OTC : GUKYF

Gulf Keystone Petroleum Limited — News

$2.3 USD

$0 (0.0%)

Volume
400
Average Volume
1.62K
Market Capitalization
$500.12M
P/E Ratio
35.35
Dividend Yield
7.18%
Price Target
Year High
$3.30
Year Low
$2.05
Day High
Day Low
Payout Ratio
$3.22
Current Ratio
$1.64
Source Headline
Gulf Keystone Petroleum cuts costs, keeps Shaikan offline

Gulf Keystone Petroleum Limited (LSE:GKP) said it has cut monthly cash burn by almost 50% as it keeps the Shaikan Field offline following a precautionary shut-in earlier this year. The Kurdistan-focused oil producer said Shaikan has remained offline since 28 February 2026 due to the regional security environment, though the company said it is ready to restart production and exports immediately once safe to do so.

proactiveinvestors.co.uk - 2026-06-19 03:21:04

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