Geopark (NYSE:GPRK) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Geopark (NYSE:GPRK) released its earnings results on Tuesday. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.10, Zacks reports. Geopark had a return on equity of 36.71% and a net margin of 11.74%.

Geopark Stock Performance

Shares of GPRK stock traded down $0.14 during mid-day trading on Tuesday, reaching $9.36. The stock had a trading volume of 469,246 shares, compared to its average volume of 777,273. Geopark has a one year low of $5.75 and a one year high of $11.87. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. The firm’s 50 day simple moving average is $10.00 and its 200 day simple moving average is $9.28. The firm has a market cap of $484.06 million, a PE ratio of 8.92 and a beta of 0.39.

Wall Street Analyst Weigh In

GPRK has been the topic of a number of research analyst reports. Wall Street Zen upgraded Geopark to a “strong-buy” rating in a report on Saturday, July 4th. Weiss Ratings restated a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Institutional Investors Weigh In On Geopark

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its position in shares of Geopark by 86.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after buying an additional 3,134 shares during the period. StoneX Group Inc. acquired a new position in Geopark during the fourth quarter worth $101,000. PharVision Advisers LLC acquired a new position in Geopark during the third quarter worth $117,000. Graham Capital Management L.P. bought a new position in shares of Geopark during the fourth quarter valued at $139,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Geopark by 2,588.2% during the fourth quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock valued at $142,000 after acquiring an additional 18,402 shares during the period. 68.21% of the stock is currently owned by institutional investors.

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.