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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources 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 Oak/Flatrock in British Columbia. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Bullboard Posts
Post by templetoothon Apr 29, 2014 10:33am
196 Views
Post# 22502031

Short at 13.89

Short at 13.89
Good candidate as a pair trade in my opinion. Buy whatever strikes you, for instance BXE, PPY, etc. and sell some of this at close to 14 times this year's cash flow. Q1 results expected May 13. I see that RBC is expecting cash flow of 26 cents versus 23 c consensus.
Bullboard Posts