TSX:KELOil and Gas
Kelt Exploration (TSX:KEL) Net Margin Improvement Tests Bullish Growth Narratives
Kelt Exploration (TSX:KEL) has wrapped up FY 2025 with fourth quarter revenue of $132.6 million and basic EPS of $0.10, capping a trailing twelve month run that produced $467.0 million in revenue and EPS of $0.32. The company has seen revenue move from $413.7 million and EPS of $0.23 on a trailing basis in Q4 2024 to $467.0 million and $0.32 respectively in Q4 2025, alongside a net profit margin of 13.5% compared with 11% a year earlier. This puts the spotlight firmly on how sustainably Kelt...