GeoPark (NYSE:GPRK) - Share price, News & Analysis

GPRK fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	2/6
Dividends	3/6

GPRK Stock Overview

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador.

Rewards

Trading at 56.6% below our estimate of its fair value

Earnings are forecast to grow 9.69% per year

Became profitable this year

Risk Analysis

Negative shareholders equity

Has a high level of debt

Unstable dividend track record

GeoPark Competitors

Kosmos Energy

NYSE:KOS

US$3.2b

Gran Tierra Energy

NYSEAM:GTE

US$571.1m

Petro Rio

BOVESPA:PRIO3

R$22.9b

Enauta Participações

BOVESPA:ENAT3

R$5.7b

Price History & Performance

Summary of all time highs, changes and price drops for GeoPark
Historical stock prices
Current Share Price	US$15.74
52 Week High	US$17.96
52 Week Low	US$9.50
Beta	1.59
1 Month Change	-0.44%
3 Month Change	8.33%
1 Year Change	9.00%
3 Year Change	1.69%
5 Year Change	81.44%
Change since IPO	80.61%

Shareholder Returns

	GPRK	US Oil and Gas	US Market
7D	-1.9%	0.2%	-4.0%
1Y	9.0%	58.6%	-13.2%

Return vs Industry: GPRK underperformed the US Oil and Gas industry which returned 54.9% over the past year.

Return vs Market: GPRK exceeded the US Market which returned -12.3% over the past year.

Price Volatility

Is GPRK's price volatile compared to industry and market?
GPRK volatility
GPRK Average Weekly Movement	7.1%
Oil and Gas Industry Average Movement	8.4%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: GPRK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GPRK's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	463	Jim Park	https://www.geo-park.com

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. As of December 31, 2021, the company had working and/or economic interests in 42 hydrocarbons blocks. It had net proved reserves of 87.8 million barrels of oil equivalent.

GeoPark Fundamentals Summary

How do GeoPark's earnings and revenue compare to its market cap?
GPRK fundamental statistics
Market Cap	US$944.65m
Earnings (TTM)	US$102.47m
Revenue (TTM)	US$791.10m

9.2x

P/E Ratio

1.2x

P/S Ratio

Is GPRK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GPRK income statement (TTM)
Revenue	US$791.10m
Cost of Revenue	US$241.72m
Gross Profit	US$549.38m
Other Expenses	US$446.91m
Earnings	US$102.47m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.71
Gross Margin	69.45%
Net Profit Margin	12.95%
Debt/Equity Ratio	-1,774.6%

How did GPRK perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

10%

Payout Ratio

Does GPRK pay a reliable dividends?

See GPRK dividend history and benchmarks

When do you need to buy GPRK by to receive an upcoming dividend?
GeoPark dividend dates
Ex Dividend Date	May 25 2022
Dividend Pay Date	Jun 10 2022
Days until Ex dividend	1 day
Days until Dividend pay date	15 days

Does GPRK pay a reliable dividends?

See GPRK dividend history and benchmarks

Valuation

Is GeoPark undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: GPRK ($15.74) is trading below our estimate of fair value ($36.25)

Significantly Below Fair Value: GPRK is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: GPRK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US Oil and Gas industry average (13.6x).

PE vs Market: GPRK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US market (15.1x).

Price to Earnings Growth Ratio

PEG Ratio: GPRK is good value based on its PEG Ratio (1x)

Price to Book Ratio

PB vs Industry: GPRK has negative assets, so we can't compare its Price-To-Book Ratio to the US Oil and Gas industry average.

Future Growth

How is GeoPark forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

9.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPRK's forecast earnings growth (9.7% per year) is above the savings rate (1.9%).

Earnings vs Market: GPRK's earnings (9.7% per year) are forecast to grow slower than the US market (12.3% per year).

High Growth Earnings: GPRK's earnings are forecast to grow, but not significantly.

Revenue vs Market: GPRK's revenue is expected to decline over the next 3 years (-6.4% per year).

High Growth Revenue: GPRK's revenue is forecast to decline over the next 3 years (-6.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GPRK's Return on Equity is forecast to be very high in 3 years time (62.8%).

Past Performance

How has GeoPark performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-15.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GPRK has high quality earnings.

Growing Profit Margin: GPRK became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: GPRK has become profitable over the past 5 years, growing earnings by -15.7% per year.

Accelerating Growth: GPRK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GPRK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (88.4%).

Return on Equity

High ROE: GPRK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Financial Health

How is GeoPark's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: GPRK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GPRK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: GPRK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GPRK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: GPRK's debt is well covered by operating cash flow (42%).

Interest Coverage: GPRK's interest payments on its debt are well covered by EBIT (5.5x coverage).

Balance Sheet

Dividend

What is GeoPark current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.08%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GPRK's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: GPRK's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (4.05%).

Stability and Growth of Payments

Stable Dividend: GPRK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GPRK's dividend payments have increased, but the company has only paid a dividend for 3 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.7%), GPRK's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16.2%), GPRK's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

9.4yrs

Average management tenure

CEO

Jim Park (66 yo)

20.33yrs

Tenure

US$1,600,000

Compensation

Mr. James Franklin Park, also known as Jim, has been Chief Executive Officer and Director of GeoPark Limited since 2002. Mr. Park has been a Director at Amerisur Resources plc since January 16, 2020. He co...

CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD1.60M) is below average for companies of similar size in the US market ($USD3.85M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: GPRK's management team is seasoned and experienced (9.4 years average tenure).

Board Members

Experienced Board: GPRK's board of directors are considered experienced (5.6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31