Geopark (NYSE:GPRK) Announces Earnings Results, Beats Expectations By $0.13 EPS

Geopark (NYSE:GPRK) issued its quarterly earnings results on Wednesday. The oil and gas company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13, FiscalAI reports. The business had revenue of $128.40 million during the quarter, compared to analysts’ expectations of $140.00 million. Geopark had a return on equity of 39.77% and a net margin of 11.74%.

Geopark Trading Up 1.4%

GPRK stock traded up $0.13 during mid-day trading on Friday, reaching $9.28. 141,033 shares of the stock traded hands, compared to its average volume of 941,818. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.51 and a current ratio of 1.60. Geopark has a one year low of $5.75 and a one year high of $10.34. The stock has a market capitalization of $479.58 million, a PE ratio of 8.84 and a beta of 0.35. The business has a 50-day moving average price of $9.11 and a two-hundred day moving average price of $8.22.

Geopark Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th will be issued a $0.023 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.0%. Geopark’s payout ratio is 11.43%.

Insiders Place Their Bets

In other Geopark news, Director James Franklin Park sold 100,000 shares of the business’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $8.83, for a total transaction of $883,000.00. Following the transaction, the director owned 912,118 shares in the company, valued at $8,054,001.94. The trade was a 9.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GPRK. Caitong International Asset Management Co. Ltd raised its position in shares of Geopark by 86.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after acquiring an additional 3,134 shares in the last quarter. State of Wyoming raised its position in shares of Geopark by 39.2% in the 3rd quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock worth $62,000 after acquiring an additional 2,740 shares in the last quarter. StoneX Group Inc. bought a new position in shares of Geopark in the 4th quarter worth $101,000. PharVision Advisers LLC bought a new position in shares of Geopark in the 3rd quarter worth $117,000. Finally, Graham Capital Management L.P. bought a new position in shares of Geopark in the 4th quarter worth $139,000. 68.21% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GPRK. Weiss Ratings raised shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. Jefferies Financial Group reiterated a “buy” rating and set a $11.50 target price on shares of Geopark in a research report on Thursday, March 5th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Geopark has an average rating of “Moderate Buy” and an average price target of $11.50.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.