KELT EXPLORATION LTD chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.44
Dividend & YieldN/AC$ (N/A)
Beta 2.67
Market capitalization 1.12B
Operating cash flow 255.78M
ESG Scores unknown

Company description

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies. As of December 31, 2021, it had proved developed producing reserves of 43.9 million barrels of oil equivalent (BOE); total proved reserves of 134.1 million BOE; and total proved plus probable reserves of 254.1 million BOE. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio0.66
Working Capital-4.42
Return On Equity0.16
Debt To Equity0
Fixed Asset Ratio0.79
Fixed Interest Cover309.24

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -297.69M -308.73M 326.61M -191.54M
Net Borrowings 77.42M 130.78M -362.96M 405k
Total Cash From Financing Activities 114.05M 148.17M -362.68M 973k
Change To Operating Activities 538k -17.7M 2.39M 1.9M
Issuance Of Stock 37.46M 17.44M 277k 568k
Net Income 8.15M 6.57M -324.81M 114.26M
Change In Cash 2.76M 1.91M 23.2M -30.85M
Effect Of Exchange Rate 15k -11k -1k 2k
Total Cash From Operating Activities 186.38M 162.49M 59.28M 159.71M
Depreciation 164.37M 164.44M 377.13M 24.05M
Change To Account Receivables
Other Cashflows From Financing Activities -831k -46k
Change To Netincome 9.37M 4.77M 920k 19.5M
Capital Expenditures -295.57M -321.33M -152.1M -222.36M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 22.85M 9.41M -413.12M 135.69M
Net Income 8.15M 6.57M -324.81M 114.26M
Selling General Administrative 8.22M 8.89M 7.32M 9.25M
Gross Profit 208.52M 207.41M 67.9M 187.24M
Ebit 26.52M 21.41M -308.03M 136.07M
Operating Income 26.52M 21.41M -308.03M 136.07M
Interest Expense -14M -19.78M -16.15M -440k
Income Tax Expense 14.7M 2.83M -88.31M 21.44M
Total Revenue 358.58M 375.06M 196.8M 289.35M
Cost Of Revenue 150.05M 167.64M 128.91M 102.11M
Total Other Income ExpenseNet -3.66M -12M -105.08M -375k
Net Income From Continuing Ops 8.15M 6.57M -324.81M 114.26M
Net Income Applicable To Common Shares 8.15M 6.57M -324.81M 114.26M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 529.73M 682.4M 156.3M 190.77M
Total Stockholder Equity 893.8M 923.06M 603.68M 722.72M
Other Current Liabilities 1.55M 5.75M 3.38M 3.5M
Total Assets 1.42B 1.61B 759.99M 913.5M
Common Stock 1.12B 1.14B 1.14B 1.14B
Other Current Assets 3.25M 189k 2.76M 5.34M
Retained Earnings -200.32M -193.97M -518.78M -404.52M
Treasury Stock -44.83M -57.67M -19.05M -17.35M
Cash 6.46M 8.37M 31.57M 719k
Total Current Liabilities 85.08M 83.64M 40.63M 76.57M
Other Stockholder Equity -44.83M -57.67M -19.05M -17.35M
Property, Plant, and Equipment 1.36B 1.54B 661.22M 852.33M
Total Current Assets 57.55M 55.56M 66.89M 50.72M
Net Tangible Assets 893.8M 923.06M 603.68M 722.72M
Net Receivables 46.18M 44.78M 20.87M 42.58M
Accounts Payable 83.53M 76.07M 36.56M 72.45M


Insider Transactions

Here are the insider transactions of stock shares related to KELT EXPLORATION LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Vellutini (Janet Elizabeth)Acquisition or disposition in the public market at price 3.93 per share.D2022-10-18Director of Issuer7.5k
Van Brunschot (Carolyn)Acquisition or disposition in the public market at price 5.18 per share.D2022-08-29Senior Officer of Issuer26.67k
Van Brunschot (Carolyn)Exercise of options at price 2.12 per share.D2022-08-29Senior Officer of Issuer26.67k
Wilson (David John)Exercise of rights at price 4.86 per share.D2022-08-1910% Security Holder of Issuer25k
Sinclair (Neil Graham)Exercise of options at price 4.69 per share.D2022-08-17Director of Issuer38k
Gigg, Bruce DouglasExercise of options at price 4.72 per share.D2022-08-16Senior Officer of Issuer20k
Gigg, Bruce DouglasAcquisition or disposition in the public market at price 4.91 per share.D2022-08-16Senior Officer of Issuer20k
Gigg, Bruce DouglasExercise of options at price 4.75 per share.D2022-08-11Senior Officer of Issuer5k
Gigg, Bruce DouglasAcquisition or disposition in the public market at price 5.25 per share.D2022-08-11Senior Officer of Issuer5k
Wilson (David John)Acquisition or disposition in the public market at price 4.81 per share.D2022-06-2010% Security Holder of Issuer82k
Wilson (David John)Acquisition or disposition in the public market at price 4.91 per share.D2022-06-1710% Security Holder of Issuer283.6k
Miles, Patrick William GeorgeExercise of options at price 4.83 per share.D2022-06-08Senior Officer of Issuer45k
Miles, Patrick William GeorgeAcquisition or disposition in the public market at price 6.58 per share.D2022-06-08Senior Officer of Issuer45k
Miles, Patrick William GeorgeExercise of options at price 4.84 per share.D2022-06-07Senior Officer of Issuer5k
Miles, Patrick William GeorgeAcquisition or disposition in the public market at price 6.39 per share.D2022-06-07Senior Officer of Issuer5k
Errico, Douglas JefferyExercise of options at price 4.82 per share.D2022-06-06Senior Officer of Issuer33.33k
Errico, Douglas JefferyAcquisition or disposition in the public market at price 6.22 per share.D2022-06-06Senior Officer of Issuer33.33k
Franks (Alan G)Acquisition or disposition in the public market at price 6.16 per share.I2022-06-06Senior Officer of Issuer100k
Gigg, Bruce DouglasExercise of options at price 4.82 per share.D2022-06-06Senior Officer of Issuer25k
Gigg, Bruce DouglasAcquisition or disposition in the public market at price 6.35 per share.D2022-06-06Senior Officer of Issuer25k
Macarthur, Douglas OwenExercise of options at price 4.82 per share.D2022-06-06Senior Officer of Issuer40k
Macarthur, Douglas OwenAcquisition or disposition in the public market at price 6.12 per share.D2022-06-06Senior Officer of Issuer40k
Miles, Patrick William GeorgeExercise of options at price 4.82 per share.D2022-06-06Senior Officer of Issuer50k
Miles, Patrick William GeorgeAcquisition or disposition in the public market at price 6.16 per share.D2022-06-06Senior Officer of Issuer50k
Macarthur, Douglas OwenExercise of options at price 4.81 per share.D2022-06-03Senior Officer of Issuer30k
Macarthur, Douglas OwenExercise of options at price 5.80 per share.D2022-06-03Senior Officer of Issuer30k
Macarthur, Douglas OwenExercise of options at price 4.79 per share.D2022-05-30Senior Officer of Issuer30k
Macarthur, Douglas OwenAcquisition or disposition in the public market at price 5.75 per share.D2022-05-30Senior Officer of Issuer30k
Errico, Douglas JefferyExercise of options at price 4.76 per share.D2022-05-27Senior Officer of Issuer16.67k
Errico, Douglas JefferyAcquisition or disposition in the public market at price 5.59 per share.D2022-05-27Senior Officer of Issuer40.17k
Errico, Douglas JefferyAcquisition or disposition in the public market at price 5.67 per share.D2022-05-27Senior Officer of Issuer16.67k
Gillis, David AExercise of options at price 2.17 per share.D2022-05-27Senior Officer of Issuer30k
Gillis, David AAcquisition or disposition in the public market at price 5.70 per share.D2022-05-27Senior Officer of Issuer30k
Errico, Douglas JefferyExercise of options at price 4.75 per share.D2022-05-26Senior Officer of Issuer40.17k
Franks (Alan G)Acquisition or disposition in the public market at price 5.79 per share.I2022-04-18Senior Officer of Issuer47.7k
Franks (Alan G)Exercise of options at price 4.82 per share.D2022-04-13Senior Officer of Issuer100k
Franks (Alan G)Acquisition or disposition in the public market at price 5.67 per share.D2022-04-13Senior Officer of Issuer100k
Franks (Alan G)Acquisition or disposition in the public market at price 5.77 per share.D2022-04-13Senior Officer of Issuer1.94k
Franks (Alan G)Acquisition or disposition in the public market at price 5.77 per share.I2022-04-13Senior Officer of Issuer92.6k
Gigg, Bruce DouglasExercise of options at price 4.82 per share.D2022-04-13Senior Officer of Issuer25k
Gigg, Bruce DouglasAcquisition or disposition in the public market at price 5.65 per share.D2022-04-13Senior Officer of Issuer25k
Guinan (William Charles)Exercise of options at price 2.20 per share.D2022-04-13Director of Issuer20k
Guinan (William Charles)Acquisition or disposition in the public market at price 5.76 per share.D2022-04-13Director of Issuer20k
Van Brunschot (Carolyn)Exercise of options at price 0.79 per share.D2022-04-06Senior Officer of Issuer30.3k
Van Brunschot (Carolyn)Acquisition or disposition in the public market at price 5.32 per share.D2022-04-06Senior Officer of Issuer30.3k
Van Brunschot (Carolyn)Exercise of options at price 0.79 per share.D2022-04-04Senior Officer of Issuer700
Van Brunschot (Carolyn)Acquisition or disposition in the public market at price 5.49 per share.D2022-04-04Senior Officer of Issuer700
Van Brunschot (Carolyn)Acquisition or disposition in the public market at price 5.33 per share.D2022-03-29Senior Officer of Issuer31k
Van Brunschot (Carolyn)Exercise of options at price 0.79 per share.D2022-03-29Senior Officer of Issuer31k
Guinan (William Charles)Exercise of options at price 4.85 per share.D2022-03-29Director of Issuer38k
Guinan (William Charles)Exercise of options at price 3.81 per share.D2022-03-29Director of Issuer35k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to KELT EXPLORATION LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on KELT EXPLORATION LTD

Here is the result of two systematic investment strategies applied to KELT EXPLORATION LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on KELT EXPLORATION LTD

The following chart shows the equity curve of the two systematic investment strategies applied to KELT EXPLORATION LTD:

KELT EXPLORATION LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 134.13% on the backtest period.

Performance at glance

Performance

134.13 %

Latent gain

2010.82 C$

Invested capital

1499.18 C$

Annualized return

32.4 %
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Momentum strategy results on KELT EXPLORATION LTD

This is the result of two momentum investment strategies applied to KELT EXPLORATION LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on KELT EXPLORATION LTD

The following chart shows all the entries opened by the momentum investment system on KELT EXPLORATION LTD:

KELT EXPLORATION LTD momentum entries
  • The first momentum investment strategy would give 179.7% of return on KELT EXPLORATION LTD. That represents 8089.04C$ of latent gain with 4501.46C$ of employed capital.
  • The second momentum investment strategy would give 131.48% of return on KELT EXPLORATION LTD. That represents 3943.04C$ of latent gain with 2998.96C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

179.7 %

Latent gain

8089.04 C$

Invested capital

4501.46 C$

Annualized return

25.93 %
Performance at glance (2Q Momentum)

Performance

131.48 %

Latent gain

3943.04 C$

Invested capital

2998.96 C$

Annualized return

35.92 %

Momentum equity curve on KELT EXPLORATION LTD

The following chart shows the equity curve of the two momentum strategies applied to KELT EXPLORATION LTD:

KELT EXPLORATION LTD momentum equity

Note: the dividends potentially given by KELT EXPLORATION LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KELT EXPLORATION LTD

The following chart shows the employed capital evolution of the two momentum strategies on KELT EXPLORATION LTD since the beginning:

KELT EXPLORATION LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on KELT EXPLORATION LTD

Buy the dip entry openings on KELT EXPLORATION LTD

KELT EXPLORATION LTD

The performance achieved by the robo-advisor on KELT EXPLORATION LTD is 55.5%. That represents 139.2$ of latent gain with 250.8C$ of employed capital. The following chart shows KELT EXPLORATION LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KELT EXPLORATION LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

55.5 %

Latent gain

139.2 C$

Invested capital

250.8 C$

Annualized return

25.93 %

Equity curve of the strategy applied to KELT EXPLORATION LTD

The following chart shows the result of the investment strategy applied to KELT EXPLORATION LTD:

KELT EXPLORATION LTD

Note: the dividends potentially given by KELT EXPLORATION LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KELT EXPLORATION LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on KELT EXPLORATION LTD:

KELT EXPLORATION LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on KELT EXPLORATION LTD

In this section, I will compare the three previous investment strategies applied to KELT EXPLORATION LTD.

Equity curve comparison on KELT EXPLORATION LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

KELT EXPLORATION LTD investment strategy comparison

Employed capital comparison on KELT EXPLORATION LTD

KELT EXPLORATION LTD investment comparison

Performance comparison on KELT EXPLORATION LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 134.13% 2010.82C$ 1499.18C$ 32.4%
Momentum 1 quarter 179.7% 8089.04C$ 4501.46C$ 46.08%
Momentum 2 quarters 131.48% 3943.04C$ 2998.96C$ 35.92%
Non-directional 55.5% 139.2C$ 250.8C$ 25.93%
Annualized return comparison

Automatic investment

32.4 %

Momentum 1Q

35.92 %

Momentum 2Q

35.92 %

Non-directional

25.93 %

Correlated stocks

Here are the most positively and negatively correlated stocks with KELT EXPLORATION LTD:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • Futu Holdings Ltd

  • Note: The algorithm computes the probability of correlation between KELT EXPLORATION LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of KELT EXPLORATION LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name KELT EXPLORATION LTD
    Country Canada
    City Calgary
    Address East Tower
    Phone 403 294 0154
    Website www.keltexploration.com
    FullTime employees 70
    Industry Oil & Gas E&P
    Sector Energy
    Exchange XTSE
    Ticker KEL.XTSE
    Market

    KELT EXPLORATION LTD ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown