According to Zacks, “GeoPark Ltd is an explorer, operator and consolidator of oil and gas. The company operates primarily in Chile, Colombia, Brazil and Argentina. GeoPark Ltd is based in Hamilton, Bermuda. “
Separately, StockNews.com started coverage on shares of GeoPark in a report on Thursday, March 31st. They set a “strong-buy” rating for the company.
GeoPark (NYSE:GPRK – Get Rating) last posted its earnings results on Wednesday, March 9th. The oil and gas company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $202.40 million for the quarter, compared to the consensus estimate of $193.94 million. GeoPark had a net margin of 12.95% and a negative return on equity of 134.85%. Analysts expect that GeoPark will post 5.17 EPS for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Holdings Inc. acquired a new stake in shares of GeoPark during the first quarter worth approximately $30,000. Acadian Asset Management LLC acquired a new stake in shares of GeoPark during the fourth quarter worth approximately $33,000. Russell Investments Group Ltd. acquired a new stake in shares of GeoPark during the first quarter worth approximately $36,000. UMB Bank N A MO acquired a new stake in shares of GeoPark during the fourth quarter worth approximately $92,000. Finally, Moors & Cabot Inc. acquired a new stake in shares of GeoPark during the third quarter worth approximately $98,000. Hedge funds and other institutional investors own 37.51% of the company’s stock.
About GeoPark (Get Rating)
GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. As of December 31, 2021, the company had working and/or economic interests in 42 hydrocarbons blocks. It had net proved reserves of 87.8 million barrels of oil equivalent.
- Get a free copy of the StockNews.com research report on GeoPark (GPRK)
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