Should I buy or sell Kelt Exploration stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kelt Exploration in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KEL shares. View KEL analyst ratings or view top-rated stocks .

What is Kelt Exploration's stock price target for 2024?

6 equities research analysts have issued 1-year price targets for Kelt Exploration's shares. Their KEL share price targets range from C$7.50 to C$9.50. On average, they predict the company's share price to reach C$8.36 in the next year. This suggests a possible upside of 39.8% from the stock's current price. View analysts price targets for KEL or view top-rated stocks among Wall Street analysts .

How have KEL shares performed in 2024?

Kelt Exploration's stock was trading at C$5.72 at the beginning of 2024. Since then, KEL shares have increased by 4.5% and is now trading at C$5.98. View the best growth stocks for 2024 here .

When is Kelt Exploration's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our KEL earnings forecast .

How were Kelt Exploration's earnings last quarter?

Kelt Exploration Ltd. (TSE:KEL) issued its quarterly earnings results on Friday, March, 8th. The oil and gas exploration company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The oil and gas exploration company earned $129 million during the quarter. Kelt Exploration had a trailing twelve-month return on equity of 9.03% and a net margin of 19.70%.

What other stocks do shareholders of Kelt Exploration own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kelt Exploration investors own include MEG Energy (MEG) , Whitecap Resources (WCP) , Cenovus Energy (CVE) , Xtrackers California Municipal Bond ETF (CA) , Precision Drilling (PD) , Air Canada (AC) , BlackRock (BLK) , Baytex Energy (BTE) , Canadian Natural Resources (CNQ) and Surge Energy (SGY) .

How do I buy shares of Kelt Exploration?

Shares of KEL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:KEL

Kelt Exploration (KEL) Stock Price, News & Analysis

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C$5.98

-0.03 (-0.50%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$5.95
▼
C$6.07
50-Day Range: C$5.28
▼
C$6.67
52-Week Range: C$4.56
▼
C$8.16

Volume: 158,133 shs
Average Volume: 274,914 shs
Market Capitalization: C$1.16 billion

P/E Ratio: 13.59
Dividend Yield: N/A
Price Target: C$8.36

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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Kelt Exploration MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 39.8% Upside
C$8.36 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.49
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$696,932 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.66 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Kelt Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Kelt Exploration has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for KEL.

0.0

Dividend Strength

Dividend Yield
Kelt Exploration does not currently pay a dividend.
Dividend Growth
Kelt Exploration does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KEL.

2.5

News and Social Media Coverage

News Sentiment
Kelt Exploration has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Kelt Exploration this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Kelt Exploration to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kelt Exploration insiders have sold 5,766.43% more of their company's stock than they have bought. Specifically, they have bought C$11,880.00 in company stock and sold C$696,932.00 in company stock.
Percentage Held by Insiders
15.94% of the stock of Kelt Exploration is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.20% of the stock of Kelt Exploration is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Kelt Exploration is 13.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kelt Exploration is 13.59, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.01.
Price to Book Value per Share Ratio
Kelt Exploration has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Kelt Exploration Stock (TSE:KEL)

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. was incorporated in 2012 and is headquartered in Calgary, Canada.

KEL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KEL Stock News Headlines

April 11, 2024 | insidertrades.com

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells C$183,600.00 in Stock

April 10, 2024 | insidertrades.com

Kelt Exploration Ltd. (TSE:KEL) Director Purchases C$11,880.00 in Stock

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 4, 2024 | insidertrades.com

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Bruce Douglas Gigg Sells 27,000 Shares

March 27, 2024 | insidertrades.com

Alan G. Franks Sells 15,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

March 22, 2024 | insidertrades.com

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Jeffery Errico Sells 40,000 Shares

March 19, 2024 | insidertrades.com

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan Sells 2,500 Shares

April 17, 2024 | americanbankingnews.com

Brokerages Set Kelt Exploration Ltd. (TSE:KEL) Price Target at C$8.36

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | finance.yahoo.com

Kelt Exploration (TSE:KEL) shareholders have earned a 35% CAGR over the last three years

April 12, 2024 | americanbankingnews.com

Bruce Douglas Gigg Sells 30,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

April 11, 2024 | msn.com

TSX Bruised Thursday

April 11, 2024 | markets.businessinsider.com

TSX Recovers After Falling To 2-week Low, Ends 0.4% Down

April 10, 2024 | msn.com

TSX Drops Wednesday

April 10, 2024 | americanbankingnews.com

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan Purchases 12,000 Shares

April 10, 2024 | americanbankingnews.com

Kelt Exploration (TSE:KEL) Given a C$8.50 Price Target at BMO Capital Markets

March 23, 2024 | wsj.com

Kelt Exploration Ltd.

March 20, 2024 | markets.businessinsider.com

Positive Report for Kelt Exploration (KELTF) from TD Securities

March 20, 2024 | msn.com

Futures steady ahead of Fed rate decision

March 20, 2024 | msn.com

Toronto stocks rise ahead of Fed rate decision

March 11, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Energy Stocks: AltaGas (ATGFF), Kelt Exploration (KELTF)

March 1, 2024 | msn.com

Stocks Surge in Toronto

February 28, 2024 | financialpost.com

Oilpatch spending forecast to rise to $40 billion as natural gas producers 'penny-pinch'

February 28, 2024 | msn.com

Varcoe: Canadian oilpatch spending forecast to rise to $40B, even as natural gas producers 'penny-pinch'

February 27, 2024 | msn.com

Varcoe: Canadian oilpatch spending forecast to rise in 2024 even as natural gas producers 'penny-pinch'

February 22, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Thursday, February 22

February 22, 2024 | finance.yahoo.com

Kelt Reports Significant Increases in Oil & Gas Reserves and Provides an Operations Update

See More Headlines

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Company Calendar

Last Earnings: 3/08/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:KEL
CUSIP: N/A
CIK: N/A
Web: www.keltexploration.com
Phone: +1-403-2940154
Fax: N/A
Employees: 77
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$8.36
High Stock Price Target: C$9.50
Low Stock Price Target: C$7.50
Potential Upside/Downside: +39.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.44
Trailing P/E Ratio: 13.59
Forward P/E Ratio: 12.46
P/E Growth: N/A
Net Income: C$85.97 million
Net Margins: 19.70%
Pretax Margin: N/A
Return on Equity: 9.03%
Return on Assets: 6.14%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 0.83
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: C$436.41 million
Price / Sales: 2.67
Cash Flow: C$0.13 per share
Price / Cash Flow: 45.09
Book Value: C$5.16 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 194,500,000
Free Float: N/A
Market Cap: C$1.16 billion
Optionable: Not Optionable
Beta: 2.10

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Key Executives

Mr. David John Wilson (Age 64)
CEO, President & Non-Independent Director
Comp: $145k
Mr. Sadiq H. Lalani
VP & CFO
Mr. Douglas O. MacArthur
Vice President of Operations
Mr. Douglas Jeffery Errico
Senior Vice President of Land & Corporate Development
Mr. Patrick W. G. Miles
Vice President of Exploration
Ms. Louise K. Lee
Company Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

KEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Kelt Exploration stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kelt Exploration in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KEL shares.
View KEL analyst ratings or view top-rated stocks.
What is Kelt Exploration's stock price target for 2024?: 6 equities research analysts have issued 1-year price targets for Kelt Exploration's shares. Their KEL share price targets range from C$7.50 to C$9.50. On average, they predict the company's share price to reach C$8.36 in the next year. This suggests a possible upside of 39.8% from the stock's current price.
View analysts price targets for KEL or view top-rated stocks among Wall Street analysts.
How have KEL shares performed in 2024?: Kelt Exploration's stock was trading at C$5.72 at the beginning of 2024. Since then, KEL shares have increased by 4.5% and is now trading at C$5.98.
View the best growth stocks for 2024 here.
When is Kelt Exploration's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our KEL earnings forecast.

How were Kelt Exploration's earnings last quarter?: Kelt Exploration Ltd. (TSE:KEL) issued its quarterly earnings results on Friday, March, 8th. The oil and gas exploration company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The oil and gas exploration company earned $129 million during the quarter. Kelt Exploration had a trailing twelve-month return on equity of 9.03% and a net margin of 19.70%.
What other stocks do shareholders of Kelt Exploration own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Kelt Exploration investors own include MEG Energy (MEG), Whitecap Resources (WCP), Cenovus Energy (CVE), Xtrackers California Municipal Bond ETF (CA), Precision Drilling (PD), Air Canada (AC), BlackRock (BLK), Baytex Energy (BTE), Canadian Natural Resources (CNQ) and Surge Energy (SGY).
How do I buy shares of Kelt Exploration?: Shares of KEL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:KEL) was last updated on 4/19/2024 by MarketBeat.com Staff

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Kelt Exploration (KEL) Stock Price, News & Analysis

Kelt Exploration MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kelt Exploration Stock (TSE:KEL)

KEL Stock Price History

KEL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

KEL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™