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Gulf Keystone Resumes Shaikan Field Exports

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Gulf Keystone Resumes Shaikan Field Exports

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The latest update is out from Gulf Keystone Petroleum ( (GB:GKP) ).

Gulf Keystone Petroleum Ltd. announced the restart of crude exports from the Shaikan Field via the Iraq-Türkiye Pipeline, with expectations to reach full capacity soon. This development is significant for the company’s operations as it aligns with their 2025 production guidance and enhances their market positioning in the region.

The most recent analyst rating on (GB:GKP) stock is a Buy with a £199.00 price target. To see the full list of analyst forecasts on Gulf Keystone Petroleum stock, see the GB:GKP Stock Forecast page.

Spark’s Take on GB:GKP Stock

According to Spark, TipRanks’ AI Analyst, GB:GKP is a Outperform.

Gulf Keystone Petroleum’s overall score reflects strong financial stability and positive technical indicators, tempered by high valuation concerns and geopolitical risks. The company’s ability to manage operational disruptions and improve profitability will be key to future performance.

To see Spark’s full report on GB:GKP stock, click here.

More about Gulf Keystone Petroleum

Gulf Keystone Petroleum Ltd. is a leading independent operator and producer in the Kurdistan Region of Iraq, focusing on oil and gas exploration and production.

Average Trading Volume: 842,666

Technical Sentiment Signal: Buy

Current Market Cap: £475.2M

Learn more about GKP stock on TipRanks’ Stock Analysis page.

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