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Genel Energy PLC

GENL.L

Latest Trade

195.62GBp

Change

-5.38(-2.68%)

Volume

240,909

Today's Range

195.40

 - 

201.00

52 Week Range

151.20

 - 

261.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
201.00
Open
200.50
Volume
240,909
3M AVG Volume
15.02
Today's High
201.00
Today's Low
195.40
52 Week High
261.00
52 Week Low
151.20
Shares Out (MIL)
279.24
Market Cap (MIL)
560.21
Forward P/E
4.67
Dividend (Yield %)
--

Next Event

Dividend For GENL.L - 5.0000 USX

Latest Developments

More

Genel Energy Says Production Grew 17% In H1 2019

Genel to start share buy-back of up to $10 mln

Genel Energy Says Taq Taq Entered Production At Initial Rate Of 2,000 Bopd With A 24/64" Choke

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About Genel Energy PLC

Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company's segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Its fields have an estimated gross proven and probable (2P) reserves of approximately 800 million barrels of oil, and gross proven, probable and possible reserves of approximately 1.2 billion barrels of oil. Its Taq Taq license area is located approximately 60 kilometers northeast of the Kirkuk oil field and the adjacent city of Kirkuk, over 85 kilometers southeast of the city of Erbil and over 120 kilometers northwest of the city of Sulaimaniah. The gross area of the Taq Taq license area is approximately 950 square kilometers. Its Bina Bawi field is located approximately 300 kilometers from Turkey.

Industry

Oil & Gas Operations

Contact Info

Fifth Fl, 36 Broadway

+44.20.76595100

http://www.genelenergy.com/

Executive Leadership

Stephen James Whyte

Non-Executive Independent Chairman of the Board

William Higgs

Chief Executive Officer, Director

Esa Ikaheimonen

Chief Financial Officer, Director

Stephen F. Mitchell

General Counsel

Pars Kutay

Head - Government and Public Affairs

Key Stats

1.80 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.2K

2017

0.2K

2018

0.4K

2019(E)

0.3K
EPS (USD)

2016

-0.090

2017

1.180

2018

0.500

2019(E)

0.537
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.97
Price To Book (MRQ)
0.53
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
22.33
LT Debt To Equity (MRQ)
22.33
Return on Investment (TTM)
-14.88
Return on Equity (TTM)
-14.41

Latest News

BRIEF-Genel to start share buy-back of up to $10 mln

* REG-GENEL ENERGY PLC GENEL ENERGY PLC: COMMENCEMENT OF SHARE BUY-BACK

Genel Energy names oil veteran and insider Bill Higgs as CEO

Genel Energy Plc named oil veteran and Chief Operating Officer Bill Higgs as its top executive, the oil and gas exploration and production company said on Monday.

UPDATE 1-Genel Energy names oil veteran and insider Bill Higgs as CEO

Genel Energy Plc named oil veteran and Chief Operating Officer Bill Higgs as its top executive, the oil and gas exploration and production company said on Monday.

CORRECTED-UPDATE 2-Genel posts 2018 loss after $424 mln writedown of Miran field

Iraqi Kurdistan-focused oil producer Genel Energy Plc posted a $424 million writedown on its Miran oil and gas field on Wednesday, pushing it into a full-year loss, and said it was now focusing on developing its Bina Bawi field.

Genel Energy posts full-year operating loss

Iraqi Kurdistan-focused oil producer Genel Energy Plc posted a full-year operating loss of $254.6 million because of write-downs of about $424 million for its Miran PSC field assets.

UPDATE 1-Genel Energy reports 40 pct replacement of proved reserves at Taq Taq field

Iraqi Kurdistan-focused Genel Energy reported on Wednesday a 40 percent replacement of proved reserves (1P reserves) at its Taq Taq field, once considered the company's flagship field.

Genel Energy reports 40 pct replacement of proved reserves at Taq Taq field

Iraqi Kurdistan-focused Genel Energy reported on Wednesday a 40 percent replacement of proved reserves at its Taq Taq field, once considered the company's flagship field.

Genel Energy's production slides, focus shifts to gas fields

Iraqi Kurdistan-focussed Genel Energy <GENL.L> expects oil and gas production to fall for a third year in 2018, it said on Thursday, as it shifts its focus to two new gas fields.

CORRECTED-UK's Genel Energy says FY production to fall 34 pct

Iraqi Kurdistan-focused oil company Genel Energy Plc said on Thursday its full-year net production would fall about 34 percent, as output at its main Taq Taq oilfield dropped.

BRIEF-DNO and Genel receive $53.71 mln Kurdish payment for Oct 2017

* TODAY REPORTED RECEIPT OF USD 53.71 MILLION FROM KURDISTAN REGIONAL GOVERNMENT AS PAYMENT FOR OCTOBER 2017 CRUDE OIL DELIVERIES

Genel Energy bondholders approve debt reduction plan

Genel Energy Plc's bondholders have approved its proposal to reduce its bond debt to $300 million from the currently outstanding $421.8 million, the Iraqi Kurdistan-focused oil producer said on Wednesday.

BRIEF-DNO receives September, October payments from Iraqi Kurdistan

* TODAY REPORTED RECEIPT OF USD 54.32 MILLION FROM KURDISTAN REGIONAL GOVERNMENT AS PAYMENT FOR SEPTEMBER 2017 CRUDE OIL DELIVERIES

Genel Energy seeks to cut bond debt to $300 million

Iraqi Kurdistan-focused oil producer Genel Energy plc said on Wednesday it is seeking to reduce its bond debt to $300 million (223.4 million pounds) from the currently outstanding $421.8 million.

Britain's Genel finds oil bearing reservoirs in north end of Taq Taq field

Genel Energy Plc <GENL.L> said on Monday that one of its wells, drilled to appraise the northern end of its Taq Taq oilfield in Kurdistan region of Iraq, encountered oil bearing reservoirs.

BRIEF-Genel receives $6.41 mln KRG payment

* has received an override payment of $6.41 million from kurdistan regional government

Genel confident on Iraqi Kurdistan oil payments despite tensions

Genel Energy <GENL.L> said it was confident the semi-autonomous Kurdistan Regional Government (KRG) in Iraq will continue meeting oil export payments despite tensions with the central government following the region's independence referendum last month.

Genel Q3 cashflow up after new KRG oil export deal

Genel Energy, one of a handful of foreign oil producers in Iraqi Kurdistan, managed to increase cashflow in the third quarter after renegotiating export payments with the Kurdistan Regional Government (KRG).

BRIEF-DNO reports first payment under Kurdistan receivables settlement

* Reports first payment under Kurdistan receivables settlement

BRIEF-DNO, Genel receive July payment for Tawke deliveries

* Reported receipt of $39.50 million from Kurdistan regional government as payment towards July 2017 crude oil deliveries to export market from Tawke license

CORRECTED-BRIEF-DNO receives $34.75 million from KRG, to be shared with Genel

* Reported receipt of usd 34.75 million from kurdistan regional government as payment towards june 2017 crude oil deliveries to the export market from the Tawke license

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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