Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Genel Energy ( (GB:GENL) ) has provided an announcement.
Genel Energy announced that its subsidiary, Genel Energy Miran Bina Bawi Limited, has been ordered by the Tribunal to pay $26.87 million in recoverable costs to the Kurdistan Regional Government following an arbitration claim. This amount is less than the $36 million originally claimed by the KRG, indicating a partial financial relief for Genel.
More about Genel Energy
Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange. The company focuses on oil production and operates primarily in the Kurdistan region.
YTD Price Performance: 4.77%
Average Trading Volume: 2,340
Technical Sentiment Signal: Buy
Current Market Cap: $213.7M
For an in-depth examination of GENL stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue