This company will surprise people. They continue to improve every quarter and increase production with no debt.
H
what is happening?
D
Whoever kelt it dealt it
Y
KEL.TO reached a 52 Week high at 5.71
Y
KEL.TO is down 5.78% to 4.40
Y
KEL.TO is down 6.02% to 5.00
Y
KEL.TO reached a 52 Week high at 5.50
G
Spoke to the Investment Services Department of Kelt yesterday. Have held the stock for years faithfully waiting for it to come back knowing Kelt was a good company.
As a result of excellent pricing for drilling contracts amid a major slow down for drillers, Kelt is employing more rigs. With oil and gas prices climbing to the extent they are, company is doing well, including growing their reserves and eliminating debt. The LNG port on the BC Coastline is about 2 years out for completion by Canada LNG and Kelt is well positioned in terms of distance to feed the pipeline. They have extensive holdings in terms of development area and can drill for gas when more appropriate. Company has lowered expenses to the best of their ability and the prudence is paying off. Keep it going Kelt!
Not sure why nobody isn't talking about this stock?!?! I'm confused. It's analyst price estimate is $2.70'ish; it was trading $4 pre-pandemic, and has been following a consistent uptrend since the pandemic crash. Demand for oil is going up with winter rolling in and I anticipate it only to go up more. The Biden admin is expected to go and turn off cheap oil and shale operations and to revoke Trump's latest oil and gas exploration contracts which will drive oil price up, plus the world is trying to gradually go back to a pace of life and all it's oil demands and will continue to do so as more people are vaccinated, and the logistical demand of a world vaccination program places an importance on transportation not seen pre-pandemic, all of which should continue to push oil upwards and the value of this stock. This stock to me looks like it is a sure bet in the long and with a possibility of continuing making 10% increases every 1-2 wks, all the way up to former pre-pandemic price levels as it has been doing for the longest time now.
t
10 Analysts said buy No one said hold or sell on TD but the stock doesn’t move I can’t figure it out 🤷♂️🤷♂️
T
Great Q1 2021 Report. Increase production 14% with a surplus in cash. Surprise to see this stock not take a big jump.
T
Watch this company! They have a proven track record in the E&P business. With no debt and great assets it got a huge upside coming!
E
I bought this stock before the crash and March and today I am finally in the green and going to keep holding
t
Watch out the giant woke up now
Y
KEL.TO is down 7.50% to 4.07
K
Target raised to $2.75... Montney acreage sold to ConocoPhillips @510 mm.... very very Bullish now👍
C
After the sale transaction, KEL will have an EV/CFO of around 3.4 and EV/EBITDA of 2.6 at the current market cap. These are the TTM earning where we had historically low oil and NG price. Their earning could only improve rapidly from this point.
B
Hoping they spin off a divvy, they will certainly have enough cash to do so. Noting they are growth oriented, and would appear to be positioning themselves for LNG in 24-36 months - positioning for buy-out? The game has totally changed in the last 2 months, let's see what direction they provide tomorrow
for years faithfully waiting for it to come back knowing Kelt was a
good company.
As a result of excellent pricing for drilling contracts
amid a major slow down for drillers, Kelt is employing
more rigs. With oil and gas prices climbing to the extent they are,
company is doing well, including growing their reserves and
eliminating debt. The LNG port on the BC Coastline is about 2 years out
for completion by Canada LNG and Kelt is well positioned in terms of distance to feed
the pipeline. They have extensive holdings in terms of development area and can
drill for gas when more appropriate. Company has lowered expenses to the best of their ability
and the prudence is paying off. Keep it going Kelt!
No one said hold or sell on TD
but the stock doesn’t move
I can’t figure it out 🤷♂️🤷♂️