James Franklin Park Sells 120,000 Shares of Geopark (NYSE:GPRK) Stock

Geopark Ltd (NYSE:GPRK) Director James Franklin Park sold 120,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $9.65, for a total value of $1,158,000.00. Following the transaction, the director directly owned 792,118 shares of the company’s stock, valued at $7,643,938.70. This represents a 13.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Geopark Price Performance

Shares of Geopark stock opened at $9.36 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 1.21. The company’s 50-day moving average price is $9.80 and its two-hundred day moving average price is $9.38. Geopark Ltd has a 52 week low of $5.75 and a 52 week high of $11.87. The stock has a market cap of $483.75 million, a PE ratio of 6.36 and a beta of 0.39.

Geopark (NYSE:GPRK) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.10. The company had revenue of $143.30 million during the quarter, compared to analyst estimates of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Geopark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a dividend of $0.023 per share. This represents a $0.09 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, August 19th. Geopark’s dividend payout ratio (DPR) is presently 6.12%.

Wall Street Analysts Forecast Growth

GPRK has been the topic of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Geopark in a research report on Friday, July 17th. Wall Street Zen lowered Geopark from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Institutional Trading of Geopark

A number of hedge funds have recently bought and sold shares of GPRK. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 during the period. StoneX Group Inc. purchased a new position in shares of Geopark in the fourth quarter worth approximately $101,000. PharVision Advisers LLC acquired a new stake in shares of Geopark during the third quarter valued at approximately $117,000. Graham Capital Management L.P. acquired a new stake in shares of Geopark during the fourth quarter valued at approximately $139,000. Finally, Osaic Holdings Inc. lifted its position in shares of Geopark by 2,588.2% in the 4th quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock valued at $142,000 after acquiring an additional 18,402 shares in the last quarter. 68.21% of the stock is owned by hedge funds and other institutional investors.

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.