Kelt Exploration（KEL）株式概要ケルト・エクスプロレーション社は石油・ガス会社で、主にカナダ西部で原油・天然ガス資源の探鉱・開発・生産を行っている。 詳細KEL ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長2/6過去の実績2/6財務の健全性3/6配当金0/6報酬収益は年間28.8%増加すると予測されています アナリストらは、株価が20.9%上昇するだろうとほぼ一致している。 リスク分析KEL リスクチェックを通過した。すべてのリスクチェックを見るKEL Community Fair Values Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$9.9958.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-248m2b2016201920222025202620282031Revenue CA$1.7bEarnings CA$158.7mAdvancedSet Fair ValueView all narrativesKelt Exploration Ltd. 競合他社Advantage EnergySymbol: TSX:AAVMarket cap: CA$1.7bBirchcliff EnergySymbol: TSX:BIRMarket cap: CA$1.9bFreehold RoyaltiesSymbol: TSX:FRUMarket cap: CA$2.9bParex ResourcesSymbol: TSX:PXTMarket cap: CA$2.5b価格と性能株価の高値、安値、推移の概要Kelt Exploration過去の株価現在の株価CA$9.9952週高値CA$10.2952週安値CA$5.96ベータ0.401ヶ月の変化20.51%3ヶ月変化17.12%1年変化49.55%3年間の変化81.64%5年間の変化222.26%IPOからの変化85.00%最新ニュースRecent Insider Transactions Derivative • 50mVice President of Exploration exercised options and sold CA$485k worth of stockOn the 15th of May, Patrick W. Miles exercised 107k options at a strike price of around CA$4.56 and sold these shares for an average price of CA$9.10 per share. This trade did not impact their existing holding. Since December 2025, Patrick W. has owned 911.86k shares directly. Company insiders have collectively sold CA$3.6m more than they bought, via options and on-market transactions in the last 12 months.ライブニュース • May 10Kelt Exploration Ups Oil Drilling With Record Q1 Output and Raises 2026 Production TargetKelt Exploration reported record average production of 48,098 BOE per day for Q1 2026, above its earlier guidance. The company increased its 2026 capital expenditure program from $355 million to $375 million, with more spending directed to drilling and completing wells, particularly oil wells. Management now forecasts 2026 average production between 50,000 and 52,000 BOE per day and expects adjusted funds from operations to be 7% higher than previous estimates. For you as an investor, the key takeaway is that Kelt is leaning into higher oil prices by allocating more capital to oil-weighted drilling and completions. Record Q1 output and a higher full-year production range suggest the company is planning to run its asset base harder, with a greater focus on oil and NGLs within its production mix. The increase in forecast adjusted funds from operations, alongside the larger capital budget, signals a willingness to reinvest more cash flow back into the business. When you assess this update, you may want to compare the step-up in spending with any changes in corporate priorities such as balance sheet strength, potential returns of capital, or growth objectives, and consider how a more oil-weighted profile fits with your view on commodity exposure and risk.Reported Earnings • May 07First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: CA$153.3m (up 20% from 1Q 2025). Net income: CA$686.0k (down 96% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$9.68, the stock trades at a trailing P/E ratio of 31x. Average forward P/E is 11x in the Oil and Gas industry in Canada. Total returns to shareholders of 97% over the past three years.Recent Insider Transactions Derivative • Apr 08Key Executive exercised options to buy CA$316k worth of stock.On the 2nd of April, David Wilson exercised options to buy 36k shares at a strike price of around CA$8.62, costing a total of CA$310k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since June 2025, David's direct individual holding has increased from 27.80m shares to 28.13m. Company insiders have collectively sold CA$3.1m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 25Vice President of Exploration exercised options and sold CA$257k worth of stockOn the 23rd of March, Patrick W. Miles exercised 87k options at a strike price of around CA$5.35 and sold these shares for an average price of CA$8.29 per share. This trade did not impact their existing holding. Since June 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$29m more than they bought, via options and on-market transactions in the last 12 months.最新情報をもっと見るRecent updatesRecent Insider Transactions Derivative • 50mVice President of Exploration exercised options and sold CA$485k worth of stockOn the 15th of May, Patrick W. Miles exercised 107k options at a strike price of around CA$4.56 and sold these shares for an average price of CA$9.10 per share. This trade did not impact their existing holding. Since December 2025, Patrick W. has owned 911.86k shares directly. Company insiders have collectively sold CA$3.6m more than they bought, via options and on-market transactions in the last 12 months.ライブニュース • May 10Kelt Exploration Ups Oil Drilling With Record Q1 Output and Raises 2026 Production TargetKelt Exploration reported record average production of 48,098 BOE per day for Q1 2026, above its earlier guidance. The company increased its 2026 capital expenditure program from $355 million to $375 million, with more spending directed to drilling and completing wells, particularly oil wells. Management now forecasts 2026 average production between 50,000 and 52,000 BOE per day and expects adjusted funds from operations to be 7% higher than previous estimates. For you as an investor, the key takeaway is that Kelt is leaning into higher oil prices by allocating more capital to oil-weighted drilling and completions. Record Q1 output and a higher full-year production range suggest the company is planning to run its asset base harder, with a greater focus on oil and NGLs within its production mix. The increase in forecast adjusted funds from operations, alongside the larger capital budget, signals a willingness to reinvest more cash flow back into the business. When you assess this update, you may want to compare the step-up in spending with any changes in corporate priorities such as balance sheet strength, potential returns of capital, or growth objectives, and consider how a more oil-weighted profile fits with your view on commodity exposure and risk.Reported Earnings • May 07First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: CA$153.3m (up 20% from 1Q 2025). Net income: CA$686.0k (down 96% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$9.68, the stock trades at a trailing P/E ratio of 31x. Average forward P/E is 11x in the Oil and Gas industry in Canada. Total returns to shareholders of 97% over the past three years.Recent Insider Transactions Derivative • Apr 08Key Executive exercised options to buy CA$316k worth of stock.On the 2nd of April, David Wilson exercised options to buy 36k shares at a strike price of around CA$8.62, costing a total of CA$310k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since June 2025, David's direct individual holding has increased from 27.80m shares to 28.13m. Company insiders have collectively sold CA$3.1m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 25Vice President of Exploration exercised options and sold CA$257k worth of stockOn the 23rd of March, Patrick W. Miles exercised 87k options at a strike price of around CA$5.35 and sold these shares for an average price of CA$8.29 per share. This trade did not impact their existing holding. Since June 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$29m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Mar 24Price target increased by 7.0% to CA$10.57Up from CA$9.88, the current price target is an average from 11 analysts. New target price is 14% above last closing price of CA$9.30. Stock is up 39% over the past year. The company posted earnings per share of CA$0.32 last year.Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.32 (up from CA$0.23 in FY 2024). Revenue: CA$467.0m (up 13% from FY 2024). Net income: CA$63.1m (up 39% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Feb 16Kelt Exploration Ltd., Annual General Meeting, Apr 22, 2026Kelt Exploration Ltd., Annual General Meeting, Apr 22, 2026.分析記事 • Feb 06Is Kelt Exploration (TSE:KEL) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent Insider Transactions Derivative • Feb 04Vice President of Exploration exercised options and sold CA$502k worth of stockOn the 29th of January, Patrick W. Miles exercised 95k options at a strike price of around CA$2.71 and sold these shares for an average price of CA$8.02 per share. This trade did not impact their existing holding. Since March 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$28m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jan 06Kelt Exploration Ltd. Provides Earnings and Production Guidance for the Year 2025 and 2026Kelt Exploration Ltd. provided earnings and production guidance for the year 2025 and 2026. For 2025, the Company expects production of oil and natural gas liquids of between 14,600 and 15,400 barrels per day, natural gas production of between 152,400 MMcf per day and 153,600 MMcf per day, and combined production of approximately 40,000 to 41,000 barrels of oil equivalent per day. Petroleum and natural gas sales are budgeted at approximately $536.1 million for the year. For 2026, the Company expects production of oil and natural gas liquids of between 19,100 and 20,100 barrels per day, natural gas of and 185,400 MMcf per day to 191,400 MMcf per day, combined production of 50,000 barrels of oil equivalent per day to 52,000 barrels of oil equivalent per day. P&NG sales are budgeted at approximately $682.0 million for the year.お知らせ • Nov 13Kelt Exploration Ltd. to Report Fiscal Year 2025 Results on Mar 12, 2026Kelt Exploration Ltd. announced that they will report fiscal year 2025 results Pre-Market on Mar 12, 2026お知らせ • Aug 25Kelt Exploration Ltd. Provides Update on Start-Up Expectations for the Newly Constructed Albright Gas PlantKelt Exploration Ltd. provided an Update on Start-Up Expectations for the Newly Constructed Albright Gas Plant ("Albright") Near the Company's Lands At Wembley/Pipestone, Alberta. Albright Is Owned and Operated by A Third-Party Mid-Stream Company, Csv Midstream Solutions Corp. ("Csv"). Csv Is an Alberta Based Company Headquartered in Calgary with Assets Located in the Grande Prairie and Grande Cache Areas of Northern Alberta. Csv Had Originally Planned to Bring Albright On-Stream in the Fourth Quarter of 2024. After Certain Issues During Construction Including Logistic Related Delays, Csv Commenced Commissioning (Flaring, Testing and Safety) Operations in June 2025, with Expectations of Full-Scale Operations to Commence in July 2025. Csv Has Informed Kelt That the Upstream Portion of the Gas Plant Is Fully Commissioned and Ready for Start-Up. However, Testing of the Sulphur Recovery Plant Required to Process Sour Gas Has Had Several Starts and Stops. A Major Piece of Equipment (Four-Way Valve) Has Not Performed Its Intended Function During the Test, Even Though It Had Initially Worked. Csv Is Currently Conducting A Root Cause Analysis ("Rca") to Identify Reasons Why the Failure Occurred. As a Result, Csv Is No Longer Able to Provide the Company with an Estimated Start Date for Albright.Recent Insider Transactions • Aug 19Independent Director recently bought CA$704k worth of stockOn the 18th of August, Raymond Kwan bought around 106k shares on-market at roughly CA$6.66 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$18m more in shares than they bought in the last 12 months.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: CA$0.16 (vs CA$0.056 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.16 (up from CA$0.056 in 2Q 2024). Revenue: CA$106.9m (up 16% from 2Q 2024). Net income: CA$32.5m (up 198% from 2Q 2024). Profit margin: 30% (up from 12% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Aug 08Kelt Exploration Ltd. to Report Q3, 2025 Results on Nov 13, 2025Kelt Exploration Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025分析記事 • Aug 06Here's Why Kelt Exploration (TSE:KEL) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jun 27Pinning Down Kelt Exploration Ltd.'s (TSE:KEL) P/E Is Difficult Right NowKelt Exploration Ltd.'s ( TSE:KEL ) price-to-earnings (or "P/E") ratio of 27.3x might make it look like a strong sell...Reported Earnings • May 09First quarter 2025 earnings released: EPS: CA$0.10 (vs CA$0.061 in 1Q 2024)First quarter 2025 results: EPS: CA$0.10 (up from CA$0.061 in 1Q 2024). Revenue: CA$127.3m (up 14% from 1Q 2024). Net income: CA$19.0m (up 60% from 1Q 2024). Profit margin: 15% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • May 08Kelt Exploration Ltd. to Report Q2, 2025 Results on Aug 07, 2025Kelt Exploration Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025分析記事 • Apr 10Kelt Exploration (TSE:KEL) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$5.66, the stock trades at a trailing P/E ratio of 24.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total loss to shareholders of 19% over the past three years.Recent Insider Transactions • Mar 31Independent Director recently sold CA$23m worth of stockOn the 27th of March, Michael Shea sold around 3m shares on-market at roughly CA$6.75 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$19m more than they bought in the last 12 months.Recent Insider Transactions • Mar 25VP & CFO recently sold CA$476k worth of stockOn the 19th of March, Sadiq Lalani sold around 74k shares on-market at roughly CA$6.43 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sadiq's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Mar 19Key Executive exercised options to buy CA$413k worth of stock.On the 17th of March, David Wilson exercised options to buy 64k shares at a strike price of around CA$6.41, costing a total of CA$409k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since March 2024, David's direct individual holding has increased from 24.00m shares to 24.76m. Company insiders have collectively bought CA$644k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Mar 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CA$0.23 (down from CA$0.45 in FY 2023). Revenue: CA$413.7m (down 5.2% from FY 2023). Net income: CA$45.4m (down 47% from FY 2023). Profit margin: 11% (down from 20% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Mar 13Kelt Exploration Ltd. to Report Q1, 2025 Results on May 08, 2025Kelt Exploration Ltd. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025分析記事 • Feb 26Market Participants Recognise Kelt Exploration Ltd.'s (TSE:KEL) EarningsWith a price-to-earnings (or "P/E") ratio of 22.4x Kelt Exploration Ltd. ( TSE:KEL ) may be sending very bearish...お知らせ • Feb 17Kelt Exploration Ltd., Annual General Meeting, Apr 23, 2025Kelt Exploration Ltd., Annual General Meeting, Apr 23, 2025.Recent Insider Transactions Derivative • Jan 28Vice President of Exploration exercised options and sold CA$305k worth of stockOn the 21st of January, Patrick W. Miles exercised 48k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$7.35 per share. This trade did not impact their existing holding. Since March 2024, Patrick W.'s direct individual holding has increased from 893.84k shares to 903.17k. Company insiders have collectively bought CA$639k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Jan 15Kelt Exploration Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Kelt Exploration Ltd. announced that they will report fiscal year 2024 results Pre-Market on Mar 13, 2025Recent Insider Transactions Derivative • Jan 10Vice President of Exploration exercised options and sold CA$292k worth of stockOn the 8th of January, Patrick W. Miles exercised 45k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$7.47 per share. This trade did not impact their existing holding. Since March 2024, Patrick W. has owned 893.84k shares directly. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Jan 07Kelt Exploration Ltd. Provides Production Guidance for the First Quarter and Full Year 2025Kelt Exploration Ltd. provided production guidance for the first quarter and full year 2025. Production in 2025 is expected to average between 44,000 and 48,000 BOE per day, up 40% from average production forecasted for 2024. The product mix for 2025 average production is expected to be 37% oil and NGLs and 63% gas. Production during the first quarter of 2025 is expected to average between 37,500 and 39,500 BOE per day, ramping up significantly in the second quarter with the start-up of the CSV Albright Gas Plant in the Company's Wembley/Pipestone Division where Kelt currently has shut-in production from wells already drilled and completed.分析記事 • Jan 07We Think Kelt Exploration (TSE:KEL) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Dec 20Key Executive recently bought CA$4.0m worth of stockOn the 17th of December, David Wilson bought around 657k shares on-market at roughly CA$6.05 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Nov 24Insider exercised options and sold CA$181k worth of stockOn the 18th of November, Douglas Errico exercised 31k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$6.84 per share. This trade did not impact their existing holding. Since December 2023, Douglas has owned 506.78k shares directly. Company insiders have collectively sold CA$974k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: CA$0.05 (vs CA$0.10 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.05 (down from CA$0.10 in 3Q 2023). Revenue: CA$95.0m (down 6.4% from 3Q 2023). Net income: CA$8.87m (down 56% from 3Q 2023). Profit margin: 9.3% (down from 20% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • Oct 22Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or PricingKelt Exploration Ltd.'s ( TSE:KEL ) price-to-earnings (or "P/E") ratio of 18.7x might make it look like a sell right...分析記事 • Sep 05Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CA$0.06 (vs CA$0.13 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.06 (down from CA$0.13 in 2Q 2023). Revenue: CA$91.8m (down 11% from 2Q 2023). Net income: CA$10.9m (down 58% from 2Q 2023). Profit margin: 12% (down from 25% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Aug 08Kelt Exploration Ltd. to Report Q3, 2024 Results on Nov 07, 2024Kelt Exploration Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024分析記事 • Jun 01Is There An Opportunity With Kelt Exploration Ltd.'s (TSE:KEL) 47% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Kelt Exploration fair value estimate is CA$11.95 Kelt...お知らせ • May 11Kelt Exploration Ltd. to Report Q2, 2024 Results on Aug 08, 2024Kelt Exploration Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024お知らせ • May 10Kelt Exploration Ltd. Provides Production Guidance for the Year 2024Kelt Exploration Ltd. provided production guidance for the year 2024. For the year, the company expects Oil & NGLs production to be between 14,000 bbls/d to 15,500 bbls/d. Gas production to be between 132,000 Mcf/d to 141,000 Mcf/d. Combined production to be between 36,000 BOE/d to 39,000 BOE/d.Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.06 (vs CA$0.085 in 1Q 2023)First quarter 2024 results: EPS: CA$0.06 (down from CA$0.085 in 1Q 2023). Revenue: CA$111.3m (down 8.2% from 1Q 2023). Net income: CA$11.8m (down 28% from 1Q 2023). Profit margin: 11% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Apr 18Insider recently sold CA$143k worth of stockOn the 9th of April, Bruce Gigg sold around 23k shares on-market at roughly CA$6.20 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$936k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Apr 15VP & CFO exercised options and sold CA$171k worth of stockOn the 11th of April, Sadiq Lalani exercised 75.00k options at around CA$2.76, then sold 46k of the shares acquired at an average of CA$6.48 per share and kept the remainder. Since September 2023, Sadiq's direct individual holding has increased from 1.81m shares to 1.82m. Company insiders have collectively sold CA$648k more than they bought, via options and on-market transactions in the last 12 months.Buy Or Sell Opportunity • Mar 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to CA$6.06. The fair value is estimated to be CA$5.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Recent Insider Transactions Derivative • Mar 21Key Executive exercised options to buy CA$374k worth of stock.On the 18th of March, David Wilson exercised options to buy 64k shares at a strike price of around CA$5.87, costing a total of CA$374k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since March 2023, David's direct individual holding has increased from 23.77m shares to 23.88m. Company insiders have collectively bought CA$225m more than they sold, via options and on-market transactions, in the last 12 months.Price Target Changed • Mar 11Price target increased by 7.2% to CA$8.93Up from CA$8.33, the current price target is an average from 10 analysts. New target price is 51% above last closing price of CA$5.93. Stock is up 23% over the past year. The company is forecast to post earnings per share of CA$0.48 for next year compared to CA$0.45 last year.New Risk • Mar 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.お知らせ • Mar 09Kelt Exploration Ltd. to Report Q1, 2024 Results on May 09, 2024Kelt Exploration Ltd. announced that they will report Q1, 2024 results Pre-Market on May 09, 2024分析記事 • Feb 17An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% UndervaluedKey Insights The projected fair value for Kelt Exploration is CA$8.95 based on 2 Stage Free Cash Flow to Equity Kelt...お知らせ • Feb 06+ 1 more updateKelt Exploration Ltd. to Report Fiscal Year 2023 Results on Feb 22, 2024Kelt Exploration Ltd. announced that they will report fiscal year 2023 results Pre-Market on Feb 22, 2024Buy Or Sell Opportunity • Jan 23Now 25% overvaluedOver the last 90 days, the stock has fallen 23% to CA$5.55. The fair value is estimated to be CA$4.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable.分析記事 • Dec 20Investors Will Want Kelt Exploration's (TSE:KEL) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...Recent Insider Transactions Derivative • Nov 19Key Executive exercised options to buy CA$794k worth of stock.On the 15th of November, David Wilson exercised options to buy 110k shares at a strike price of around CA$4.76, costing a total of CA$524k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2022, David's direct individual holding has increased from 23.57m shares to 23.77m. Company insiders have collectively bought CA$225m more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 11Kelt Exploration Ltd. Provides Production Guidance for the Full Year 2023 and 2024Kelt Exploration Ltd. provided production guidance for the full year 2023 and 2024. For the full year 2023, the company expected Oil & NGLs of 11,910 to 12,660 bbls/d, Gas production of 111,540 to 114,540 MMcf/d and total production of 30,500 to 31,750 BOE/d. For the full year 2024, the company expected Oil & NGLs of 14,250 to 15,750 bbls/d, Gas production of 130,500 to 139,500 MMcf/d and total production of 36,000 to 39,000 BOE/d.お知らせ • Nov 10Kelt Exploration Ltd. to Report Fiscal Year 2023 Results on Mar 08, 2024Kelt Exploration Ltd. announced that they will report fiscal year 2023 results Pre-Market on Mar 08, 2024分析記事 • Sep 15We Like These Underlying Return On Capital Trends At Kelt Exploration (TSE:KEL)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...お知らせ • Sep 09Kelt Exploration Ltd. Provides Update on New Gas Processing CapacityKelt Exploration Ltd. provided an update on new gas processing capacity acquired through various firm service arrangements that are expected to provide the Company with the ability to double its current production capability over the next three years. This increase in production capability will come while the Company maintains its oil/gas production mix at similar levels to its current production mix. The Company is also providing an update on upcoming plant maintenance that is expected to result in temporary production curtailments in the near term. In its Wembley/Pipestone Division, Kelt expects to increase firm service raw gas processing capacity from 37 MMcf per day to 109 MMcf per day over the next 18 months. The Company has entered into gas processing arrangements with certain midstream companies that are building a new gas processing plant and expanding an existing gas processing plant in the area. The additional 22 MMcf per day of firm service processing capacity that was anticipated by Kelt to become available in the first quarter of 2024, could become available in late December 2023. As the Company prepares to add production upon start-up of the incremental gas processing, Kelt has drilled nine Montney wells at Wembley/Pipestone of which seven have now been completed and the remaining two wells are expected to be completed in October 2023. The Company expects to flow these wells back and use its current gas processing capacity to produce these oilier wells while at the same time shut-in older gassier wells as it awaits the start-up of new incremental processing capacity. Kelt will have access, through ownership interests and firm service arrangements, to five different gas processing plants in the Wembley/Pipestone area, providing the Company with operating flexibility and the ability to significantly grow its production base in the future. In its Pouce Coupe/Progress/Spirit River Division, Kelt currently has access to approximately 72 MMcf per day of raw gas processing capacity through a plant ownership interest and third-party facility firm service arrangements. Kelt expects to increase its overall raw gas processing capacity in the area to 107 MMcf per day over the next two years with incremental firm service arrangements, giving the Company access to five different gas plants in the area. The Company expects to start-up four new Charlie Lake wells in the area during the fourth quarter of 2023. Two wells (100% WI) are in the Company's new area at Pouce Coupe North and the other two wells (50% WI) are at Progress. In its Oak/Flatrock Division, Kelt has the ability to increase firm service raw gas processing capacity from 25 MMcf per day to 90 MMcf per day over the next 30 months through gas processing arrangements with a third-party. Kelt expects to put on production five new Montney wells in October 2023 and expects to have an active drilling program in the area in 2024.お知らせ • Sep 08Kelt Exploration Ltd. Announces Board ChangesKelt Exploration Ltd. announced that it has appointed Jennifer Haskey as a director of the Company effective September 7, 2023. Ms. Haskey has an extensive engineering background in the Energy Industry, including energy acquisition and divestment advisory services at BMO Capital Markets and business development and commercial analysis experience at Talisman Energy Inc./Repsol Oil &Gas Canada. Ms. Haskey is expected to be appointed as a member of the Reserves Committee and Audit Committee of the Board. The Company also announces that Geri Greenall is retiring from the Kelt Board effective September 7, 2023. Ms. Greenall has been a director of Kelt since December 14, 2017.Recent Insider Transactions • Aug 16Lead Director recently sold CA$547k worth of stockOn the 10th of August, Geraldine Greenall sold around 79k shares on-market at roughly CA$6.90 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$389k more than they sold in the last 12 months.お知らせ • Aug 04Kelt Exploration Ltd. to Report Q3, 2023 Results on Nov 09, 2023Kelt Exploration Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023Major Estimate Revision • May 11Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CA$571.0m to CA$547.5m. EPS estimate also fell from CA$0.54 per share to CA$0.423 per share. Net income forecast to shrink 18% next year vs 22% decline forecast for Oil and Gas industry in Canada. Consensus price target of CA$7.69 unchanged from last update. Share price rose 11% to CA$5.11 over the past week.Reported Earnings • May 06First quarter 2023 earnings released: EPS: CA$0.09 (vs CA$0.057 in 1Q 2022)First quarter 2023 results: EPS: CA$0.09 (up from CA$0.057 in 1Q 2022). Revenue: CA$121.3m (down 1.9% from 1Q 2022). Net income: CA$16.3m (up 52% from 1Q 2022). Profit margin: 14% (up from 8.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.お知らせ • May 05Kelt Exploration Ltd. to Report Q2, 2023 Results on Aug 03, 2023Kelt Exploration Ltd. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 03, 2023Recent Insider Transactions • Apr 02Key Executive recently bought CA$367k worth of stockOn the 30th of March, David Wilson bought around 82k shares on-market at roughly CA$4.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$3.2m worth in shares.Recent Insider Transactions Derivative • Mar 26VP & CFO exercised options to buy CA$78k worth of stock.On the 24th of March, Sadiq Lalani exercised options to buy 18k shares at a strike price of around CA$4.55, costing a total of CA$80k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2022, Sadiq has owned 1.78m shares directly. Company insiders have collectively sold CA$14k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Mar 16Here's Why We Think Kelt Exploration (TSE:KEL) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • Mar 04Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CA$0.83 (up from CA$0.60 in FY 2021). Revenue: CA$547.8m (up 89% from FY 2021). Net income: CA$158.8m (up 39% from FY 2021). Profit margin: 29% (down from 40% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.7%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 08Kelt Exploration Ltd., Annual General Meeting, Apr 19, 2023Kelt Exploration Ltd., Annual General Meeting, Apr 19, 2023, at 15:00 Mountain Standard Time.Price Target Changed • Jan 22Price target decreased to CA$8.50Down from CA$9.17, the current price target is an average from 13 analysts. New target price is 72% above last closing price of CA$4.95. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of CA$0.76 for next year compared to CA$0.61 last year.Recent Insider Transactions • Jan 14Key Executive recently bought CA$266k worth of stockOn the 11th of January, David Wilson bought around 57k shares on-market at roughly CA$4.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.9m worth in shares.Recent Insider Transactions • Dec 14Key Executive recently bought CA$223k worth of stockOn the 9th of December, David Wilson bought around 45k shares on-market at roughly CA$4.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.6m worth in shares.分析記事 • Dec 09Investors Should Be Encouraged By Kelt Exploration's (TSE:KEL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Major Estimate Revision • Nov 17Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$617.0m to CA$606.0m. EPS estimate also fell from CA$0.86 per share to CA$0.77 per share. Net income forecast to grow 23% next year vs 6.4% growth forecast for Oil and Gas industry in Canada. Consensus price target down from CA$9.90 to CA$9.48. Share price fell 6.0% to CA$5.50 over the past week.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: CA$0.12 (vs CA$0.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.12 (up from CA$0.02 in 3Q 2021). Revenue: CA$126.6m (up 87% from 3Q 2021). Net income: CA$23.1m (up CA$19.3m from 3Q 2021). Profit margin: 18% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 14Analysts Are More Bearish On Kelt Exploration Ltd. (TSE:KEL) Than They Used To BeOne thing we could say about the analysts on Kelt Exploration Ltd. ( TSE:KEL ) - they aren't optimistic, having just...Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.12 (vs CA$0.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.12 (up from CA$0.02 in 3Q 2021). Revenue: CA$126.6m (up 87% from 3Q 2021). Net income: CA$23.1m (up CA$19.3m from 3Q 2021). Profit margin: 18% (up from 5.5% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 1.5% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 11Kelt Exploration Ltd. to Report Fiscal Year 2022 Results on Mar 03, 2023Kelt Exploration Ltd. announced that they will report fiscal year 2022 results at 9:30 AM, US Eastern Standard Time on Mar 03, 2023Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$5.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Canada. Total returns to shareholders of 49% over the past three years.Major Estimate Revision • Sep 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CA$694.5m to CA$617.0m. EPS estimate unchanged from CA$0.89 per share at last update. Oil and Gas industry in Canada expected to see average net income growth of 32% next year. Consensus price target broadly unchanged at CA$10.15. Share price was steady at CA$6.26 over the past week.分析記事 • Sep 15Is Now The Time To Put Kelt Exploration (TSE:KEL) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Sep 13Kelt Exploration Ltd. Revises Production Guidance for the Year 2022Kelt Exploration Ltd. revised production guidance for the year 2022. For the year, the company is reducing its production guidance to be in a range from 28,500 to 29,500 BOE per day (previously forecasted to be in the range from 30,000 to 31,000 BOE per day).Recent Insider Transactions Derivative • Sep 04Vice President of Marketing exercised options and sold CA$106k worth of stockOn the 29th of August, Carol Van Brunschot exercised 27k options at a strike price of around CA$2.76 and sold these shares for an average price of CA$6.74 per share. This trade did not impact their existing holding. Since September 2021, Carol's direct individual holding has decreased from 39.74k shares to 28.90k. Company insiders have collectively bought CA$2.8m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Aug 26Independent Director exercised options to buy CA$252k worth of stock.On the 17th of August, Neil Sinclair exercised options to buy 38k shares at a strike price of around CA$6.06, costing a total of CA$230k. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. Since March 2022, Neil has owned 2.53m shares directly. Company insiders have collectively bought CA$2.9m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: CA$0.37 (vs CA$0.29 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.37 (up from CA$0.29 in 2Q 2021). Revenue: CA$160.8m (up 189% from 2Q 2021). Net income: CA$70.7m (up 29% from 2Q 2021). Profit margin: 44% (down from 98% in 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 83% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 05Kelt Exploration Ltd. to Report Q3, 2022 Results on Nov 10, 2022Kelt Exploration Ltd. announced that they will report Q3, 2022 results Pre-Market on Nov 10, 2022Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$6.88, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 83% over the past three years.Recent Insider Transactions • Jun 29Key Executive recently bought CA$2.3m worth of stockOn the 20th of June, David Wilson bought around 366k shares on-market at roughly CA$6.33 per share. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.4m worth in shares.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$6.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 61% over the past three years.Recent Insider Transactions • Jun 11Insider recently sold CA$775k worth of stockOn the 6th of June, Alan Franks sold around 100k shares on-market at roughly CA$7.75 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$1.6m more than they sold in the last 12 months.Recent Insider Transactions Derivative • Jun 08Vice President of Operations exercised options and sold CA$139k worth of stockOn the 6th of June, Douglas MacArthur exercised 100k options at a strike price of around CA$6.02 and sold these shares for an average price of CA$7.41 per share. This trade did not impact their existing holding. Since September 2021, Douglas' direct individual holding has increased from 960.91k shares to 973.80k. Company insiders have collectively bought CA$1.3m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Jun 01Insider exercised options and sold CA$62k worth of stockOn the 27th of May, Douglas Errico exercised options to acquire 57k shares at no cost and sold these for an average price of CA$1.09 per share. This trade did not impact their existing holding. Since June 2021, Douglas' direct individual holding has increased from 475.48k shares to 488.77k. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Jun 01An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 49% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Kelt Exploration Ltd...株主還元KELCA Oil and GasCA 市場7D1.5%2.2%-0.2%1Y49.6%57.3%32.6%株主還元を見る業界別リターン: KEL過去 1 年間で57.3 % の収益を上げたCanadian Oil and Gas業界を下回りました。リターン対市場: KEL過去 1 年間で32.6 % の収益を上げたCanadian市場を上回りました。価格変動Is KEL's price volatile compared to industry and market?KEL volatilityKEL Average Weekly Movement6.3%Oil and Gas Industry Average Movement8.9%Market Average Movement10.3%10% most volatile stocks in CA Market18.1%10% least volatile stocks in CA Market3.9%安定した株価: KEL 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: KELの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト201285David Wilsonwww.keltexploration.comケルト・エクスプロレーション社は石油・ガス会社で、主にカナダ西部で原油・天然ガス資源の探鉱・開発・生産を行っている。同社は原油と天然ガス液化製品を主に第三者に販売している。ケルト・エクスプロレーション社は2012年に設立され、カナダのカルガリーに本社を置いている。もっと見るKelt Exploration Ltd. 基礎のまとめKelt Exploration の収益と売上を時価総額と比較するとどうか。KEL 基礎統計学時価総額CA$2.01b収益（TTM）CA$44.77m売上高(TTM)CA$492.98m45.1xPER（株価収益率4.1xP/SレシオKEL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計KEL 損益計算書（TTM）収益CA$492.98m売上原価CA$218.43m売上総利益CA$274.56mその他の費用CA$229.79m収益CA$44.77m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.22グロス・マージン55.69%純利益率9.08%有利子負債／自己資本比率12.8%KEL の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 23:06終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kelt Exploration Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20 アナリスト機関Patrick O'RourkeATB CormarkGarett UrsuATB Cormark Historical (Cormark Securities)Randy OllenbergerBMO Capital Markets Equity Research17 その他のアナリストを表示
Recent Insider Transactions Derivative • 50mVice President of Exploration exercised options and sold CA$485k worth of stockOn the 15th of May, Patrick W. Miles exercised 107k options at a strike price of around CA$4.56 and sold these shares for an average price of CA$9.10 per share. This trade did not impact their existing holding. Since December 2025, Patrick W. has owned 911.86k shares directly. Company insiders have collectively sold CA$3.6m more than they bought, via options and on-market transactions in the last 12 months.
ライブニュース • May 10Kelt Exploration Ups Oil Drilling With Record Q1 Output and Raises 2026 Production TargetKelt Exploration reported record average production of 48,098 BOE per day for Q1 2026, above its earlier guidance. The company increased its 2026 capital expenditure program from $355 million to $375 million, with more spending directed to drilling and completing wells, particularly oil wells. Management now forecasts 2026 average production between 50,000 and 52,000 BOE per day and expects adjusted funds from operations to be 7% higher than previous estimates. For you as an investor, the key takeaway is that Kelt is leaning into higher oil prices by allocating more capital to oil-weighted drilling and completions. Record Q1 output and a higher full-year production range suggest the company is planning to run its asset base harder, with a greater focus on oil and NGLs within its production mix. The increase in forecast adjusted funds from operations, alongside the larger capital budget, signals a willingness to reinvest more cash flow back into the business. When you assess this update, you may want to compare the step-up in spending with any changes in corporate priorities such as balance sheet strength, potential returns of capital, or growth objectives, and consider how a more oil-weighted profile fits with your view on commodity exposure and risk.
Reported Earnings • May 07First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: CA$153.3m (up 20% from 1Q 2025). Net income: CA$686.0k (down 96% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$9.68, the stock trades at a trailing P/E ratio of 31x. Average forward P/E is 11x in the Oil and Gas industry in Canada. Total returns to shareholders of 97% over the past three years.
Recent Insider Transactions Derivative • Apr 08Key Executive exercised options to buy CA$316k worth of stock.On the 2nd of April, David Wilson exercised options to buy 36k shares at a strike price of around CA$8.62, costing a total of CA$310k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since June 2025, David's direct individual holding has increased from 27.80m shares to 28.13m. Company insiders have collectively sold CA$3.1m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 25Vice President of Exploration exercised options and sold CA$257k worth of stockOn the 23rd of March, Patrick W. Miles exercised 87k options at a strike price of around CA$5.35 and sold these shares for an average price of CA$8.29 per share. This trade did not impact their existing holding. Since June 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$29m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • 50mVice President of Exploration exercised options and sold CA$485k worth of stockOn the 15th of May, Patrick W. Miles exercised 107k options at a strike price of around CA$4.56 and sold these shares for an average price of CA$9.10 per share. This trade did not impact their existing holding. Since December 2025, Patrick W. has owned 911.86k shares directly. Company insiders have collectively sold CA$3.6m more than they bought, via options and on-market transactions in the last 12 months.
ライブニュース • May 10Kelt Exploration Ups Oil Drilling With Record Q1 Output and Raises 2026 Production TargetKelt Exploration reported record average production of 48,098 BOE per day for Q1 2026, above its earlier guidance. The company increased its 2026 capital expenditure program from $355 million to $375 million, with more spending directed to drilling and completing wells, particularly oil wells. Management now forecasts 2026 average production between 50,000 and 52,000 BOE per day and expects adjusted funds from operations to be 7% higher than previous estimates. For you as an investor, the key takeaway is that Kelt is leaning into higher oil prices by allocating more capital to oil-weighted drilling and completions. Record Q1 output and a higher full-year production range suggest the company is planning to run its asset base harder, with a greater focus on oil and NGLs within its production mix. The increase in forecast adjusted funds from operations, alongside the larger capital budget, signals a willingness to reinvest more cash flow back into the business. When you assess this update, you may want to compare the step-up in spending with any changes in corporate priorities such as balance sheet strength, potential returns of capital, or growth objectives, and consider how a more oil-weighted profile fits with your view on commodity exposure and risk.
Reported Earnings • May 07First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: CA$153.3m (up 20% from 1Q 2025). Net income: CA$686.0k (down 96% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$9.68, the stock trades at a trailing P/E ratio of 31x. Average forward P/E is 11x in the Oil and Gas industry in Canada. Total returns to shareholders of 97% over the past three years.
Recent Insider Transactions Derivative • Apr 08Key Executive exercised options to buy CA$316k worth of stock.On the 2nd of April, David Wilson exercised options to buy 36k shares at a strike price of around CA$8.62, costing a total of CA$310k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since June 2025, David's direct individual holding has increased from 27.80m shares to 28.13m. Company insiders have collectively sold CA$3.1m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 25Vice President of Exploration exercised options and sold CA$257k worth of stockOn the 23rd of March, Patrick W. Miles exercised 87k options at a strike price of around CA$5.35 and sold these shares for an average price of CA$8.29 per share. This trade did not impact their existing holding. Since June 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$29m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Mar 24Price target increased by 7.0% to CA$10.57Up from CA$9.88, the current price target is an average from 11 analysts. New target price is 14% above last closing price of CA$9.30. Stock is up 39% over the past year. The company posted earnings per share of CA$0.32 last year.
Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.32 (up from CA$0.23 in FY 2024). Revenue: CA$467.0m (up 13% from FY 2024). Net income: CA$63.1m (up 39% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Feb 16Kelt Exploration Ltd., Annual General Meeting, Apr 22, 2026Kelt Exploration Ltd., Annual General Meeting, Apr 22, 2026.
分析記事 • Feb 06Is Kelt Exploration (TSE:KEL) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Recent Insider Transactions Derivative • Feb 04Vice President of Exploration exercised options and sold CA$502k worth of stockOn the 29th of January, Patrick W. Miles exercised 95k options at a strike price of around CA$2.71 and sold these shares for an average price of CA$8.02 per share. This trade did not impact their existing holding. Since March 2025, Patrick W.'s direct individual holding has increased from 903.17k shares to 911.86k. Company insiders have collectively sold CA$28m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jan 06Kelt Exploration Ltd. Provides Earnings and Production Guidance for the Year 2025 and 2026Kelt Exploration Ltd. provided earnings and production guidance for the year 2025 and 2026. For 2025, the Company expects production of oil and natural gas liquids of between 14,600 and 15,400 barrels per day, natural gas production of between 152,400 MMcf per day and 153,600 MMcf per day, and combined production of approximately 40,000 to 41,000 barrels of oil equivalent per day. Petroleum and natural gas sales are budgeted at approximately $536.1 million for the year. For 2026, the Company expects production of oil and natural gas liquids of between 19,100 and 20,100 barrels per day, natural gas of and 185,400 MMcf per day to 191,400 MMcf per day, combined production of 50,000 barrels of oil equivalent per day to 52,000 barrels of oil equivalent per day. P&NG sales are budgeted at approximately $682.0 million for the year.
お知らせ • Nov 13Kelt Exploration Ltd. to Report Fiscal Year 2025 Results on Mar 12, 2026Kelt Exploration Ltd. announced that they will report fiscal year 2025 results Pre-Market on Mar 12, 2026
お知らせ • Aug 25Kelt Exploration Ltd. Provides Update on Start-Up Expectations for the Newly Constructed Albright Gas PlantKelt Exploration Ltd. provided an Update on Start-Up Expectations for the Newly Constructed Albright Gas Plant ("Albright") Near the Company's Lands At Wembley/Pipestone, Alberta. Albright Is Owned and Operated by A Third-Party Mid-Stream Company, Csv Midstream Solutions Corp. ("Csv"). Csv Is an Alberta Based Company Headquartered in Calgary with Assets Located in the Grande Prairie and Grande Cache Areas of Northern Alberta. Csv Had Originally Planned to Bring Albright On-Stream in the Fourth Quarter of 2024. After Certain Issues During Construction Including Logistic Related Delays, Csv Commenced Commissioning (Flaring, Testing and Safety) Operations in June 2025, with Expectations of Full-Scale Operations to Commence in July 2025. Csv Has Informed Kelt That the Upstream Portion of the Gas Plant Is Fully Commissioned and Ready for Start-Up. However, Testing of the Sulphur Recovery Plant Required to Process Sour Gas Has Had Several Starts and Stops. A Major Piece of Equipment (Four-Way Valve) Has Not Performed Its Intended Function During the Test, Even Though It Had Initially Worked. Csv Is Currently Conducting A Root Cause Analysis ("Rca") to Identify Reasons Why the Failure Occurred. As a Result, Csv Is No Longer Able to Provide the Company with an Estimated Start Date for Albright.
Recent Insider Transactions • Aug 19Independent Director recently bought CA$704k worth of stockOn the 18th of August, Raymond Kwan bought around 106k shares on-market at roughly CA$6.66 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$18m more in shares than they bought in the last 12 months.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: CA$0.16 (vs CA$0.056 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.16 (up from CA$0.056 in 2Q 2024). Revenue: CA$106.9m (up 16% from 2Q 2024). Net income: CA$32.5m (up 198% from 2Q 2024). Profit margin: 30% (up from 12% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Aug 08Kelt Exploration Ltd. to Report Q3, 2025 Results on Nov 13, 2025Kelt Exploration Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025
分析記事 • Aug 06Here's Why Kelt Exploration (TSE:KEL) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jun 27Pinning Down Kelt Exploration Ltd.'s (TSE:KEL) P/E Is Difficult Right NowKelt Exploration Ltd.'s ( TSE:KEL ) price-to-earnings (or "P/E") ratio of 27.3x might make it look like a strong sell...
Reported Earnings • May 09First quarter 2025 earnings released: EPS: CA$0.10 (vs CA$0.061 in 1Q 2024)First quarter 2025 results: EPS: CA$0.10 (up from CA$0.061 in 1Q 2024). Revenue: CA$127.3m (up 14% from 1Q 2024). Net income: CA$19.0m (up 60% from 1Q 2024). Profit margin: 15% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • May 08Kelt Exploration Ltd. to Report Q2, 2025 Results on Aug 07, 2025Kelt Exploration Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025
分析記事 • Apr 10Kelt Exploration (TSE:KEL) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$5.66, the stock trades at a trailing P/E ratio of 24.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total loss to shareholders of 19% over the past three years.
Recent Insider Transactions • Mar 31Independent Director recently sold CA$23m worth of stockOn the 27th of March, Michael Shea sold around 3m shares on-market at roughly CA$6.75 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$19m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 25VP & CFO recently sold CA$476k worth of stockOn the 19th of March, Sadiq Lalani sold around 74k shares on-market at roughly CA$6.43 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sadiq's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Mar 19Key Executive exercised options to buy CA$413k worth of stock.On the 17th of March, David Wilson exercised options to buy 64k shares at a strike price of around CA$6.41, costing a total of CA$409k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since March 2024, David's direct individual holding has increased from 24.00m shares to 24.76m. Company insiders have collectively bought CA$644k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Mar 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CA$0.23 (down from CA$0.45 in FY 2023). Revenue: CA$413.7m (down 5.2% from FY 2023). Net income: CA$45.4m (down 47% from FY 2023). Profit margin: 11% (down from 20% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Mar 13Kelt Exploration Ltd. to Report Q1, 2025 Results on May 08, 2025Kelt Exploration Ltd. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025
分析記事 • Feb 26Market Participants Recognise Kelt Exploration Ltd.'s (TSE:KEL) EarningsWith a price-to-earnings (or "P/E") ratio of 22.4x Kelt Exploration Ltd. ( TSE:KEL ) may be sending very bearish...
お知らせ • Feb 17Kelt Exploration Ltd., Annual General Meeting, Apr 23, 2025Kelt Exploration Ltd., Annual General Meeting, Apr 23, 2025.
Recent Insider Transactions Derivative • Jan 28Vice President of Exploration exercised options and sold CA$305k worth of stockOn the 21st of January, Patrick W. Miles exercised 48k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$7.35 per share. This trade did not impact their existing holding. Since March 2024, Patrick W.'s direct individual holding has increased from 893.84k shares to 903.17k. Company insiders have collectively bought CA$639k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Jan 15Kelt Exploration Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Kelt Exploration Ltd. announced that they will report fiscal year 2024 results Pre-Market on Mar 13, 2025
Recent Insider Transactions Derivative • Jan 10Vice President of Exploration exercised options and sold CA$292k worth of stockOn the 8th of January, Patrick W. Miles exercised 45k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$7.47 per share. This trade did not impact their existing holding. Since March 2024, Patrick W. has owned 893.84k shares directly. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Jan 07Kelt Exploration Ltd. Provides Production Guidance for the First Quarter and Full Year 2025Kelt Exploration Ltd. provided production guidance for the first quarter and full year 2025. Production in 2025 is expected to average between 44,000 and 48,000 BOE per day, up 40% from average production forecasted for 2024. The product mix for 2025 average production is expected to be 37% oil and NGLs and 63% gas. Production during the first quarter of 2025 is expected to average between 37,500 and 39,500 BOE per day, ramping up significantly in the second quarter with the start-up of the CSV Albright Gas Plant in the Company's Wembley/Pipestone Division where Kelt currently has shut-in production from wells already drilled and completed.
分析記事 • Jan 07We Think Kelt Exploration (TSE:KEL) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Dec 20Key Executive recently bought CA$4.0m worth of stockOn the 17th of December, David Wilson bought around 657k shares on-market at roughly CA$6.05 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Nov 24Insider exercised options and sold CA$181k worth of stockOn the 18th of November, Douglas Errico exercised 31k options at a strike price of around CA$0.99 and sold these shares for an average price of CA$6.84 per share. This trade did not impact their existing holding. Since December 2023, Douglas has owned 506.78k shares directly. Company insiders have collectively sold CA$974k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: CA$0.05 (vs CA$0.10 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.05 (down from CA$0.10 in 3Q 2023). Revenue: CA$95.0m (down 6.4% from 3Q 2023). Net income: CA$8.87m (down 56% from 3Q 2023). Profit margin: 9.3% (down from 20% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • Oct 22Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or PricingKelt Exploration Ltd.'s ( TSE:KEL ) price-to-earnings (or "P/E") ratio of 18.7x might make it look like a sell right...
分析記事 • Sep 05Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CA$0.06 (vs CA$0.13 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.06 (down from CA$0.13 in 2Q 2023). Revenue: CA$91.8m (down 11% from 2Q 2023). Net income: CA$10.9m (down 58% from 2Q 2023). Profit margin: 12% (down from 25% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Aug 08Kelt Exploration Ltd. to Report Q3, 2024 Results on Nov 07, 2024Kelt Exploration Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024
分析記事 • Jun 01Is There An Opportunity With Kelt Exploration Ltd.'s (TSE:KEL) 47% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Kelt Exploration fair value estimate is CA$11.95 Kelt...
お知らせ • May 11Kelt Exploration Ltd. to Report Q2, 2024 Results on Aug 08, 2024Kelt Exploration Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024
お知らせ • May 10Kelt Exploration Ltd. Provides Production Guidance for the Year 2024Kelt Exploration Ltd. provided production guidance for the year 2024. For the year, the company expects Oil & NGLs production to be between 14,000 bbls/d to 15,500 bbls/d. Gas production to be between 132,000 Mcf/d to 141,000 Mcf/d. Combined production to be between 36,000 BOE/d to 39,000 BOE/d.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.06 (vs CA$0.085 in 1Q 2023)First quarter 2024 results: EPS: CA$0.06 (down from CA$0.085 in 1Q 2023). Revenue: CA$111.3m (down 8.2% from 1Q 2023). Net income: CA$11.8m (down 28% from 1Q 2023). Profit margin: 11% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Apr 18Insider recently sold CA$143k worth of stockOn the 9th of April, Bruce Gigg sold around 23k shares on-market at roughly CA$6.20 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$936k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Apr 15VP & CFO exercised options and sold CA$171k worth of stockOn the 11th of April, Sadiq Lalani exercised 75.00k options at around CA$2.76, then sold 46k of the shares acquired at an average of CA$6.48 per share and kept the remainder. Since September 2023, Sadiq's direct individual holding has increased from 1.81m shares to 1.82m. Company insiders have collectively sold CA$648k more than they bought, via options and on-market transactions in the last 12 months.
Buy Or Sell Opportunity • Mar 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to CA$6.06. The fair value is estimated to be CA$5.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Recent Insider Transactions Derivative • Mar 21Key Executive exercised options to buy CA$374k worth of stock.On the 18th of March, David Wilson exercised options to buy 64k shares at a strike price of around CA$5.87, costing a total of CA$374k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since March 2023, David's direct individual holding has increased from 23.77m shares to 23.88m. Company insiders have collectively bought CA$225m more than they sold, via options and on-market transactions, in the last 12 months.
Price Target Changed • Mar 11Price target increased by 7.2% to CA$8.93Up from CA$8.33, the current price target is an average from 10 analysts. New target price is 51% above last closing price of CA$5.93. Stock is up 23% over the past year. The company is forecast to post earnings per share of CA$0.48 for next year compared to CA$0.45 last year.
New Risk • Mar 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
お知らせ • Mar 09Kelt Exploration Ltd. to Report Q1, 2024 Results on May 09, 2024Kelt Exploration Ltd. announced that they will report Q1, 2024 results Pre-Market on May 09, 2024
分析記事 • Feb 17An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% UndervaluedKey Insights The projected fair value for Kelt Exploration is CA$8.95 based on 2 Stage Free Cash Flow to Equity Kelt...
お知らせ • Feb 06+ 1 more updateKelt Exploration Ltd. to Report Fiscal Year 2023 Results on Feb 22, 2024Kelt Exploration Ltd. announced that they will report fiscal year 2023 results Pre-Market on Feb 22, 2024
Buy Or Sell Opportunity • Jan 23Now 25% overvaluedOver the last 90 days, the stock has fallen 23% to CA$5.55. The fair value is estimated to be CA$4.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable.
分析記事 • Dec 20Investors Will Want Kelt Exploration's (TSE:KEL) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Recent Insider Transactions Derivative • Nov 19Key Executive exercised options to buy CA$794k worth of stock.On the 15th of November, David Wilson exercised options to buy 110k shares at a strike price of around CA$4.76, costing a total of CA$524k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2022, David's direct individual holding has increased from 23.57m shares to 23.77m. Company insiders have collectively bought CA$225m more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 11Kelt Exploration Ltd. Provides Production Guidance for the Full Year 2023 and 2024Kelt Exploration Ltd. provided production guidance for the full year 2023 and 2024. For the full year 2023, the company expected Oil & NGLs of 11,910 to 12,660 bbls/d, Gas production of 111,540 to 114,540 MMcf/d and total production of 30,500 to 31,750 BOE/d. For the full year 2024, the company expected Oil & NGLs of 14,250 to 15,750 bbls/d, Gas production of 130,500 to 139,500 MMcf/d and total production of 36,000 to 39,000 BOE/d.
お知らせ • Nov 10Kelt Exploration Ltd. to Report Fiscal Year 2023 Results on Mar 08, 2024Kelt Exploration Ltd. announced that they will report fiscal year 2023 results Pre-Market on Mar 08, 2024
分析記事 • Sep 15We Like These Underlying Return On Capital Trends At Kelt Exploration (TSE:KEL)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
お知らせ • Sep 09Kelt Exploration Ltd. Provides Update on New Gas Processing CapacityKelt Exploration Ltd. provided an update on new gas processing capacity acquired through various firm service arrangements that are expected to provide the Company with the ability to double its current production capability over the next three years. This increase in production capability will come while the Company maintains its oil/gas production mix at similar levels to its current production mix. The Company is also providing an update on upcoming plant maintenance that is expected to result in temporary production curtailments in the near term. In its Wembley/Pipestone Division, Kelt expects to increase firm service raw gas processing capacity from 37 MMcf per day to 109 MMcf per day over the next 18 months. The Company has entered into gas processing arrangements with certain midstream companies that are building a new gas processing plant and expanding an existing gas processing plant in the area. The additional 22 MMcf per day of firm service processing capacity that was anticipated by Kelt to become available in the first quarter of 2024, could become available in late December 2023. As the Company prepares to add production upon start-up of the incremental gas processing, Kelt has drilled nine Montney wells at Wembley/Pipestone of which seven have now been completed and the remaining two wells are expected to be completed in October 2023. The Company expects to flow these wells back and use its current gas processing capacity to produce these oilier wells while at the same time shut-in older gassier wells as it awaits the start-up of new incremental processing capacity. Kelt will have access, through ownership interests and firm service arrangements, to five different gas processing plants in the Wembley/Pipestone area, providing the Company with operating flexibility and the ability to significantly grow its production base in the future. In its Pouce Coupe/Progress/Spirit River Division, Kelt currently has access to approximately 72 MMcf per day of raw gas processing capacity through a plant ownership interest and third-party facility firm service arrangements. Kelt expects to increase its overall raw gas processing capacity in the area to 107 MMcf per day over the next two years with incremental firm service arrangements, giving the Company access to five different gas plants in the area. The Company expects to start-up four new Charlie Lake wells in the area during the fourth quarter of 2023. Two wells (100% WI) are in the Company's new area at Pouce Coupe North and the other two wells (50% WI) are at Progress. In its Oak/Flatrock Division, Kelt has the ability to increase firm service raw gas processing capacity from 25 MMcf per day to 90 MMcf per day over the next 30 months through gas processing arrangements with a third-party. Kelt expects to put on production five new Montney wells in October 2023 and expects to have an active drilling program in the area in 2024.
お知らせ • Sep 08Kelt Exploration Ltd. Announces Board ChangesKelt Exploration Ltd. announced that it has appointed Jennifer Haskey as a director of the Company effective September 7, 2023. Ms. Haskey has an extensive engineering background in the Energy Industry, including energy acquisition and divestment advisory services at BMO Capital Markets and business development and commercial analysis experience at Talisman Energy Inc./Repsol Oil &Gas Canada. Ms. Haskey is expected to be appointed as a member of the Reserves Committee and Audit Committee of the Board. The Company also announces that Geri Greenall is retiring from the Kelt Board effective September 7, 2023. Ms. Greenall has been a director of Kelt since December 14, 2017.
Recent Insider Transactions • Aug 16Lead Director recently sold CA$547k worth of stockOn the 10th of August, Geraldine Greenall sold around 79k shares on-market at roughly CA$6.90 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$389k more than they sold in the last 12 months.
お知らせ • Aug 04Kelt Exploration Ltd. to Report Q3, 2023 Results on Nov 09, 2023Kelt Exploration Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023
Major Estimate Revision • May 11Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CA$571.0m to CA$547.5m. EPS estimate also fell from CA$0.54 per share to CA$0.423 per share. Net income forecast to shrink 18% next year vs 22% decline forecast for Oil and Gas industry in Canada. Consensus price target of CA$7.69 unchanged from last update. Share price rose 11% to CA$5.11 over the past week.
Reported Earnings • May 06First quarter 2023 earnings released: EPS: CA$0.09 (vs CA$0.057 in 1Q 2022)First quarter 2023 results: EPS: CA$0.09 (up from CA$0.057 in 1Q 2022). Revenue: CA$121.3m (down 1.9% from 1Q 2022). Net income: CA$16.3m (up 52% from 1Q 2022). Profit margin: 14% (up from 8.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
お知らせ • May 05Kelt Exploration Ltd. to Report Q2, 2023 Results on Aug 03, 2023Kelt Exploration Ltd. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 03, 2023
Recent Insider Transactions • Apr 02Key Executive recently bought CA$367k worth of stockOn the 30th of March, David Wilson bought around 82k shares on-market at roughly CA$4.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$3.2m worth in shares.
Recent Insider Transactions Derivative • Mar 26VP & CFO exercised options to buy CA$78k worth of stock.On the 24th of March, Sadiq Lalani exercised options to buy 18k shares at a strike price of around CA$4.55, costing a total of CA$80k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2022, Sadiq has owned 1.78m shares directly. Company insiders have collectively sold CA$14k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Mar 16Here's Why We Think Kelt Exploration (TSE:KEL) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • Mar 04Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CA$0.83 (up from CA$0.60 in FY 2021). Revenue: CA$547.8m (up 89% from FY 2021). Net income: CA$158.8m (up 39% from FY 2021). Profit margin: 29% (down from 40% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.7%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 08Kelt Exploration Ltd., Annual General Meeting, Apr 19, 2023Kelt Exploration Ltd., Annual General Meeting, Apr 19, 2023, at 15:00 Mountain Standard Time.
Price Target Changed • Jan 22Price target decreased to CA$8.50Down from CA$9.17, the current price target is an average from 13 analysts. New target price is 72% above last closing price of CA$4.95. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of CA$0.76 for next year compared to CA$0.61 last year.
Recent Insider Transactions • Jan 14Key Executive recently bought CA$266k worth of stockOn the 11th of January, David Wilson bought around 57k shares on-market at roughly CA$4.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.9m worth in shares.
Recent Insider Transactions • Dec 14Key Executive recently bought CA$223k worth of stockOn the 9th of December, David Wilson bought around 45k shares on-market at roughly CA$4.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.6m worth in shares.
分析記事 • Dec 09Investors Should Be Encouraged By Kelt Exploration's (TSE:KEL) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$617.0m to CA$606.0m. EPS estimate also fell from CA$0.86 per share to CA$0.77 per share. Net income forecast to grow 23% next year vs 6.4% growth forecast for Oil and Gas industry in Canada. Consensus price target down from CA$9.90 to CA$9.48. Share price fell 6.0% to CA$5.50 over the past week.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: CA$0.12 (vs CA$0.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.12 (up from CA$0.02 in 3Q 2021). Revenue: CA$126.6m (up 87% from 3Q 2021). Net income: CA$23.1m (up CA$19.3m from 3Q 2021). Profit margin: 18% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 14Analysts Are More Bearish On Kelt Exploration Ltd. (TSE:KEL) Than They Used To BeOne thing we could say about the analysts on Kelt Exploration Ltd. ( TSE:KEL ) - they aren't optimistic, having just...
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.12 (vs CA$0.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.12 (up from CA$0.02 in 3Q 2021). Revenue: CA$126.6m (up 87% from 3Q 2021). Net income: CA$23.1m (up CA$19.3m from 3Q 2021). Profit margin: 18% (up from 5.5% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 1.5% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 11Kelt Exploration Ltd. to Report Fiscal Year 2022 Results on Mar 03, 2023Kelt Exploration Ltd. announced that they will report fiscal year 2022 results at 9:30 AM, US Eastern Standard Time on Mar 03, 2023
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$5.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Canada. Total returns to shareholders of 49% over the past three years.
Major Estimate Revision • Sep 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CA$694.5m to CA$617.0m. EPS estimate unchanged from CA$0.89 per share at last update. Oil and Gas industry in Canada expected to see average net income growth of 32% next year. Consensus price target broadly unchanged at CA$10.15. Share price was steady at CA$6.26 over the past week.
分析記事 • Sep 15Is Now The Time To Put Kelt Exploration (TSE:KEL) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Sep 13Kelt Exploration Ltd. Revises Production Guidance for the Year 2022Kelt Exploration Ltd. revised production guidance for the year 2022. For the year, the company is reducing its production guidance to be in a range from 28,500 to 29,500 BOE per day (previously forecasted to be in the range from 30,000 to 31,000 BOE per day).
Recent Insider Transactions Derivative • Sep 04Vice President of Marketing exercised options and sold CA$106k worth of stockOn the 29th of August, Carol Van Brunschot exercised 27k options at a strike price of around CA$2.76 and sold these shares for an average price of CA$6.74 per share. This trade did not impact their existing holding. Since September 2021, Carol's direct individual holding has decreased from 39.74k shares to 28.90k. Company insiders have collectively bought CA$2.8m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Aug 26Independent Director exercised options to buy CA$252k worth of stock.On the 17th of August, Neil Sinclair exercised options to buy 38k shares at a strike price of around CA$6.06, costing a total of CA$230k. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. Since March 2022, Neil has owned 2.53m shares directly. Company insiders have collectively bought CA$2.9m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: CA$0.37 (vs CA$0.29 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.37 (up from CA$0.29 in 2Q 2021). Revenue: CA$160.8m (up 189% from 2Q 2021). Net income: CA$70.7m (up 29% from 2Q 2021). Profit margin: 44% (down from 98% in 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 83% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 05Kelt Exploration Ltd. to Report Q3, 2022 Results on Nov 10, 2022Kelt Exploration Ltd. announced that they will report Q3, 2022 results Pre-Market on Nov 10, 2022
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$6.88, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 83% over the past three years.
Recent Insider Transactions • Jun 29Key Executive recently bought CA$2.3m worth of stockOn the 20th of June, David Wilson bought around 366k shares on-market at roughly CA$6.33 per share. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of CA$6.4m worth in shares.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CA$6.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 61% over the past three years.
Recent Insider Transactions • Jun 11Insider recently sold CA$775k worth of stockOn the 6th of June, Alan Franks sold around 100k shares on-market at roughly CA$7.75 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$1.6m more than they sold in the last 12 months.
Recent Insider Transactions Derivative • Jun 08Vice President of Operations exercised options and sold CA$139k worth of stockOn the 6th of June, Douglas MacArthur exercised 100k options at a strike price of around CA$6.02 and sold these shares for an average price of CA$7.41 per share. This trade did not impact their existing holding. Since September 2021, Douglas' direct individual holding has increased from 960.91k shares to 973.80k. Company insiders have collectively bought CA$1.3m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Jun 01Insider exercised options and sold CA$62k worth of stockOn the 27th of May, Douglas Errico exercised options to acquire 57k shares at no cost and sold these for an average price of CA$1.09 per share. This trade did not impact their existing holding. Since June 2021, Douglas' direct individual holding has increased from 475.48k shares to 488.77k. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Jun 01An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 49% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Kelt Exploration Ltd...
