Genel Energy (GENL)

Sector:

Energy Producers

94.20p
   
  • Change Today:
      2.10p
  • 52 Week High: 118.20
  • 52 Week Low: 64.90
  • Currency: UK Pounds
  • Shares Issued: 279.40m
  • Volume: 388,622
  • Market Cap: £263.20m

Genel Energy shares Kurdistan payout at Tawke field

By Josh White

Date: Monday 08 Aug 2016

LONDON (ShareCast) - (ShareCast News) - Genel Energy noted an announcement from DNO ASA on Monday, which said - as operator of the Tawke field - that the Tawke field partners have received a payment of $30m from the Kurdistan Regional Government for oil sales during June 2016.
The company said the payment reflects part settlement of the invoiced amount of $38.41m for June 2016 Tawke oil sales.

"This figure incorporates $32.21m towards contractor monthly entitlement and $6.19m towards recovery of historical receivables," Genel's board said in a statement.

"The payments will be shared pro-rata by DNO and Genel," it confirmed.

Reported production at Tawke in June averaged 114,384 barrels of oil per day, of which 113,601 bopd were earmarked for export.

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Genel Energy Market Data

Currency UK Pounds
Share Price 94.20p
Change Today 2.10p
% Change 2.28 %
52 Week High 118.20
52 Week Low 64.90
Volume 388,622
Shares Issued 279.40m
Market Cap £263.20m

Genel Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.59% above the market average36.59% above the market average36.59% above the market average36.59% above the market average36.59% above the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Price Trend
12.89% below the market average12.89% below the market average12.89% below the market average12.89% below the market average12.89% below the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Income
13.89% above the market average13.89% above the market average13.89% above the market average13.89% above the market average13.89% above the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average
Growth
21.71% below the market average21.71% below the market average21.71% below the market average21.71% below the market average21.71% below the market average
80.39% below the sector average80.39% below the sector average80.39% below the sector average80.39% below the sector average80.39% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 1
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Genel Energy Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Apr-23 15-Sep-22
Paid 19-May-23 14-Oct-22
Amount 12.00¢ 6.00¢

Trades for 07-Jun-2024

Time Volume / Share Price
16:37 20,000 @ 94.20p
16:35 56,564 @ 94.20p
16:35 586 @ 94.20p
16:35 970 @ 94.20p
16:35 392 @ 94.20p

Genel Energy Key Personnel

Chair David McManus
CEO Paul Weir

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