RE:Risk of ownershipI ran the #s for CNQ, stock is up pretty much what the additional cashflow from WTI dictates. In Kelt's case, it should be $6.95 following the same method. Instead its $6.16. I'll run some other #s when I get a chance but this dog does not hunt seems to aptly describe this stock at the moment.
The irony is the investors clamoring for buybacks / 100% cashflow to shareholders are obviously not invested in Kelt which means Kelt would surely benefit from a buyback program (and can now afford it with WTI $85).