GeoPark (NYSE:GPRK) Lifted to “Strong-Buy” at StockNews.com

GeoPark (NYSE:GPRK) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Sunday.

Separately, JPMorgan Chase & Co. upped their price objective on GeoPark from $11.50 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th.

GeoPark Stock Up 4.5 %

Shares of NYSE:GPRK opened at $8.20 on Friday. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.16 and a quick ratio of 1.10. The stock has a market cap of $453.69 million, a price-to-earnings ratio of 4.02 and a beta of 1.32. The company has a 50 day moving average of $8.40 and a 200-day moving average of $9.46. GeoPark has a one year low of $7.24 and a one year high of $11.25.

GeoPark (NYSE:GPRK) last released its earnings results on Wednesday, August 14th. The oil and gas company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.30). The business had revenue of $190.20 million for the quarter, compared to analyst estimates of $182.74 million. GeoPark had a return on equity of 60.77% and a net margin of 14.28%. On average, sell-side analysts forecast that GeoPark will post 3.09 earnings per share for the current year.

Institutional Trading of GeoPark

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC bought a new position in shares of GeoPark during the first quarter worth about $28,000. Employees Retirement System of Texas acquired a new position in GeoPark during the 2nd quarter worth approximately $34,000. nVerses Capital LLC bought a new position in shares of GeoPark during the 2nd quarter worth approximately $35,000. Armstrong Fleming & Moore Inc raised its holdings in shares of GeoPark by 2.7% in the third quarter. Armstrong Fleming & Moore Inc now owns 187,726 shares of the oil and gas company’s stock valued at $1,477,000 after purchasing an additional 4,859 shares during the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of GeoPark in the third quarter worth $38,000. 68.21% of the stock is owned by institutional investors.

GeoPark Company Profile

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.