Gulf Keystone swings to loss in 2023

21st Mar 2024 10:10

(Sharecast News) - Kurdistan-focused oil group Gulf Keystone Petroleum (GKP) swung to a small loss in 2023 as the suspension of exports and continued delays to payments from the regional government had a material impact on its financial performance.

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Gulf Keystone production plunges on Kurdistan export suspensions

31st Jan 2024 07:40

(Sharecast News) - Kurdistan-focussed energy company Gulf Keystone Petroleum said in an update on Wednesday that its gross average production for 2023 decreased to 21,891 barrels of oil per day, from 44,202 daily barrels in the prior year, due to export suspensions.

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Gulf Keystone reports tough first half amid Kurdistan export ban

31st Aug 2023 09:56

(Sharecast News) - Kurdistan oil operator Gulf Keystone reported significant downturns across key financial indicators in its first half on Thursday.

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Gulf Keystone's main export route out of Kurdistan shut-in

27th Mar 2023 10:16

(Sharecast News) - Exploration and production firm Gulf Keystone Petroleum revealed on Monday that its main export route out of the Kurdistan region of northern Iraq has been shut-in.

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Canaccord Genuity reiterates 'buy' rating on Gulf Keystone

2nd Sep 2022 10:26

(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating and 370.0p target price on exploration and production outfit Gulf Keystone on Friday following the group's first-half results.

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Gulf Keystone returns to post-tax profit in first half

2nd Sep 2021 09:02

(Sharecast News) - Iraqi Kurdistan-focussed petroleum operator Gulf Keystone reported a 162% improvement in its first-half revenue on Thursday, to $130.7m (£94.78m), contributing to a return to profit after tax of $64.8m, compared to a $33.1m loss a year ago.

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Berenberg lowers Gulf Keystone Petroleum to 'hold'

6th Apr 2021 16:10

(Sharecast News) - Analysts at Berenberg downgraded Gulf Keystone Petroleum from 'buy' to 'hold' on Tuesday, stating the group's current plans were already priced in.

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Gulf Keystone hires Joh Harris as CEO

4th Jan 2021 08:57

(Sharecast News) - Gulf Keystone Petroleum has appointed former BG Group executive Jon Harris as the oil company's new boss.

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Monday broker round-up

7th Sep 2020 13:36

(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.

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Friday broker round-up

4th Sep 2020 13:53

(Sharecast News) - Imperial Brands: JP Morgan upgrades to overweight with a target price of 1,650.0p.

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Friday broker round-up

19th Jun 2020 14:21

(Sharecast News) - Domino's Pizza Group: Berenberg downgrades to sell with a target price of 250p.

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Buy Energean and Gulf Keystone for upswing, Berenberg says

29th Apr 2020 13:06

(Sharecast News) - Buy Energean Oil & Gas in a strategy favouring quality companies for when the oil price starts to rise in the second half of 2020, Berenberg analysts recommended.

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Genel and Gulf Keystone face late payments from Kurdistan

12th Dec 2019 10:50

(Sharecast News) - Genel Energy and Gulf Keystone shares fell after the oil companies said the Kurdistan government was delaying payments due in late 2019 until January 2020.

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Gulf Keystone Petroleum completes $25m share buyback

9th Oct 2019 10:14

(Sharecast News) - Gulf Keystone Petroleum announced on Wednesday that, following the purchase of ordinary shares on 8 October, its $25m (£20.41m) share buyback programme as announced on 8 July, 2 September and 10 September, was completed.

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Monday broker round-up

2nd Sep 2019 13:16

(Sharecast News) - Beazley: UBS upgrades to buy with a target price of 650p.

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