Canaccord Genuity maintains Gulf Keystone Petroleum's speculative buy rating at GBX 180 target, focusing on Kurdistan Region's Shaikan field.

Canaccord Genuity Group has reaffirmed its "Speculative Buy" rating for Gulf Keystone Petroleum (GKP) and set a price objective of GBX 180 ($2.29). GKP operates the Shaikan field in the Kurdistan Region of Iraq and focuses on oil and gas exploration, development, and production. Gulfport Energy, meanwhile, reached a new 52-week high of $129.47, with a market cap of $20.01 billion and a primary focus on natural gas, crude oil, and natural gas liquids exploration and production in the United States.

February 03, 2024
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