Geopark Q1 Earnings Call Highlights

1 week ago 7

MarketBeat

Sun, May 10, 2026 astatine 12:14 PM CDT 7 min read

Geopark logo

Key Points

Interested successful Geopark Ltd? Here are 5 stocks we similar better.
GeoPark said it had a strong archetypal quarter, with accumulation of 27,249 boe/d, gross up 16% sequentially to $128.4 million, and adjusted EBITDA jumping 54% to $71.3 million. Management highlighted little operating costs and improved realized pricing arsenic cardinal drivers.
Argentina remains the main maturation story, arsenic the institution precocious drilling and infrastructure enactment astatine Vaca Muerta’s Loma Jarillosa Este block. GeoPark expects accumulation determination to emergence from 1,430 boe/d successful Q1 to 5,000–6,000 boe/d by December 2026.
The company’s balance expanse and superior programme stay disciplined, with $274.9 cardinal successful cash, nett indebtedness of $333.1 million, and nary main maturities until January 2027. GeoPark reaffirmed 2026 capex of $190 cardinal to $220 cardinal and continues to hedge a important information of output.

Geopark (NYSE:GPRK) reported what Chief Executive Officer Felipe Bayón described arsenic a “strong commencement to the year,” citing unchangeable production, improved lipid pricing, outgo reductions and advancement connected the company’s maturation plans successful Argentina during its first-quarter 2026 net call.

The institution produced an mean of 27,249 barrels of lipid equivalent per time successful the 4th ended March 31, 2026, from operations successful Colombia and Argentina. Bayón said accumulation was wrong 2026 guidance and supra the 4th fourth of 2025, reflecting “stable basal production, coagulated execution, and continued advancement crossed our portfolio.”

→ Wells Fargo’s Comeback Is Real—But Not Risk-Free

Revenue roseate 16% from the anterior 4th to $128.4 million, supported by an 8% summation successful income volumes, including commercialization of deferred volumes from 2025. Adjusted EBITDA accrued 54% sequentially to $71.3 million, representing a 56% margin. Operating nett roseate to $58 cardinal from $20.6 cardinal successful the 4th quarter, portion nett income was $20.2 million.

Argentina Growth Remains Central to Strategy

GeoPark said it continued to beforehand its Vaca Muerta plans successful Argentina, wherever it began drilling enactment successful the Loma Jarillosa Este artifact and continued infrastructure work. Bayón said Argentina is expected to go a cardinal contributor to aboriginal growth, with accumulation projected to emergence from 1,430 barrels of lipid equivalent per time successful the archetypal 4th to 5,000 to 6,000 barrels of lipid equivalent per time by December 2026.

→ Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance

During the question-and-answer session, Bayón said the institution had drilled 3 horizontal sections ranging from astir 2,200 to 3,000 meters, connected clip and connected budget. He said the institution expects to statesman fracking the wells successful June and plans to motion a declaration successful the coming weeks for a “factory drilling rig” expected to commencement successful December.

Read Entire Article