Gulf Keystone Petroleum Ltd Revenue Declines To $95.6 Million In H1FY19

  • Sep 10, 2019 BST
  • Team Kalkine

Gulf Keystone Petroleum Ltd (LSE: GKP), for the half-year ended 30 June 2019 has reported a decline in revenue to $95.6 million as compared to $116.2 million in H1 2018. EBITDA of the company too came in lower at $59.0 million as compared to $61.6 million in H1 2018. Profit after tax for the period was recorded at $24.2 million as compared to $26.7 million of H1 2018. On the operational front, reflecting the positive results from the workover campaign and facilities debottlenecking at PF-1, an average production during August was reported at 39,269 bopd.

On 10th September 2019, at the time of writing, GMT 11:19 AM, GKP shares were trading at GBX 234.00, down by 9.00 points or 3.70% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK