Gulf Keystone Petroleum Share Discussion Threads

[arcadian] 19/12/2022 10:26

The KBT price seems to be on average about 10% above Brent crude .

[petebreeze37] 19/12/2022 10:24

Got my 190, ,could it go lower, yes it could, the sky is the limit until sold.

[0ili0] 19/12/2022 10:23

Because it is a stage managed fiasco 😂

[intrinsic1] 19/12/2022 10:22

It obviously is on IOC radar, that's why the share price is battered....

[maximus57] 19/12/2022 10:21

Can someone explain to me, why this would not be on a larger producers radar as a takeover target. Given such a low market cap, no debt and paying substantial dividends. Seems a no brainer, am I missing something?

[intrinsic1] 19/12/2022 10:19

64,980 buy gone through

[sbb1x] 19/12/2022 10:18

Dividend 82p last year

[ashkv] 19/12/2022 10:09

Ridiculously cheap - GKP never fails go down on lackluster / somewhat downbeat news from already rock bottom levels. At 191p - Dividend yield is 43%

Brent: $79.50
Brent Spot Price vs 18 Month Low of $65.33 on 18 Aug 2021 (GBPUSD 1.36 on 18 Aug 21 and GKP Share price 153.2p): 21.69%
SP: 190
GKP Current Share Price vs 52 Week low of 169p on 21 Dec 2021: 12.43%
GKP Current Share Price vs 52 Week High of 321p on 9 June 2022: -40.81%
Shares Outstanding: 216,247,533
Market Cap GBP: 410,870,313
GBPUSD: 1.22
Market Cap USD: $501,261,781
Receivables USD: $0
Net Cash Balance (16 Dec 2022): $116,900,000
Net Cash Balance - Including Estimated Pending Receipts: $271,850,868
Guidance BPD (44k bopd -44.5k bopd): 44,250
Actual Avg YTD 2022 Production: 44,100
EV-USD: $384,361,781
EV/Barrel-USD at Guidance Mid-Point: $8,686
EV/Barrel-USD at Guidance Mid-Point [Incorporating full payment of receipts]: $5,184
Dividend Yield (2021): 19.95%
Dividend Yield (2022): 42.89%
Dividends (2021): $100,000,000
Dividends (2022): $215,000,000

[sbb1x] 19/12/2022 09:58

Time to buy me thinks

[ozzmosiz] 19/12/2022 09:43

No issues with that RNS at all

[gazebo79] 19/12/2022 09:41

Whats happened to the shareholder list.has anyone asked about that

[petebreeze37] 19/12/2022 08:46

Agree, on the surface I cant see a problem and there is a backlog of some £200 million.

[fairenough11] 19/12/2022 08:38

Agree.Jaap leaving is another sign that things are about to change imo.

[intrinsic1] 19/12/2022 08:36

Over 400,000 in. 35 Mins and loads of " sells"Bots repeating Spread remained unmoved..Curiouser and curiouser.

[highlander7] 19/12/2022 08:17

I dont see a problem with the RNS. Just normal drilling/production issues.

H7

[steephill cove] 19/12/2022 08:17

Lots of GKP repetitive trades going through to deliberately suppress the share price Regular algobot sized trades of 150; 300; 600; 1000; 1071; 1247; 4000 & 7500. Somethings definitely bubbling as this is well organised GKP share price manipulation. GKP Express is arriving at its final destination 🚂🏆🏁📈c89;👍💪;

[highlander7] 19/12/2022 08:16

Jaap isnt the "surrender" type. So sounds like his job is done , whatever that was.

Be interesting to see who is to replace him and how long it takes to find that replacement.

IMO

[shortsqueezer] 19/12/2022 08:15

I agree. Although it's not exactly bad news is it. Still producing within the anticipated range. Normal hold ups and snags for this industry. Politics improving rapidly. I wouldn't want to be out anytime soon.

[intrinsic1] 19/12/2022 08:11

I'm pretty astonished that this hasn't been slaughtered..after that RNS .it's normally any excuse ...which indicates to me something else on way :)

[intrinsic1] 19/12/2022 07:55

Presumably now sold TBA

[intrinsic1] 19/12/2022 07:53

Jaap going indicates his job done/he surrendersSome shareholders have been after getting him out for some years.

[broadford bay] 19/12/2022 07:53

Where are the flag wavers this morning?

Cat got your tongue(s) ?

The change, if implemented, to the Lifting Agreement ($/bbl price re-referenced to KBT instead of Brent) could end up hurting big-style.

Jaap finally finally chopped, bout time too. One down another two to go.

[intrinsic1] 19/12/2022 07:52

There's a surprise...LSE ..they paid to bash

[rogerramjett] 19/12/2022 07:49

What happened to the buy out ?

[rogerramjett] 19/12/2022 07:49

When and what will the next dividend be?

Lots of negativity on LSE over this RNS.