Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 15/2/2022 09:47

Logic says another $50m

[1waving] 15/2/2022 09:35

Joe Biden and Democrats Manage to Nearly Double Oil Prices in ONE YEAR – Oil Prices Threaten to Pass $100 per Barrel

By Jim Hoft
Published February 14, 2022 at 5:52pm


The price of a barrel of oil on January 21, 2021, was $55.81.
The price of a barrel of oil today on the international market is threatening $100 per barrel.

Energy experts expressed worry on Monday that oil prices could pass $100 per barrel amid the ongoing tensions between Russia and Ukraine.

A little over one year ago America was energy independent and an energy exporter.

That all changed under the Biden regime.

TRENDING: "He's Going to Deliver. He's Unraveling BIGGEST Political Scandal in US History" - KASH PATEL DROPS BOMBS - Durham Grand Jury Interviewed 24 People So Far (VIDEO)

On his first day in office Joe Biden killed off an estimated 52,100 American jobs.

After his inaugural behind fences and 20,000 military troops, Biden hobbled to the Oval Officer where he signed several executive orders including the end of construction of the Keystone XL Pipeline and the end of construction of the Trump border wall.

As Breitbart reported: Joe Biden then suspended oil and gas leases in the Arctic National Wildlife Refuge and New Mexico. Biden’s Environmental Protection Agency (EPA) reinstalled regulations that restrict domestic energy production. Biden rejoined the United Nation’s Paris Climate Accord, a globalist project to punish and destroy US companies.

And now today Biden relies on OPEC to increase their output to keep prices down.

The gas and oil prices we see today are all a direct result of Joe Biden, his handlers, and Democrat policies.
--------

From The Gateway Pundit
hxxps:// www.thegatewaypundit .com/2022/02/joe-biden-democrats-manage-nearly-double-oil-prices-one-year-oil-prices-threaten-pass-100-per-barrel/

.

[pensioner2] 15/2/2022 09:35

The baked-in undersupply isn't going away, Habshan, and if war is averted that's going to spur economic activity. $100+ might be sooner than many think.

[nestoframpers] 15/2/2022 09:12

I suggested a Bi monthly Divi about a year ago , that would have got people talking , this drip feed method doesn't get head lines. Do we want headlines ? probably not.

[habshan] 15/2/2022 09:11

"if Brent goes well over $100 in that time, then that might affect their view too."

Might have to put $100 Brent on hold for the moment:-

"Some troops being pulled out from Ukraine border, Russia says

Russia's defence ministry says some troops positioned on the border with Ukraine are returning to their bases after completing drills, according to Interfax news agency.

Markets react positively to pull-out of some Russian troops

We've just heard that some Russian troops are being moved away from the Ukraine border and after days of dire warnings of an imminent invasion, markets have calmed in response to the news.

The Russian rouble has also strengthened against the dollar and euro in response to the news from the Russian military."

[pensioner2] 15/2/2022 09:04

It depends what message they're trying to send and to who, Atty, imo. There will be 2 more payments before 30/3 and if they're trying to provoke a bid or FDP approval that might have an effect on what they do. Plus, if Brent goes well over $100 in that time, then that might affect their view too. Meantime the share price action would seem to indicate another large buy order going through the mill.

[attyg] 15/2/2022 08:59

P2, I'd be surprised if the BoD declared $100m dividend in one hit.
More like $50m in two $25m tranches as per last year.
Too many aspects to consider - how to structure the funding going forward, but that will depend upon the agreed FDP. Repayment of the $100m loan would be part of the overall funding structure once the FDP is finalised.
However, like you, I fully expect more dividends this calendar year.

[pensioner2] 15/2/2022 08:41

I agree, steepy. But how much? - 100m?

[highlander7] 15/2/2022 08:36

Results AFTER dividends reinvested.

LOL

[mr_todd_f_kozel] 15/2/2022 08:30

Dividend yield pushing 42% .....LOLhttps://www.google.com/finance/quote/GKP:LON

[steephill cove] 15/2/2022 08:08

Expect another dividend announcement on 30th March 2022 💪

[habshan] 15/2/2022 08:02

RNS.

15th Feb. 2022 - Notice of 2021 Full Year Results.

Gulf Keystone confirms that the Company's results for the year ended 31 December 2021 will be announced on Wednesday 30 March 2022. The management team will host a presentation for analysts and investors via live audio webcast which will be available on the Company's website.

[releasethekraken] 15/2/2022 07:38

GKP is trading at under 3 x earnings.....Would be 9 quid

[highlander7] 15/2/2022 07:28

This and the next few years should be interesting as it finally dawns on them that investors want dividends not wind turbines.

[shortsqueezer] 15/2/2022 07:07

That's a good read

[highlander7] 15/2/2022 06:50

ENERGY STOCKS ARE STILL UNDERVALUED DESPITE MASSIVE OIL PRICE RALLY
By Alex Kimani - Feb 14, 2022.

Energy stocks are currently trading at just 12.3 times earnings estimates--the cheapest S&P 500 sector. The energy sector is the best-performing of all the 11 U.S. market sectors in the current year, boasting a 26.9% YTD return vs. -7.2% by the S&P 500.

Just as the push toward $100/bbl oil seemed to be losing steam, reports on Friday that the United States believes Russia's Vladimir Putin could invade Ukraine "any day now" have lifted crude to as high as $95/bbl for an eighth straight weekly advance. Brent crude (CO1:COM) for April delivery closed +3.3% at $94.44/bbl, the highest finish for a front-month contract since September 2014, while March WTI (Cl1:COM) crude settled +3.6% at $93.10/bbl, also the best level September 2014.

"The oil market was waiting for a major catalyst to justify a move above $100, and it seems the Ukraine situation just took a turn for the worse," Oanda's Ed Moya has told Bloomberg. Moya says any crude supply disruptions could send oil prices another 10% higher.

Oil prices have also been drifting upwards after the International Energy Agency warned that OPEC+ was struggling to meet production quotas, as the alliance produced 900K bbl/day below target in January. The "OPEC 10," countries within OPEC but excluding Venezuela, Libya and Iran, were budgeted to increase production by 254kb/d in January, with the remainder of the 400kb/d quota allocated to Russia and others. Official results released on Thursday indicate that OPEC 10 had increased production only 135kb/d, and now sits a full 748kb/d below self-imposed quota levels.

Also, in a break from recent history, there doesn't appear to be a strong supply response to rising prices and declining inventories. When Chevron (NYSE:CVX) reported Q4 results two weeks ago, the company guided the street to flat YoY production in 2022. Exxon (NYSE:XOM) did the same, as did BP (NYSE:BP) and ConocoPhillips (NYSE:COP). Bakken producer Whiting (NYSE:WLL) announced they plan to increase capex 55% in 2022 and acquire assets to generate only ~3% production growth. Driller Nabors (NYSE:NBR) reported earnings Tuesday and indicated they don't expect to add any rigs outside the US in Q1.

Overall, the bullish thesis remains intact, with many analysts predicting that oil prices will remain elevated for years as demand continues outstripping supply. In a report provided to clients on Feb. 10, analysts at BCA Research said they believe prices will rise over the next decade thanks to government action that curbs fossil-fuel production as well as "climate activism at the board level at major energy suppliers and in the courtroom."

The energy sector is the best-performing of all the 11 U.S. market sectors in the current year, boasting a 26.9% YTD return vs. -7.2% by the S&P 500. The Energy Select Sector SPDR ETF (NYSEARCA:XLE) has jumped 60% over the past 12 months.

But here's the interesting part: despite the huge rally, energy stocks are some of the cheapest in the market today. Indeed, energy stocks are currently trading at just 12.3 times earnings estimates--the cheapest S&P 500 sector, and by a comfortable margin. That's less than half the S&P 500's P/E ratio of 25.2.

[releasethekraken] 14/2/2022 20:58

Its morning on the East Coast and Condog starts to type , the 27,394 th time .Day in Day out. 27 thousand and 394 negative posts....barely credible but its true..Constant sentiment battering - its a living I guess...GOOD MORNING CONDOG............THE BIGGEST BUY SIGNAL EVER.How many have BLACK ROCK GOT HERE NOW ...was it over 12,000,000

[hydrocarbon1] 14/2/2022 20:53

Habshan14 Feb '22 - 16:49 - 649215 of 649220
tears rolling down my eyes.
PTED boy just doesn't realize how ridiculous he appears.

[bigdog5] 14/2/2022 20:42

Hey Carroll, leave the predictions to those of us that have called this correct for years. None of your 500,000+ posts via 100's of names have managed to get anything correct in 8 years.

Would you like me to remind you of just a few I've got spot on?

How about water found at S12?
Or that S13/14 were having real problems?
Or that S9 wouldn't find any gas cap?

And that's only some of the more recent ones.

[habshan] 14/2/2022 19:27

"Brent gone bonkers."

Indeed.

It shot up from $95.40 to over $97.

Currently $97.04p.

[releasethekraken] 14/2/2022 19:11

Brent gone bonkers

[attyg] 14/2/2022 16:55

Yes bigdog, I can't understand it either -I don't understand why Exxon, BP and Shell are all down when the oil price is so high. I guess that's what happens every now and then, but we are in good company. What we do know is that GKP is a cash making machine and I am looking forward to more corporate news and dividends.

[mr_todd_f_kozel] 14/2/2022 16:18

Its morning on the East Coast and Condog starts to type , the 27,393 rd time .Day in Day out. 27 thousand and 393 negative posts....barely credible but its true..Constant sentiment battering - its a living I guess...GOOD MORNING CONDOG............THE BIGGEST BUY SIGNAL EVER.How many have BLACK ROCK GOT HERE NOW ...was it over 12,000,000 shares ??LOLOLOLTAKEOVER ANNOUNCEMENT IMMINENT