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.
Overvalued with concerning outlook.
Share Price & News
How has Kelt Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KEL's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: KEL underperformed the Canadian Oil and Gas industry which returned -32.2% over the past year.
Return vs Market: KEL underperformed the Canadian Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Kelt Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StShould You Worry About Kelt Exploration Ltd.’s (TSE:KEL) ROCE?
3 months ago | Simply Wall StWe're Not Counting On Kelt Exploration (TSE:KEL) To Sustain Its Statutory Profitability
3 months ago | Simply Wall StDowngrade: Here's How Analysts See Kelt Exploration Ltd. (TSE:KEL) Performing In The Near Term
Is Kelt Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KEL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KEL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KEL is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: KEL is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KEL is good value based on its PB Ratio (0.4x) compared to the CA Oil and Gas industry average (0.8x).
How is Kelt Exploration forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KEL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: KEL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: KEL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: KEL's revenue (9.4% per year) is forecast to grow faster than the Canadian market (5.5% per year).
High Growth Revenue: KEL's revenue (9.4% per year) is forecast to grow slower 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
How has Kelt Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEL is currently unprofitable.
Growing Profit Margin: KEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KEL is unprofitable, but has reduced losses over the past 5 years at a rate of 42.1% per year.
Accelerating Growth: Unable to compare KEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KEL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: KEL has a negative Return on Equity (-9.04%), as it is currently unprofitable.
How is Kelt Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: KEL's short term assets (CA$80.3M) do not cover its short term liabilities (CA$115.0M).
Long Term Liabilities: KEL's short term assets (CA$80.3M) do not cover its long term liabilities (CA$643.4M).
Debt to Equity History and Analysis
Debt Level: KEL's debt to equity ratio (49.8%) is considered high.
Reducing Debt: KEL's debt to equity ratio has increased from 16.8% to 49.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if KEL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KEL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Kelt Exploration current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KEL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Wilson (60yo)
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. ...
|CEO, President & Director||7.75yrs||CA$302.48k||8.6% CA$25.4m|
|VP & CFO||7.75yrs||CA$388.61k||0.89% CA$2.6m|
|Vice President of Operations||7.75yrs||CA$366.39k||0.50% CA$1.5m|
|Vice President of Exploration||7.75yrs||CA$366.39k||0.45% CA$1.3m|
|Vice President of Marketing||2yrs||no data||0.015% CA$45.2k|
Experienced Management: KEL's management team is seasoned and experienced (7.8 years average tenure).
|CEO, President & Director||7.75yrs||CA$302.48k||8.6% CA$25.4m|
|Independent Director||7.75yrs||CA$48.68k||1.35% CA$4.0m|
|Independent Director||2.25yrs||CA$103.97k||0.29% CA$854.6k|
|Independent Director||2.58yrs||CA$48.68k||0.020% CA$60.4k|
|Chairman||no data||no data||no data|
Experienced Board: KEL's board of directors are considered experienced (5.2 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 been diluted in the past year, with total shares outstanding growing by 2.1%.
Kelt Exploration Ltd.'s company bio, 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
- Market Cap: CA$295.012m
- Shares outstanding: 187.91m
- Website: https://www.keltexploration.com
Number of Employees
- Kelt Exploration Ltd.
- East Tower
- Suite 300
- T2P 3H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KEL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 2013|
|KELT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2013|
|2KE||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2013|
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. As of December 31, 2019, its proved plus probable reserves were 461.0 million barrels of oil equivalent. The company markets and sells its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 23:56|
|End of Day Share Price||2020/07/08 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.