Geopark (NYSE:GPRK) Announces Earnings Results

Geopark (NYSE:GPRK) announced its earnings results on Thursday. The oil and gas company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports. Geopark had a net margin of 10.09% and a return on equity of 39.05%.

Geopark Trading Down 1.2%

Shares of GPRK traded down $0.12 during mid-day trading on Thursday, reaching $9.12. The company had a trading volume of 443,401 shares, compared to its average volume of 1,002,846. The stock has a market cap of $471.31 million, a price-to-earnings ratio of 9.70 and a beta of 0.35. The firm has a fifty day simple moving average of $8.92 and a 200-day simple moving average of $8.01. Geopark has a fifty-two week low of $5.75 and a fifty-two week high of $10.34. The company has a current ratio of 1.60, a quick ratio of 1.51 and a debt-to-equity ratio of 2.18.

Geopark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 11th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, March 11th. Geopark’s dividend payout ratio (DPR) is 12.77%.

Insider Buying and Selling at Geopark

In other Geopark news, Director James Franklin Park sold 100,000 shares of Geopark stock in a transaction on Monday, April 20th. The shares were sold at an average price of $8.83, for a total value of $883,000.00. Following the transaction, the director owned 912,118 shares in the company, valued at $8,054,001.94. This trade represents a 9.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Geopark

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fox Run Management L.L.C. lifted its holdings in shares of Geopark by 4.6% during the 4th quarter. Fox Run Management L.L.C. now owns 52,100 shares of the oil and gas company’s stock valued at $386,000 after acquiring an additional 2,279 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in shares of Geopark by 111.9% during the 3rd quarter. Squarepoint Ops LLC now owns 55,574 shares of the oil and gas company’s stock valued at $354,000 after acquiring an additional 29,345 shares in the last quarter. Verition Fund Management LLC lifted its holdings in shares of Geopark by 26.3% during the 3rd quarter. Verition Fund Management LLC now owns 46,918 shares of the oil and gas company’s stock valued at $299,000 after acquiring an additional 9,782 shares in the last quarter. Entropy Technologies LP lifted its holdings in shares of Geopark by 171.8% during the 3rd quarter. Entropy Technologies LP now owns 41,290 shares of the oil and gas company’s stock valued at $263,000 after acquiring an additional 26,100 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Geopark by 4.7% during the 4th quarter. State Street Corp now owns 26,987 shares of the oil and gas company’s stock valued at $200,000 after acquiring an additional 1,216 shares in the last quarter. Institutional investors and hedge funds own 68.21% of the company’s stock.

Analyst Upgrades and Downgrades

GPRK has been the topic of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and set a $11.50 target price on shares of Geopark in a research report on Thursday, March 5th. Zacks Research upgraded shares of Geopark to a “hold” rating in a research report on Thursday, January 1st. Finally, Weiss Ratings upgraded shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.50.

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.