KEL Stock Overview
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada.
Kelt Exploration Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$6.32|
|52 Week High||CA$8.32|
|52 Week Low||CA$2.83|
|1 Month Change||8.22%|
|3 Month Change||-2.77%|
|1 Year Change||119.44%|
|3 Year Change||133.21%|
|5 Year Change||8.41%|
|Change since IPO||17.04%|
Recent News & Updates
|KEL||CA Oil and Gas||CA Market|
Return vs Industry: KEL exceeded the Canadian Oil and Gas industry which returned 51.6% over the past year.
Return vs Market: KEL exceeded the Canadian Market which returned 2.1% over the past year.
|KEL Average Weekly Movement||8.0%|
|Oil and Gas Industry Average Movement||11.1%|
|Market Average Movement||10.5%|
|10% most volatile stocks in CA Market||18.9%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: KEL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: KEL's weekly volatility (8%) has been stable over the past year.
About the Company
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies. As of December 31, 2021, it had proved developed producing reserves of 43.9 million barrels of oil equivalent (BOE); total proved reserves of 134.1 million BOE; and total proved plus probable reserves of 254.1 million BOE.
Kelt Exploration Fundamentals Summary
|KEL fundamental statistics|
Is KEL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KEL income statement (TTM)|
|Cost of Revenue||CA$127.61m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 10, 2022
|Earnings per share (EPS)||0.72|
|Net Profit Margin||29.85%|
How did KEL perform over the long term?See historical performance and comparison
Is KEL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KEL?
Other financial metrics that can be useful for relative valuation.
|What is KEL's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does KEL's PE Ratio compare to its peers?
|KEL PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FEC Frontera Energy
CJ Cardinal Energy
ATH Athabasca Oil
KEC Kiwetinohk Energy
KEL Kelt Exploration
Price-To-Earnings vs Peers: KEL is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (17x).
Price to Earnings Ratio vs Industry
How does KEL's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: KEL is expensive based on its Price-To-Earnings Ratio (8.8x) compared to the Canadian Oil and Gas industry average (6x)
Price to Earnings Ratio vs Fair Ratio
What is KEL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KEL's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of KEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KEL (CA$6.32) is trading below our estimate of fair value (CA$32.84)
Significantly Below Fair Value: KEL is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Kelt Exploration forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if KEL's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if KEL's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if KEL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KEL's revenue (24.4% per year) is forecast to grow faster than the Canadian market (6.6% per year).
High Growth Revenue: KEL's revenue (24.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KEL's Return on Equity is forecast to be high in 3 years time
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How has Kelt Exploration performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEL has a high level of non-cash earnings.
Growing Profit Margin: KEL's current net profit margins (29.9%) are lower than last year (30.3%).
Past Earnings Growth Analysis
Earnings Trend: KEL has become profitable over the past 5 years, growing earnings by 2.5% per year.
Accelerating Growth: KEL's earnings growth over the past year (132.4%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: KEL earnings growth over the past year (132.4%) underperformed the Oil and Gas industry 158.3%.
Return on Equity
High ROE: KEL's Return on Equity (16.9%) is considered low.
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How is Kelt Exploration's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: KEL's short term assets (CA$98.7M) do not cover its short term liabilities (CA$116.2M).
Long Term Liabilities: KEL's short term assets (CA$98.7M) do not cover its long term liabilities (CA$100.4M).
Debt to Equity History and Analysis
Debt Level: KEL is debt free.
Reducing Debt: KEL has no debt compared to 5 years ago when its debt to equity ratio was 16.4%.
Debt Coverage: KEL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KEL has no debt, therefore coverage of interest payments is not a concern.
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What is Kelt Exploration current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KEL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KEL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as KEL has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Wilson (62 yo)
Mr. David John Wilson has been the Chief Executive Officer and President of Kelt Exploration Ltd. since October 11, 2012. Mr. Wilson was President and the Chief Executive Officer of Celtic Exploration Ltd....
Experienced Management: KEL's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: KEL's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KEL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kelt Exploration Ltd.'s employee growth, exchange listings and data sources
- Name: Kelt Exploration Ltd.
- Ticker: KEL
- Exchange: TSX
- Founded: 2012
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$1.211b
- Shares outstanding: 191.68m
- Website: https://www.keltexploration.com
Number of Employees
- Kelt Exploration Ltd.
- East Tower
- Suite 300
- T2P 3H2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/18 00:00|
|End of Day Share Price||2022/08/18 00:00|
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.