Is Gulf Keystone a buy?

As a low-cost producer, the margins are lofty, and Gulf Keystone is expected to report $170 million in profits in FY 2021, most of them coming in the second half of the year. FY 2022 will be even better according to the analysts, with the EPS consensus at $1.15, which translates to $245 million of net income.

Where is Gulf Keystone Petroleum?

Kurdistan region of Iraq
Gulf Keystone Petroleum Limited is an independent oil and gas exploration and production company operating in the Kurdistan region of Iraq and also the operator of the Shaikan oil field.

Should I invest Gulf Keystone Petroleum?

There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “moderate buy” Gulf Keystone Petroleum stock.

Is GKP a good buy?

Gulf Keystone Petroleum (LON:GKP) delivers shareholders respectable 88% return over 1 year, surging 13% in the last week alone. These days it’s easy to simply buy an index fund, and your returns should (roughly) match the market.

What is Gulf Keystone Petroleum Ltd?

It mainly operates in the Kurdistan Region of Iraq, the Republic of Algeria, and Others. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks, and the Erbil office, which provides support to the operations in Kurdistan. It generates most of its revenues from the sale of oil.Gulf Keystone Petroleum Ltd is a holding company.

Why did Gulf Keystone announce an additional $50 million dividend?

Jon Harris, Gulf Keystone’s Chief Executive Officer, said: “We are pleased today to declare an additional interim dividend of $50 million, bringing distributions over the past eight months to $150 million in line with our commitment to balance investment in growth with returns to shareholders.

What is the price of the Keystone Petroleum share price?

Gulf Keystone Petroleum Ltd has a 4 week average price of 199p and a 12 week average price of 164.60p. The 1 year high share price is 240p while the 1 year low share price is currently 139.80p. There are currently 212,245,502 shares in issue and the average daily traded volume is 890,084 shares.