Geopark Ltd (GPRK) To Go Ex-Dividend on March 11th

Geopark Ltd (NYSE:GPRK) declared a quarterly dividend on Wednesday, February 25th. Investors of record on Wednesday, March 11th will be paid a dividend of 0.03 per share by the oil and gas company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, March 11th.

Geopark has raised its dividend by an average of 0.7%per year over the last three years and has raised its dividend annually for the last 3 consecutive years. Geopark has a payout ratio of 13.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Geopark to earn $2.85 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 4.2%.

Geopark Stock Performance

Shares of GPRK opened at $8.62 on Monday. The company has a debt-to-equity ratio of 2.70, a quick ratio of 2.57 and a current ratio of 2.63. The stock has a 50-day moving average of $8.01 and a two-hundred day moving average of $7.38. The stock has a market cap of $441.72 million, a P/E ratio of 13.26 and a beta of 0.44. Geopark has a one year low of $5.66 and a one year high of $9.09.

Geopark (NYSE:GPRK) last announced its quarterly earnings data on Wednesday, March 11th. The oil and gas company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.61. Geopark had a return on equity of 33.42% and a net margin of 6.45%.The business had revenue of $110.30 million for the quarter, compared to analyst estimates of $120.00 million. As a group, research analysts predict that Geopark will post 1.97 EPS for the current year.

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.