Gulf Keystone Petroleum Limited Declares Dividend of $0.07 (LON:GKP)

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

Gulf Keystone Petroleum Stock Up 0.6 %

GKP opened at GBX 149.60 ($1.89) on Tuesday. The company has a market cap of £332.11 million, a PE ratio of -3,765.00, a price-to-earnings-growth ratio of 0.06 and a beta of 1.18. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.18 and a current ratio of 0.93. Gulf Keystone Petroleum has a 1 year low of GBX 81.29 ($1.03) and a 1 year high of GBX 155.94 ($1.97). The firm has a 50 day moving average price of GBX 132.47 and a 200 day moving average price of GBX 117.70.

Analyst Upgrades and Downgrades

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

About Gulf Keystone Petroleum

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.