UK 18:43 Friday, 18 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I recently wrote about Gulf Keystone (GKP) and the potential upside if and when oil exports from Kurdistan resume and depending on what deal is reached between the Kurdistan and Iraqi governments with regards to the international oil companies operating in the autonomous region.
Geo-political risk is a factor that people often overlook when investing in shares, but always has the potential to throw a big curve ball into the mix, and that has definitely been the case this weekend for anyone holding shares in the international oil companies operating in Kurdistan.
Looking at the share prices of the two London listed Kurdistan oil producers, Genel Energy (GENL) and Gulf Keystone Petroleum (GKP), they seem totally disconnected with what the companies have achieved operationally.
As long as you are prepared to accept a degree of geo-political risk, then I find it very hard not to like Genel Energy (GENL) at the current share price.
Genel Energy (GENL) has been one of a number of mid-tier oil and gas companies which really took a hit during the slump in oil prices over the past few years, and had seen its share price decimated as a result.
Geo-political instability can make investments far more risky, but alongside that you will often find the potential for large returns with companies which look undervalued based upon their fundamentals.
Featuring shares of Fitbug (FITB), Genel Energy (GENL), Kellan Group (KLN), MTI Wireless Edge (MWE), Nostra Terra Oil & Gas (NTOG), Rose Petroleum (ROSE), Vast Resources (VAST), together with some share price targets.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Drax (DRX), Genel Energy (GENL), Minds & Machines (MMX)
