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London Stock Exchange · Energy

Invest in Gulf Keystone Petroleum stock from India

Indian and foreign residents can buy Gulf Keystone Petroleum (GKP) shares directly through Paasa.

By Paasa · Updated

Gulf Keystone Petroleum at a glance

Price
£2.02-£0.01 (0.25%)
Market cap
£438.15M
Day range
£1.98 – £2.04
P/E
16.74
Dividend yield
3.82%
Volume
601.61K
1 month
+5.61%
6 months
-4.05%
YTD
+13.84%
1 year
-8.82%
5 years
-1.71%

Live chart and statistics

Gulf Keystone Petroleum statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$168.3M$151.2M$123.5M$460.1M$301.4M
Gross profit$20.3M$20.5M$8.2M$299.5M$189.7M
Operating income$13.5M$4.7M−$13.0M$273.5M$174.6M
Net income$15.5M$7.2M−$11.5M$266.1M$164.6M
Earnings per share$0.07$0.03−$0.05$1.24$0.77
EBITDA$96.3M$88.3M$32.4M$355.2M$230.2M
Total assets$646.3M$667.7M$697.1M$744.4M$764.3M
Total debt$1.4M$1.5M$398.0K$710.0K$100.3M
Cash and short-term investments$78.3M$102.3M$81.7M$119.5M$169.9M
Shareholders' equity$479.2M$512.3M$547.2M$572.9M$521.7M
Operating cash flow$64.4M$93.5M$51.3M$374.3M$178.5M
Free cash flow$30.4M$65.9M−$14.1M$266.9M$122.8M
Capital expenditure−$34.0M−$27.6M−$65.4M−$107.4M−$55.7M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Kosmos EnergyKOS.L£2.02£98.02B
Thungela ResourcesTGA.L£5.32£67.45B
Rockhopper ExplorationRKH.L£0.66£56.68B
Diversified EnergyDEC.L£10.46£49.37B
EnQuestENQ.L£0.26£48.48B
VAALCO EnergyEGY.L£4.50£46.92B
Ashtead TechnologyAT.L£5.23£42.05B
PetroTalPTAL.L£0.30£27.61B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Gulf Keystone Petroleum from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search GKP and buy

    Find Gulf Keystone Petroleum by name or by its ticker, GKP, and place your order.

Why invest in Gulf Keystone Petroleum from India

What Gulf Keystone Petroleum does

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company holds an 80% interest in the Shaikan Field covering an area of approximately 280 square kilometers located in north-west of Erbil. Gulf Keystone Petroleum operates in the Oil & Gas Exploration & Production industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Gulf Keystone Petroleum stock from India?

Yes. Indian residents and NRIs can buy Gulf Keystone Petroleum (GKP) shares directly through Paasa. Gulf Keystone Petroleum is listed on the London Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Gulf Keystone Petroleum dividends taxed for Indian investors?

Gulf Keystone Petroleum trades on the London Stock Exchange but is domiciled in Bermuda, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Gulf Keystone Petroleum shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Is there stamp duty when I buy Gulf Keystone Petroleum shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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