tiprankstipranks
GeoPark Gains Approval for $500 Million Debt Issue
Company Announcements

GeoPark Gains Approval for $500 Million Debt Issue

GeoPark (GPRK) has released an update.

Pick the best stocks and maximize your portfolio:

GeoPark Argentina has secured an AA+ credit rating and received approval from the Argentine regulator to issue up to $500 million in debt securities. This move follows its acquisition of unconventional blocks in Vaca Muerta and is supported by strong production and cash flow from its Mata Mora Norte Block. The company plans to use the funds to support its production growth and capitalize on favorable domestic market conditions.

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

Related Articles
TipRanks Auto-Generated NewsdeskGeoPark Expands Colombian Oil Assets with Repsol Deal
TheFlyGeoPark agrees to acquire Repsol upstream oil and gas assets in Colombia
TipRanks Auto-Generated NewsdeskGeoPark Celebrates Exploration Success in Vaca Muerta
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App