TSX

Kelt Exploration Ltd.

KEL.TO•Energy•Oil & Gas Exploration & Production
Current Price
$11.72
Today's Change
+1.43%
Market Cap
$2.35B
Volume
265.18K
🛢️

Commodity Exposure

Crude Oil

Current Price
$98.41/barrel
+1.30% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Kelt Exploration Ltd. is an oil and gas company focused on the exploration, development, and production of crude oil and natural gas in Alberta and British Columbia. The company shows strong profitability with a gross margin of 56.0% and an EBITDA margin of 52.4%, indicating efficient operations. However, its liquidity ratios (current and quick ratios at 0.64) suggest potential short-term financial strain. Additionally, while the margins are robust, the return on equity (3.7%) and return on assets (2.5%) are relatively low, raising concerns about overall capital efficiency.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$11.94
52 Week Low$6.07
Avg Volume741.74K
Beta0.33
Shares Outstanding203.00M

🔥 Valuation

Market Cap$2.35B
Enterprise Value$2.56B
P/E Ratio42.36
EV/EBITDA ⚠️6.26x
Dividend Yield0.00%

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🚩 Red Flags

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High Debt Load

Debt of $187.9M is 74.4x the company's cash position of $2.5M.

🌟 Opportunities

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Exceptional revenue growth of 34.5% YoY demonstrates strong market demand and competitive positioning.

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Gross margin expanded by 34.2 percentage points, indicating improved pricing power or cost efficiency.

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Exceptional gross margin of 62.1% indicates strong pricing power and competitive moat.

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Excellent operating cash flow margin of 48.3% indicates high-quality earnings.

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Operating cash flow of $311.2M exceeds net income by 446%, indicating high-quality earnings with strong cash conversion.

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