GeoPark Limited (NYSE:GPRK) saw a 10.04% surge in share price between January 22 and 29, 2026, making it one of the top-performing energy stocks for the week. The company has announced the acquisition of Frontera Energy’s assets in Colombia, valued at $375 million in cash.
The deal is expected to immediately add 147 million barrels of oil equivalent to GeoPark’s reserves and boost its production to over 90,000 boepd by 2028. CEO Felipe Bayon highlighted the transaction’s significance, positioning GeoPark as the largest private operator in Colombia with increased cash-flow durability and growth opportunities.
While GeoPark (GPRK) shows promise, some believe AI stocks offer better potential. For those seeking undervalued AI investments, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: GeoPark (GPRK) Acquires Frontera Energy’s Assets in Colombia
