Genel Energy plc (GEGYY)
Genel Energy plc operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in London, GL, GB. The stock last traded at $0.87, up 0.00% on the session, giving a market capitalisation of $239.7M. On trailing twelve-month figures it carries a trailing P/E of -8.40, a net margin of -57.8%. Its beta of 0.57 implies it has historically moved less than the broad market.
Genel Energy plc, including its various subsidiaries, functions as a standalone entity specializing in the exploration and extraction of oil and natural gas. Its operations are divided into two primary categories: Production and Pre-production. The Production segment holds substantial working interests in Iraq's Kurdistan Region (KRI), including a 25% share in the Tawke PSC, a 44% share in the Taq Taq PSC, and a 30% share in the Sarta PSC. The Pre-production segment oversees future development opportunities, encompassing a 40% working interest in the Qara Dagh PSC in the KRI, a 50% interest in Odewayne and a 51% interest in SL10B13 in Somaliland, and a 75% interest in Lagzira, Morocco. As of December 31, 2021, the company declared 63 million barrels (MMbbls) of proven net working interest reserves, with total proven plus probable net working interest reserves reaching 104 MMbbls. Genel Energy plc's corporate headquarters are situated in London, United Kingdom.
Genel Energy plc is most often compared with the following Energy names: