Geopark Ltd (NYSE:GPRK) Short Interest Down 14.0% in February

Geopark Ltd (NYSE:GPRK) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 810,538 shares, a decline of 14.0% from the February 12th total of 942,381 shares. Based on an average daily volume of 521,585 shares, the short-interest ratio is currently 1.6 days. Currently, 1.6% of the shares of the company are sold short. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 521,585 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of Geopark

Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its position in Geopark by 86.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after buying an additional 3,134 shares in the last quarter. State of Wyoming lifted its position in shares of Geopark by 39.2% during the 3rd quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock valued at $62,000 after buying an additional 2,740 shares in the last quarter. Entropy Technologies LP bought a new position in shares of Geopark during the 2nd quarter valued at approximately $99,000. StoneX Group Inc. purchased a new position in Geopark during the fourth quarter valued at approximately $101,000. Finally, PharVision Advisers LLC purchased a new position in Geopark during the third quarter valued at approximately $117,000. Institutional investors own 68.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of Geopark to a “hold” rating in a report on Thursday, January 1st. Jefferies Financial Group reissued a “buy” rating and set a $11.50 price target on shares of Geopark in a report on Thursday, March 5th. Finally, Weiss Ratings upgraded Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Stock Performance

Shares of GPRK traded up $0.58 on Tuesday, reaching $9.73. The company’s stock had a trading volume of 1,402,732 shares, compared to its average volume of 869,486. The stock’s 50 day simple moving average is $8.18 and its two-hundred day simple moving average is $7.48. The company has a debt-to-equity ratio of 2.70, a current ratio of 2.63 and a quick ratio of 2.57. The stock has a market capitalization of $498.58 million, a P/E ratio of 14.97 and a beta of 0.44. Geopark has a 12-month low of $5.66 and a 12-month high of $9.77.

Geopark (NYSE:GPRK) last announced its earnings results on Wednesday, March 11th. The oil and gas company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.61. Geopark had a net margin of 6.45% and a return on equity of 33.42%. The business had revenue of $110.30 million during the quarter, compared to analysts’ expectations of $120.00 million. Research analysts forecast that Geopark will post 1.97 earnings per share for the current fiscal year.

Geopark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 11th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, March 11th. Geopark’s dividend payout ratio (DPR) is currently 18.46%.

About Geopark

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.