Geopark Ltd Stock Price, News & Analysis

GeoPark (NYSE:GPRK), a leading independent energy company in Latin America, has updated its reporting schedule for Second Quarter 2025 financial results. The company will release its Q2 2025 results on Tuesday, August 5, 2025, after market close.

A conference call with management will be held on Wednesday, August 6, 2025, at 10:00 am EDT. Investors can access the webcast through GeoPark's website or join via telephone using the provided dial-in numbers and passcode 553033.

GeoPark (NYSE: GPRK) released its Q2 2025 operational update, reporting consolidated production of 27,380 boepd, down 6% from Q1 2025. The decline was primarily due to the Llanos 32 Block divestment and temporary blockades in the CPO-5 Block.

Key operational highlights include: The Llanos 34 Block achieved 17,605 boepd net production, with waterflooding projects contributing 6,500 boepd gross. The company completed 5 wells in Q2, bringing the year-to-date total to 10. A notable discovery at the Currucutu-1 well in Llanos 123 Block produced an initial 1,360 bopd gross. New-generation rig implementations resulted in 30% cost savings and 23% faster operations compared to 2024.

GeoPark Limited (NYSE: GPRK) has announced the immediate adoption of a limited-duration shareholder rights plan, set to expire in 364 days. The Board of Directors unanimously approved this 'poison pill' measure in response to rapid stock accumulation by a single stockholder. The Rights Plan triggers if any entity acquires 12% or more of GeoPark's outstanding common shares without Board approval. When activated, shareholders (except the triggering party) can purchase additional shares at a discount, effectively diluting the acquiring party's stake. This defensive measure aims to protect shareholder value by preventing unauthorized takeover attempts without appropriate control premiums. Goldman Sachs & Co. LLC and Davis Polk & Wardwell LLP are serving as financial advisor and legal counsel, respectively.

GeoPark (NYSE: GPRK) announced that its planned acquisition of a non-operated working interest in four unconventional blocks in Vaca Muerta, Argentina will not proceed as Phoenix Global Resources has withdrawn from the agreement following the contractual "Outside Date" of May 13, 2025. Despite this development, GeoPark maintains a strong financial position with a $330 million cash balance and a net leverage ratio below 1.0x. The company has secured approximately 87% of its 2025 volumes through a hedging program. GeoPark remains committed to its North Star strategy focused on profitable growth through development of major assets in significant plays and basins. The company continues to pursue organic growth, evaluate inorganic opportunities, and consider value-enhancing alternatives including dividends, share buybacks, and debt reduction.

GeoPark (NYSE: GPRK) reported strong Q1 2025 results with Adjusted EBITDA of $87.9 million (64% margin), a 13% increase from Q4 2024. The company achieved consolidated production of 29,076 boepd, or 36,279 boepd pro forma including Vaca Muerta operations. Net profit reached $13.1 million, slightly down from $15.3 million in Q4 2024. Operating costs improved to $12.3 per boe from $14.5 in Q4 2024. The company maintained strong financial discipline with cash balance of $308 million and net debt of $349.4 million (0.9x leverage ratio). GeoPark declared a quarterly dividend of $0.147 per share, demonstrating commitment to shareholder returns. The company successfully implemented an efficiency program achieving 90% of targeted $5-7 million annual savings and divested non-core assets in Llanos 32 and Manati blocks.

GeoPark (NYSE: GPRK) has announced the appointment of Felipe Bayon as its new Chief Executive Officer and Board member, effective June 1, 2025. Bayon succeeds Andrés Ocampo, who is stepping down for personal reasons after serving as CEO for three years and CFO for over eight years.

Bayon brings over three decades of experience in the oil and gas industry, most notably serving as CEO of Ecopetrol from 2017 to 2023, where he managed 18,000 employees and oversaw production of 700,000 boepd with revenues exceeding $30 billion. His career includes significant achievements at Shell and BP, including leadership of Pan American Energy. At Ecopetrol, he led strategic expansions into the Permian Basin with Oxy, Brazilian ultra-deep water pre-salt operations with Shell, and investments in renewable energies.

GeoPark (NYSE: GPRK) reported its Q1 2025 operational update, achieving pro-forma consolidated production of 36,279 boepd, exceeding 2025 guidance of 35,000 boepd. The company's organic production was 8% lower than Q4 2024 due to the Platanillo Block suspension and Llanos 32 Block divestiture.

Key highlights include:

• Record production of 17,358 boepd in Vaca Muerta during February 2025
• New exploration discovery at Currucutu-1 well producing 1,360 bopd gross
• Strong liquidity with $308 million cash position
• Robust hedge position protecting 70% of expected 2025 production
• Cost efficiency program targeting $5-7 million in annual OPEX and G&A savings

The company completed 9 wells in Q1 2025, including 4 in Vaca Muerta, and announced the divestiture of non-core assets in Llanos 32 Block and Manati gas field, representing ~1,500 boepd in the 2025 work plan.

GeoPark (NYSE: GPRK) has published its 2024 SPEED/Sustainability Report, showcasing significant environmental progress and operational achievements. The company reported a 28% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2020, with emissions intensity reaching 10.3 kgCO₂e/BOE.

Key 2024 highlights include:

• Zero oil spills and environmental fines
• 7.01% reduction in water consumption vs 2023
• Six energy community projects in Colombia's Casanare region
• 100% of employees with climate change KPIs linked to compensation

The company received notable recognition including an AA rating from MSCI ESG Index, inclusion in the S&P Sustainability Yearbook 2025, and multiple awards for environmental leadership. The report follows international frameworks including GRI, SASB, IPIECA, TCFD, UN Global Compact, and SDGs.

GeoPark (NYSE: GPRK), a leading independent energy company with over 20 years of operations across Latin America, has announced the filing of its Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC).

The Form 20-F can be accessed through the SEC's website or the 'Invest with Us' section of GeoPark's website. Shareholders can request free hard copies of the company's audited financial statements or complete 2024 Form 20-F from the Investor Relations team.