Geopark Ltd (GPRK) To Go Ex-Dividend on May 20th

Geopark Ltd (NYSE:GPRK) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Wednesday, May 20th will be paid a dividend of 0.023 per share by the oil and gas company on Thursday, June 4th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, May 20th.

Geopark has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Geopark has a payout ratio of 10.3% indicating that its dividend is sufficiently covered by earnings.

Geopark Stock Performance

Shares of NYSE GPRK opened at $9.60 on Monday. The firm has a market capitalization of $496.42 million, a price-to-earnings ratio of 9.14 and a beta of 0.35. Geopark has a one year low of $5.75 and a one year high of $10.34. The business has a fifty day simple moving average of $9.26 and a 200 day simple moving average of $8.35. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 1.51.

Geopark (NYSE:GPRK) last posted its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. The firm had revenue of $128.40 million for the quarter, compared to the consensus estimate of $140.00 million. Geopark had a net margin of 11.74% and a return on equity of 36.71%.

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.