Breaking Finance News

SP Angel retained Gulf Keystone Petroleum (LON:GKP) to Hold in a statement released today.

Boasting a price of 1.98GBX, Gulf Keystone Petroleum (LON:GKP) traded -11.55% lower on the day. With the last close down -55.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Gulf Keystone Petroleum has recorded a 50-day average of 2.80GBX and a two hundred day average of 4.39GBX. Volume of trade was up over the average, with 22,220,309 shares of GKP changing hands over the typical 16,342,200

SP Angel has retained Gulf Keystone Petroleum (LON:GKP) to Hold in a report released on 10/11/2016.

Performance Chart

Gulf Keystone Petroleum (LON:GKP)

With a total market value of 0 GBX, Gulf Keystone Petroleum has with a one year low of 1.70GBX and a one year high of 34.87GBX .

A total of 5 analysts have released a research note on GKP. One analyst rating the company a strong buy, two analysts rating the company a buy, two analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a one year target of 0.30GBX.

More About Gulf Keystone Petroleum (LON:GKP)

Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq and the Republic of Algeria. It operates through segments, including Kurdistan Region of Iraq, United Kingdom and Algeria. The Kurdistan Region of Iraq segment consists of the Shaikan, Akri-Bijeel, Sheikh Adi and Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan. The United Kingdom segment provides geological, geophysical and engineering services to the Company. The Algerian segment consists of the Algiers office and the Company's operations in Algeria. It 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. It operates in the Republic of Algeria and focuses on acquiring exploration and appraisal rights in approximately six blocks and over two producing fields.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *