Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 24/6/2022 18:43

And just in case you missed it…

$190 million of dividends declared in 2022, a sector-leading dividend yield of 26% based on GKP’s closing price on 22 June 2022

$115 million paid to shareholders to date; additional $75 million, including the previously declared ordinary and special dividends, to be paid in July following approval at AGM

[steephill cove] 24/6/2022 18:34

Update on ordinary and special dividend per share rate

Gulf Keystone will be seeking shareholder approval at today’s AGM to pay total dividends of $75 million, comprising the $25 million annual ordinary dividend declared on 30 March 2022 and the $50 million special dividend declared on 25 May 2022.

The annual ordinary dividend of $25 million is equivalent to 11.56 US cents per Common Share of the Company and is expected to be paid on 15 July 2022, based on a record date of 1 July 2022

The special dividend of $50 million is equivalent to 23.12 US cents per Common Share of the Company and is expected to be paid on 29 July 2022, based on a record date of 15 July 2022

The Company will disclose the pounds sterling rate per share for both dividends prior to their payment dates.

[releasethekraken] 24/6/2022 18:26

Yes sir, paying off the bonds utterly ridiculous..Unless the co sold of courseI filled up best I could today

[goatcam] 24/6/2022 18:11

24-Jun-22 17:52:51 261.033 60,000 Unknown* 258.00 259.00 156.62k

[goatcam] 24/6/2022 17:57

that will be on your gravestone Paul....

[thebabe] 24/6/2022 17:57

It's obviously a company that's sold TBA

[goatcam] 24/6/2022 17:44

BOD have said the FDP will be funded from FCF so no extra raise needed

[bigdog5] 24/6/2022 17:42

Hey Carroll, your agreed sale, is this the one you said was imminent in 2014/15/16/17/18/19/20/21 or a new one?

Tia.

[thomastellio] 24/6/2022 17:41

Re debt repayment check the last annual report. 10% a Yr plus can only raise $200m more.

Maybe that's where the capital optimisation comes in in interest of potentially raising more for capex once the fdp approved.

[rmc100] 24/6/2022 17:34

What are the div payments per share and dates?

[goatcam] 24/6/2022 17:27

24-Jun-22 17:09:43 258.129 97,270 Unknown* 258.00 259.00 251.08k O
24-Jun-22 17:08:40 261.00 41,731 Unknown* 258.00 259.00 108.92k O

[goatcam] 24/6/2022 16:52

Interesting large UT at a good few pence above the 4.30pm price.

[shortsqueezer] 24/6/2022 16:42

You are getting confused with 12 inches. Back to school for you ;-)

[goatcam] 24/6/2022 16:42

somethings been afoot for 12 years...... apparently....

[shortsqueezer] 24/6/2022 16:40

Nice volume. I suspect we might see some biggies to add to that. Have a good weekend all. Not bothered about the share price. Something is afoot and I'm happy to be being paid to wait for it.

[thebabe] 24/6/2022 16:30

Perhaps youate right but I thought the the covenant generally applies to minimum net cash level, but the interesting bit for me is that to optimize capital structure you try to to get the mix of debt/equity to minimise the finance costs of money.They appear massively distorted in that respect.Either way I'm not selling any , and had a SB punt today to try to arbitrage .

[bumkin] 24/6/2022 16:23

56 against the Divi 🤷‍a94;️🤔

Ahhh, so Doggie does have some shares 👍🤣😂

[denziiil] 24/6/2022 15:59

OOTT on a steam this afternoon.Anyone know why?

[hydrocarbon1] 24/6/2022 15:57

ptmorris124 Jun '22 - 15:51 - 656171 of 656171
0 2 0
Perhaps they were relying on solar power
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Nice one!!!!!

last time they didn't update the weekly was in 2013 some gigery pokery going on then.

[denziiil] 24/6/2022 15:55

Bondholders can often have a covenant in place limiting dividend payouts. I'm spitting in the wind here, but given high rate of dividends this year, it would certainly allow the cash to keep flowing.

[ptmorris1] 24/6/2022 15:51

Perhaps they were relying on solar power..

[goatcam] 24/6/2022 15:46

LOL - couldn't make it up... someone forgot to top up the generator

[hydrocarbon1] 24/6/2022 15:43

This is the EIA Report.
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Markets
World’s Most Watched US Oil Report Won’t Be Out This Week
By Sheela Tobben
The most closely watched oil data in the world -- the US government’s Weekly Petroleum Status Report -- won’t be released as planned this week because of system issues stemming from a power problem.
June 23, 2022 👀