Gulf Keystone Petroleum (OTCMKTS:GUKYF) Stock Falls 3.8% – Here’s Why

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF – Get Free Report)’s stock price fell 3.8% during trading on Friday. The stock traded as low as $2.50 and last traded at $2.50. Approximately 2,501 shares were traded during trading, a decline of 71% from the average session volume of 8,695 shares. The stock had previously closed at $2.60.

Gulf Keystone Petroleum Stock Down 3.8%

The business has a fifty day moving average price of $2.51 and a 200 day moving average price of $2.54.

Gulf Keystone Petroleum Company Profile

(Get Free Report)

Gulf Keystone Petroleum Limited is an independent oil and gas exploration and production company focused on the Kurdistan Region of Iraq. The company’s principal asset is the Shaikan oil field, one of the region’s significant onshore petroleum developments.

Gulf Keystone serves the regional energy market by developing, producing and selling crude oil from the Shaikan field. Its activities include field operations, production infrastructure, transportation and ongoing development designed to support long-term output.

Founded in 2001, Gulf Keystone entered the Kurdistan Region in the mid-2000s and began production from Shaikan in the early 2010s.

See Also

Receive News & Ratings for Gulf Keystone Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gulf Keystone Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.