Geopark Ltd Declares Quarterly Dividend of $0.02 (NYSE:GPRK)

Geopark Ltd (NYSE:GPRK) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.023 per share by the oil and gas company on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 19th.

Geopark has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Geopark has a dividend payout ratio of 10.3% meaning its dividend is sufficiently covered by earnings.

Geopark Price Performance

Geopark stock opened at $9.36 on Wednesday. The stock has a market capitalization of $484.03 million, a price-to-earnings ratio of 8.92 and a beta of 0.39. Geopark has a 52-week low of $5.75 and a 52-week high of $11.87. The stock’s 50 day moving average price is $9.99 and its two-hundred day moving average price is $9.29. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.96 and a current ratio of 1.00.

Geopark (NYSE:GPRK) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.12 by $0.10. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The company had revenue of $143.30 million during the quarter, compared to the consensus estimate of $185.50 million.

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.