Gulf Keystone Petroleum Limited (GKP) to Issue Dividend of $0.07 on July 19th

Gulf Keystone Petroleum Limited (LON:GKP) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 4th will be paid a dividend of $0.07 per share by the oil production company on Friday, July 19th. This represents a yield of 3.8%. The ex-dividend date is Thursday, July 4th. The official announcement can be seen at this link.

Gulf Keystone Petroleum Trading Up 0.6 %

Gulf Keystone Petroleum stock opened at GBX 149.60 ($1.89) on Tuesday. The stock has a market cap of £332.11 million, a P/E ratio of -3,765.00, a PEG ratio of 0.06 and a beta of 1.18. Gulf Keystone Petroleum has a fifty-two week low of GBX 81.29 ($1.03) and a fifty-two week high of GBX 155.94 ($1.97). The firm’s fifty day moving average price is GBX 132.47 and its 200-day moving average price is GBX 117.70. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.18 and a current ratio of 0.93.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 175 ($2.21) price target on shares of Gulf Keystone Petroleum in a report on Monday, May 13th.

Gulf Keystone Petroleum Company Profile

Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.