Teekay Offshore Partners L.P. (TOO) Trades at $2.36 After Triangle; 7 Analysts Are Bullish GeoPark Limited (GPRK) Last Week

December 30, 2017 - By Danny Collins

Teekay Offshore Partners L.P. (TOO) formed triangle with $2.50 target or 6.00% above today’s $2.36 share price. Teekay Offshore Partners L.P. (TOO) has $993.67M valuation. The stock increased 3.96% or $0.09 during the last trading session, reaching $2.36. About 1.12 million shares traded or 16.99% up from the average. Teekay Offshore Partners L.P. (NYSE:TOO) has declined 43.83% since December 30, 2016 and is downtrending. It has underperformed by 60.53% the S&P500.

Among 7 analysts covering GeoPark Limited (NYSE) (NYSE:GPRK), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GeoPark Limited (NYSE) had 19 analyst reports since September 4, 2015 according to SRatingsIntel. FirstEnergy Capital upgraded the shares of GPRK in report on Thursday, November 12 to “Outperform” rating. As per Friday, May 26, the company rating was initiated by Echelon Wealth Partners. The firm has “Buy” rating given on Thursday, August 10 by GMP Securities. The firm has “Buy” rating by Canaccord Genuity given on Monday, December 4. The stock of GeoPark Limited (NYSE:GPRK) has “Overweight” rating given on Monday, March 13 by JP Morgan. On Friday, May 26 the stock rating was initiated by Eurobank EFG with “Buy”. GMP Securities maintained GeoPark Limited (NYSE:GPRK) on Thursday, November 16 with “Buy” rating. The rating was maintained by GMP Securities with “Buy” on Monday, June 12. GMP Securities maintained GeoPark Limited (NYSE:GPRK) rating on Wednesday, June 28. GMP Securities has “Buy” rating and $1000 target. The stock of GeoPark Limited (NYSE:GPRK) has “Outperform” rating given on Friday, September 4 by FirstEnergy Capital. See GeoPark Limited (NYSE:GPRK) latest ratings:

20/12/2017 Broker: GMP Securities Rating: Buy New Target: $15.5 Maintain
19/12/2017 Broker: Canaccord Genuity Rating: Buy New Target: $11.5 Maintain
12/12/2017 Broker: GMP Securities Rating: Buy New Target: $15.0 Maintain
04/12/2017 Broker: Canaccord Genuity Rating: Buy New Target: $11.5 Maintain
16/11/2017 Broker: GMP Securities Rating: Buy New Target: $14.0 Maintain
23/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $11.5 Maintain
20/09/2017 Broker: GMP Securities Rating: Buy New Target: $13.5 Maintain
21/09/2017 Broker: Canaccord Genuity Rating: Buy New Target: $11.5 Initiates Coverage On
17/08/2017 Broker: GMP Securities Rating: Buy New Target: $13.5 Maintain
10/08/2017 Broker: GMP Securities Rating: Buy New Target: $10.0000 Maintain

GeoPark Limited engages in the exploration, development, and production of gas and oil reserves in Chile, Colombia, Brazil, Peru, and Argentina. The company has market cap of $595.56 million. As of December 31, 2016, the firm had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field. It currently has negative earnings. It had net proved reserves of 73.6 million barrels of oil equivalent.

The stock decreased 1.39% or $0.14 during the last trading session, reaching $9.91. About 61,142 shares traded. GeoPark Limited (NYSE:GPRK) has risen 222.35% since December 30, 2016 and is uptrending. It has outperformed by 205.65% the S&P500.

Analysts await Teekay Offshore Partners L.P. (NYSE:TOO) to report earnings on February, 22. They expect $0.10 earnings per share, up 433.33% or $0.13 from last year’s $-0.03 per share. TOO’s profit will be $42.10M for 5.90 P/E if the $0.10 EPS becomes a reality. After $0.02 actual earnings per share reported by Teekay Offshore Partners L.P. for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

Investors sentiment increased to 0.9 in 2017 Q3. Its up 0.21, from 0.69 in 2017Q2. It increased, as 9 investors sold Teekay Offshore Partners L.P. shares while 21 reduced holdings. 14 funds opened positions while 13 raised stakes. 71.14 million shares or 4.21% less from 74.27 million shares in 2017Q2 were reported. Wells Fargo And Mn has invested 0% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO). Moreover, Susquehanna Int Group Inc Llp has 0% invested in Teekay Offshore Partners L.P. (NYSE:TOO) for 605,584 shares. Barnett & owns 1,600 shares. Key Group Inc Holdg (Cayman) Limited holds 0.26% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO) for 988,521 shares. Royal Financial Bank Of Canada reported 18,758 shares stake. 73,100 are owned by California Pub Employees Retirement Sys. Raymond James Ser Inc invested in 0.01% or 368,728 shares. Thrivent Financial For Lutherans owns 455 shares. Endurance Wealth Mngmt owns 9,100 shares or 0% of their US portfolio. Eagle Global Lc invested 0.66% in Teekay Offshore Partners L.P. (NYSE:TOO). Jpmorgan Chase holds 1,000 shares. Ballentine Ltd Liability invested 0.01% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO). The Alabama-based Weiss Multi has invested 0.12% in Teekay Offshore Partners L.P. (NYSE:TOO). Berson And Corrado Investment Advsrs Ltd Liability Corporation has invested 0.8% in Teekay Offshore Partners L.P. (NYSE:TOO). Natixis holds 0% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO) for 25,000 shares.

Among 9 analysts covering Teekay Offshore (NYSE:TOO), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Teekay Offshore had 16 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Raymond James given on Friday, July 28. Citigroup upgraded the stock to “Buy” rating in Wednesday, July 26 report. As per Thursday, December 17, the company rating was downgraded by Seaport Global Securities. Bank of America downgraded the shares of TOO in report on Thursday, December 17 to “Underperform” rating. The stock has “Accumulate” rating by Global Hunter Securities on Tuesday, August 4. UBS maintained Teekay Offshore Partners L.P. (NYSE:TOO) rating on Monday, June 20. UBS has “Buy” rating and $7 target. The stock of Teekay Offshore Partners L.P. (NYSE:TOO) earned “Outperform” rating by RBC Capital Markets on Thursday, August 18. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, December 17. The stock has “Neutral” rating by Citigroup on Friday, August 7. The firm has “Outperform” rating by Wells Fargo given on Thursday, September 14.