TSX:KELOil and Gas
Is Kelt Exploration's (TSX:KEL) Self‑Funded Growth Plan Tightening Its Margin of Safety?
In early January 2026, Kelt Exploration Ltd. issued production and earnings guidance for 2025 and 2026, including planned combined output of 40,000–41,000 BOE per day in 2025 and 50,000–52,000 BOE per day in 2026, with budgeted petroleum and natural gas sales of about C$536.1 million and C$682.0 million respectively.
The company also projected adjusted funds from operations of C$355.0 million in 2026 alongside a C$355.0 million capital program, highlighting management’s confidence in funding...