GeoPark Ltd

GeoPark Ltd has announced its Annual General Meeting (AGM) of Shareholders to be held on July 14, 2026, in Hamilton, Bermuda. The agenda includes the re-election of six current directors and the election of three new directors, Gabriel Gilinski, Dorita Gilinski, and Camilo Martínez. Shareholders will also vote on the appointment of Ernst & Young Audit S.A.S. as external auditors for the fiscal year ending December 31, 2026, and authorize the Audit Committee to fix their remuneration. The company's audited financial statements for 2025 will also be presented.

GeoPark Limited announced the publication of its 2025 SPEED/Sustainability Report, highlighting efficient operations, progress in decarbonization, and a solid foundation for growth. The company achieved production of 28,233 barrels of oil equivalent per day, exceeding its 2025 guidance, and reduced emissions intensity by 35% over five years. GeoPark also reported US$70 million in savings from decarbonization efforts and US$2.3 million from circular economy initiatives, alongside a record-low incident rate and significant social investments. The report also details the company's entry into the Vaca Muerta formation in Argentina.

GeoPark Ltd reported strong Q1 2026 results, with revenue increasing 16% to $128.4 million and Adjusted EBITDA rising 54% to $71.3 million, driven by higher sales volumes, improved realized prices, and disciplined cost management. The company strengthened its financial position with $274.9 million in cash and a net leverage of 1.3x, benefiting from local debt, escrow recovery, and a $107.0 million investment from Grupo Gilinski. GeoPark declared a quarterly dividend of $0.023 per share but announced a suspension starting with 3Q2026 results to support capital allocation during its investment phase.

GeoPark Ltd reported a significant increase in profit for Q1 2026, reaching $20.18 million, a 54% rise year-over-year, with basic EPS increasing to $0.36. This performance was notably boosted by a $25 million break-up fee from an unconsummated acquisition. The company also secured a $107 million strategic equity investment from Grupo Gilinski, contributing to a substantial increase in cash and cash equivalents. Despite a decrease in revenue, operating profit improved, and net cash from operating activities turned positive.