Gulf Keystone PetroleumOSL:GKP +0.22%62 Gross Margin % is 34.56% as of Dec. 2025, which is 31% above its 10-year median of 26.43. GuruFocus rates OSL:GKP with a GF Score™ of 62/100 and a GF Value™ of kr21.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 872 Oil & Gas companies, Gulf Keystone Petroleum ranks worse than 60.21% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Gulf Keystone Petroleum had a gross margin of 34.56% for the quarter that ended in Dec. 2025 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Gulf Keystone Petroleum Gross Margin % Related Terms
Gulf Keystone Petroleum Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
OSL:GKP vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Gulf Keystone Petroleum's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gulf Keystone Petroleum Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gulf Keystone Petroleum's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Gulf Keystone Petroleum's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Gulf Keystone Petroleum (OSL:GKP) has a Gross Margin % of 34.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Gulf Keystone Petroleum and its competitors. This is 31% above median its historical median of 26.43. According to the industry distribution chart, Gulf Keystone Petroleum ranks #525 out of 872 companies in the Oil & Gas industry, placing it in the top 60.2%.
Is Gulf Keystone Petroleum's Gross Margin % too high?
Gulf Keystone Petroleum's current Gross Margin % of 34.56% is 31% above median its 10-year median of 26.43. The Oil & Gas industry median Gross Margin % is 25.62. Gulf Keystone Petroleum's value of 34.56% is 34.9% above this industry median. Based on the distribution chart, Gulf Keystone Petroleum ranks #525 out of 872 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gulf Keystone Petroleum has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gulf Keystone Petroleum's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Gulf Keystone Petroleum ranks #525 out of 872 companies for Gross Margin %. This places Gulf Keystone Petroleum in the lower half of its industry. The industry median Gross Margin % is 25.62. Gulf Keystone Petroleum's value of 34.56% is 34.9% above this benchmark. While the company's 10-year median is 26.43 vs. the industry median of 25.62, Gulf Keystone Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulf Keystone Petroleum's current Gross Margin % of 34.56% is 34.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Gulf Keystone Petroleum and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Keystone Petroleum's current Gross Margin % is 34.56%, which is 31% above median its own 10-year median of 26.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Keystone Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Gulf Keystone Petroleum (OSL:GKP) is currently considered Fairly Valued. The stock's GF Value™ is kr21.73, compared to a current price of kr22.85 — trading 5.2% above its estimated fair value. The current Gross Margin % is 34.56%, which is 31% above median its 10-year median of 26.43 and 34.9% above the Oil & Gas industry median of 25.62. Gulf Keystone Petroleum's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Gulf Keystone Petroleum (OSL:GKP), the current Gross Margin % is 34.56% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gulf Keystone Petroleum (OSL:GKP) Overvalued in 2026?
Based on GuruFocus' analysis, Gulf Keystone Petroleum stock appears to be overvalued.
The current stock price of kr22.85 is trading 5.2% above its estimated GF Value™ of kr21.73.
GuruFocus considers Gulf Keystone Petroleum to be Fairly Valued.
Key valuation signals for OSL:GKP:
Gross Margin %: 34.56% (31% above median its 10-year median of 26.43)
GF Value™: kr21.73 vs. price of kr22.85 (5.2% above fair value)
Industry Position: 34.9% above the Oil & Gas median (#525 of 872)
No single metric tells the full story. See the OSL:GKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulf Keystone Petroleum Ltd is a holding company that is engaged in the oil and gas exploration, development, and production business. The company mainly operates in the Kurdistan Region of Iraq, which consists of the Shaikan and the Erbil office, which provide support to the operations in Kurdistan. The firm has a Production Sharing Contract with the Kurdistan Regional Government. The company generates revenue from oil sales.
62GF Score
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