Gulf Keystone Petroleum Ltd, an independent oil company, has been a significant player in the energy sector, particularly within the Kurdistan Region of Iraq. The company is primarily known for its operations at the Shaikan Field, which stands as one of the largest oil developments in the region. This strategic positioning underscores Gulf Keystone’s pivotal role in the oil and gas industry, contributing to the broader energy landscape.

As of December 21, 2025, Gulf Keystone Petroleum Ltd’s stock was trading at a close price of 171 GBX on the London Stock Exchange. This figure reflects the company’s market valuation amidst fluctuating market conditions. Over the past year, the stock has experienced notable volatility, with a 52-week high of 226.35 GBX recorded on September 30, 2025, and a 52-week low of 135.8 GBX on December 26, 2024. These fluctuations highlight the dynamic nature of the energy sector and the challenges faced by companies operating within it.

A critical financial metric for Gulf Keystone Petroleum Ltd is its Price Earnings (P/E) ratio, which stands at -989.68. This negative P/E ratio indicates that the company is currently not generating profits, a situation that can be attributed to various factors, including operational costs, market conditions, and strategic investments. The negative P/E ratio is a significant point of consideration for investors and stakeholders, as it reflects the company’s current financial health and future profitability prospects.

Gulf Keystone Petroleum Ltd’s operations at the Shaikan Field are central to its business model. The field’s development is a testament to the company’s commitment to expanding its footprint in the Kurdistan Region of Iraq. This focus on Shaikan underscores the strategic importance of the region for Gulf Keystone, given its potential for substantial oil production and revenue generation.

In summary, Gulf Keystone Petroleum Ltd remains a key entity in the oil and gas industry, with its operations at the Shaikan Field highlighting its strategic focus. Despite facing financial challenges, as evidenced by its negative P/E ratio, the company continues to navigate the complexities of the energy sector. Investors and stakeholders closely monitor its performance, particularly in light of the volatile market conditions and the potential for future growth in the Kurdistan Region of Iraq.