Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and... see more

TSX:KEL - Post Discussion

View:
Post by MustangMatt on Apr 05, 2024 11:47am

Dog!

Wow! I must admit, even I was not predicting this stock would go down, stay flat with a 10% increase in oil prices over the last few weeks.  March 5, oil was $78 and this stock was $6.20's.  Oil is $87.45 today and the stock is $6.10

I was watching trading today and there is no action volume on this name.  While oil broke out to a new daily, weekly, monthly, and yearly high the stock didn't move a share for 8 minutes.

As shareholders why don't you care?

Why would you not be going to the AGM with pitchforks?

Are you all that cowardly, that you can push back on management that is clearly incompetent? 

Why would you not be working together to send a meassage at the AGM, vote no on the directors etc.

Sad, instead people here are like, this is great! Why are are you vitriolic Mustang? Sad and Pathetic 

Cheers Matthew
Comment by PabloLafortune on Apr 05, 2024 12:03pm
The last time oil was $86/87 (September 2023), Kelt was $7.25 and CNQ was $87. CNQ is now $107 and Kelt is $6.
Comment by PabloLafortune on Apr 05, 2024 1:50pm
Compared to Sept 2023 when WTI was last $86-87, natural gas prices are down but Kelt's volumes are projected to be up per company which in my modelling translates to a 10% increase in running rate cashflow.  Kelt was $7.25 back in Sept. '23 as well. On a cashflow basis, Kelt should be up 10% from $7.25 not down 15%. Unless they aren't meeting their projected production figures ...more  
Comment by TouchDown12 on Apr 10, 2024 10:58am
Of course you meant a Dog as in a greyhound, right MM? I do think folks are starting to understand the opportunity with KELT but I get your frustrations about it being harder to get then it could be. That being said buying cheap shares 2 weeks ago was an opporunity for the informed. TD12
Comment by PabloLafortune on Apr 10, 2024 11:41am
Finally some movement. As I posted a few days ago, Kelt has been tremendously undervalued IMO, totally missing out on the oil rally. Investors have line of sight - major constraint has been natgas processing capacity that gets seriously addressed six months from now - to some pretty good oil growth from plays like Wembley and to a lesser extent, Charlie Lake. Oak even though its a decent GAS prone ...more