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 Shares Traded Last Trade
  -2.50 -1.22% 202.50 775,120 16:35:05
Bid Price Offer Price High Price Low Price Open Price
203.00 204.00 205.50 201.50 205.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 222.87 121.07 57.04 3.2 438
Last Trade Time Trade Type Trade Size Trade Price Currency
17:54:39 O 68,454 203.126 GBX

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Posted at 29/11/2022 08:59 by steephill cove
Current GKP share price lagging 4p+ behind buy orders
Posted at 23/11/2022 08:13 by highlander7
Here we go...............LOL

By Julianne Geiger - Nov 22, 2022, 1:30 PM CST

The United States and its allies are hoping to establish the price level at which Russian crude oil will be capped, people familiar with the talks told the Wall Street Journal on Tuesday.

Officials are talking about setting the price at which Russia’s crude oil will be capped at $60 per barrel. The group will meet on Wednesday to try to come to some agreement on prices.

The G7 plan to cap the price of Russian crude oil goes into effect on December 5, and the EU will ban Russian crude oil imports from the same date.

The US-led price capping mechanism of the G7 and the outright ban from the EU has the potential to disrupt 2.5 million bpd or more of seaborne crude oil to Europe. Russia reaffirmed its threat this week that it would not supply any crude oil to nations that operate under this price cap, redirecting its crude oil to “market-oriented partners”. According to Russian Deputy Prime Minister Alexander Novak, Russia could even reduce production in reaction to the price-capping strategy.

Last week, the G7 was scrambling ahead of the December 5 deadline that is approaching fast. The EU regulations necessary to navigate the post-December 5 oil markets still hadn’t been drafted or finalized, pending the determination of the actual price level.

The price cap plan will hold all buyers within the group to purchase crude oil from Russia only if it can be purchased below a set minimum. The plan looks to restrict Russia’s oil revenues while still allowing crude oil customers to source their oil from Russia.

A $60 price cap would be nearly $30 per barrel under the current Brent barrel price, translating into a fine discount for any crude buyer.

By Julianne Geiger for

Posted at 21/11/2022 18:07 by highlander7
JP MORGAN - The Outlook for Oil

High natural gas prices are also fuelling demand for oil, especially among industrial consumers. “Shortages of natural gas in Europe and the resulting spike in global LNG prices should trigger significant switching to other sources of energy. We increase our total estimates for additional oil demand from gas-to-oil switching by 700 kbd from October 2022 through March 2023,” said Natasha Kaneva, Head of Global Commodities Strategy at J.P. Morgan.

However, the upside risk to oil prices have eased in recent weeks as global growth is slowing and European natural gas prices have come down from historic highs. “We peg the gas-to-diesel switching price at 150 EUR/MWh, but today at 113 EUR/MWh, benchmark Dutch TTF gas price is at about a third of its peak in August, largely due to mild weather, strong LNG imports and rising stockpiles,” said Kaneva.

Meanwhile, the forthcoming U.S.-led price cap on Russian oil exports could send shockwaves through the global oil market. J.P. Morgan Research’s baseline view is that Russia will not comply with the price cap and will try to find alternative buyers for its oil. However, the price cap mechanism has created apprehension among market participants, limiting the availability of buyers and ships needed to move Russian oil. “Russia will likely eventually be able to source sufficient tanker capacity to deliver its oil, but not just yet. Today, we believe the country is at least 1 mbd short, necessitating production cuts,” added Kaneva.

As such, assuming that the oil market tightens into year-end and that the global economy avoids a recession, J.P. Morgan Research maintains that global Brent oil price will average $101/bbl in 2H22 and $98/bbl in 2023.

Posted at 14/11/2022 15:19 by punter26
Gulf Keystone Petroleum Limited's (LON:GKP) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Simply Wall St 14 November 2022

With its stock down 11% over the past three months, it is easy to disregard Gulf Keystone Petroleum (LON:GKP). However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study Gulf Keystone Petroleum's ROE in this article.

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

View our latest analysis for Gulf Keystone Petroleum

How Is ROE Calculated?

The formula for return on equity is:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for Gulf Keystone Petroleum is:
53% = US$263m ÷ US$492m (Based on the trailing twelve months to June 2022).
The 'return' is the income the business earned over the last year. That means that for every £1 worth of shareholders' equity, the company generated £0.53 in profit.

What Is The Relationship Between ROE And Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

Gulf Keystone Petroleum's Earnings Growth And 53% ROE

To begin with, Gulf Keystone Petroleum has a pretty high ROE which is interesting. Additionally, the company's ROE is higher compared to the industry average of 18% which is quite remarkable. This probably laid the groundwork for Gulf Keystone Petroleum's moderate 12% net income growth seen over the past five years.
Next, on comparing Gulf Keystone Petroleum's net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 13% in the same period.

Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Gulf Keystone Petroleum's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

Is Gulf Keystone Petroleum Making Efficient Use Of Its Profits?

Gulf Keystone Petroleum has a significant three-year median payout ratio of 82%, meaning that it is left with only 18% to reinvest into its business. This implies that the company has been able to achieve decent earnings growth despite returning most of its profits to shareholders.
Additionally, Gulf Keystone Petroleum has paid dividends over a period of four years which means that the company is pretty serious about sharing its profits with shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 54% over the next three years. However, Gulf Keystone Petroleum's future ROE is expected to decline to 26% despite the expected decline in its payout ratio. We infer that there could be other factors that could be steering the foreseen decline in the company's ROE.


In total, we are pretty happy with Gulf Keystone Petroleum's performance. Especially the high ROE, which has contributed to the impressive growth seen in earnings. Despite the company reinvesting only a small portion of its profits, it still has managed to grow its earnings so that is appreciable. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals?


Posted at 14/11/2022 13:35 by bigdog5
ptmorris113 Nov '22 - 19:22 - 662883 of 662889
0 5 0
"Hey Muttley, if you Septics didn't keep fiddling your election counts then things may well be better over there.

Another clueless moron that desperately wants to believe I'm a Yank and even more proof you suckers are extremely easily lead.

highlander7, if you had any brain cells at all you realise and admit that I've called this correct for years but you have to lie to "save face".

What in the past 10 years have you got correct? You believed Kozel but none of his BS barrels have been proved. You got the wipeout completely wrong. You've been predicting a takeover for 10 years. You reckoned there was no water being found. You said along with RW the 55k would be fast and easy. You've banged on about an Oil Law for 10 years and that it was always very close. You deny the field has massive expensive issues and yet they're still not producing the 55k a day after 8 years of trying and several more wells. You deny there's been problems at the recent wells. You've stated there isn't a flaring issue and yet there are many articles about how its causing health concerns out there. For instance have you seen the article about BP and the field "down South"? You think "similar" isn't happening in the North? Or do you just ignore to make yourself feel better?

Ten years on highlander7, £4.60 down to 2p, no interest in the company save for DNO who walked away. Eight years trying for 55k a day despite all your excuses. You've managed to get fekk all correct. The share price is 2p for several reasons all of which you morons try to ignore, its comical the excuses you idiots make up. If it wasn't for the fake oil price the share price would be under 1.5p due to all the failures that you suckers invent excuses for.

Happy to remind you of your BS and failures as I recognize your memory sucks big time:-)

Posted at 10/11/2022 13:17 by turvart
This share price is just crazy, in Dec of which is just around the corner Russia are cutting production because the EU are not using Russian oil, oil prices will spike, we could easily see GKP up over 250p area and it will happen fast, oil will be easily be over $110 barrel.
Posted at 04/11/2022 07:50 by the patriotic irishman
Value Creation Plan 🤔

SP 5th May 2022 236p

SP 4th Nov 2022 210p

6 years post shareholder wipe out and despite what the long and strong experts keep telling you production is still much and such the same 🤭

strange that the long and strong and still holding on for that long time coming many a muckle take over never mention that the share price is 2.1p in old money 😲

GKP sure is the share that likes to keep on giving to those fat little piglets in the boardroom 🤣 🤣 🤣

dividends huh 🥕🥕🥕

321p -> 210p

lovely jubbly says the multi alias (never sold a single share) duplicitous jock

och aye the noo

lovely jubbly indeed 🤡

Posted at 03/11/2022 11:49 by ashkv
GKP Shares borrowed (likely shorted) per Euroclear by Month - just updated the lastest October data and it would appear that a shorter/shorters are adding to their GKP short positions. Share price is manipulated and management would do well by instituting Buybacks.

Gulf Keystone Stock Borrowed on Average for Dec 2021 8.39%
Gulf Keystone Stock Borrowed on Average for Jan 2022 7.18%
Gulf Keystone Stock Borrowed on Average for Feb 2022 5.79%
Gulf Keystone Stock Borrowed on Average for Mar 2022 6.57%
Gulf Keystone Stock Borrowed on Average for Apr 2022 5.89%
Gulf Keystone Stock Borrowed on Average for May 2022 6.34%
Gulf Keystone Stock Borrowed on Average for Jun 2022 4.65%
Gulf Keystone Stock Borrowed on Average for Jul 2022 4.44%
Gulf Keystone Stock Borrowed on Average for Aug 2022 5.29%
Gulf Keystone Stock Borrowed on Average for Sep 2022 4.52%
Gulf Keystone Stock Borrowed on Average for Oct 2022 5.22%

Posted at 31/10/2022 11:11 by meanreverter
As evidenced by the GKP threads on ADVFN, some investors (or, apparently, now anti-investors) here have been engaged with the company for well over a decade. I thought that it would be an interesting exercise to see what the outcome would have been for a doggedly stupid investor (DSI) in GKP since its listing. This investor (as opposed to the clever dogs posting here) is blindly ignorant of the company's fortunes, its share price, and the merits of its management, over the entire period.

For convenience, I used the Yahoo Finance data series, which starts in early September 2004, and took the listed share prices for early September each year since then until 2022. Yahoo's data are adjusted for the 100-to-1 consolidation in September 2016. I assumed that DSI invested £1000 in GKP shares at that September price each year, allowing for a 2—3% hike to cover commission and offer-price premium.

By now, DSI has spent £19,000 to accumulate 4410 shares. So far, she has received £4916 in dividends, of which £3564 was paid in 2022, corresponding to a current annual yield of 18.75% on her total investment. In her ignorance, she still isn't fretting about her loss.

Posted at 29/10/2022 20:17 by releasethekraken
Well done GC.Evening all. I have to laugh at the daily drivel from across the pond. My meagre investment in GKP which has gone up and down over the last 12 months has earnt me a very nice tax free dividend of just over ?31k. Share price higher than when I initially invested and now all my holding is in a shares ISA. Lovely jubbly. Throughout
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