Gulf Keystone Petroleum Achieves Milestone Year with Resumed Exports and Strong Financial Performance

Gulf Keystone Petroleum ( (GB:GKP) ) has provided an announcement.

Gulf Keystone Petroleum has announced a successful year marked by the resumption of pipeline exports from the Shaikan Field, leading to the receipt of the first payment for these exports. The company is on track to meet its production and financial guidance for 2025, with a strong operational performance enabling the distribution of $50 million in dividends to shareholders. Looking ahead, Gulf Keystone plans to focus on current projects and potentially restart drilling in 2026, contingent on consistent export payments. The company is also considering a potential listing on the Euronext Growth Oslo, subject to market conditions.

The most recent analyst rating on (GB:GKP) stock is a Hold with a £188.00 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 positive corporate developments, tempered by valuation concerns and operational challenges. The company’s ability to sustain cash flow growth and navigate geopolitical risks will be crucial for future performance.

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. The company is involved in the exploration and production of oil and gas, with a significant focus on the Shaikan Field, a key asset in its portfolio.

Average Trading Volume: 799,540

Technical Sentiment Signal: Buy

Current Market Cap: £384.1M

See more insights into GKP stock on TipRanks’ Stock Analysis page.