GeoPark (GPRK) has released an update.
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GeoPark Limited reported a robust financial performance in Q3 2024, generating a net profit of $25.1 million and achieving an adjusted EBITDA of $99.8 million, despite challenging market conditions. The company invested $45.9 million in capital expenditures to enhance its operations in Colombia and Ecuador, while maintaining a strong cash balance of $123.4 million. GeoPark also announced a quarterly cash dividend of $0.147 per share, reflecting its commitment to shareholder returns.
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