GKP continues in 2yr ascending channelGKP continue to hold
Continues in 2yr plus ascending channel with broker rating+50% and continued dividends
no advice given
87.85 MGBP
200.14 M
About GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI)
Sector
Industry
CEO
Jon Harris
Website
Headquarters
Hamilton
Founded
2001
ISIN
BMG4209G2077
FIGI
BBG000JM99N6
Gulf Keystone Petroleum Ltd. engages in an independent oil and gas exploration and production. It operates through the Kurdistan and the United Kingdom geographical segments. The company was founded by Todd Francis Kozel, Ibrahim A. Al-Khaldi, and Ali A. Al-Qabandi on October 29, 2001 and is headquartered in Hamilton, Bermuda.
Elliott Wave Analysis of Gulf Keystone Petroleum (GKP)Long term Weekly EW Analysis of GKP.
- On a basic fundamental level GKP, as of today, has more cash than the value of their Market Cap and Debt combined (+£35M more). The last dividend was 16p. Whether they can maintain this going forward is another question.
- In my EW analysis, the price target
if 230p is held 300p target (if oil price holds)or 205p possibleBounced from 230p where 200ma daily is & 50ma weekly plus strong support here, if oil price remains stable or rises then we should head to next leg, if not then best to exit if we remain weak & lose 230p level as next support might be 205p so best not to hold or if longer game average down at 205p
RSI & price breakout 300p target - bullish Don't hold this stock but quite bullish on the move & I believe it will head to 300p
RSI & price break out, looks strong & easy to see on RSI
Something to keep eye on soon for bounce - Support close20ma monthly chart at around 160p & several support levels on weekly between 158 to 160p.
Losing that support will head lower to the next support at 129p but RSI getting oversold and a little divergence happening so we might see a bounce before.
Oil price is quite important to also keep a look out.
Gulf Keystone - 2 reasons to be bullish2 reasons to be bullish:
a 50EMA crossover of the 200 EMA and a breakout from 130.
Long GKPL. volume spike on time combine with accumulation on price (noted by high volume on VP). Leads me to believe some bullishness is being introduced on a discounted value play.
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of GKP is 112.0 GBX — it has increased by 0.81% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on LSE exchange GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) stocks are traded under the ticker GKP.
GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) is going to release the next earnings report on Aug 29, 2024. Keep track of upcoming events with our Earnings Calendar.
GKP stock is 5.34% volatile and has beta coefficient of 1.26. Check out the list of the most volatile stocks — is GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) there?
One year price forecast for GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) has a max estimate of 1.9 GBX and a min estimate of 1.0 GBX.
GKP earnings for the last quarter are 0.04 GBX per share, whereas the estimation was 0.36 GBX resulting in a −89.13% surprise. The estimated earnings for the next quarter are −0.02 GBX per share. See more details about GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) earnings.
GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) revenue for the last quarter amounts to 63.03 M GBX despite the estimated figure of 142.60 M GBX. In the next quarter revenue is expected to reach 40.06 M GBX.
Yes, you can track GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) financials in yearly and quarterly reports right on TradingView.
GKP stock has fallen by 3.10% compared to the previous week, the month change is a 3.13% rise, over the last year GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) has showed a 27.74% decrease.
Today GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) has the market capitalization of 247.14 M, it has increased by 9.17% over the last week.
Like other stocks, GKP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) stock shows the sell signal. See more of GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) future price: according to them, GKP price has a max estimate of 188.67 GBX and a min estimate of 101.10 GBX. Read a more detailed GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) forecast: see what analysts think of GULF KEYSTONE PETROLEUM LIMITED COM SHS USD1.00 (DI) and suggest that you do with its stocks.