The Panic-Proof Portfolio (Stockchase Research)
GeoPark Limited
GPRK-Q
TOP PICK
May 30, 2024
Stockchase Research Editor: Michael O'Reilly
GPRK is a Colombia based oil and gas producer with assets extending into Chile, Brazil, Argentina and Ecuador. It trades at 5x earnings, under 3x book and boasts a 70% ROE. Cash reserves are growing while debt is retired and shares bought back. Its dividend is supported by a payout ratio under 30% of cash flow. We recommend setting a stop-loss at $9, looking to achieve $14 -- upside potential over 30%. Yield 5.2%
GPRK is a Colombia based oil and gas producer with assets extending into Chile, Brazil, Argentina and Ecuador. It trades at 5x earnings, under 3x book and boasts a 70% ROE. Cash reserves are growing while debt is retired and shares bought back. Its dividend is supported by a payout ratio under 30% of cash flow. We recommend setting a stop-loss at $9, looking to achieve $14 -- upside potential over 30%. Yield 5.2%
(Analysts’ price target is $17.20)