Geopark (NYSE:GPRK) Director Sells 100,000 Shares

Geopark Ltd (NYSE:GPRK) Director James Park sold 100,000 shares of Geopark stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $11.92, for a total value of $1,192,000.00. Following the completion of the sale, the director directly owned 692,118 shares in the company, valued at approximately $8,250,046.56. This represents a 12.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

James Franklin Park also recently made the following trade(s):

• On Monday, August 10th, James Park sold 120,000 shares of Geopark stock. The shares were sold at an average price of $9.65, for a total value of $1,158,000.00.

Geopark Stock Up 0.6%

NYSE:GPRK traded up $0.07 during trading hours on Thursday, reaching $11.98. 1,772,000 shares of the stock were exchanged, compared to its average volume of 792,575. Geopark Ltd has a twelve month low of $5.75 and a twelve month high of $13.13. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.17 and a quick ratio of 1.15. The firm has a 50 day moving average of $9.97 and a 200 day moving average of $9.67. The stock has a market cap of $619.38 million, a PE ratio of 8.15 and a beta of 0.41.

Geopark (NYSE:GPRK) last posted its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.10. The company had revenue of $143.30 million for the quarter, compared to the consensus estimate of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Geopark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were given a dividend of $0.023 per share. The ex-dividend date was Wednesday, August 19th. This represents a $0.09 annualized dividend and a yield of 0.8%. Geopark’s dividend payout ratio (DPR) is presently 6.12%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new stake in Geopark during the second quarter worth about $29,000. Caitong International Asset Management Co. Ltd increased its holdings in Geopark by 86.1% in 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 buying an additional 3,134 shares during the period. StoneX Group Inc. bought a new position in Geopark in the 4th quarter valued at about $101,000. PharVision Advisers LLC acquired a new position in shares of Geopark in the 3rd quarter valued at approximately $117,000. Finally, Graham Capital Management L.P. acquired a new position in shares of Geopark in the 4th quarter valued at approximately $139,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GPRK. Wall Street Zen cut shares of Geopark from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $12.00 price objective on shares of Geopark in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $12.00.

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.