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Kelt Exploration TSX:KEL Stock Report

Last Price

CA$6.79

Market Cap

CA$1.3b

7D

4.0%

1Y

18.7%

Updated

30 Dec, 2024

Data

Company Financials +

Kelt Exploration Ltd.

TSX:KEL Stock Report

Market Cap: CA$1.3b

KEL Stock Overview

An oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. More details

KEL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 62.1% below our estimate of its fair value

Revenue is forecast to grow 46.32% per year

Analysts in good agreement that stock price will rise by 31.3%

Risk Analysis

Profit margins (13.5%) are lower than last year (25.2%)


My Notes

Capture your thoughts, links and company narrative

Kelt Exploration Ltd. Competitors

Parex Resources

TSX:PXT

CA$1.3b

Kiwetinohk Energy

TSX:KEC

CA$1.4b

Cardinal Energy

TSX:CJ

CA$1.0b

Freehold Royalties

TSX:FRU

CA$1.9b

Price History & Performance

Summary of share price highs, lows and changes for Kelt Exploration
Historical stock prices
Current Share PriceCA$6.79
52 Week HighCA$7.20
52 Week LowCA$5.01
Beta1.82
1 Month Change0.89%
3 Month Change6.43%
1 Year Change18.71%
3 Year Change40.87%
5 Year Change37.17%
Change since IPO25.74%

Recent News & Updates

Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or Pricing

Oct 22
Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or Pricing

Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance Sheet

Sep 05
Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance Sheet

Recent updates

Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or Pricing

Oct 22
Kelt Exploration Ltd. (TSE:KEL) Not Lagging Market On Growth Or Pricing

Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance Sheet

Sep 05
Kelt Exploration (TSE:KEL) Has A Somewhat Strained Balance Sheet

Is There An Opportunity With Kelt Exploration Ltd.'s (TSE:KEL) 47% Undervaluation?

Jun 01
Is There An Opportunity With Kelt Exploration Ltd.'s (TSE:KEL) 47% Undervaluation?

An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% Undervalued

Feb 17
An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 37% Undervalued

Investors Will Want Kelt Exploration's (TSE:KEL) Growth In ROCE To Persist

Dec 20
Investors Will Want Kelt Exploration's (TSE:KEL) Growth In ROCE To Persist

We Like These Underlying Return On Capital Trends At Kelt Exploration (TSE:KEL)

Sep 15
We Like These Underlying Return On Capital Trends At Kelt Exploration (TSE:KEL)

Here's Why We Think Kelt Exploration (TSE:KEL) Might Deserve Your Attention Today

Mar 16
Here's Why We Think Kelt Exploration (TSE:KEL) Might Deserve Your Attention Today

Investors Should Be Encouraged By Kelt Exploration's (TSE:KEL) Returns On Capital

Dec 09
Investors Should Be Encouraged By Kelt Exploration's (TSE:KEL) Returns On Capital

Analysts Are More Bearish On Kelt Exploration Ltd. (TSE:KEL) Than They Used To Be

Nov 14
Analysts Are More Bearish On Kelt Exploration Ltd. (TSE:KEL) Than They Used To Be

Is Now The Time To Put Kelt Exploration (TSE:KEL) On Your Watchlist?

Sep 15
Is Now The Time To Put Kelt Exploration (TSE:KEL) On Your Watchlist?

An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 49% Undervalued

Jun 01
An Intrinsic Calculation For Kelt Exploration Ltd. (TSE:KEL) Suggests It's 49% Undervalued

Kelt Exploration (TSE:KEL) Is Experiencing Growth In Returns On Capital

May 11
Kelt Exploration (TSE:KEL) Is Experiencing Growth In Returns On Capital

Shareholder Returns

KELCA Oil and GasCA Market
7D4.0%2.0%0.9%
1Y18.7%14.2%15.7%

Return vs Industry: KEL exceeded the Canadian Oil and Gas industry which returned 14.2% over the past year.

Return vs Market: KEL exceeded the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is KEL's price volatile compared to industry and market?
KEL volatility
KEL Average Weekly Movement4.8%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: KEL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: KEL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201279David Wilsonwww.keltexploration.com

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd.

Kelt Exploration Ltd. Fundamentals Summary

How do Kelt Exploration's earnings and revenue compare to its market cap?
KEL fundamental statistics
Market capCA$1.31b
Earnings (TTM)CA$55.40m
Revenue (TTM)CA$409.25m

24.1x

P/E Ratio

3.3x

P/S Ratio

Is KEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KEL income statement (TTM)
RevenueCA$409.25m
Cost of RevenueCA$177.05m
Gross ProfitCA$232.19m
Other ExpensesCA$176.79m
EarningsCA$55.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin56.74%
Net Profit Margin13.54%
Debt/Equity Ratio4.3%

How did KEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 03:00
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kelt Exploration Ltd. is covered by 22 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Jeremy McCreaBMO Capital Markets Equity Research
Randy OllenbergerBMO Capital Markets Equity Research