GENL.L - Genel Energy plc

LSE - LSE Delayed Price. Currency in GBp
226.50
-3.00 (-1.31%)
At close: 4:35PM BST
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Previous Close229.50
Open226.00
Bid0.00 x 343500
Ask255.00 x 340000
Day's Range224.50 - 233.50
52 Week Range88.50 - 302.00
Volume544,480
Avg. Volume881,816
Market Cap631.994M
Beta (3Y Monthly)2.58
PE Ratio (TTM)2.07
EPS (TTM)109.20
Earnings DateJul 30, 2018 - Aug 3, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.61
  • Reuters11 days ago

    Oil producer Genel Energy sees 2018 output above target

    Genel, which has been operating in the Kurdistan Region of Iraq for over a decade, has benefited from strong output at the Peshkabir oilfield operated by Norwegian oil firm DNO ASA (DNO.OL) and 25 percent owned by Genel. DNO said earlier this week that production at Peshkabir had ramped up to 50,000 bopd, meeting the year-end target ahead of schedule and below budget. Genel, looking to wipe out its net debt by year-end, also said it became net cash positive with a cash pile of $281 million (213.6 million pounds) and net debt reduced to $16 million as of Sept. 30.

  • Reuters11 days ago

    UK Stocks-Factors to watch on Oct 10

    (Adds company news items and futures) Oct 10 (Reuters) - Britain's FTSE 100 index is seen opening 12 points lower at 7,226 with FTSE 100 futures down 0.08 percent ahead of the cash market open on Wednesday, ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of GENL.L earnings conference call or presentation 7-Aug-18 8:30am GMT

    Half Year 2018 Genel Energy PLC Earnings Presentation

  • Does Genel Energy plc (LON:GENL) Go Up With The Market?
    Simply Wall St.2 months ago

    Does Genel Energy plc (LON:GENL) Go Up With The Market?

    For Genel Energy plc’s (LON:GENL) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. GENL is exposedRead More...

  • Reuters2 months ago

    Genel Energy expects significant 2019 output boost

    Iraqi Kurdistan-focused Genel Energy (GENL.L) is likely to significantly increase its oil production guidance next year, Chief Financial Officer Esa Ikaheimonen said on Tuesday. London-listed Genel reaffirmed its 2018 production guidance of 32,800 barrels of oil per day in its half-year results on Tuesday. Genel's shares were up nearly 6 percent by 0738 GMT after gaining more than 150 percent since the start of the year due to higher oil prices and a stronger production outlook.

  • Rigzone.com2 months ago

    Genel Energy Sees Significant Output Boost in 2019

    Iraqi Kurdistan-focused Genel Energy is likely to significantly increase its oil production guidance next year, Chief Financial Officer Esa Ikaheimonen said.

  • How Financially Strong Is Genel Energy plc (LON:GENL)?
    Simply Wall St.4 months ago

    How Financially Strong Is Genel Energy plc (LON:GENL)?

    Genel Energy plc (LON:GENL) is a small-cap stock with a market capitalization of UK£700.33m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...

  • Reuters7 months ago

    Genel might starting drilling in Somaliland in 2019 - CEO

    LONDON (Reuters) - Kurdistan-focused Genel Energy (GENL.L) might start drilling in Somaliland next year, Chief Executive Murat Ozgul said on Thursday, as the group reported 2017 results broadly in line ...

  • Reuters9 months ago

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

    The decline in production is due to a continuing slide in output from the Taq Taq field, once considered Genel's flagship field, after the well hit water in 2016. Genel's operations in the northern Iraqi region were, however, largely unaffected following the Kurdistan Regional Government's (KRG) independence referendum late last year that led to a military confrontation with Baghdad as well as sanctions from neighbouring countries, its Chief Financial Officer Esa Ikaheimonen told Reuters. Although the unrest slowed Genel's efforts to find a partner to develop the Miran and Bina Bawe gas fields, Genel is increasingly betting on their development after a recent survey showed a 40 percent increase in gas resources to 14.7 trillion cubic feet.

  • Iraq's Kurdish Gas Project Gets Boost Amid Political Tumult
    Bloomberg9 months ago

    Iraq's Kurdish Gas Project Gets Boost Amid Political Tumult

    Plans to export natural gas from Iraqi Kurdistan got a boost after reserves were upgraded at two key fields. Yet successful development still hinges on the region’s turbulent politics.

  • Rigzone.com10 months ago

    Genel, DNO Confirm KRG Payments

    Genel Energy plc and DNO ASA receive payment from the Kurdistan Regional Government (KRG) for oil sales during September.

  • Reuters10 months ago

    Genel Energy seeks to cut bond debt to $300 million

    The company proposed refinancing some of its bonds through a partial early redemption and reducing its debt by replacing the existing bond agreement with a new $300 million deal. Genel, one of a handful of foreign oil companies in Iraqi Kurdistan, is also looking to extend maturity through amending and restating terms to a new 5 year bond with a coupon of 10 percent per annum. The company said a bondholders meeting will be held on Dec. 20 and that bondholders holding a significant proportion of the bonds have confirmed they will vote in favour of the proposal.

  • Rigzone.com11 months ago

    Britain's Genel Energy Seeks To Cut Bond Debt To $300 Mln

    Iraqi Kurdistan-focused oil producer Genel Energy plc is seeking to reduce its bond debt to $300 million from the currently outstanding $421.8 million.

  • Reuters11 months ago

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

    Genel said the well, which was drilled to a measured depth of 3,100 metres, encountered good quality oil bearing Cretaceous Shiranish and Kometan reservoirs. "Combined with the testing results, management is optimistic for the potential of the northern flank of the Taq Taq field," said Genel, one of a handful of foreign oil firms in Iraqi Kurdistan. The Taq Taq field currently has gross production of 15,100 barrels per day of oil.

  • Rigzone.com11 months ago

    Britain's Genel Finds Oil Bearing Reservoirs In North End Of Taq Taq Field

    Genel Energy Plc says one of its wells, drilled to appraise the northern end of its Taq Taq oilfield in Kurdistan region of Iraq, encountered oil bearing reservoirs.