Kelt Exploration Ltd. (KEL) is a Canadian oil and gas company engaged in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada1. Here is some key information about the company:
- Stock Performance: As of the latest data, KEL's stock price was trading at C$5.972. The stock has shown an increase of 5.8% since the beginning of the year, trading at C$6.053.
- Financial Ratios:
- Market Capitalization: C$1.181 billion4.
- Beta: 2.04, indicating higher volatility compared to the broader market4.
- P/E Ratio (TTM): 13.954, suggesting that the stock may be reasonably valued based on the trailing twelve months earnings.
- EPS (TTM): C$0.424, reflecting the company's earnings per share over the past twelve months.
- Analyst Ratings and Price Targets:
- KEL has received strong buy ratings from 6 Wall Street analysts, with an average 12-month price target of C$8.922. This represents a significant upside of 49.39% from the last price of C$5.97.
- The highest price target is C$10.00, and the lowest is C$8.002.
- Earnings and Financial Dates: The company's financial year ends on December 31, and the latest earnings report is expected on August 01, 2024 - August 05, 20244.
In conclusion, KEL is a Canadian oil and gas exploration company with a history of stable production and a strong presence in Western Canada. The company's stock is currently trading below the average analyst price target, suggesting potential for growth. However, investors should consider the inherent risks associated with the oil and gas industry, including fluctuations in commodity prices and regulatory changes.