Geopark Ltd (NYSE:GPRK) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GPRK to report 3Q20 income of $ 0.37 per share.
For the full year, analysts anticipate top line of $ 361.52 million, while looking forward to loss of $ 1.54 per share bottom line.
Previous Quarter Performance
Geopark Ltd announced loss for the second quarter of $ 0.33 per share, from the revenue of $ 55.70 million. According to street consensus, GPRK was expected to report 2Q20 loss of $ 0.50 per share from revenue of $ 33.40 million. The bottom line results beat street analysts by $ 0.17 or 34.00 percent, at the same time, top line results outshined analysts by $ 22.30 million or 66.77 percent.
Stock Performance
Shares of Geopark Ltd traded low $ -0.03 or -0.43 percent on Tuesday, reaching $ 6.87 with volume of 104.60 thousand shares. Geopark Ltd has traded high as $ 7.06 and has cracked $ 6.72 on the downward trend
According to the previous trading day, closing price of $ 6.87, representing a 26.84 % increase from the 52 week low of $ 5.44 and a 69.5 % decrease over the 52 week high of $ 22.62.
The company has a market capital of $ 416.30 million and is part of the Energy sector and Oil & Gas E&P industry.
GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Peru. As of December 31, 2018, the company had working and/or economic interests in 25 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field. It had net proved reserves of 108.4 million barrels of oil equivalent.
