Gulf Keystone Petroleum Ltd
LSE:GKP

Watchlist Manager
Gulf Keystone Petroleum Ltd Logo
Gulf Keystone Petroleum Ltd
LSE:GKP
Watchlist
Price: 178.6 GBX 0.9% Market Closed
Market Cap: 387.6m GBX

Gulf Keystone Petroleum Ltd
Investor Relations

Gulf Keystone Petroleum Ltd. is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq and the Republic of Algeria. The firm operates in the Kurdistan Region of Iraq. The company operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan. The United Kingdom segment provides geological, geophysical, engineering and corporate services to the Company. The company operates in the Shaikan oil field. The Shaikan block is situated over 85 kilometers northwest of Erbil, covering an area of over 280 square kilometers.

Show more
Loading
GKP
FTSE All Share Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 28, 2025
AI Summary
Q2 2025

Production Growth: Gross average production rose 12% to 44,100 barrels per day in H1 2025, driven by strong local demand and effective reservoir management.

Dividend Increase: Another $25 million interim dividend was declared, bringing total 2025 dividends paid and declared to $50 million.

Water Handling Investment: The company sanctioned a $12 million water handling facility at production facility 2, aiming to unlock 4,000–8,000 barrels per day of extra capacity by early 2027.

Tightened Guidance: 2025 gross average production guidance narrowed to 40,000–42,000 barrels per day, reflecting recent disruptions.

Stable Costs: Operating costs per barrel held flat at $4.2, and G&A guidance remains below $10 million for 2025.

Export Pipeline Update: Management is actively negotiating with government stakeholders to restart exports, but timing remains uncertain.

Key Financials
Gross Average Production
44,100 barrels per day
Average Realized Price
$27.80 per barrel
Adjusted EBITDA
$41 million
Gross OpEx per barrel
$4.2 per barrel
Operating Cost
$27 million
Other G&A Expense
$4.6 million
Free Cash Flow
$25 million
Cash Balance
$99 million (end of June), $106 million (as of call date)
Dividend
$50 million (paid and declared for 2025)
Net CapEx
$13 million (cash basis in H1 2025), $18 million (total in H1 2025)
2P Reserves
440 million barrels
Earnings Call Recording
Other Earnings Calls
2025
2022

Management

Mr. Jon R. Harris
CEO & Director
No Bio Available
Mr. Gabriel Papineau-Legris C.F.A.
CFO & Executive Director
No Bio Available
Mr. John Hulme
Chief Operating Officer
No Bio Available
Mr. Aaron Clark
Head of Investor Relations & Corporate Communications
No Bio Available
Mr. Alasdair N. Robinson
Chief Legal Officer & Company Secretary
No Bio Available
Ms. Clare Kinahan
Chief Human Resource Officer
No Bio Available
Patrick Bersebach
Head of HSE & Sustainability
No Bio Available

Contacts

Address
Hamilton
c/o Coson Corporate Services Limited, Cedar House, 3rd Floor, 41 Cedar Avenue
Contacts
+14412954630.0
www.gulfkeystone.com