Overview

* GeoPark ( GPRK ) Q2 revenue beats analyst expectations, adjusted EBITDA also exceeds estimates

* Co reports net loss of $10.3 mln due to non-recurring impairment charge

* Quarterly cash dividend declared at $0.147 per share, capital priorities under review

Outlook

* GeoPark ( GPRK ) expects $17.5 mln in annual savings from efficiency measures

* Company secured oil price protection for 2026 with 3-way collars

Result Drivers

* COST MANAGEMENT - GeoPark ( GPRK ) attributes resilient Q2 results to proactive cost management and disciplined capital allocation

* DIVESTMENT IMPACT - Net loss primarily due to non-recurring impairment charge from divestment of assets in Ecuador

* EFFICIENCY GAINS - $12.5 mln captured in efficiencies by end of July, supporting long-term competitiveness

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $119.80 $117 mln

Revenue mln (1

Analyst)

Q2 Beat $71.50 $70 mln

Adjusted mln (1

EBITDA Analyst)

Q2 Capex $23.90

mln

Q2 $7.10

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

* Wall Street's median 12-month price target for GeoPark Ltd ( GPRK ) is $11.50, about 44.5% above its August 4 closing price of $6.38

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)