BMO Capital Markets reiterated coverage on GeoPark with a new price target
$GPRK
Oil & Gas Production
Energy
BMO Capital Markets reiterated coverage of GeoPark with a rating of and set a new price target of $20.00 from $15.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/21/2023 | $14.50 | Buy | Jefferies |
GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, updates its conference call and webcast details for the three-month period ended September 30, 2024 ("3Q2024"). Conference Call and Webcast Details for 3Q2024 Results Release GeoPark management will host a conference call on November 7, 2024, at 10:00 am (Eastern Standard Time) to discuss the 3Q2024 financial results. To listen to the call, participants can access the webcast located in the Invest with Us section of the Company's website at www.geo-park.com, or by clicking below: https://events.q4inc.com/attendee/244911827 Interested parties ma
Strong Cash Flow Generation Quarterly Cash Dividend of $0.147 Per Share GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator, and consolidator, reports its consolidated financial results for the three-month period ended September 30, 2024 ("Third Quarter" or "3Q2024"). A conference call to discuss these financial results will be held on November 7, 2024, at 10:00am (Eastern Standard Time). THIRD QUARTER 2024 FINANCIAL SUMMARY In 3Q2024, GeoPark delivered solid financial performance with $99.8 million Adjusted EBITDA,1 a margin of 63% and $25.1 million net profit, amidst a softer price environment and operational ch
GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, announces that its wholly owned subsidiary GeoPark Argentina S.A. ("GeoPark Argentina") has received approval from the Argentinian securities regulator (Comisión Nacional de Valores or "CNV" by its Spanish acronym) to issue up to $500 million in debt securities over the next five years, and has obtained an "AA+(arg)" credit rating from Fitch Ratings' local Argentine affiliate, FIX. Following the acquisition of four unconventional blocks in Vaca Muerta earlier this year1, the key factors contributing to the strong rating assigned to GeoPark Argentin
Jefferies initiated coverage of GeoPark with a rating of Buy and set a new price target of $14.50
BMO Capital Markets reiterated coverage of GeoPark with a rating of and set a new price target of $20.00 from $15.00 previously
6-K - GeoPark Ltd (0001464591) (Filer)
6-K - GeoPark Ltd (0001464591) (Filer)
6-K - GeoPark Ltd (0001464591) (Filer)
GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, updates its conference call and webcast details for the three-month period ended September 30, 2024 ("3Q2024"). Conference Call and Webcast Details for 3Q2024 Results Release GeoPark management will host a conference call on November 7, 2024, at 10:00 am (Eastern Standard Time) to discuss the 3Q2024 financial results. To listen to the call, participants can access the webcast located in the Invest with Us section of the Company's website at www.geo-park.com, or by clicking below: https://events.q4inc.com/attendee/244911827 Interested parties ma
Strong Cash Flow Generation Quarterly Cash Dividend of $0.147 Per Share GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator, and consolidator, reports its consolidated financial results for the three-month period ended September 30, 2024 ("Third Quarter" or "3Q2024"). A conference call to discuss these financial results will be held on November 7, 2024, at 10:00am (Eastern Standard Time). THIRD QUARTER 2024 FINANCIAL SUMMARY In 3Q2024, GeoPark delivered solid financial performance with $99.8 million Adjusted EBITDA,1 a margin of 63% and $25.1 million net profit, amidst a softer price environment and operational ch
Appraisal Drilling and Secondary Recovery Support Colombian Production Mata Mora Norte Posts Records GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, announces its operational update for the three-month period ended September 30, 2024 ("3Q2024"). Oil and Gas Production and Operations 3Q2024 consolidated average oil and gas production of 33,2151 boepd, 7% lower than 2Q2024 due to the continued closure of the Manati gas field in Brazil (GeoPark non-operated, 10% WI), performance in the Llanos 34 Block (GeoPark operated, 45% WI) not offsetting the natural base decline, and continued blockades af
SC 13G/A - GeoPark Ltd (0001464591) (Subject)
SC 13D/A - GeoPark Ltd (0001464591) (Subject)
SC 13G/A - GeoPark Ltd (0001464591) (Subject)
Continued Exploration Success Opens New Drilling Opportunities and Plays in the Llanos Basin GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, announces the appointment of a new Chief Financial Officer ("CFO") and provides an operating activity update in the Llanos 123 (GeoPark operated, 50% WI) and Llanos 87 (GeoPark operated, 50% WI) blocks in Colombia. New CFO Appointment GeoPark is pleased to announce the appointment of Jaime Caballero Uribe to the position of CFO, effective January 15, 2024. Jaime will be responsible for GeoPark's financial stewardship and associated activities, includin
Restoring Indico Field Production in the CPO-5 Block Second Exploration Success in the Llanos 123 Block New Exploration Success in Ecuador GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, provides an update on operations in the CPO-5 (GeoPark non-operated, 30% WI), Llanos 123 (GeoPark operated, 50% WI-Hocol 50% WI), Llanos 87 (GeoPark operated, 50% WI-Hocol 50% WI), Llanos 34 (GeoPark operated, 45% WI) and Perico (GeoPark non-operated, 50% WI) blocks. Colombia Production Back Online in the CPO-5 Block In late September 2023, the operator of the CPO-5 block received approval from the re
Board Strengthened with Addition of World-Class Proven Oil and Gas Finders GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, today announced that, based on a final vote count certified by the Inspector of Elections, GeoPark shareholders reelected all the Directors that were standing for reelection to serve a term ending at the 2023 Annual General Meeting of Shareholders. In addition to the five reelected Directors, shareholders elected four new members to the Board. Results of Annual General Meeting The five reelected Directors were elected with a margin of 77% of the votes cast, on average, wit
GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, today announces its operational update for the three-month period ended June 30, 2024 ("2Q2024"). Oil and Gas Production and Operations 2Q2024 consolidated average oil and gas production of 35,608 boepd, up slightly versus 1Q2024 Production increased 11% in Ecuador and 3% in Colombia, offsetting suspended production at the Manati gas field in Brazil (GeoPark non-operated, 10% WI) due to unscheduled maintenance As of July 1, 2024,1 GeoPark is producing over 41,000 boepd, adding approximately 5,700 boepd on a proforma basis from the Mata Mora Nor
GeoPark (NYSE:GPRK) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.59 by 6.78 percent. The company reported quarterly sales of $167.40 million which missed the analyst consensus estimate of $193.00 million by 13.26 percent. This is a 8.27 percent decrease over sales of $182.50 million the same period last year.
Existing Production, Reserves and Cash FlowLow-Risk Development Underway With Large Scale UpsideWell-Positioned Acreage With Available InfrastructureProven Unconventional Strategic PartnerGeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator, and consolidator, today announced that it has signed an Asset Purchase Agreement with Phoenix Global Resources ("PGR"), a subsidiary of Mercuria Energy Trading ("Mercuria"), for the acquisition of non-operated working interest (WI) in four adjacent unconventional blocks in the Neuquén Basin in Argentina as follows: a 45% WI in each of the Mata Mora Norte producing block and Mata Mor