GeoPark (GPRK) Scheduled to Post Earnings on Wednesday

GeoPark (NYSE:GPRK) is scheduled to release its earnings data after the market closes on Wednesday, August 14th. Analysts expect GeoPark to post earnings of $0.78 per share for the quarter.

GeoPark (NYSE:GPRK) last posted its quarterly earnings data on Wednesday, May 15th. The oil and gas company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.05). GeoPark had a return on equity of 67.81% and a net margin of 15.51%. The business had revenue of $167.42 million during the quarter, compared to analysts’ expectations of $192.63 million. On average, analysts expect GeoPark to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

GeoPark Stock Performance

GPRK stock traded down $0.01 during midday trading on Friday, hitting $9.09. The company’s stock had a trading volume of 9,987 shares, compared to its average volume of 421,829. The stock’s 50-day moving average price is $10.31 and its 200 day moving average price is $9.65. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 2.47. GeoPark has a 1 year low of $8.05 and a 1 year high of $11.25. The stock has a market cap of $502.93 million, a price-to-earnings ratio of 4.44 and a beta of 1.34.

GeoPark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a $0.147 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $0.59 annualized dividend and a yield of 6.47%. This is a boost from GeoPark’s previous quarterly dividend of $0.14. GeoPark’s payout ratio is currently 28.43%.

Analyst Ratings Changes

GPRK has been the topic of several research reports. StockNews.com lowered GeoPark from a “strong-buy” rating to a “buy” rating in a research note on Monday. Canaccord Genuity Group restated a “buy” rating and issued a $14.00 target price on shares of GeoPark in a research note on Friday, April 12th.

About GeoPark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. GeoPark Limited has a strategic partnership with ONGC Videsh to jointly acquire, invest in, and create value from upstream oil and gas projects across Latin America.