Kelt Exploration (KEL) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kelt Exploration in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KEL shares.
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7 Wall Street research analysts have issued twelve-month target prices for Kelt Exploration's shares. Their KEL share price forecasts range from C$7.00 to C$9.50. On average, they expect the company's share price to reach C$8.14 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
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Kelt Exploration's stock was trading at C$5.01 at the beginning of 2023. Since then, KEL stock has increased by 44.7% and is now trading at C$7.25.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our KEL earnings forecast.

Kelt Exploration Ltd. (TSE:KEL) issued its earnings results on Thursday, August, 3rd. The oil and gas exploration company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.07. The oil and gas exploration company had revenue of $110.06 million for the quarter. Kelt Exploration had a net margin of 24.52% and a trailing twelve-month return on equity of 13.52%.

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), CA (CA), Precision Drilling (PD), Air Canada (AC), BlackRock (BLK), Baytex Energy (BTE), Canadian Natural Resources (CNQ) and Surge Energy (SGY).

Kelt Exploration trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KEL."

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.
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One share of KEL stock can currently be purchased for approximately C$7.25.

Kelt Exploration (TSE:KEL) has a market capitalization of C$1.40 billion and generates C$487.28 million in revenue each year. The oil and gas exploration company earns C$119.46 million in net income (profit) each year or C$0.62 on an earnings per share basis.

Kelt Exploration's mailing address is East Tower, S.W. Suite 300, 311 6 Ave SW, CALGARY, AB T2P 3H2, Canada. The official website for the company is www.keltexploration.com. The oil and gas exploration company can be reached via phone at +1-403-2940154.