Geopark (NYSE:GPRK) Announces Quarterly Earnings Results

Geopark (NYSE:GPRK) released its quarterly earnings data on Wednesday. The oil and gas company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.61, Zacks reports. Geopark had a return on equity of 33.42% and a net margin of 6.45%.The firm had revenue of $110.30 million during the quarter, compared to analyst estimates of $120.00 million.

Geopark Trading Up 0.1%

NYSE GPRK opened at $8.41 on Thursday. The firm has a market capitalization of $430.76 million, a PE ratio of 12.93 and a beta of 0.47. The stock’s 50 day moving average is $7.83 and its 200 day moving average is $7.28. Geopark has a twelve month low of $5.66 and a twelve month high of $9.09. The company has a quick ratio of 2.57, a current ratio of 2.63 and a debt-to-equity ratio of 2.70.

Geopark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 11th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, March 11th. Geopark’s dividend payout ratio (DPR) is presently 18.46%.

Analysts Set New Price Targets

GPRK has been the subject of several recent analyst reports. Zacks Research raised shares of Geopark to a “hold” rating in a research note on Thursday, January 1st. Weiss Ratings upgraded Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Trading of Geopark

A number of hedge funds and other institutional investors have recently modified their holdings of GPRK. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Geopark by 86.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock valued at $50,000 after purchasing an additional 3,134 shares in the last quarter. StoneX Group Inc. purchased a new position in Geopark in the 4th quarter worth about $101,000. PharVision Advisers LLC bought a new position in Geopark during the 3rd quarter valued at about $117,000. Graham Capital Management L.P. purchased a new stake in shares of Geopark during the 4th quarter valued at about $139,000. Finally, Osaic Holdings Inc. grew its stake in shares of Geopark by 2,588.2% in the fourth quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock worth $142,000 after acquiring an additional 18,402 shares during the period. 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.