Gulf Keystone Petroleum Share Discussion Threads

[tom111] 02/9/2022 09:15

OPEC meeting next week were they could discuss reducing production it has been muted.Im sure the Saudis dont want the oil price to drop much further,seems their goal is around the $100 mark imo

[beernut] 02/9/2022 09:11

Iran Nuclear Deal “Moving Backward” After Tehran’s Negative Response

By Charles Kennedy - Sep 02, 2022, 3:04 AM CDT

Just hours after Iran said on Thursday evening that it had sent a “constructive” response to the final draft of the nuclear deal to the Biden administration, the White House counter-responded by saying Tehran’s response was “not constructive” at all, lowering optimism that a deal will be finalized soon.

The latest back-and-forth comes shortly after a European Union diplomat suggested that a deal could be signed soon, and after Iran’s indications that it was looking forward to finalizing the agreement that would see Iranian oil back on the market.

A U.S. State Department spokesman has now said that while Iran’s response is still being studied, it was not viewed as constructive, CNN reports.

“We are studying Iran’s response, but the bottom line is that it is not at all encouraging,” a senior Biden administration official told POLITICO on Thursday evening.

[sbb1x] 02/9/2022 09:03

Markets looking better today

[sbb1x] 02/9/2022 08:10

Oil starting to rise, spr lowest since 1986 or 84 only a matter of time before it spikes higher much higher :)

[giant_canine] 02/9/2022 07:58

Yes that's another 40 p dividend they could have paid this year.Imagine a company with $ 600m mcap that will make 400m profits this year similar next year and spinning off around 30m free cash every month..Oh you don't have to imagine.

[fairenough11] 02/9/2022 07:46

GKP also paid off a $100M Debt,which will not reoccur next year.

For balance.

[meanreverter] 02/9/2022 07:34

The announcement of the half-year results, released on 1 September, twice mentioned a dividend yield of 36% (calculated on the closing price on 30 August). Based on actual payments in the past year, this is technically correct. However, the term “yield”, in regard to shares, normally refers to dividends that can reasonably be expected to be paid in the coming year. In the present case, the October dividend promised for this year is less than half last October's, while one of the two dividends paid in July has the flavour of a special dividend and so is not likely to recur. On this basis, it doesn't seem reasonable to extrapolate this year's dividends into 2023.

[shortsqueezer] 02/9/2022 07:03

Strangely though we dropped considerably not long after the last time they tipped us

[highlander7] 02/9/2022 07:02

Usually IC subscribers follow the Buy tips.

[releasethekraken] 02/9/2022 06:54

Gulf Keystone payout surges on oil priceInvestors ChronicleSeptember 1, 2022By Alex Hamer"Kurdistan oil company spewing out cash from low-cost operations, although regional tensions could have an impact this year""Peel Hunt analyst Werner Riding flagged the regional tensions but said the dividend yield provided “more than adequate compensation for the risk of operating in Kurdistanâ€?. He has forecast 2022 as a peak for the company, with cash profits hitting $400mn this year (up from $223mn in 2021) before dropping back slightly to $393mn in 2023.While being aware that very high yields do have downsides, we stick with our positive call. Buy."

[releasethekraken] 02/9/2022 06:44

Gulf Keystone payout surges on oil priceInvestors ChronicleSeptember 1, 2022By Alex Hamer"Kurdistan oil company spewing out cash from low-cost operations, although regional tensions could have an impact this year""Peel Hunt analyst Werner Riding flagged the regional tensions but said the dividend yield provided “more than adequate compensation for the risk of operating in Kurdistanâ€?. He has forecast 2022 as a peak for the company, with cash profits hitting $400mn this year (up from $223mn in 2021) before dropping back slightly to $393mn in 2023.While being aware that very high yields do have downsides, we stick with our positive call. Buy."

[bigdog5] 01/9/2022 21:02

So Paul Carroll's prediction of a takeover today has failed again for somewhere around the 175,000 time.

I note that the company are no nearer the fabled and eight years in the coming 55k a day. And yes this is the same 55k a day that harriet highlander and hetty habscum were saying was only weeks away when they were predicting it early 2021.

So 45k a day production and a new well has had all you thickos whacking off over your keyboards it would seem. Add in S15, work overs, interventions and the increase is negligible. Leave it to the experts?

Isn't it strange that they require water handling equipment when hetty habscum keeps telling you thickos there is no water!! Even the hosts have announced that several of their fields have water flooding into the fractures. Something that you morons just don't accept because you reckon its only oil that can achieve that!!

Still trying to progress the fabled FDP and tendering for a gas management contract. Will there be anyone left in Koruptistan by the time it gets agreed and delivered?

Baghdad turning the screw with blacklisting, no oil law and very unlikely there will be one that suits anyone but Baghdad, Koruptistan's oil Industry in decline so who will want to invest there when the hosts have announced their proven reserves have been downgraded from 45b to way less than 3b!!! The oil price will fall because of interest rates, worldwide recession and demand destruction which is going to have a massive affect on the revenue for both the hosts and company.

And that's just some of the issues.

Asset value £1ps imho.

[bigdog5] 01/9/2022 20:34

"We support the KRG's dialogue with the Government of Iraq on hydrocarbons and agree existing oil contracts must be respected."

Now then harriet highlander7 bearing in mind his job and location is it likely he would say anything different? If he had the same role in Baghdad what do you reckon his words would be?

As regards several posts of yours saying the Yanks will "bang heads together" it won't happen. Its well known from what they've said before and that its up to Erbil and Baghdad to sort out their problems.

Then one has to understand who is the more important on the world stage, Iraq's production which can be increased materially or Kurdistan's that is in decline.

You really should stop making up desperate BS as you're just adding to all the issues you've been wrong about for over ten years.

[releasethekraken] 01/9/2022 18:31

It's the most obvious incoming takeover ever.There will be no diversification

[beernut] 01/9/2022 16:44

G7 Ready To Reveal Its Russian Oil Price Cap Plan

By Charles Kennedy - Sep 01, 2022, 1:04 AM CDT

Energy markets on Friday can expect a decision on a G7 plan for capping the price of Russian oil, even if the group’s finance ministers remain uncertain about how such a price-fixing scheme would work.

According to the Wall Street Journal, citing unnamed sources familiar with the matter, G7 finance ministers will reveal the price cap plan and commit to its implementation during a Friday meeting.


The plan is likely to include a ban on financing and insurance by G7 nations for Russian oil shipments that are not sold within the confines of the price cap, WSJ reports.

While the price cap plan is intended to chip away at the Kremlin’s ability to raise more oil revenues for its war coffers to use against Ukraine, it has not been without serious criticism.

[beernut] 01/9/2022 16:41

Filling Gasoline Cars Could Become Cheaper Than Charging EVs In The UK

By Tsvetana Paraskova - Sep 01, 2022, 9:30 AM CDT

Due to skyrocketing energy prices, Britons could soon face higher costs for charging their electric vehicles (EVs) at home than filling up gasoline-fueled cars, The Washington Times reports.

The high energy and electricity prices that could undermine the growth in EVs uptake in the UK and globally could be a cautionary tale for what could be the future in the U.S. if the energy transition is pushed to accelerate without accounting for whether EVs and renewable energy sources could replace fossil fuels, analysts tell The Washington Times.

“For the U.S., this actually gets to an underlying fallacy of a lot of people that are pushing electric vehicles: they assert electric vehicles are cheaper because they assume electricity prices are going to stay cheap,” Kenny Stein, policy director of the Institute for Energy Research, told The Washington Times.

[bumkin] 01/9/2022 16:14

Divi of $0.11561 now trading at £0.10019 👍

[punter26] 01/9/2022 16:03

Gulf Keystone payout surges on oil price

Investors Chronicle
September 1, 2022
By Alex Hamer

"Kurdistan oil company spewing out cash from low-cost operations, although regional tensions could have an impact this year"

"Peel Hunt analyst Werner Riding flagged the regional tensions but said the dividend yield provided “more than adequate compensation for the risk of operating in Kurdistan”. He has forecast 2022 as a peak for the company, with cash profits hitting $400mn this year (up from $223mn in 2021) before dropping back slightly to $393mn in 2023.

While being aware that very high yields do have downsides, we stick with our positive call. Buy."

[nufc9] 01/9/2022 14:35

He also claims to have bought GKP at its very near low during the pandemic, and today he claims he sold some of his holding near the very recent high of £3.15.

Pull the other one fella.

[highlander7] 01/9/2022 14:31

Ah yes our "expert" PUTUP who carefully informed us that GKP was on AIM when he first posted about 10 minutes ago - relatively speaking.

H7