London-listed Gulf Keystone rises as higher oil prices offset shutdown impact
25/08/2026 09:11
BUZZ-London-listed Gulf Keystone rises as higher oil prices offset shutdown impact ** Kurdish oil producer Gulf Keystone Petroleum GKP.L up 9.4% at 200.6p
** Stock set for biggest one-day pct gain since September 22, 2025
** Adjusted EBITDA rises 26% to $51.7 mln in H1, helped by higher realised prices and lower operating costs
** Production at Shaikan Field restarted on Aug. 16 and is currently approaching 40,000 barrels of oil per day
** Co says production ramp-up is ongoing, with well activities underway to return to prior production levels
** Declares $10 mln interim dividend, equivalent to 4.6 cents per share
** Including session's gains, GKP up ~12% YTD
(Reporting by Atharva Singh in Bengaluru)
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