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Added to YB: 2025-08-20

Pitch date: 2025-08-17

GKP.L [neutral]

Gulf Keystone Petroleum Limited

+6.09%

current return

Author Info

Deep Value Investments makes long-term investments in in stocks where assets or cashflow are undervalued or something will happen to drive the price up. Sign up for the newsletter.

Company Info

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq.

Market Cap

GBP 505.0M

Pitch Price

GBP 1.63

Price Target

N/A

Dividend

9.90%

EV/EBITDA

5.06

P/E

74.39

EV/Sales

2.67

Sector

Oil, Gas and Consumable Fuels

Category

special_situation

Show full summary:
Deep Value Investments | July 2025 Update +23% - Gulf Keystone Petroleum Limited

GKP.L (holding update): Iraq Kurdistan oil producer with $100M cash, $120M receivables vs $489M market cap. Waiting on pipeline reopening agreement between Kurds/Iraqis which could double prices. Low $6/bbl operating costs. Key risk: govt seizure, though historically rare in Islamic states.

Read full article (1 min)