Get Live Data

PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

  2. Share Prices
  3. Genel Energy Share Price
  4. Genel Energy Share News
  5. Genel Receives USD8.5 Million Payment For Kurdistan Oil Sales In May

Pin to quick picksGenel Energy Share News (GENL)

Genel Energy Information

Share Price Information for Genel Energy (GENL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 93.90
Bid: 93.60
Ask: 94.00
Change: -0.10 (-0.11%)
Spread: 0.40 (0.427%)
Open: 95.00
High: 95.00
Low: 93.50
Prev. Close: 94.00
GENL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Genel Receives USD8.5 Million Payment For Kurdistan Oil Sales In May

Fri, 19th Jun 2020 11:45

(Alliance News) - Genel Energy PLC on Friday said it has received USD8.5 million in payments from the Kurdistan regional government for oil sales during May.

The London-headquartered oil production company said that the regional government paid Taq Taq partners a total of USD3.4 million, with Genel's net share amounting to USD1.9 million.

It added that the Tawke field partners have received a gross payment of USD26.8 million with Genel's share being USD6.6 million.

Genel stock was trading 0.5% lower at 123.00 pence each on Friday morning in London and is down 35% since the start of the year.

By Ife Taiwo; ifetaiwo@alliancenews.com.

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
16 Feb 2022 09:31

LONDON BROKER RATINGS: Goldman ups Glencore price target, cuts Pearson

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
10 Feb 2022 10:08

Genel Energy updates on progress at Tawke

(Sharecast News) - Genel Energy updated the market on licence activity at the Tawke production sharing contract on Thursday, where it has a 25% working interest with operator DNO.

Read more
7 Feb 2022 09:46

Canaccord waiting for clarity from Genel Energy on 'next steps'

(Sharecast News) - Analysts at Cannacord Genuity trimmed their target price for shares of Genel Energy ahead of what they termed an important two years as the oil explorer "refines or defines" its rationale.

Read more
18 Jan 2022 07:29

Genel cash flow strong after oil price rebound

(Sharecast News) - Genel Energy reported 2021 cash proceeds of $281m from the Kurdistan Regional Government in a trading update on Tuesday, up from $173m in 2020.

Read more
11 Jan 2022 21:26

IN BRIEF: Genel Energy CFO Esa Ikaheimonen to leave in March

IN BRIEF: Genel Energy CFO Esa Ikaheimonen to leave in March

Read more
11 Jan 2022 14:50

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
4 Jan 2022 07:51

Genel suspends drilling at Qara Dagh well

(Sharecast News) - Genel Energy has suspended drilling operations at the QD-2 well of the Qara Dagh oil project in the Iraqi Kurdistan, due to "insurmountable technical problems", the company said on Tuesday.

Read more
20 Dec 2021 10:34

Genel Energy signs farm out agreement over Somaliland oil block

Genel Energy signs farm out agreement over Somaliland oil block

Read more
10 Dec 2021 10:59

SMALL-CAP WINNERS & LOSERS: Photo-Me rises on upbeat profit guidance

SMALL-CAP WINNERS & LOSERS: Photo-Me rises on upbeat profit guidance

Read more
10 Dec 2021 09:45

LONDON BROKER RATINGS: JPMorgan raises Tullow Oil and Petrofac

LONDON BROKER RATINGS: JPMorgan raises Tullow Oil and Petrofac

Read more
10 Dec 2021 08:23

Genel Energy to file for compensation after Kurdistan Regional Government terminates PSCs

(Sharecast News) - Oil producer Genel Energy issued an update on the Bina Bawi and Miran production sharing contracts on Friday, stating it would file for compensation after receiving formal notices purporting to terminate the contracts from the Kurdistan Regional Government.

Read more
3 Dec 2021 16:06

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
9 Nov 2021 15:47

Director dealings: Genel Energy CEO makes share sale

(Sharecast News) - Genel Energy revealed on Tuesday that chief executive Bill Higgs had disposed of 240,061 ordinary shares in the London-listed exploration and production firm.

Read more
4 Nov 2021 16:04

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
4 Nov 2021 14:24

IN BRIEF: Genel Energy expects average 2021 output below 2020 levels

IN BRIEF: Genel Energy expects average 2021 output below 2020 levels

Read more
34567891011

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.