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

Geopark Ltd (NYSE:GPRK) declared a quarterly dividend on Tuesday, August 4th. Investors 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 of this dividend is Wednesday, August 19th.

Geopark has raised its dividend payment by an average of 0.4%per year 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 Trading Down 1.5%

Shares of GPRK stock opened at $9.36 on Wednesday. The company has a market capitalization of $484.03 million, a price-to-earnings ratio of 8.92 and a beta of 0.39. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average price of $9.99 and a 200 day moving average price of $9.29. Geopark has a twelve month low of $5.75 and a twelve month high of $11.87.

Geopark (NYSE:GPRK) last released its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (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 for the quarter, compared to analysts’ expectations of $185.50 million.

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.