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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gulf Keystone Petroleum Ltd | LSE:GKP | London | Ordinary Share | BMG4209G2077 | COM SHS USD1.00 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.30 | -0.26% | 115.50 | 115.30 | 115.70 | 118.20 | 113.30 | 117.00 | 1,168,430 | 16:35:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 123.51M | -11.5M | -0.0517 | -22.22 | 255.59M |
Date | Subject | Author | Discuss |
---|---|---|---|
08/7/2021 21:56 | 55 k a day will be achieved early.End of October imo, Ultra Conservative this lot, managing expectations | nestoframpers | |
08/7/2021 20:41 | Yeah it was utter nonsense - think I'll increase my short of the back of that. Can only assume this poster is paid to constantly ramp the price. Bearish on my book | davr0s | |
08/7/2021 20:26 | The confluence of perhaps/maybe or even shortly reaching the 55Mbopd target (say 1st April 2022?) and continuing high crude price make for an interesting scenario. One solid 2022 year's average output of say 51.5Mbopd (6m x 48Mbopd,6m x 55Mbopd) at $75/bbl crude would generate enough CO barrels to reduce the outstanding capital spend to almost zero (you would never actually reach zero of course because there is always something being spent on the wells/facilities). At that point, and without an immediate large capital spend, your revenues would then fall foul of the Profit Oil side of the calculation. If you're a super optimist and use 55Mbopd for the whole of 2022 it makes the situation even more pressing. For argument's sake, let's assume the capital spend was only $2M per month for a short while at least. The 40% CO allocation doesn't help you here and most of the barrels would be hit with the 15% Profit Oil figure, with the KRG taking 85%. That reduction in R-factor of course would start to kick in earlier, as the ratio of revenues received to outstanding Capex, changed and your 30% might slide rather quickly towards 15%. And THAT might lead, for a while at least until you got your Capex spend back up again, to sickly monthly revenues of ca $7.5M - $7.7M. In a nutshell, the possible fast return of the outstanding CAPEX thanks to continuing high crude prices would place the company in rather a dilemma - and at the same time give the KRG/MNR enormous leverage over the company's future spending plans and direction of travel. Where and how fast they might want you to go might not be where you might wish to go. Accumulation of a large cash pile, or being seen to be overly generous to stockholders, might be counterproductive, as would a declared intention to invest in areas outwith Iraq. Assuming continuing crude strength (and invoices being paid), and assuming no further capital commitments than have currently been advised by the company, it could well be that a reduction in CO revenues might start to be noticeable by..... Decisions, decisions. Time's a pressing... | broadford bay | |
08/7/2021 20:18 | "Another round of wasted money on buybacks plus a double dividend," A question for you Bigdog. Less than three weeks ago the BoD proposed resolutions at the AGM requesting that they be allowed to buy back 10% of the company's shares at their discretion and that they be allowed to pay two dividends The Institutions and major shareholders and everyone else that voted cast their votes accordingly, with 100% cast in favour and not a single vote cast against any of those resolutions. Clearly the people that matter don't think that buybacks and dividends are a waste of money Bigdog, but you do. If you'd voted against then it would have shown up in the numbers. So why didn't you give them your opinion and vote against Bigdog. Your opinion would have barely registered and would have counted for nothing, but it doesn't count for anything here either. | habshan | |
08/7/2021 17:52 | Hold BUY as MANY MORE AS more as you can. Buy Back announced tomorrow? Can't be far away. Perella Weinberg BOSSING the end game..... COMPANY buying + PREDATORS , plus MAJOR SHAREHOLDERS With zilch free stock super low liquidity, and LTH and HNWI also reinvesting divs, too.A huge squeeze NORTH forcing PRICE up , ultimately FORCE a bid the BOD is, prepared to ACCEPT , and RECOMMEND or....... if NOT it has to go HOSTILEWhich will be nice :) | mrtoddkozel | |
08/7/2021 17:45 | Another round of wasted money on buybacks plus a double dividend, are we seeing clues that the company are very concerned and are desperately trying everything to increase the SP? Could they be worried that they are extremely vunerable to another wipe out for a pittance? | bigdog5 | |
08/7/2021 16:32 | The good thing, NOR, is it makes it fairly safe to buy at these levels knowing the buyback will have to be above them (assuming, of course, that there is one). | pensioner2 | |
08/7/2021 16:29 | Yes OAP so frustrating when no one is actually making any effort and it's just a hard drive whirling around . | nestoframpers | |
08/7/2021 16:28 | Yes well you know the City like them ultra conservative, all above board apparently. | nestoframpers | |
08/7/2021 16:27 | Algos beavering away to keep the lid on. :-) | pensioner2 | |
08/7/2021 16:22 | The CPR is a deceptionLol | ian_hannam | |
08/7/2021 16:19 | Officer D is quite right but who was expecting CAPEX to get returned as quick as it will be with POO up so much a year ago things were so different, now things in our favor for a change . At 3 % FP ( bolted on IMO ) we are sat on a mega field that makes the CPR look like deception. | nestoframpers | |
08/7/2021 16:03 | @GenelEnergyplcPrint | sbb1x | |
08/7/2021 15:12 | Good post constable Digby pointing out that nestofBS hasn't a clue as regards profit. I think there's even more to consider re tax as well. -------------------- The hard evidence, Muttley, is approaching $30m revenue per month and increasing - which is how they can pay $50m in dividends with probably more to come as they hit 55k bopd. | pensioner2 | |
08/7/2021 15:02 | Hey "soft in the head ex industry" make up some more BS for me to muller with facts and reality:-) | bigdog5 | |
08/7/2021 15:02 | Hold BUY as MANY MORE AS more as you can. Buy Back announced tomorrow? Can't be far away. Perella Weinberg BOSSING the end game..... COMPANY buying + PREDATORS , plus MAJOR SHAREHOLDERS With zilch free stock super low liquidity, and LTH and HNWI also reinvesting divs, too.A huge squeeze NORTH forcing PRICE up , ultimately FORCE a bid the BOD is, prepared to ACCEPT , and RECOMMEND or....... if NOT it has to go HOSTILEWhich will be nice :) | ian_hannam | |
08/7/2021 15:00 | The Yanks are ramping up production having paid down their debts. As I said recently many countries that are part of Opec+ want to up production to take advantage of the high oil price. Now there are more articles saying the same. Once the Yanks start exporting again the oil price will tumble. Then there is the belief that there will be an huge over supply in under 12 months. Good post constable Digby pointing out that nestofBS hasn't a clue as regards profit. I think there's even more to consider re tax as well. | bigdog5 |
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