GeoPark reports Q3 oil and gas production of 28,136 boepd

BOGOTA - Latin American energy company GeoPark Limited (NYSE:GPRK), currently trading at $6 per share and identified as undervalued according to InvestingPro analysis, reported third quarter 2025 oil and gas production of 28,136 barrels of oil equivalent per day (boepd), representing a 3% increase from the previous quarter, according to a company press release.

The production increase was primarily driven by stronger performance across core assets, including better-than-expected results from waterflood and workover activities at the Llanos 34 block in Colombia, where GeoPark holds a 45% working interest. The company, which maintains impressive gross profit margins of 74% and offers a significant 9.87% dividend yield, also cited improved production from the CPO-5 block following the absence of blockades, and increased output from the Manati gas field in Brazil.

In the Llanos 34 block, waterflooding projects contributed approximately 5,698 boepd gross, exceeding the company’s plan by 14%. The company’s workover campaign focused on 18 wells, delivering 2,250 boepd gross and reducing water production by 25,200 barrels of water per day from November 2024 to September 2025.

The CPO-5 block, where GeoPark holds a 30% non-operated working interest, saw average production reach 7,075 bopd net, up 16% from the second quarter. This increase was attributed to strong performance at the Indico field and reduced downtime.

GeoPark also announced the completion of its Vaca Muerta acquisition in Argentina on October 16, 2025, marking the effective date for the company’s operational and financial consolidation in this region.

For the fourth quarter of 2025, GeoPark plans to drill 3-5 gross wells in Colombia, targeting appraisal and exploration projects. The company also expects to complete the divestment of its interest in the Manati gas field and its Espejo and Perico blocks in Ecuador during this period.

Year-to-date, GeoPark’s consolidated average oil and gas production stands at 28,194 boepd. The company, currently valued at $309.41 million with a P/E ratio of 7.46, is scheduled to report its third quarter 2025 financial results on November 5, 2025. For deeper insights into GeoPark’s financial health and growth potential, including additional ProTips and comprehensive valuation metrics, visit InvestingPro.

In other recent news, GeoPark Limited reported its second-quarter 2025 earnings, revealing a notable miss in earnings per share (EPS) but a slight beat in revenue forecasts. The company posted an EPS of -$0.20, significantly below the expected $0.20, marking a 200% negative surprise. However, GeoPark’s revenue reached $119.8 million, surpassing the forecast of $117 million. Additionally, GeoPark has completed its acquisition of two oil blocks in Argentina’s Vaca Muerta formation from Pluspetrol S.A. The acquisition includes a 100% operated working interest in the Loma Jarillosa Este block and a 95% operated interest in the Puesto Silva Oeste block, with a 5% interest transferred to Gas y Petróleo del Neuquén S.A. as a strategic partner. This transaction, valued at $115 million, received final regulatory approvals from the Government of Neuquén Province. The completion of this acquisition marks a significant strategic expansion for GeoPark in the region.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.