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Gulf Keystone Completes First Kurdistan Crude Lifting for Export

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Gulf Keystone Completes First Kurdistan Crude Lifting for Export

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The latest announcement is out from Gulf Keystone Petroleum ( (GB:GKP) ).

Gulf Keystone Petroleum Ltd. announced the successful completion of its first lifting of Kurdistan crude for pipeline exports, alongside other International Oil Companies, at the Ceyhan oil terminal in Türkiye. The company expects to receive payment for its share within 30 days, with a second lifting planned for the end of November 2025. This development marks a significant step in the company’s operations, potentially enhancing its market positioning and providing financial benefits to stakeholders.

The most recent analyst rating on (GB:GKP) stock is a Hold with a £187.00 price target. To see the full list of analyst forecasts on Gulf Keystone Petroleum stock, see the GB:GKP Stock Forecast page.

Spark’s Take on GB:GKP Stock

According to Spark, TipRanks’ AI Analyst, GB:GKP is a Neutral.

Gulf Keystone Petroleum’s overall score reflects strong financial stability and cash flow management, offset by challenges in profitability and technical indicators showing bearish momentum. The high dividend yield is attractive but comes with risks due to negative earnings. Operational disruptions and geopolitical uncertainties further impact the outlook.

To see Spark’s full report on GB:GKP stock, click here.

More about Gulf Keystone Petroleum

Gulf Keystone Petroleum Ltd. is a leading independent operator and producer in the Kurdistan Region of Iraq, focusing on oil and gas exploration and production.

Average Trading Volume: 837,241

Technical Sentiment Signal: Buy

Current Market Cap: £381.1M

Learn more about GKP stock on TipRanks’ Stock Analysis page.

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