Gulf Keystone Petroleum Balance Sheet Health

Financial Health criteria checks 5/6

Gulf Keystone Petroleum has a total shareholder equity of $528.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $686.5M and $158.5M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$102.33m
Equity	US$527.99m
Total liabilities	US$158.55m
Total assets	US$686.54m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GKPL's short term assets ($120.0M) do not cover its short term liabilities ($123.3M).

Long Term Liabilities: GKPL's short term assets ($120.0M) exceed its long term liabilities ($35.3M).

Debt to Equity History and Analysis

Debt Level: GKPL is debt free.

Reducing Debt: GKPL has no debt compared to 5 years ago when its debt to equity ratio was 18.6%.

Debt Coverage: GKPL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GKPL has no debt, therefore coverage of interest payments is not a concern.

Gulf Keystone Petroleum Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Gulf Keystone Petroleum Limited Announces Directorate Appointments, Effective 1 October 2024

Gulf Keystone Petroleum Limited Appoints David Thomas as Interim Chair

Gulf Keystone Petroleum Limited Announces Sudden Passing Martin Angle, Chair

Gulf Keystone Petroleum Limited (LSE:GKP) commences an Equity Buyback Plan for 22,244,365 shares, representing 10% of its issued share capital, under the authorization approved on June 16, 2023.

Gulf Keystone Petroleum Limited (LSE:GKP) commences an Equity Buyback Plan for 22,244,365 shares, representing 10% of its issued share capital, under the authorization approved on June 16, 2023.

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 21, 2024

Full year 2023 earnings released: US$0.053 loss per share (vs US$1.24 profit in FY 2022)

New minor risk - Share price stability

New minor risk - Shareholder dilution

Full year 2023 earnings released

Gulf Keystone Petroleum Limited Announces Chief Financial Officer Changes

Gulf Keystone Petroleum Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

Investor sentiment improves as stock rises 21%

Now 23% undervalued

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 15%

New major risk - Share price stability

Investor sentiment improves as stock rises 20%

First half 2023 earnings released: US$0.013 loss per share (vs US$0.76 profit in 1H 2022)

Gulf Keystone Petroleum Limited Announces Appointment of Julien Balkany as Non-Independent Non-Executive Director

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 16, 2023

Gulf Keystone Petroleum Limited Announces Update on Shaikan Field Exports

Upcoming dividend of US$0.12 per share at 22% yield

Gulf Keystone Petroleum Limited to Report Fiscal Year 2022 Results on Mar 23, 2023

Investor sentiment improved over the past week

Upcoming dividend of US$0.12 per share

Gulf Keystone Petroleum Limited Announces the Declaration of Million Interim Dividend, Payable 7 October 2022

First half 2022 earnings released: EPS: US$0 (vs US$0.30 in 1H 2021)

Gulf Keystone Petroleum Limited Reiterates Production Guidance for 2022

Gulf Keystone Petroleum Limited to Report First Half, 2022 Results on Sep 01, 2022

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.23 per share

Gulf Keystone Petroleum Limited Announces Appointment of Wanda Mwaura as an Independent Non-Executive Director, Effective from July 1, 2022

Gulf Keystone Petroleum Limited Approves Special Dividend, Payable on 29 July 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2022

Gulf Keystone Petroleum Limited Proposes Special Dividend, Payable on 29 July 2022

Gulf Keystone Petroleum Limited Proposes Special Dividend, Payable on 29 July 2022

Now 20% undervalued

Gulf Keystone Petroleum Limited Declares Interim Dividend for the Full Year 2021, Payable on 13 May 2022

Now 21% undervalued

Full year 2021 earnings released: EPS: US$0.77 (vs US$0.22 loss in FY 2020)

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 24, 2022

Gulf Keystone Petroleum Limited Proposes Interim Dividend, Payable on 13 May 2022

Investor sentiment improved over the past week

Now 20% undervalued

Gulf Keystone Petroleum Limited to Report Fiscal Year 2021 Results on Mar 30, 2022

Upcoming dividend of US$0.23 per share

Now 21% undervalued

Gulf Keystone Petroleum Limited Provides Production Guidance for the Full Year 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2021

First half 2021 earnings released: EPS US$0.30 (vs US$0.16 loss in 1H 2020)

Gulf Keystone Petroleum Limited Provides Earnings Guidance for the Year 2021

Upcoming dividend of US$0.12 per share

Inaugural dividend of US$0.12 per share

Gulf Keystone Proposes Special Dividend

Full year 2020 earnings released: US$0.22 loss per share (vs US$0.19 profit in FY 2019)

Gulf Keystone Petroleum Limited Proposes Special Cash Dividend Payable on 6 August 2021

Gulf Keystone Petroleum Limited Announces Special Dividend Payable on 2 July 2021

CEO & Director recently bought UK£51k worth of stock

Full year 2020 earnings released

Gulf Keystone Petroleum Limited Provides Production Guidance for First Quarter of 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2021

New 90-day high: UK£1.77

New 90-day high: UK£1.55

Gulf Keystone Petroleum Limited Announces Shaikan Payment Update

New 90-day high: UK£1.51

Gulf Keystone Petroleum Limited Appoints Jon Harris as Board Member, Effective January 18, 2021

Gulf Keystone Petroleum Limited Announces Management Changes

New 90-day high: UK£1.22

New 90-day high: UK£0.97

Gulf Keystone Petroleum Limited Announces Successful Completion of SH-12 Workover

Gulf Keystone Petroleum Limited Updates on Shaikan Payment

Gulf Keystone Petroleum Limited to Report First Half, 2020 Results on Sep 03, 2020

Financial Position Analysis