• GeoPark first-quarter 2026 results call drew CEO Felipe Bayon, CFO Jaime Caballero, COO Martin Terrado, Chief Exploration & Development Officer Rodrigo Dalle Fiore, Shareholder Value and Capital Markets Director Maria Catalina Escobar; analysts included Jefferies, BTG Pactual, Balanz, Bradesco.
• Quarterly production averaged 27,249 boe/d; revenue reached USD 128.4 million; adjusted EBITDA totaled USD 71.3 million with 56% margin; net income came in at USD 20.2 million; board declared USD 0.023 per share quarterly dividend.
• Management set Vaca Muerta ramp target of 5,000-6,000 boe/d by December 2026 from 1,430 boe/d in first quarter; fracking of five-well pad slated for June with ramp from September; factory drilling rig contract expected within weeks with start in December; 2027 plan calls for two pads, 10 wells brought onstream, CPF online by end-2027.
• Hedging covers about 19,000 bbl/d in 2026 via three-way collars; CFO flagged potential derivatives losses of USD 60-120 million if full-year Brent averages USD 80-90; management ruled out unwinding 2026 positions, shifted focus to expanding 2027 hedges.
• Cash rose to USD 274.9 million; net debt stood at USD 333.1 million with leverage at 1.3x; management highlighted USD 107 million equity investment from Grupo Gilinski, reiterated M&A priority with focus on Colombia, Vaca Muerta oil window, emerging screening of Venezuela under January hydrocarbon law changes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Geopark Limited published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.