Genel Energy Share Discussion Threads

[justiceforthemany] 06/9/2024 15:20

Director Buy

[shareho1der] 06/8/2024 07:26

Award is expected by the end if the year.$25 million bonds buyback.

[justiceforthemany] 31/7/2024 09:43

APIKUR states talks continue and progress is being made.
Meanwhile they state a sales figure of $35 for local sales.
Genel need to resume dividend payments and/or a buyback here. Even if small.

[kris akabusi] 09/7/2024 16:13

Has the kraken awoken?

[chopsy] 03/7/2024 07:40

Don't we need a load of cash to drill Somaliland?

[midasx] 02/7/2024 21:47

ERBIL – Kurdish leader Masoud Barzani, President of the Kurdistan Democratic Party (KDP), is set to visit Baghdad on Wednesday, July 3rd. This visit marks Barzani’s first trip to the Iraqi capital since 2018.

[klassic] 24/6/2024 07:15

Yes I agree. Return some cash, either as dividends or share buybacks. I see no point in hoarding mountains of excess cash at this stage. $10-15m would be enough to propel Genl’s value and still leave plenty in reserve plus net income.
The $276m bond at 10% coupon is a drag but we will have to live with it for now. In a perfect scenario the court case will produce a compensation award in the full sum claimed of $1b+, but I don’t think anyone really believes the payment would be easily extracted from KRG.

[shareho1der] 22/6/2024 17:28

As long as Genl is not defaulting on the bonds, I see no problem. However, they should be looking to buy back the bonds if they have the cash to do so.

[maxplus2] 22/6/2024 13:29

From Genel's 2023 FY Results Total debt of $248 million reduced by $26 million through repurchase of bonds at below 95 cents ($274 million at 31 December 2022)Genel expects to maintain net cash well above $100 million throughout 2024

[shareho1der] 22/6/2024 07:49

What about all those bonds they are still servicing?

[shareho1der] 21/6/2024 21:25

Genel has massive debts to pay off. GKP has no debt whatsoever

[justiceforthemany] 21/6/2024 15:40

If GKP can resume dividends so can Genel!

[martyre] 21/6/2024 11:43

That's 12 years ago!!!!!

[kris akabusi] 21/6/2024 11:16

Won't be long before we reinstate dividends. Kurd oil is back baby!Boooooooooooooommmmmmmm!

[maxplus2] 21/6/2024 08:45

Good for GKP shareholders. How is thst going to benefit Genel shareholders?

[tombag] 21/6/2024 08:03

GKP resumed paying dividend!

[justiceforthemany] 07/6/2024 11:16

Big day Sunday. IOCs also attending Baghdad meeting.

[justiceforthemany] 05/6/2024 14:18

IOC and KRG going to Baghdad next week, to sign new contracts hopefully and a resumption of ITP.

[shareho1der] 30/5/2024 14:57

Only the share price jump can wake you lots up.