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Gulf Keystone Petroleum Ltd Com Shs (DI)

Current Price 64.00p Bid 40.00p Ask 87.00p Change -8.31%
Last Updated: 28/03/2020 17:28. Prices delayed by at least 15 minutes.
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Company Overview

Principal activity is oil exploration in the Kurdistan region of northern Iraq. In November 2007 Gulf Keystone secured interests in two production sharing contracts in the Kurdistan Region of Northern Iraq, Shaikan and Akri-Bijeel. In 2009, the Company diversified the asset base in Kurdistan with the addition of two new Production Sharing Contracts, Sheikh Adi and Ber Bahr. Stategy is to bring the company into production and to explore, appraise and develop current blocks to realise reserve potential.

Financial Highlights Year Ended 31/12/2018

Revenue
$250.55m
Operating Profit/Loss
$78.21m
Dividend yield (%)
n/a
Total dividend for year
$n/a
Dividend cover
n/a
P/E Ratio
6.50

Key Personnel

Jon Ferrier
Chief Executive Officer
Stuart Catterall
Chief Operating Officer
Ian Weatherdon
Chief Financial Officer

Stock Details

EPIC
GKP
ISIN
BMG4209G2077
Shares in Issue
210.37m
Market cap
£134.64m

Analyst Views (6)

Strong Buy
 
83.33%
Buy
 
0%
Hold
 
16.67%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
64.00p
Bid Price
40.00p
Ask Price
87.00p
Volume
1,086,841
Change Today
-5.80p
% Change Today
-8.31%
Open
70.00p
Previous Close
64.00p
Intraday High
73.22p
Intraday Low
62.20p
52 Week High
269.50p
52 Week Low
51.90p
52 week high and low figures quoted above are calculated from intraday price data.

Gulf Keystone Petroleum Ltd Com Shs (DI) News

Genel and Gulf Keystone face late payments from Kurdistan 12 Dec 2019 | 11:58 Gulf Keystone Petroleum completes $25m share buyback 09 Oct 2019 | 10:14 Monday broker round-up 02 Sep 2019 | 13:22 Wednesday broker round-up 26 Jun 2019 | 12:10 Gulf Keystone annual production target intact 21 Jun 2019 | 09:38 Thursday broker round-up 04 Apr 2019 | 14:05 Gulf Keystone declares maiden dividend following record revenues 28 Mar 2019 | 17:12 Wednesday broker round-up 23 Jan 2019 | 13:45 Thursday broker round-up 17 Jan 2019 | 14:10 Gulf Keystone Petroleum sees strong performance from Shaikan Jurassic 16 Jan 2019 | 10:20 Gulf Keystone Petroleum makes record profit in first half 10 Sep 2018 | 14:49 Friday broker round-up 22 Jun 2018 | 11:35 Thursday broker round-up 12 Apr 2018 | 13:10 Gulf Keystone turns first profit since entering Kurdistan 11 Apr 2018 | 13:15 Tuesday broker round-up 23 Jan 2018 | 11:35 Gulf Keystone lowers production guidance as focus switches to expansion 22 Jan 2018 | 09:17 Thrusday broker round-up 18 Jan 2018 | 13:10 Gulf Keystone production, exports not impacted by fighting 20 Oct 2017 | 16:49 Canaccord highlights potential in Rockhopper and Eland Oil&Gas 26 Apr 2017 | 11:05 Gulf Keystone Petroleum reduces FY loss, encouraged by stable Shaikan performance 06 Apr 2017 | 14:38 Gulf Keystone Petroleum achieves upper end of guidance 01 Feb 2017 | 10:46 Gulf Keystone completes restructuring 13 Oct 2016 | 19:46 Gulf Keystone boosts revenue, narrows loss 22 Sep 2016 | 11:33 Sunday newspaper round-up: IPO frenzy, sterling shorts, M&S, Morrisons 04 Sep 2016 | 15:53 Gulf Keystone's shares flop on open offer, CPR 31 Aug 2016 | 14:50

Income Statement

Year End Date
31 Dec 2018
31 Dec 2017
 
$ (M)
$ (M)
Continuing Operations
Revenue
250.55
172.37
Operating Profit/Loss
78.21
24.07
Net Interest
-9.43
-10.32
Pre-Tax Profit
79.70
14.06
Profit After Tax from continuing operations
79.89
14.13
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
79.89
14.13
Attributable to:
Equity Holders of Parent Company
79.89
14.13
Minority Interests
n/a
n/a
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2018
31 Dec 2017
Basic
34.84c
6.16c
Diluted
33.87c
6.12c
Adjusted
34.84c
6.16c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2018
31 Dec 2017
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
380.54
417.47
Intangible Assets
0.08
0.06
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
0.56
0.40
Current Assets
Inventories
14.19
17.19
Trade & Other Receivables
67.91
61.71
Cash at Bank & In Hand
295.57
160.46
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
758.84
657.29

Liabilities

Year End Date
31 Dec 2018
31 Dec 2017
 
$ (M)
$ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
85.63
64.23
Total Current Liabilities
85.63
64.24
Non-Current Liabilities
Borrowings
97.79
97.07
Provisions
22.60
24.11
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
120.39
121.17
Other Liabilities
n/a
n/a
Total Liabilities
206.03
185.41

Net Assets

Year End Date
31 Dec 2018
31 Dec 2017
 
$ (M)
$ (M)
Net Assets
552.82
471.89

Capital & Reserves

Year End Date
31 Dec 2018
31 Dec 2017
 
$ (M)
$ (M)
Share Capital
229.43
229.43
Share Premium Account
920.73
920.73
Other Reserves
-3.82
-3.02
Retained Earnings
-593.52
-675.25
Shareholders Funds
552.82
471.89
Minority Interests/Other Equity
n/a
n/a
Total Equity
552.82
471.89

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Special
19 Sep 2019
04 Oct 2019
14.52879¢
Special
27 Jun 2019
05 Jul 2019
7.26¢

Dividend Metrics

Year End Date
31 Dec 2018
31 Dec 2017
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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