Geopark Ltd Announces Quarterly Dividend of $0.02 (NYSE:GPRK)

Geopark Ltd (NYSE:GPRK) declared a quarterly dividend on Wednesday, May 6th. Investors 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 is Wednesday, May 20th.

Geopark has increased its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 3 years. Geopark has a payout ratio of 13.8% meaning its dividend is sufficiently covered by earnings.

Geopark Stock Performance

Shares of GPRK stock opened at $9.09 on Thursday. Geopark has a one year low of $5.75 and a one year high of $10.34. The company has a debt-to-equity ratio of 2.18, a current ratio of 1.60 and a quick ratio of 1.51. The firm has a 50-day moving average of $9.09 and a 200-day moving average of $8.19. The company has a market cap of $470.25 million, a P/E ratio of 9.64 and a beta of 0.35.

Geopark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 EPS for the quarter. The firm had revenue of $128.40 million for the quarter. Geopark had a return on equity of 39.05% and a net margin of 10.09%.

Insider Transactions at Geopark

In other Geopark news, Director James Franklin Park sold 100,000 shares of Geopark stock in a transaction on Monday, April 20th. The shares were sold at an average price of $8.83, for a total value of $883,000.00. Following the completion of the transaction, the director directly owned 912,118 shares of the company’s stock, valued at $8,054,001.94. This trade represents a 9.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. GSA Capital Partners LLP bought a new position in Geopark in the 3rd quarter worth about $576,000. State of Wyoming grew its position in shares of Geopark by 39.2% during the 3rd quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock worth $62,000 after buying an additional 2,740 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new position in shares of Geopark during the first quarter valued at $686,000. Hsbc Holdings PLC lifted its stake in Geopark by 216.2% in the fourth quarter. Hsbc Holdings PLC now owns 49,337 shares of the oil and gas company’s stock worth $364,000 after acquiring an additional 33,734 shares during the period. Finally, Aventail Capital Group LP bought a new position in Geopark during the 4th quarter worth about $3,164,000. Hedge funds and other institutional investors own 68.21% of the company’s stock.

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.