GeoPark (GPRK) Scheduled to Post Earnings on Wednesday

GeoPark (NYSE:GPRK) is set to post its quarterly earnings results 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 announced its earnings results on Wednesday, May 15th. The oil and gas company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.05). GeoPark had a net margin of 15.51% and a return on equity of 67.81%. The company had revenue of $167.42 million for the quarter, compared to the consensus estimate 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 Price Performance

GeoPark stock traded down $0.01 during mid-day trading on Friday, hitting $9.09. 9,987 shares of the company traded hands, compared to its average volume of 421,829. GeoPark has a one year low of $8.05 and a one 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. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.13 and a current ratio of 1.20. The stock has a fifty day moving average price of $10.31 and a 200-day moving average price of $9.65.

GeoPark Increases Dividend

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

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com downgraded shares of GeoPark from a “strong-buy” rating to a “buy” rating in a research note on Monday. Canaccord Genuity Group reaffirmed 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.