Gulf Keystone Petroleum Ltd Com Shs
GKP · Main Market · Energy · mcap £422m · 197.6p
Gulf Keystone operates the Shaikan Field in Kurdistan, Iraq, and sells the crude it produces. Its revenue depends on oil prices, on export routes through the Iraq-Turkey pipeline and on payments from the Kurdistan government.
- Revenue
- £126m
- Operating profit
- −£721k
- Net income
- −£316k
- Free cash flow
- £49.2m
- Net cash
- £46.1m
- Market cap
- £430m
- EV / EBIT
- –
- FCF yield
- +11.4%
- Price / book
- –
Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.
Latest report: H1 26 (six months to 30 Jun 26), published 25 Aug 26 · read the results ↗
£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source
| LTM Jun 26 | FY 25 | FY 24 | FY 23 | |
|---|---|---|---|---|
| Revenue | – | – | 118.3 | 99.3 |
| Gross profit | – | – | 16.1 | 6.6 |
| Adjusted EBITDA | 91.3 | 84.6 | 59.6 | 40.3 |
| Operating profit | – | – | 3.7 | (10.5) |
| Depreciation (owned assets) | – | – | – | 31.7 |
| Share-based payments | – | – | 2.7 | 7.8 |
| Finance costs | – | – | (1.3) | (1.4) |
| Profit before tax | – | – | 6.2 | (9.2) |
| Tax | – | – | (0.6) | (0.1) |
| Net income (owners) | – | – | 5.6 | (9.2) |
| EPS basic | – | – | 2.6p | (4.1p) |
| EPS diluted | – | – | 2.5p | (4.1p) |
| H1 26 | vs H1 25 | H2 25 | H1 25 | H2 24 | H1 24 | H2 23 | |
|---|---|---|---|---|---|---|---|
| Revenue | – | – | – | 64.2 | 62.1 | 56.3 | 34.8 |
| Gross profit | – | – | – | 2.4 | 10.4 | 5.7 | (5.1) |
| Adjusted EBITDA | 38.4 | +21% | 52.8 | 31.7 | 30.8 | 28.8 | 12.6 |
| Operating profit | – | – | – | (4.6) | 3.9 | (0.2) | (8.1) |
| Depreciation (owned assets) | – | – | – | – | – | 28.9 | 15.1 |
| Share-based payments | – | – | – | 1.5 | 1.7 | 1.1 | 1.8 |
| Finance costs | – | – | – | (0.7) | (0.7) | (0.6) | (0.7) |
| Profit before tax | – | – | – | (5.8) | 5.3 | 0.8 | (7.2) |
| Tax | – | – | – | 0.2 | (0.1) | (0.5) | 0.2 |
| Net income (owners) | – | – | – | (5.6) | 5.3 | 0.3 | (6.9) |
| EPS basic | – | – | – | (2.4p) | 2.4p | 0.2p | (3.1p) |
| EPS diluted | – | – | – | (2.4p) | 2.3p | 0.2p | (3.1p) |
| Latest Jun 26 | FY 25 | FY 24 | FY 23 | |
|---|---|---|---|---|
| Other intangibles | – | – | 1.0 | 2.2 |
| Property, plant & equipment | – | – | 309.5 | 350.1 |
| Inventories | – | – | 7.9 | 7.8 |
| Trade receivables | – | – | 21.3 | 11.9 |
| Cash | 46.1 | 58.1 | 81.6 | 64.2 |
| Current assets | – | – | 110.7 | 83.8 |
| Total assets | – | – | 532.1 | 547.5 |
| Trade payables | – | – | 93.5 | 85.9 |
| Current liabilities | – | – | 94.0 | 90.0 |
| Total liabilities | – | – | 123.8 | 117.7 |
| Total equity | – | – | 408.3 | 429.7 |
| Net cash / (debt) ex leases | – | – | 81.5 | 64.2 |
| H1 26 | H2 25 | H1 25 | H2 24 | H1 24 | H2 23 | |
|---|---|---|---|---|---|---|
| Other intangibles | – | – | 0.4 | 1.0 | 1.3 | 2.2 |
| Property, plant & equipment | – | – | 266.5 | 309.5 | 328.8 | 350.1 |
| Inventories | – | – | 5.7 | 7.9 | 7.8 | 7.8 |
| Trade receivables | – | – | 25.6 | 21.3 | 6.1 | 11.9 |
| Cash | 46.1 | 58.1 | 72.2 | 81.6 | 80.9 | 64.2 |
| Current assets | – | – | 103.4 | 110.7 | 94.9 | 83.8 |
| Total assets | – | – | 459.3 | 532.1 | 542.9 | 547.5 |
| Trade payables | – | – | 80.3 | 93.5 | 85.6 | 85.9 |
| Current liabilities | – | – | 80.9 | 94.0 | 97.5 | 90.0 |
| Total liabilities | – | – | 109.1 | 123.8 | 125.4 | 117.7 |
| Total equity | – | – | 350.2 | 408.3 | 417.5 | 429.7 |
| Net cash / (debt) ex leases | – | – | 72.2 | 81.5 | 80.9 | 64.2 |
Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.
Company filings. Not investment advice.