RE:RE:RE:WTI is $85, Kelt is $6....The last time WTI was $87 (Sept. '23), Kelt was $7.25, CNQ was $87. Now CNQ is $107, Kelt is $6.05. Even though Kelt is probably producing 20% more oil now than it was then (don't think CNQ is producing 20% more oil).
Its a good company, they have good assets, however the capex allocation between oil prone and natural gas prone is not appropriate (unless a sale is imminent). That said, the main issue is there's no interest in the stock.