GeoPark (GPRK)
NYSE:GPRK
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.2Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: production stabilized and improved, revenues and adjusted EBITDA rose strongly QoQ, unit costs declined, liquidity and balance-sheet metrics were strengthened, and execution in Argentina (Vaca Muerta) showed concrete early operational progress with clear ramp targets. The main negatives relate to the company’s sizable hedge position that mutes near-term price upside and could produce material derivative losses if oil stays high, higher taxes/nonrecurring charges that reduced reported net income, and temporary production impacts and elevated water handling needs associated with the Argentina fracking program. Overall, highlights (strong cash/liquidity position, margin expansion, cost reductions, successful Argentina execution and strategic investor support) materially outweigh the lowlights (hedging-related losses and temporary operational impacts), supporting a positive outlook while noting near-term hedging and tax headwinds.Company Guidance
Production in line with guidance and improving
Average production of 27,249 barrels of oil equivalent per day (boe/d) from Colombia and Argentina, performing within 2026 guidance and higher than Q4 2025; Llanos 123 production increased 13% versus prior quarter; management expects Argentina production to rise from 1,430 boe/d (Q1) to 5,000–6,000 boe/d by December 2026.
Revenue and sales volume growth
Revenues of $128.4 million, up 16% versus the fourth quarter of 2025, supported by an 8% increase in sales volumes (including commercialization of deferred volumes).
Strong profitability and margin expansion
Adjusted EBITDA of $71.3 million, representing a 56% margin and a 54% increase versus the prior quarter; operating profit rose to $58.0 million from $20.6 million QoQ; net income for the period was $20.2 million despite nonrecurring items and higher taxes.
Improved unit costs and structural cost reduction
Operating costs decreased to $14.7 per barrel from $15.8 per barrel in Q4 2025 (≈7% reduction); structure costs improved from $5.6/boe to $4.0/boe (≈28.6% reduction), reflecting efficiency initiatives and cost-control actions.
Execution progress in Vaca Muerta (Argentina)
Successfully drilled three horizontal sections (2,200–3,000 m) on Loma Jarillosa Este on time and budget; fracking planned for June (200+ frac stages across five wells on the pad); engineering for central processing facility underway and factory-mode drilling contract expected to be signed soon; target scale-up to ~20,000 boe/d in Vaca Muerta by 2028.
Strong liquidity, balance sheet and capital discipline
Quarter-end cash position of $274.9 million; operating cash flow of $32.9 million fully funded investments; invested $22 million in the quarter (EBITDA/CapEx ≈ 3.4x); return on average capital employed of 19%; net debt $333.1 million with leverage of 1.3x and no principal maturities until January 2027.
Strategic financing and shareholder support
Strengthened liquidity via $107 million equity investment from Grupo Gilinski, $100.3 million escrow recovery/breakup fee, and $65 million local debt raise (related to Frontera process); Board declared a quarterly dividend of $0.023 per share.
Risk management and hedging program
Established price protection covering approximately 19,000 barrels per day for 2026 (white collars with downside protection and upside participation) and hedged ~11,000 bpd for 2027, providing cash flow visibility to support growth investments.
Operational safety and resilience
All operations conducted with strong HSE performance: zero injuries and no major process safety events; Llanos 34 supported by secondary recovery (waterflooding) and CPO-5 delivered production above plan despite social disruptions.
GPRK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPRK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $9.39 | $9.13 | -2.76% |
Feb 25, 2026 | $8.33 | $8.47 | +1.67% |
Nov 05, 2025 | $7.66 | $8.22 | +7.37% |
Aug 05, 2025 | $6.43 | $6.30 | -1.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GeoPark (GPRK) report earnings?
GeoPark (GPRK) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is GeoPark (GPRK) earnings time?
GeoPark (GPRK) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is GPRK EPS forecast?
Currently, no data Available