Genel Energy (GENL)

Sector:

Energy Producers

125.20p
   
  • Change Today:
      2.20p
  • 52 Week High: 192.00
  • 52 Week Low: 109.60
  • Currency: UK Pounds
  • Shares Issued: 278.30m
  • Volume: 136,216
  • Market Cap: £348.43m

Genel Energy's Sarta-2 well enters production

By Michele Maatouk

Date: Monday 08 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Genel Energy said on Monday that the Sarta-2 well, in which it has a 30% working interest, has entered production, with gross field production now in excess of 10,000 barrels of oil per day.
The oil company said it expects this figure to increase from the existing two producing wells, "as optimisation of facilities configuration continues post production start-up".

The high-impact 2021 appraisal drilling campaign is on track to begin at the start of the second quarter, Genel said, with the Sarta-5 and Sarta-6 wells set to be drilled back to back.

The well is located at the Sarta field, which is in the Kurdistan Region of Iraq.

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Genel Energy Market Data

Currency UK Pounds
Share Price 125.20p
Change Today 2.20p
% Change 1.79 %
52 Week High 192.00
52 Week Low 109.60
Volume 136,216
Shares Issued 278.30m
Market Cap £348.43m

Genel Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.98% above the market average98.98% above the market average98.98% above the market average98.98% above the market average98.98% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
78.29% below the market average78.29% below the market average78.29% below the market average78.29% below the market average78.29% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
100.00% above the market average100.00% above the market average100.00% above the market average100.00% above the market average100.00% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
35.84% below the market average35.84% below the market average35.84% below the market average35.84% below the market average35.84% below the market average
66.04% below the sector average66.04% below the sector average66.04% below the sector average66.04% below the sector average66.04% below the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 7
strong_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
  Interim Final
Ex-Div 11-Nov-21 13-May-21
Paid 10-Dec-21 14-Jun-21
Amount 6.00¢ 10.00¢

Trades for 24-Sep-2021

Time Volume / Share Price
16:35 24,040 @ 125.20p
16:29 56 @ 126.80p
16:29 443 @ 126.80p
16:29 944 @ 126.80p
16:29 656 @ 126.80p

Genel Energy Key Personnel

CEO Bill Higgs
Chair David McManus

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