GeoPark's Acquisition Talks Collapse, Shares Down 11.7%

Friday, Dec 12, 2025 6:20 am ET1min read
GPRK--

GeoPark's share price fell 11.7% between December 3 and December 10, 2025, after acquisition talks with Parex Resources came to a halt. Parex refused to increase its $9-per-share cash offer, which GeoPark believed undervalued its assets. Despite this setback, GeoPark announced its 2026 Work Program and medium-term guidelines, aiming to triple CapEx, double adjusted EBITDA, and grow production by over 60% through 2028.

GeoPark's Acquisition Talks Collapse, Shares Down 11.7%

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