GeoPark reports Q2 EPS (20c), two estimates 16c

Reports Q2 revenue $119.8M, consensus $118.33M. Felipe Bayon, Chief Executive Officer of GeoPark (GPRK), said: “My first two months at GeoPark have been an intense and rewarding period of learning, listening, and engaging closely with our teams and operations. I have encountered a company with a very solid operating platform and a deeply committed team, and these strong foundations have allowed us to continue delivering resilient results, despite today’s complex and volatile environment. Our second quarter results were slightly ahead of our existing guidance, and we are actively reassessing our portfolio and cost structure, prioritizing capital allocation, divesting non-core assets and exploring new organic and inorganic opportunities to generate value. With focus, agility, and the right decisions, I’m confident we can write GeoPark’s next growth chapter.”