relevance: 0.59 market specificity: 1.00 score: 0.593 mda
anchor: our cash burn rate has increased significantly
10-K 2017-02 → 2018-02 Pre-event
RF: 1762→1921w (9.0%)
5.3
10-K 2016-02 → 2017-02 Pre-event
RF: 1369→1762w (+28.7%)
0.5
10-K 2015-02 → 2016-02 Pre-event
RF: 1171→1369w (16.9%)
0.0
10-K 2014-02 → 2015-02 Pre-event
RF: 1041→1171w (12.5%)
20.1
10-K 2013-03 → 2014-02 Pre-event
RF: 1038→1041w (0.3%)
0.0
10-K 2012-02 → 2013-03 Pre-event
RF: 10384→1038w (-90.0%)
15.3
10-K 2011-03 → 2012-02 Pre-event
RF: 8522→10384w (+21.8%)
6.1
10-K 2010-03 → 2011-03 Pre-event
RF: 7460→8522w (14.2%)
40.7
10-K 2009-03 → 2010-03 Pre-event
RF: 6659→7460w (12.0%)
11.5
10-K 2008-03 → 2009-03 Pre-event
RF: 6524→6659w (2.1%)
14.9
10-K 2002-04 → 2008-03 Pre-event
58.8

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