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New York investment firm increases holdings in Gulfport Energy

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A recent government filing revealed that New York Investment adviser, MacKay Shields, LLC is now a nearly 12% holder of shares in Oklahoma City’s Gulfport Energy Corporation.

The filing with the Security and Exchange Commission showed that MacKay Shields is the beneficial owner of 2,301,790 shares or 11.67% of the common stock of Gulfport. The percentage ownership is based on a total of 19,726,101 shares of common stock issued and outstanding as of May 17, 2021 or as disclosed on the company’s Form 10-Q filed with the SEC.

Gulfport 2Q Update – Turns Profitable $216M, No Talk of Selling | Marcellus Drilling News

MacKay Shields was formed in 1938 and acquired by the New York Life Insurance Company in 1984. Its website boasts of $126 billion in assets.

Founded in 1938 as an economic consulting firm, MacKay Shields was acquired by the New York Life Insurance Company in 1984. The company website boasts of $126 billion in assets with offices in New York City, Princeton, Los Angeles and London.

 

The post New York investment firm increases holdings in Gulfport Energy first appeared on Oklahoma Energy Today.

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