LON:GKP

Gulf Keystone Petroleum - GKP Share Forecast, Price & News

GBX 145.80

-27.60 (-15.92%)

(As of 03/27/2023 04:45 PM ET)

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Today's Range: 130.20
▼
169.60
50-Day Range: 170.60
▼
215
52-Week Range: 130.20
▼
321

Volume: 8.98 million shs
Average Volume: 1.04 million shs
Market Capitalization: £315.29 million

P/E Ratio: 147.27
Dividend Yield: 37.04%
Price Target: GBX 305

Gulf Keystone Petroleum MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 109.2% Upside
GBX 305 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.26
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Gulf Keystone Petroleum has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 305, Gulf Keystone Petroleum has a forecasted upside of 109.2% from its current price of GBX 145.80.
Amount of Analyst Coverage
Gulf Keystone Petroleum has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for GKP.

1.7

Dividend Strength

Dividend Leadership
Gulf Keystone Petroleum is a leading dividend payer. It pays a dividend yield of 31.34%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gulf Keystone Petroleum does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Gulf Keystone Petroleum is 5,454.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GKP.

1.8

News and Social Media Coverage

News Sentiment
Gulf Keystone Petroleum has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Gulf Keystone Petroleum this week, compared to 0 articles on an average week.
Search Interest
Only 5 people have searched for GKP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gulf Keystone Petroleum insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.95% of the stock of Gulf Keystone Petroleum is held by insiders.
Percentage Held by Institutions
51.37% of the stock of Gulf Keystone Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gulf Keystone Petroleum is 147.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 115.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gulf Keystone Petroleum is 147.27, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 79.80.
Price to Earnings Growth Ratio
Gulf Keystone Petroleum has a PEG Ratio of 0.06. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Gulf Keystone Petroleum has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Gulf Keystone Petroleum (LON:GKP) Stock

Gulf Keystone Petroleum Limited engages in the exploration, evaluation, and production of oil and gas properties in the Kurdistan Region of Iraq and the United Kingdom. The company operates Shaikan field that covers an area of 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services. The company was incorporated in 2001 and is based in Hamilton, Bermuda.

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GKP Stock News Headlines

March 27, 2023 | reuters.com

Iraqi Kurdistan region's oil output at risk after Turkey halts pipeline exports

March 24, 2023 | americanbankingnews.com

Gulf Keystone Petroleum Limited (LON:GKP) Declares Dividend of $0.12

March 27, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 15, 2023 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Notice of 2022 Full Year Results and Investor Presentations

February 8, 2023 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Resumption of Shaikan Field exports

February 7, 2023 | uk.finance.yahoo.com

Update on Shaikan Field exports

February 7, 2023 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Update on Shaikan Field exports

January 30, 2023 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Operational & Corporate Update

March 27, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

December 19, 2022 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Operational, Corporate & AGM Update

November 14, 2022 | finance.yahoo.com

Gulf Keystone Petroleum Limited's (LON:GKP) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

November 12, 2022 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Shaikan Payment Update

October 11, 2022 | finance.yahoo.com

With 44% ownership, Gulf Keystone Petroleum Limited (LON:GKP) boasts of strong institutional backing

September 28, 2022 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Interim Dividend Exchange Rate

September 2, 2022 | fool.co.uk

Gulf Keystone Petroleum

August 15, 2022 | uk.finance.yahoo.com

Notice of 2022 Half Year Results

August 3, 2022 | uk.finance.yahoo.com

Completion of Bond Redemption

July 18, 2022 | uk.finance.yahoo.com

Bond Redemption Notice

July 15, 2022 | uk.finance.yahoo.com

Shaikan Payments Update

July 15, 2022 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Shaikan Payments Update

July 13, 2022 | finanznachrichten.de

Gulf Keystone Petroleum Ltd.: Dividend Payment

July 7, 2022 | msn.com

Nadhim Zahawi gave Kurdish President’s nephew internship as his oil firm arranged drilling rights in region

June 24, 2022 | marketwatch.com

Gulf Keystone Petroleum Cuts Top End of Production Guidance

June 22, 2022 | uk.finance.yahoo.com

Why Gulf Keystone Petroleum might be a mid-cap stock for contrarian investors

May 23, 2022 | uk.finance.yahoo.com

As Gulf Keystone Petroleum (LON:GKP) hits a new 52-week high, what should shareholders do?

May 6, 2022 | uk.finance.yahoo.com

Why Gulf Keystone Petroleum passes this stock selection checklist

May 4, 2022 | finance.yahoo.com

Here's What Gulf Keystone Petroleum Limited's (LON:GKP) Shareholder Ownership Structure Looks Like

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GKP Company Calendar

Ex-Dividend for 3/3 Dividend: 2/16/2023
Dividend Payable: 3/03/2023
Today: 3/27/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Oil & Gas Drilling & Exploration
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: LON:GKP
CUSIP: N/A
CIK: N/A
Web: www.gulfkeystone.com
Phone: +1-441-2954630
Fax: N/A
Employees: 354
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 305
High Stock Price Forecast: GBX 310
Low Stock Price Forecast: GBX 300
Forecasted Upside/Downside: +106.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.99
Trailing P/E Ratio: 149.49
Forward P/E Ratio: 2.77
P/E Growth: 0.06
Net Income: £262.66 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 54.60%
Return on Assets: 22.06%

Debt

Debt-to-Equity Ratio: 20.36
Current Ratio: 2.27
Quick Ratio: 2.18

Sales & Book Value

Annual Sales: £434.28 million
Price / Sales: 0.74
Cash Flow: GBX 79.52 per share
Price / Cash Flow: 1.86
Book Value: GBX 230 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 216,250,000
Free Float: N/A
Market Cap: £320.05 million
Optionable: Not Optionable
Beta: 1.45

Key Executives

Mr. Jon R. Harris (Age 57)
CEO & Director
Comp: $877.05k

Mr. Ian Weatherdon
CFO & Director

Mr. John Hulme
Chief Operating Officer

Mr. Aaron Clark
Head of Investor Relations & Corp. Communications

Mr. Alasdair N. Robinson
Chief Legal Officer & Company Sec.

Ms. Clare Kinahan
Chief Human Resource Officer

Mr. Gabriel Papineau-Legris C.F.A.
CFA, Chief Commercial Officer

Patrick Bersebach
Head of HSE & Sustainability

Key Competitors

View All Competitors

GKP Stock - Frequently Asked Questions

Should I buy or sell Gulf Keystone Petroleum stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gulf Keystone Petroleum in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GKP shares.
View GKP analyst ratings or view top-rated stocks.
What is Gulf Keystone Petroleum's stock price forecast for 2023?: 2 analysts have issued twelve-month price objectives for Gulf Keystone Petroleum's stock. Their GKP share price forecasts range from GBX 300 to GBX 310. On average, they anticipate the company's stock price to reach GBX 305 in the next year. This suggests a possible upside of 106.1% from the stock's current price.
View analysts price targets for GKP or view top-rated stocks among Wall Street analysts.
How have GKP shares performed in 2023?: Gulf Keystone Petroleum's stock was trading at GBX 201 at the beginning of 2023. Since then, GKP stock has decreased by 26.4% and is now trading at GBX 148.
View the best growth stocks for 2023 here.
How often does Gulf Keystone Petroleum pay dividends? What is the dividend yield for Gulf Keystone Petroleum?: Gulf Keystone Petroleum announced a dividend on Thursday, March 23rd. Shareholders of record on Thursday, July 6th will be paid a dividend of GBX 0.12 per share on Friday, July 21st. This represents a yield of 5.39%. The ex-dividend date is Thursday, July 6th. The official announcement can be seen at this link.
Read our dividend analysis for GKP.
Is Gulf Keystone Petroleum a good dividend stock?: Gulf Keystone Petroleum (LON:GKP) pays an annual dividend of GBX 54 per share and currently has a dividend yield of 31.34%. GKP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,454.55%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GKP.
What other stocks do shareholders of Gulf Keystone Petroleum own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gulf Keystone Petroleum investors own include Genel Energy (GENL), AFR.L (AFR), boohoo group (BOO), Lloyds Banking Group (LLOY), Sirius Minerals (SXX), Rhythmone (RTHM), Aminex (AEX), Scirocco Energy Plc (SOLO.L) (SOLO), Rockhopper Exploration (RKH) and ValiRx (VAL).

What is Gulf Keystone Petroleum's stock symbol?: Gulf Keystone Petroleum trades on the London Stock Exchange (LON) under the ticker symbol "GKP."
How do I buy shares of Gulf Keystone Petroleum?: Shares of GKP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Gulf Keystone Petroleum's stock price today?: One share of GKP stock can currently be purchased for approximately GBX 148.
How much money does Gulf Keystone Petroleum make?: Gulf Keystone Petroleum (LON:GKP) has a market capitalization of £320.05 million and generates £434.28 million in revenue each year. The oil production company earns £262.66 million in net income (profit) each year or GBX 0.99 on an earnings per share basis.
How many employees does Gulf Keystone Petroleum have?: The company employs 354 workers across the globe.
How can I contact Gulf Keystone Petroleum?: Gulf Keystone Petroleum's mailing address is Cumberland House, 1 Victoria Street, HAMILTON, HM FX, Bermuda. The official website for the company is www.gulfkeystone.com. The oil production company can be reached via phone at +1-441-2954630.

This page (LON:GKP) was last updated on 3/27/2023 by MarketBeat.com Staff

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Gulf Keystone Petroleum - GKP Share Forecast, Price & News

Gulf Keystone Petroleum MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Gulf Keystone Petroleum (LON:GKP) Stock

GKP Stock News Headlines

GKP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

GKP Stock - Frequently Asked Questions

Overall MarketRank^™