Why is GeoPark Limited (GPRK) Losing This Week?
From Yahoo Finance: 2025-03-27 21:07:00
President Trump is aiming to lower energy costs for Americans by increasing oil and gas production, despite industry skepticism. The US is already the largest oil producer globally, with production hitting record highs. Energy stocks have gained 7.5% this year, but face challenges due to falling oil prices and uncertain tariff policies.
GeoPark Limited (NYSE:GPRK) ranks 9th on the list of energy stocks losing this week. Q4 2024 results showed mixed performance, with revenue exceeding forecasts but net profit declining due to currency devaluation and one-off expenses. While energy stocks have potential, AI stocks may offer higher returns in a shorter timeframe.