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GeoPark Reports Increased Quarterly Profit

GeoPark Reports Increased Quarterly Profit

GeoPark (GPRK) has released an update.

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GeoPark Limited has reported a profit of $30.2 million for the three-month period ending March 31, 2024, which is an increase from the $26.3 million profit reported in the same period the previous year. This financial performance reflects a notable improvement in operating profit, which rose to $83.9 million compared to $76.6 million. Despite a decrease in revenue from $182.5 million to $167.4 million, the company managed to increase its earnings per share from $0.45 to $0.55.

For further insights into GPRK stock, check out TipRanks’ Stock Analysis page.

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