Gulf Keystone Petroleum (LON:GKP) Sets New 1-Year High – What’s Next?

Posted by Donna Armstrong on Mar 21st, 2026

Gulf Keystone Petroleum Limited (LON:GKP – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 230.50 and last traded at GBX 230.50, with a volume of 10396141 shares traded. The stock had previously closed at GBX 214.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price target on shares of Gulf Keystone Petroleum from GBX 240 to GBX 280 and gave the company a “speculative buy” rating in a research report on Friday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 272.

View Our Latest Stock Analysis on GKP

Gulf Keystone Petroleum Stock Down 3.9%

The company has a market capitalization of £484.67 million, a P/E ratio of -586.84, a price-to-earnings-growth ratio of 0.06 and a beta of 0.18. The company has a 50-day moving average of GBX 193.34 and a two-hundred day moving average of GBX 185.91. The company has a quick ratio of 2.18, a current ratio of 1.64 and a debt-to-equity ratio of 0.28.

About Gulf Keystone Petroleum

(Get Free Report)

Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services. The company was incorporated in 2001 and is based in Hamilton, Bermuda.