How to buy Gulf Keystone Petroleum (GKP) shares

Learn how to easily invest in Gulf Keystone Petroleum shares.

Gulf Keystone Petroleum Limited
LSE: GKP - GBX
OIL & GAS E&P
p217.00
0.00%

Gulf Keystone Petroleum Limited (GKP) is a leading oil and gas e&p business based in the UK. In the week up to 14 October Gulf Keystone Petroleum shares surged 8.23% to a closing position of 217p. Over the last 12 months, Gulf Keystone Petroleum's share price has risen by a staggering 167.31% from 73.1p. Gulf Keystone Petroleum is listed on the London Stock Exchange (LSE) and employs 354 staff. All prices are listed in pence sterling.

How to buy shares in Gulf Keystone Petroleum

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: GKP in this case.
  5. Research Gulf Keystone Petroleum shares. The platform should provide the latest information available.
  6. Buy your Gulf Keystone Petroleum shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Gulf Keystone Petroleum's share price?

Since the stock market crash that started in February 2020, Gulf Keystone Petroleum's share price has had significant positive movement.

Its last market close was 217p, which is 16.22% up on its pre-crash value of 181.8p and 358.77% up on the lowest point reached during the March 2020 crash when the shares fell as low as 47.3p.

If you had bought £1,000 worth of Gulf Keystone Petroleum shares at the start of February 2020, those shares would have been worth £338.72 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £1,170.43.

Gulf Keystone Petroleum share price (LSE:GKP)

Use our graph to track the performance of GKP stocks over time.

Gulf Keystone Petroleum shares at a glance

Information last updated 2021-09-17.
Open197p
High199p
Low192.6p
Close195.4p
Previous close194.4p
Change1p
Change %0.5144%
Volume524,607
Information last updated 2021-10-16.
52-week range66.8363p - 222.2603p
50-day moving average193.5278p
200-day moving average178.8674p
Wall St. target price2.59p
PE ratio12.7647
Dividend yield11.7p (5.39%)
Earnings per share (TTM)17p
Promoted
eToro Free Stocks

Invest in Gulf Keystone Petroleum shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 100x Gulf Keystone Petroleum shares with popular platforms

Share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £0.00
£195.40 total
Capital at risk
eToro Free Stocks logo £0 $50 £0.00
£195.40 total
Capital at risk
Fineco logo £0 No minimum £0.00
£195.40 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.78
£197.18 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£207.35 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£203.39 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£204.90 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Gulf Keystone Petroleum stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Gulf Keystone Petroleum price performance over time

Historical closes compared with the last close of 195.4p

1 week (2021-10-07) -2.54%
1 month (2021-09-17) 195.4
3 months (2021-07-16) 11.78%
6 months (2021-04-16) 9.28%
1 year (2020-10-16) 167.31%
2 years (2019-10-16) -2.01%
3 years (2018-10-16) -20.89%
5 years (2016-10-14) 65.59%

Is Gulf Keystone Petroleum under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Gulf Keystone Petroleum's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Gulf Keystone Petroleum shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Gulf Keystone Petroleum's P/E ratio is best considered in relation to those of others within the oil & gas e&p industry or those of similar companies.

    EBITDA

    Gulf Keystone Petroleum's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £134.3 million.

    The EBITDA is a measure of a Gulf Keystone Petroleum's overall financial performance and is widely used to measure a its profitability.

    To put that into context you can compare it against similar companies.

    Financials

    Revenue TTM £189.3 million
    Operating margin TTM 34.2%
    Gross profit TTM £-13,058,000
    Return on assets TTM 5.84%
    Return on equity TTM 10.8%
    Profit margin 26.71%
    Book value 2.2p
    Market capitalisation £463.8 million

    TTM: trailing 12 months

    Gulf Keystone Petroleum share dividends

    5.4%

    Dividend yield: 5.39% of stock value

    7.9%

    Forward annual dividend yield: 7.88% of stock value

    52.5%

    Dividend payout ratio: 52.53% of net profits

    Gulf Keystone Petroleum has recently paid out dividends equivalent to 5.39% of its share value annually.

    Gulf Keystone Petroleum has paid out, on average, around 52.53% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 7.88% return on their shares, in the form of dividend payments. In Gulf Keystone Petroleum's case, that would currently equate to about 11.7p per share.

    Gulf Keystone Petroleum's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

    The latest dividend was paid out to all shareholders who bought their shares by 23 September 2021 (the "ex-dividend date").

    Gulf Keystone Petroleum's dividend yield is perhaps best considered in relation to those of similar companies.

    Have Gulf Keystone Petroleum's shares ever split?

    Gulf Keystone Petroleum's shares were split on a 1:100 basis on 9 December 2016. So if you had owned 100 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Gulf Keystone Petroleum shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Gulf Keystone Petroleum shares which in turn could have impacted Gulf Keystone Petroleum's share price.

    Share price volatility

    Over the last 12 months, Gulf Keystone Petroleum's shares have ranged in value from as little as 66.8363p up to 222.2603p. A popular way to gauge a stock's volatility is its "beta".

    GKP.LSE volatility(beta: 1.98)Avg. volatility(beta: 1.00)LowHigh

    Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Gulf Keystone Petroleum's is 1.9831. This would suggest that Gulf Keystone Petroleum's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

    To put Gulf Keystone Petroleum's beta into context you can compare it against those of similar companies.

    Win £500 to get your trading started

    Subscribe to trending stock alerts for a chance to win

    By submitting, you agree to the Finder Privacy and Cookies Policy and Terms of Use

    Frequently asked questions

    More guides on Finder

    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked
    Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

    By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

    Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
    Go to site