Short Interest in Geopark Ltd (NYSE:GPRK) Rises By 20.6%

Geopark Ltd (NYSE:GPRK) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 1,413,219 shares, a growth of 20.6% from the December 15th total of 1,171,848 shares. Based on an average daily volume of 430,621 shares, the short-interest ratio is currently 3.3 days. Approximately 2.8% of the shares of the stock are short sold. Approximately 2.8% of the shares of the stock are short sold. Based on an average daily volume of 430,621 shares, the short-interest ratio is currently 3.3 days.

Wall Street Analysts Forecast Growth

GPRK has been the subject of several research analyst reports. Zacks Research upgraded shares of Geopark to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings upgraded Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Geopark presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Geopark

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GPRK. UBS Group AG increased its stake in shares of Geopark by 81.5% in the 3rd quarter. UBS Group AG now owns 981,131 shares of the oil and gas company’s stock valued at $6,250,000 after acquiring an additional 440,706 shares during the last quarter. Millennium Management LLC increased its stake in Geopark by 41.6% in the third quarter. Millennium Management LLC now owns 619,822 shares of the oil and gas company’s stock valued at $3,948,000 after purchasing an additional 182,039 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Geopark by 41.4% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 402,871 shares of the oil and gas company’s stock valued at $2,627,000 after purchasing an additional 117,909 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Geopark by 94.2% in the first quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock worth $2,956,000 after purchasing an additional 177,496 shares during the period. Finally, Jump Financial LLC boosted its position in shares of Geopark by 205.4% during the third quarter. Jump Financial LLC now owns 351,569 shares of the oil and gas company’s stock worth $2,239,000 after purchasing an additional 236,458 shares in the last quarter. Institutional investors own 68.21% of the company’s stock.

Geopark Trading Down 2.5%

Shares of NYSE GPRK opened at $7.43 on Wednesday. Geopark has a fifty-two week low of $5.66 and a fifty-two week high of $10.36. The firm has a market capitalization of $380.94 million, a P/E ratio of 11.44 and a beta of 0.47. The company has a debt-to-equity ratio of 2.70, a current ratio of 2.63 and a quick ratio of 2.57. The company’s 50 day simple moving average is $7.57 and its 200 day simple moving average is $7.00.

Geopark (NYSE:GPRK) last issued its earnings results on Wednesday, November 5th. The oil and gas company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.31 by $0.11. The company had revenue of $125.10 million during the quarter, compared to analysts’ expectations of $114.00 million. Geopark had a net margin of 6.45% and a return on equity of 33.42%. On average, analysts predict that Geopark will post 1.97 EPS for the current year.

Geopark Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 19th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, November 19th. Geopark’s dividend payout ratio is currently 18.46%.

Geopark Company Profile

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.