NYSE$GPRK

GeoPark Limited · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

GeoPark reported lower revenue and net profit in Q4 2024 due to lower production and oil prices but maintained strong financial discipline.

GeoPark's Q4 2024 revenue declined to $143.7 million, impacted by lower production and realized prices. Adjusted EBITDA decreased to $77.7 million, and net profit dropped to $15.3 million. Despite these challenges, operating profit remained stable at $44.6 million, and the company maintained strong cash flow and financial flexibility.

  • Revenue declined to $143.7 million due to lower production and prices.
  • Net profit fell to $15.3 million, down from $26.3 million in Q4 2023.
  • Adjusted EBITDA decreased to $77.7 million from $117.8 million in Q4 2023.
  • Operating profit remained solid at $44.6 million, supported by cost control.

Headline financials

Total Revenue

$144M

Previous: $200M-28.0%
EPS (adj)

$0.30

Previous: $0.47-36.2%
Free Cash Flow

$128M

No prior period
Net Income

$15.3M

Previous: $26.3M-41.8%
Operating Income

$44.6M

Previous: $84.1M-47.0%
Gross Profit

$37M

Previous: $101M-63.2%

Revenue & EPS history

GeoPark · Revenue · Quarterly

$144M

Q4 2024-28%vs Q4 2023
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

Forward guidance

GeoPark expects to maintain financial flexibility while investing in strategic growth initiatives, including Vaca Muerta development.

Tailwinds

  • Continued investment in high-potential assets like Vaca Muerta.
  • Financial flexibility improved with the issuance of senior notes due 2030.
  • Commitment to shareholder returns with ongoing dividends and buybacks.
  • Strategic capital allocation to maximize production efficiency.
  • Expected efficiency gains from portfolio optimization.

Headwinds

  • Lower expected production due to operational challenges.
  • Brent oil price volatility may impact realized revenue.
  • Higher capital expenditures required for expansion plans.
  • Potential regulatory delays in the Vaca Muerta acquisition.
  • Macroeconomic factors may impact cost structure and margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+2.0%

Avg return

30 days after

45%

24 / 53 earnings

Positive

+11.7%

Q2 2022

Best reaction

-15.0%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.6%+7.0%+6.9%
Q4 2024+5.0%-11.1%-11.2%
Q1 2024+1.8%+4.4%+4.1%
Q4 2023+8.3%+10.6%+16.4%
Q3 2023+3.9%+3.0%-3.1%
Q2 2023+1.5%+2.0%-5.5%
Q1 2023-8.9%+0.3%-5.3%
Q4 2022-5.6%-10.9%-15.3%
Q3 2022-1.6%-4.4%-12.0%
Q2 2022+11.7%+19.8%+12.5%
Q1 2022-2.5%+7.3%+14.3%
Q4 2021+1.8%-7.9%+8.0%
Q3 2021-6.1%-8.6%-18.7%
Q2 2021-4.3%-6.1%+0.6%
Q1 2021+3.9%+2.7%-7.3%
Q4 2020+1.5%-2.1%-9.3%
Q3 2020-1.2%+9.8%+58.4%
Q2 2020+2.6%+7.9%-8.5%
Q1 2020-15.0%+1.1%+20.2%
Q4 2019-3.5%-41.4%-51.9%
Q3 2019+1.5%+1.1%+0.9%
Q2 2019-0.8%-3.0%+3.8%
Q1 2019+1.9%+0.7%+14.5%
Q4 2018-2.4%-2.2%-3.8%
Q3 2018+2.8%+1.2%-16.4%
Q2 2018-6.9%-10.1%-4.7%
Q1 2018+2.1%+0.8%+22.8%
Q4 2017+4.5%+4.3%+27.4%
Q3 2017+3.5%+4.5%-3.4%
Q2 2017-2.8%-3.4%-5.1%
Q1 2017-6.3%-0.4%+8.7%
Q4 2016-0.5%-1.8%+17.6%
Q3 2016-0.4%+1.3%+5.4%
Q2 2016+4.0%+7.4%+7.4%
Q1 2016+3.1%
Q4 2015+0.4%
Q3 2015-3.8%
Q2 2015-3.9%
Q1 2015+5.7%
Q4 2014+0.0%
Q3 2014+0.0%
Q2 2014+2.2%
Q4 2013-0.4%
Q1 2014-4.4%
Q3 2013-0.7%
Q2 2013+0.0%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.8%
Q4 2011+0.4%
Q3 2011+0.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro