Geopark Ltd (NYSE:GPRK) Short Interest Update

Geopark Ltd (NYSE:GPRK) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 810,538 shares, a decrease of 14.0% from the February 12th total of 942,381 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 521,585 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 521,585 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.6% of the company’s stock are short sold.

Geopark Trading Up 1.5%

Shares of GPRK stock opened at $9.91 on Thursday. The company has a debt-to-equity ratio of 2.70, a quick ratio of 2.57 and a current ratio of 2.63. The company has a market capitalization of $507.63 million, a price-to-earnings ratio of 15.24 and a beta of 0.44. Geopark has a 52-week low of $5.66 and a 52-week high of $10.01. The company has a 50-day simple moving average of $8.29 and a two-hundred day simple moving average of $7.52.

Geopark (NYSE:GPRK) last announced its earnings results on Wednesday, March 11th. The oil and gas company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.61. The firm had revenue of $110.30 million for the quarter, compared to the consensus estimate of $120.00 million. Geopark had a return on equity of 33.42% and a net margin of 6.45%. Research analysts anticipate that Geopark will post 1.97 EPS for the current fiscal year.

Geopark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 11th will be given a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $0.12 annualized dividend and a yield of 1.2%. Geopark’s payout ratio is currently 18.46%.

Institutional Investors Weigh In On Geopark

Several large investors have recently made changes to their positions in GPRK. VR Advisory Services Ltd boosted its holdings in shares of Geopark by 370.9% in the 4th quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company’s stock worth $8,190,000 after buying an additional 870,516 shares during the last quarter. UBS Group AG grew its position in Geopark by 0.8% during the fourth quarter. UBS Group AG now owns 988,754 shares of the oil and gas company’s stock valued at $7,327,000 after buying an additional 7,623 shares during the period. Vennlight Capital Management LP purchased a new stake in Geopark during the fourth quarter worth about $5,854,000. Millennium Management LLC increased its holdings in Geopark by 41.6% during the third quarter. Millennium Management LLC now owns 619,822 shares of the oil and gas company’s stock worth $3,948,000 after buying an additional 182,039 shares during the last quarter. Finally, Aventail Capital Group LP bought a new stake in Geopark in the fourth quarter worth about $3,164,000. 68.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GPRK shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $11.50 target price on shares of Geopark in a research report on Thursday, March 5th. Weiss Ratings raised Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Finally, Zacks Research upgraded Geopark to a “hold” rating in a research note on Thursday, January 1st. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

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.