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TSX · Oil & Gas E&P · CAD

Kelt Exploration Ltd. (KEL.TO) Stock Analysis

Kelt Exploration Ltd. (KEL.TO) is a Oil & Gas E&P stock listed on TSX and quoted in Canadian Dollar.

KEL.TO

CA$10.27

−CA$0.16 (−1.53%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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KEL.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$10.34
Previous Close
CA$10.43
Day's Range
10.18–10.42
52-Week Range
5.96–11.00
Volume
648.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.33
Valuation
Market Cap
CA$2.08B
P/E Ratio
38.04
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.15
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.60
EPS (ttm)Profit attributable to each share over the last twelve months.
0.27
Financials (FY)
Revenue (FY)
CA$513.09M+9.53%
Net Income (FY)
CA$63.06M+38.82%
Profit marginThe share of revenue left as profit after all costs and taxes.
9.83%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
203.00M
1-Year Return
+52.83%
Dividend and dates
Earnings Date
November 13, 2026
Avg Volume
570.78K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

KEL.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+33.90%
2025+9.26%
2024+22.73%
2023+14.17%
2022+3.94%
2021+167.78%
2020−63.04%
2019+4.96%
2018−35.47%
2017+6.20%
2016 (partial year)+41.04%

As of September 4, 2026.

KEL.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$513.09MCA$63.06M12.3%
2024CA$468.43MCA$45.42M9.7%
2023CA$495.58MCA$85.97M17.3%
2022CA$613.36MCA$158.76M25.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$513.09MCA$125.78MCA$50.54MCA$63.06M12.3%
2024CA$468.43MCA$134.48MCA$67.44MCA$45.42M9.7%
2023CA$495.58MCA$184.61MCA$123.26MCA$85.97M17.3%
2022CA$613.36MCA$308.60MCA$243.89MCA$158.76M25.9%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

KEL.TO Valuation vs Oil & Gas E&P Median

Median of 122 stocks
MetricKEL.TOOil & Gas E&P medianvs median
P/E38.0415.00154% above
P/S ratio3.602.3354% above
Profit margin9.83%11.54%1.7 pts below

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Kelt Exploration Ltd. (KEL.TO) carries a market capitalisation of CA$2.08B. It is classified in the Oil & Gas E&P industry, within the Energy sector. Headcount on file is 83.

The 52-week range on file runs from CA$5.96 to CA$11.00. The most recent close on file for KEL.TO is CA$10.27, dated September 4, 2026. That is −CA$0.16 (−1.53%) against the previous close. The latest close sits 72.32% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$513.09M. Against the prior fiscal year total of CA$468.43M, that is a change of +9.53%. The same year closed with net income of CA$63.06M. That is +38.82% against the prior fiscal year. The reported profit margin is 9.83%. That is 1.7 percentage points below the Oil & Gas E&P median of 11.54%. Earnings per share on a trailing basis come to 0.27.

Across the 4 fiscal years on file, revenue moves from CA$613.36M in 2022 to CA$513.09M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 38.04. That is 153.6% above the Oil & Gas E&P median of 15. On forward earnings the ratio is 12.15. Measured against sales, the shares trade at 3.6 times revenue. On price-to-sales that is 54.46% above the Oil & Gas E&P median of 2.33. 122 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.33. Annualized volatility over the trailing 10 years is 52.07%. Over the trailing twelve months the price has returned +52.83%. Measured over 10 years, that is +7.84% a year compounded.

Growth & Income

The record shows no dividend for KEL.TO.

So far in 2026 the price is +33.90%. The strongest complete calendar year on file is 2021 at +167.78%; the weakest is 2020 at −63.04%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Kelt Exploration Ltd. (KEL.TO) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Kelt Exploration Ltd. KEL.TO CA$2.08B 38.0
ConocoPhillips COP CA$161.29B 17.9
Canadian Natural Resources Limited CNQ CA$104.02B 12.5
EOG Resources, Inc. EOG CA$76.16B 11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Kelt Exploration Ltd. trades at a P/E of 38.0.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Kelt Exploration Ltd.

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources natural gas primarily in Northwestern Alberta and Northeastern British Columbia. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.

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