Geopark (NYSE:GPRK) Announces Earnings Results

Geopark (NYSE:GPRK) released its quarterly earnings data on Wednesday. The oil and gas company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.31, Zacks reports. Geopark had a return on equity of 33.42% and a net margin of 6.45%.

Geopark Stock Performance

NYSE GPRK traded up $0.01 on Wednesday, reaching $8.41. The stock had a trading volume of 563,382 shares, compared to its average volume of 700,418. 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 company has a market cap of $430.76 million, a P/E ratio of 12.93 and a beta of 0.47. The firm has a fifty day moving average of $7.83 and a two-hundred day moving average of $7.28. Geopark has a 1-year low of $5.66 and a 1-year high of $9.09.

Analyst Ratings Changes

A number of research firms recently weighed in on GPRK. Weiss Ratings raised Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Zacks Research raised shares of Geopark to a “hold” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Geopark currently has an average rating of “Hold”.

Hedge Funds Weigh In On Geopark

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd increased its position in 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 worth $50,000 after acquiring an additional 3,134 shares during the period. StoneX Group Inc. acquired a new position in shares of Geopark during the 4th quarter worth approximately $101,000. PharVision Advisers LLC bought a new position in shares of Geopark during the third quarter worth approximately $117,000. Graham Capital Management L.P. bought a new position in shares of Geopark during the fourth quarter worth approximately $139,000. Finally, Osaic Holdings Inc. raised its position 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 valued at $142,000 after buying an additional 18,402 shares in the last quarter. 68.21% of the stock is currently owned by institutional investors and hedge funds.

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.