STOCK TITAN
  1. Home
  2. News
  3. GPRK

Geopark Limited - GPRK STOCK NEWS

Welcome to our dedicated news page for Geopark (Ticker: GPRK), a resource for investors and traders seeking the latest updates and insights on Geopark.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Geopark's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Geopark's position in the market.

News
Geopark Announces First Quarter 2024 Operational Update
Rhea-AI Summary
GeoPark announces its first quarter 2024 operational update, highlighting strong production performance in Llanos 34 and CPO-5 blocks, driving current production to over 38,000 Boepd. The company reports stable production in Llanos 34 Block and maintenance activities in Manati gas field. The Llanos 34 Block reached a twelve-month production high, while the CPO-5 Block achieved new record production levels. GeoPark also provides updates on exploration and appraisal projects, maintaining unchanged 2024 guidance and upcoming drilling plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News
GEOPARK ANNOUNCES FINAL RESULTS OF ITS TENDER OFFER
Rhea-AI Summary
GeoPark announces the final results of its tender offer to purchase its common shares, acquiring 4,369,181 shares at a price of U.S.$10.00 per share, totaling approximately U.S.$43.7 million. The tender offer represented 7.87% of the issued and outstanding common shares as of April 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.02%
Tags
none
-
News
GEOPARK ANNOUNCES PRELIMINARY RESULTS OF ITS TENDER OFFER
Rhea-AI Summary
GeoPark (NYSE: GPRK) announced the preliminary results of its tender offer to purchase its common shares, with a total of 4,444,044 shares properly tendered and not withdrawn at or below a price of U.S.$10.00 per share. GeoPark expects to accept for payment an aggregate of 4,444,044 shares at a purchase price of U.S.$10.00 per share, representing approximately 8.01% of its issued and outstanding common shares. The final number of shares to be purchased and the final purchase price per share are subject to confirmation by the Depositary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
News
GeoPark Announces Exclusive Negotiations for Unconventional Blocks in Vaca Muerta in Argentina
Rhea-AI Summary
GeoPark (NYSE: GPRK) announces a binding offer to acquire a non-operated Working Interest in unconventional blocks in Argentina. The potential acquisition is valued at around $200 million with an additional carry of $110 - 120 million over two years. The assets are expected to contribute over 5,000 net boepd of production. GeoPark plans to fund the acquisition through a mix of cash, credit facilities, and new financing. The transaction is anticipated to close in 3Q2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
-
News
GeoPark Announces the Filing of Its Form 20-F for Fiscal Year 2023
Rhea-AI Summary
GeoPark (NYSE: GPRK) files Form 20-F for fiscal year 2023 with the SEC, providing access to audited financial statements and shareholder information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
earnings
-
News
GEOPARK ANNOUNCES COMMENCEMENT OF TENDER OFFER TO PURCHASE UP TO U.S.$50,000,000 OF ITS COMMON SHARES AT PRICE NOT GREATER THAN U.S.$10.00 NOR LESS THAN U.S.$9.00 PER COMMON SHARE
Rhea-AI Summary
GeoPark (GPRK) initiates a tender offer to purchase up to $50 million of its common shares, aiming to repurchase between 9.01% and 10.02% of issued shares. The offer expires on April 17, 2024, with shareholders receiving cash for shares tendered at or below the purchase price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
News
GeoPark Announces Quarterly Cash Dividend of $0.136 Per Share
Rhea-AI Summary
GeoPark Limited (NYSE: GPRK) declares a quarterly cash dividend of $0.136 per share, totaling $7.5 million, payable on March 28, 2024, to shareholders of record on March 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.36%
Tags
dividends
-
News
GeoPark Reports Fourth Quarter and Full-Year 2023 Results
Rhea-AI Summary
GeoPark Limited (GPRK) reports strong financial performance in 4Q2023 and FY2023 with $451.9 million Adjusted EBITDA and $111.1 million net profit. The company invested $199.0 million in capital expenditures, achieved a 110% 2P Replacement Ratio, and reported a 10% increase in quarterly average oil and gas production. GeoPark's MSCI ESG rating was upgraded to 'AA', and the company plans to commence a tender offer for up to $50 million shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.36%
Tags
earnings
-
News
GeoPark Announces 2P Reserve Replacement of 110%
Rhea-AI Summary
GeoPark Limited announced its 2023 year-end oil and gas reserves assessment, showcasing a 110% 2P Reserve Replacement Ratio. The company added 14.0 mmboe of net 2P reserves, with a significant focus on Colombia. The successful drilling campaign led to eight exploration discoveries, contributing to a 2P NPV10 After Tax of $1.8 billion. GeoPark aims to drill 35-45 wells in 2024, targeting production growth and value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
Tags
none
News
GeoPark Announces Fourth Quarter 2023 Operational Update
Rhea-AI Summary
GeoPark Limited (NYSE: GPRK) reports a 10% increase in quarterly production, with exploration successes in Colombia and Ecuador. Shareholder returns exceeded full-year targets, and the company maintained a strong balance sheet. The company is divesting non-core operations in Chile and expects to grow production and return value in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
earnings
Stock GPRK logo
Geopark Limited

NYSE:GPRK

GPRK Rankings

#2901 Ranked by Market Cap
#3993 Ranked by Stock Gains
#530 Ranked by Dividends

GPRK Stock Data

544.72M
33.97M
28.2%
53.13%
0.77%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Chile
Nuestra Senora De Los Angeles 179

About GPRK

geopark is a leading independent latin american oil and gas explorer, operator and consolidator with operations and growth platforms in colombia, chile, brazil, argentina, and peru. our strengths are: successful and experienced management and technical team; consistent year - to - year track record of production and reserve growth; attractive portfolio of high potential oil and gas assets; strong balance sheet with supporting cash flow; conservative risk - balanced business approach; active portfolio of new project opportunities throughout latin america; extensive partners and capital network to support new growth; and in-house culture of commitment, care and excellence.