GeoPark (NYSE:GPRK) Posts Earnings Results

GeoPark (NYSE:GPRK - Get Free Report) posted its earnings results on Wednesday. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.43), Zacks reports. The company had revenue of $143.70 million for the quarter, compared to analysts' expectations of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%.

GeoPark Trading Down 0.2 %

GPRK stock traded down $0.02 during midday trading on Friday, hitting $8.02. The company had a trading volume of 796,442 shares, compared to its average volume of 512,809. The stock has a market cap of $410.07 million, a price-to-earnings ratio of 4.07 and a beta of 1.37. GeoPark has a 52 week low of $7.24 and a 52 week high of $11.72. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 2.53. The stock's 50 day moving average price is $9.39 and its 200 day moving average price is $8.93.

GeoPark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 19th will be issued a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 7.34%. The ex-dividend date is Wednesday, March 19th. GeoPark's dividend payout ratio is presently 32.22%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of GeoPark from a "buy" rating to a "hold" rating in a research report on Thursday.

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About GeoPark

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.