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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Genel Energy Plc | LSE:GENL | London | Ordinary Share | JE00B55Q3P39 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 83.00 | 5,000 | 08:15:33 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 81.50 | 84.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | USD 88.4M | USD -61.3M | USD -0.2194 | -3.78 | 231.9M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:34:19 | O | 5,000 | 81.8925 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 12/11/2024 | 14:08 | ALNC |  Genel Energy keeps eyes on profit as Tawke production rises |
| 12/11/2024 | 07:00 | EQS | Genel Energy PLC: Trading and operations update |
| 16/10/2024 | 14:48 | EQS | Genel Energy PLC: Bond call option exercised |
| 23/9/2024 | 12:00 | EQS | Genel Energy PLC: Changes to Director Responsibilities |
| 12/9/2024 | 15:08 | EQS | Genel Energy PLC: Director/PDMR Shareholding |
| 10/9/2024 | 14:00 | EQS | Genel Energy PLC: Director / PDMR Shareholding |
| 06/9/2024 | 20:54 | ALNC | IN BRIEF: Genel Energy Non-Executive Director Yetik Mert buys shares |
| 06/9/2024 | 14:49 | EQS | Genel Energy PLC: Director / PDMR Shareholding |
| 02/9/2024 | 06:00 | EQS | Genel Energy PLC: Appointment of Independent Non-Executive Director |
| 21/8/2024 | 13:55 | ALNC | IN BRIEF: Genel Energy announces USD107 million bond buyback |
Genel Energy (GENL) Share Charts1 Year Genel Energy Chart |
|
1 Month Genel Energy Chart |
Intraday Genel Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/11/2024 | 08:10 | GENEL ENERGY: KURDISTAN OILER WITH DIVIDEND AND HUGE FREE CASH FLOW | 5,808 |
| 11/1/2024 | 15:37 | Genel Energy - "Largest oil producer in Kurdistan region of Iraq" | 29,906 |
| 20/10/2021 | 12:04 | Genel Energy International Limited | 4 |
| 15/8/2018 | 12:07 | SACK THE BOARD | 3 |
| 06/8/2018 | 19:50 | Genel Energy (GENL) One to Watch on Tuesday | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:34:21 | 81.89 | 5,000 | 4,094.63 | O |
| 2024-11-20 16:35:24 | 83.00 | 6,518 | 5,409.94 | UT |
| 2024-11-20 15:52:05 | 82.80 | 504 | 417.31 | AT |
| 2024-11-20 15:19:23 | 84.00 | 378 | 317.52 | AT |
| 2024-11-20 14:17:53 | 82.99 | 369 | 306.21 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Genel Energy Daily Update Genel Energy Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker GENL. The last closing price for Genel Energy was 83p.Genel Energy currently has 279,402,863 shares in issue. The market capitalisation of Genel Energy is £231,904,376. Genel Energy has a price to earnings ratio (PE ratio) of -3.78. This morning GENL shares opened at - |
Posted at 12/11/2024 16:51 by plasybryn S P Angel Brokers today:Genel Energy (GENL LN) 80p, Market Cap £224m: Stable operations Genel announced average 3Q24 production up 5% q/q to 21kb/d from the Tawke field (25% WI), which continues to deliver steady production to meet domestic market demand and generate positive cash flow Following the $75m bond buyback, the Company now has $191m cash and $66m debt maturing in 4Q25, resulting in net cash of $125m and a reduction in ongoing interest payments. Genel retains an overdue receivables balance of $107m owed by the KRG and expects any resolution to include the offsetting balances owed by the Company, which at the end of October amounted to ~$50m. The timing of the award from the London-seated Miran and Bina Bawi oil and gas assets arbitration is not certain but is expected before the end of this year. A steady operational update from Genel that has generated $20m free cash flow so far this year, with the Company anticipating maintaining a net cash position of $125m through to YE24. Genel’s flagship Tawke field continues to drive robust cash flow generation from gross production levels of 80kb/d and opex costs of $2/bbl, where a restart to exports could more than double free cash flow levels to $100m net per annum. To this end, lobbying continues to break the current political impasse so that international exports of Kurdistan oil can resume in a manner that properly rewards IOCs that have chosen to invest in Kurdistan. For investors, upside could still potentially come from any of four potential catalysts in the near-term: reopening the export pipeline, recovery of the receivables, value accretive M&A and success in the arbitration against the KRG. |
Posted at 12/11/2024 14:55 by chopsy Arbitration award could consist of a bigger share of oil production going forward. |
Posted at 12/11/2024 13:18 by sporazene2 i didnt watch the investor meet presentation the most recent have been dull and uninspiring. I think they have been saying for quite while they are looking for acquisitions. I hope its not the same people that spent all that money on sarta as they clearly have competence issues. Indeed for them to be looking for so long at acquisitions in a capital starved sector and not deliver anything is a pretty glaring demonstration of incompetence in itself.I think the arbitration effort is pretty much lose lose for GENL, we will never get paid by the KRG if we win, they are skint. Given we now have substantial net cash and look to be cashflow positive why are they not using some of the free cash to buy back some stock? |
Posted at 08/10/2024 08:21 by milliecusto According to Gkp Rns today, pipeline opening, news seems not to have filtered to Genl yet |
Posted at 24/6/2024 07:15 by klassic 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. |
Posted at 22/6/2024 17:28 by shareho1der 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. |
Posted at 17/11/2023 23:16 by last of the mohicans Hxxps://www.rudaw.neI would say this is the key point of that article "The Association of the Petroleum Industry of Kurdistan (APIKUR) said in a statement that discussions earlier this week between an Iraqi delegation headed by Oil Minister Hayyan Abdul-Ghani and Kurdish officials in Erbil “represent a potentially positive step toward resumption of full production and exports,” but warned that any addendums to their contracts should be agreed on by all parties - the federal government, the regional government, and the association. " It will be interesting to see what develops over the weekend & in particular with any addendums ! -------------------- An interesting day regarding the share price ! Sadly No Holding RNS They attempted to walk the share price down several times during the course of the day & didn't have much success with it. Far too much demand & a lack of stock to achieve it, or even trigger stop-losses to help there cause. Tuesday was the only day this week where sell volume was higher than buy volume. GLA LOTM |
Posted at 16/11/2023 10:38 by last of the mohicans They were trying to walk the share price down last night & are continuing to do so today as well.But try buying over 5,000 shares and they want a hefty premium. This is looking like mid October when the directors were buying up loads of shares & the share price movements didn't add up. -------------------- Losses, Given what happened all of a sudden last weekend, I doubt people will want to be caught out this weekend as it will be an even bigger scramble to get in if news breaks LOTM |
Posted at 17/1/2023 07:27 by ashkv Genel cursory overview / metrics with today's Update RNS - Genel Energy PLC: Trading and operations update Share Price: 130 GENL Current Share Price vs 52 Week low of 116.4p on 26 Sep 2022: 11.68% GENL Current Share Price vs 52 Week High of 200p on 5 May 2022: -35.00% Brent Price: $84.50 Brent Current Price Performance vs (18 Aug 21)Low of $65.33 (GBPUSD 1.36): 29.34% Shares Outstanding: 278,689,585 Market Cap GBP: £362,296,461 GBPUSD: 1.22 Market Cap USD: $442,001,682 Cash (31 Dec 2022): $495,000,000 Debt (Jan 2023 Update - $274mn Bond Due 2025): $274,000,000 Net Cash: $221,000,000 Receivables ($38m override not included): $68,000,000 Projected Net Cash with Receivables: $289,000,000 Net Cash Plus Receivables as % of Market Cap: 65.38% Production Actual 2022 (FY GUIDANCE 30-31kbpd): 30,150 Production Guidance 2023 (FY GUIDANCE 27-29kbpd): 28,000 Enterprise Value (USD): $221,001,682 Enterprise Value (USD) Including Receivables: $153,001,682 EV/BARREL (USD) 2022 AVG Production: $7,330 EV/BARREL (USD) 2023 Mid Guidance for Production: $7,893 EV/BARREL (USD) 2023 Mid Guidance w Receivables: $5,464 Dividend Yield (2022 Total Dividends of 16 cents per share if same as 2021 as guided in HY 22 Results): 11.35% |
Posted at 02/8/2022 10:57 by ashkv Crazy share price reaction - GENL now cheaper than even GKP on an Enterprise Value/ Barrel basis - crazy crazy markets.A tad disappointed as no bump up in Dividend, Share Buy Back or retirement of bonds - why pay $30mn per annum when cash building up... should buy back bonds in the open market and retire... Brent Price: $99.00 Brent Current Price Performance vs (18 Aug 21) 52 Week Low of $65.33 (GBPUSD 1.36): 51.54% Share Price: 136p GENL Current Share Price vs 52 Week low of 113.85p on 20 Aug 2021: 19.46% GENL Current Share Price vs 52 Week High of 200p on 5 May 2022: -32.00% Shares Outstanding: 278,436,192 Market Cap GBP: £378,673,221 GBPUSD: 1.22 Market Cap USD: $461,981,330 Cash (HY 2022 Results): $412,100,000 Debt (HY 2022 Results - $280mn Bond Due 2025): $280,000,000 Net Cash with IFRS Debt (HY 2022 Results): $141,300,000 Receivables (26 July 22 Payment for Apr 22): $58,000,000 Projected Net Cash with Receivables: $199,300,000 Net Cash Plus Receivables as % of Market Cap: 43.14% Production Actual H1 2022 (FY GUIDANCE 30-31kbpd): 30,420 Enterprise Value (USD): $320,681,330 Enterprise Value (USD) Including Receivables: $262,681,330 EV/BARREL (USD) H1 2022 AVG Production: $10,542 EV/BARREL (USD) H1 2022 AVG Production w Receivables: $8,635 Dividend Yield (2022 Total Dividends of 16 cents per share if same as 2021 as guided in HY 22 Results): 10.85% |
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