Key Points
- Director James Franklin Park sold 100,000 Geopark shares at an average price of $11.92, generating $1.192 million and reducing his ownership by 12.62% to 692,118 shares. He also sold 120,000 shares in August.
- Geopark reported quarterly EPS of $0.22, exceeding the $0.12 analyst consensus, though revenue of $143.3 million fell short of the $185.5 million estimate. The company maintains a quarterly dividend of $0.023 per share, yielding about 0.8% annually.
- Analysts have a consensus “Hold” rating and a $12.00 price target, while Geopark shares recently traded near $11.98, within a 52-week range of $5.75 to $13.13.
Geopark Ltd (NYSE:GPRK - Get Free Report) Director James Park sold 100,000 shares of Geopark stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $11.92, for a total value of $1,192,000.00. Following the completion of the transaction, the director directly owned 692,118 shares in the company, valued at $8,250,046.56. This trade represents a 12.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
James Franklin Park also recently made the following trade(s):
- On Monday, August 10th, James Park sold 120,000 shares of Geopark stock. The stock was sold at an average price of $9.65, for a total value of $1,158,000.00.
Geopark Price Performance
Shares of Geopark stock opened at $11.98 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 1.21. The company has a market cap of $619.38 million, a PE ratio of 8.15 and a beta of 0.41. The business has a 50 day moving average of $10.02 and a 200 day moving average of $9.69. Geopark Ltd has a 52 week low of $5.75 and a 52 week high of $13.13.
Geopark (NYSE:GPRK - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The oil and gas company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.10. Geopark had a net margin of 16.00% and a return on equity of 31.33%. The business had revenue of $143.30 million for the quarter, compared to analysts' expectations of $185.50 million.
Geopark Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were issued a $0.023 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a yield of 0.8%. Geopark's dividend payout ratio is 6.12%.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on GPRK. Weiss Ratings reiterated a "hold (c)" rating on shares of Geopark in a report on Friday, July 17th. Jefferies Financial Group reiterated a "buy" rating and issued a $12.00 price target on shares of Geopark in a research note on Wednesday. Finally, Wall Street Zen cut shares of Geopark from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Geopark currently has a consensus rating of "Hold" and a consensus price target of $12.00.
Check Out Our Latest Research Report on Geopark
Institutional Trading of Geopark
A number of institutional investors have recently made changes to their positions in GPRK. Public Employees Retirement System of Ohio purchased a new stake in Geopark during the 2nd quarter valued at $29,000. Caitong International Asset Management Co. Ltd grew its stake 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 valued at $50,000 after purchasing an additional 3,134 shares during the period. StoneX Group Inc. purchased a new stake in shares of Geopark during the 4th quarter valued at about $101,000. PharVision Advisers LLC bought a new position in shares of Geopark in the 3rd quarter worth approximately $117,000. Finally, Graham Capital Management L.P. purchased a new position in shares of Geopark in the fourth quarter worth approximately $139,000. Hedge funds and other institutional investors own 68.21% of the company's stock.
About Geopark
(
Get Free Report)
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.
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