GeoPark 3Q2026 net profit falls 53% quarter over quarter to USD 6.6 million; 3Q2026 revenue drops 19% to USD 116.2 million quarter over quarter
Bitget2026/11/03 22:07- GeoPark’s third-quarter 2026 net income fell 53% from the previous quarter to $6.6 million.
- Revenue dropped 19% quarter over quarter to $116.2 million, pressured by lower realized prices and reduced sales volumes.
- Operating cash flow declined 85% from the previous quarter to $16.3 million, reflecting lower operating profitability and working capital movements.
- Following quarter-end, a $550 million senior notes issuance due 2033 strengthened funding for Vaca Muerta development.
- The Bare Block transaction in Venezuela closed November 2, with operational control expected before year-end 2026.
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