GeoPark (GPRK) Corporate Presentation summary
Event summary combining transcript, slides, and related documents.
Corporate Presentation summary
21 Oct, 2025Operational performance and portfolio
Achieved net daily production of 28,223 boepd in 2Q2025, with 1H2025 averaging 27,380 boepd, primarily from Colombia and Brazil.
Maintains a distinctive portfolio with world-class assets, including Llanos 34 and CPO-5 blocks, which have shown significant production and reserve growth since acquisition.
Llanos 34 produced 17,605 net BOPD in 2Q2025 with 94% production efficiency and an 8.1-year 2P reserve life index.
CPO-5 block, acquired in 2020, now produces 6,100 net BOPD from 8 wells, with Indico among Colombia's top 10 producing fields.
2025 campaign includes development, appraisal, injector wells, workovers, and equipment upgrades across key assets.
Financial results and capital efficiency
Reported $257M in revenues and $159M in adjusted EBITDA for 1H2025, with a 62% EBITDA margin.
Operating costs were $12.3/boe, and cash position stood at $266M as of June 2025.
Net leverage reduced to 1.1x, with a long-term objective of keeping net leverage below 1.5x.
Return on average capital employed (ROACE) reached 26% as of June 2025.
G&A per barrel reduced by 55% since 2013, and adjusted EBITDA margin improved to 63% in 2024.
Balance sheet, hedging, and shareholder returns
Cash position of $226M as of August 31, 2025, with $1.8B 2P net present value and $100M in committed financing.
Hedges in place secure base oil price, with 86% average hedging ratio for 2025 and 50% for 2026.
Bonds outstanding include $495M maturing in 2030 and $95M maturing in 2027.
Quarterly cash dividend of $7.5M, totaling $22.5M distributed year-to-date, with a -9.0% dividend yield based on average market cap.
Trading below historical EV/EBITDA multiples, offering an attractive NAV/share valuation.
Latest events from GeoPark
- Exceeded production and cost targets while advancing major acquisitions amid lower oil prices.GPRK
Q4 202526 Feb 2026 - Q2 2024 saw strong financials, rising production, and higher returns, despite operational risks.GPRK
Q2 20241 Feb 2026 - Revenue and EBITDA declined, but net profit and cash position improved; 18% yield held.GPRK
Q3 202415 Jan 2026 - Growth in Vaca Muerta and disciplined execution aim to double EBITDA by 2030.GPRK
Investor Day 202516 Dec 2025 - Vaca Muerta acquisition fueled 41% 2P reserve growth and $73.7M in shareholder returns.GPRK
Q4 20242 Dec 2025 - Resilient Q2 with $71.5M EBITDA, strong cash, and continued dividends amid portfolio optimization.GPRK
Q2 202523 Nov 2025 - Production, profitability, and cash flow exceeded guidance, with robust efficiency and a 9% yield.GPRK
Q1 202518 Nov 2025 - Q3 2025 saw strong results, Vaca Muerta entry, production growth, and strategic capital actions.GPRK
Q3 202513 Nov 2025