Gulf Keystone Petroleum Ltd
Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company holds an 80% interest in the Shaikan Field covering an area of approximately 280 square kilometers located in north-west of Erbil. The company was incorporated in 2001 and is based in Pembroke, Bermuda.
Gulf Keystone Petroleum Ltd (GUKYF) - Net Assets
Latest net assets as of June 2025: $480.48 Million USD
Based on the latest financial reports, Gulf Keystone Petroleum Ltd (GUKYF) has net assets worth $480.48 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($630.17 Million) and total liabilities ($149.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $480.48 Million |
| % of Total Assets | 76.25% |
| Annual Growth Rate | 17.01% |
| 5-Year Change | 12.84% |
| 10-Year Change | 108.56% |
| Growth Volatility | 123.2 |
Gulf Keystone Petroleum Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Gulf Keystone Petroleum Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gulf Keystone Petroleum Ltd (2003–2024)
The table below shows the annual net assets of Gulf Keystone Petroleum Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $512.33 Million | -6.38% |
| 2023-12-31 | $547.24 Million | -4.48% |
| 2022-12-31 | $572.92 Million | +9.82% |
| 2021-12-31 | $521.70 Million | +14.91% |
| 2020-12-31 | $454.02 Million | -12.67% |
| 2019-12-31 | $519.92 Million | -5.95% |
| 2018-12-31 | $552.82 Million | +17.15% |
| 2017-12-31 | $471.89 Million | +3.99% |
| 2016-12-31 | $453.77 Million | +84.72% |
| 2015-12-31 | $245.65 Million | -27.67% |
| 2014-12-31 | $339.61 Million | -39.61% |
| 2013-12-31 | $562.37 Million | -2.65% |
| 2012-12-31 | $577.69 Million | -4.68% |
| 2011-12-31 | $606.07 Million | +41.99% |
| 2010-12-31 | $426.84 Million | +517.76% |
| 2009-12-31 | $69.09 Million | -43.55% |
| 2008-12-31 | $122.40 Million | -8.65% |
| 2007-12-31 | $133.99 Million | -17.97% |
| 2006-12-31 | $163.35 Million | +81.37% |
| 2005-12-31 | $90.07 Million | +33.44% |
| 2004-12-31 | $67.50 Million | +256.81% |
| 2003-12-31 | $18.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gulf Keystone Petroleum Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 15862937500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $217.00 Million | 42.36% |
| Other Comprehensive Income | $-4.28 Million | -0.84% |
| Other Components | $463.81 Million | 90.53% |
| Total Equity | $512.33 Million | 100.00% |
Gulf Keystone Petroleum Ltd Competitors by Market Cap
The table below lists competitors of Gulf Keystone Petroleum Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Kingland Pipeline and Technologies Co Ltd
SHE:002443
|
$481.43 Million |
|
Fujian Apex Software Co Ltd
SHG:603383
|
$481.43 Million |
|
Revenio Group Corporation
HE:REG1V
|
$481.80 Million |
|
Anterix Inc
NASDAQ:ATEX
|
$481.87 Million |
|
Changbai Mountain Tourism Co Ltd
SHG:603099
|
$481.31 Million |
|
Flushing Financial Corporation
NASDAQ:FFIC
|
$481.27 Million |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
$481.19 Million |
|
Poly Medicure Limited
NSE:POLYMED
|
$481.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gulf Keystone Petroleum Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 547,237,000 to 512,330,000, a change of -34,907,000 (-6.4%).
- Net income of 7,158,000 contributed positively to equity growth.
- Dividend payments of 34,933,000 reduced retained earnings.
- Share repurchases of 10,087,000 reduced equity.
- Other comprehensive income decreased equity by 516,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.16 Million | +1.4% |
| Dividends Paid | $34.93 Million | -6.82% |
| Share Repurchases | $10.09 Million | -1.97% |
| Other Comprehensive Income | $-517.00K | -0.1% |
| Other Changes | $3.47 Million | +0.68% |
| Total Change | $- | -6.38% |
Book Value vs Market Value Analysis
This analysis compares Gulf Keystone Petroleum Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.28x to 1.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $9.01 | $2.52 | x |
| 2004-12-31 | $20.95 | $2.52 | x |
| 2005-12-31 | $15.22 | $2.52 | x |
| 2006-12-31 | $25.32 | $2.52 | x |
| 2007-12-31 | $20.74 | $2.52 | x |
| 2008-12-31 | $16.54 | $2.52 | x |
| 2009-12-31 | $7.01 | $2.52 | x |
| 2010-12-31 | $29.40 | $2.52 | x |
| 2011-12-31 | $33.37 | $2.52 | x |
| 2012-12-31 | $29.09 | $2.52 | x |
| 2013-12-31 | $27.86 | $2.52 | x |
| 2014-12-31 | $16.73 | $2.52 | x |
| 2015-12-31 | $10.93 | $2.52 | x |
| 2016-12-31 | $8.02 | $2.52 | x |
| 2017-12-31 | $2.04 | $2.52 | x |
| 2018-12-31 | $2.34 | $2.52 | x |
| 2019-12-31 | $2.19 | $2.52 | x |
| 2020-12-31 | $2.15 | $2.52 | x |
| 2021-12-31 | $2.32 | $2.52 | x |
| 2022-12-31 | $2.55 | $2.52 | x |
| 2023-12-31 | $2.51 | $2.52 | x |
| 2024-12-31 | $2.24 | $2.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gulf Keystone Petroleum Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.73%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.30x
- Recent ROE (1.40%) is above the historical average (-16.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -20.20% | 0.00% | 0.00x | 1.60x | $-5.71 Million |
| 2004 | -1.82% | 0.00% | 0.00x | 1.03x | $-7.98 Million |
| 2005 | -45.28% | 0.00% | 0.00x | 1.12x | $-49.79 Million |
| 2006 | 28.35% | 0.00% | 0.00x | 1.08x | $29.97 Million |
| 2007 | -22.31% | -552.08% | 0.03x | 1.28x | $-43.29 Million |
| 2008 | -48.23% | -5910.50% | 0.01x | 1.30x | $-71.28 Million |
| 2009 | -139.38% | 0.00% | 0.00x | 1.70x | $-103.21 Million |
| 2010 | -6.09% | -3217.23% | 0.00x | 1.11x | $-68.68 Million |
| 2011 | -10.29% | -929.56% | 0.01x | 1.11x | $-122.96 Million |
| 2012 | -14.16% | -247.79% | 0.04x | 1.60x | $-139.59 Million |
| 2013 | -5.68% | -477.37% | 0.01x | 1.74x | $-88.20 Million |
| 2014 | -73.09% | -643.68% | 0.04x | 2.96x | $-282.16 Million |
| 2015 | -87.10% | -248.32% | 0.09x | 3.89x | $-238.53 Million |
| 2016 | -3.84% | -8.97% | 0.30x | 1.41x | $-62.81 Million |
| 2017 | 2.99% | 8.20% | 0.26x | 1.39x | $-33.06 Million |
| 2018 | 14.45% | 31.88% | 0.33x | 1.37x | $24.61 Million |
| 2019 | 8.37% | 21.05% | 0.28x | 1.41x | $-8.46 Million |
| 2020 | -10.43% | -43.65% | 0.16x | 1.45x | $-92.74 Million |
| 2021 | 31.55% | 54.61% | 0.39x | 1.46x | $112.43 Million |
| 2022 | 46.44% | 57.83% | 0.62x | 1.30x | $208.80 Million |
| 2023 | -2.10% | -9.31% | 0.18x | 1.27x | $-66.22 Million |
| 2024 | 1.40% | 4.73% | 0.23x | 1.30x | $-44.08 Million |
Industry Comparison
This section compares Gulf Keystone Petroleum Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gulf Keystone Petroleum Ltd (GUKYF) | $480.48 Million | -20.20% | 0.31x | $481.40 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |