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. More Details
No risks detected for GKP from our risk checks.
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has Gulf Keystone Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GKP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GKP's weekly volatility (5%) has been stable over the past year.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: GKP exceeded the UK Oil and Gas industry which returned 23.5% over the past year.
Return vs Market: GKP exceeded the UK Market which returned 26.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gulf Keystone Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StJon Harris Is The CEO & Director of Gulf Keystone Petroleum Limited (LON:GKP) And Just Spent US$51k On Shares
1 week ago | Simply Wall StNews Flash: Analysts Just Made A Notable Upgrade To Their Gulf Keystone Petroleum Limited (LON:GKP) Forecasts
3 weeks ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Gulf Keystone Petroleum Limited (LON:GKP) Shares?
Is Gulf Keystone Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GKP (£1.75) is trading below our estimate of fair value (£8.07)
Significantly Below Fair Value: GKP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GKP is unprofitable, so we can't compare its PE Ratio to the GB Oil and Gas industry average.
PE vs Market: GKP is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GKP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GKP's PB Ratio (1.1x) is in line with the GB Oil and Gas industry average.
How is Gulf Keystone Petroleum forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GKP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: GKP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GKP's is expected to become profitable in the next 3 years.
Revenue vs Market: GKP's revenue (33.6% per year) is forecast to grow faster than the UK market (6.2% per year).
High Growth Revenue: GKP's revenue (33.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GKP's Return on Equity is forecast to be high in 3 years time (21.3%)
How has Gulf Keystone Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GKP is currently unprofitable.
Growing Profit Margin: GKP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GKP is unprofitable, but has reduced losses over the past 5 years at a rate of 41.4% per year.
Accelerating Growth: Unable to compare GKP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GKP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-47.4%).
Return on Equity
High ROE: GKP has a negative Return on Equity (-10.43%), as it is currently unprofitable.
How is Gulf Keystone Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: GKP's short term assets ($223.2M) exceed its short term liabilities ($69.1M).
Long Term Liabilities: GKP's short term assets ($223.2M) exceed its long term liabilities ($135.4M).
Debt to Equity History and Analysis
Debt Level: GKP's debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: GKP's debt to equity ratio has reduced from 326.1% to 21.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GKP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GKP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Gulf Keystone Petroleum current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GKP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GKP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GKP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GKP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GKP is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GKP's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon Harris (54 yo)
Mr. Jon R. Harris, MEng (Fuels and Energy Engineering), has been Chief Executive Officer and Director of Gulf Keystone Petroleum Limited since January 18, 2021. He had been Executive Vice President of Upst...
Experienced Management: GKP's management team is considered experienced (2.3 years average tenure).
Experienced Board: GKP's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GKP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gulf Keystone Petroleum Limited's company bio, employee growth, exchange listings and data sources
- Name: Gulf Keystone Petroleum Limited
- Ticker: GKP
- Exchange: LSE
- Founded: 2001
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£366.958m
- Shares outstanding: 210.17m
- Website: https://www.gulfkeystone.com
Number of Employees
- Gulf Keystone Petroleum Limited
- Cedar House
- 3rd Floor
- HM 12
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 t...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/22 10:17|
|End of Day Share Price||2021/04/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.