Bullboard - Stock Discussion Forum Kiwetinohk Energy Corp T.KEC

Alternate Symbol(s): KWTEF

Energy Oil & Gas E&P

Kiwetinohk Energy Corp. is a Canada-based energy transition company. The Company produces natural gas, natural gas liquids, oil and condensate and is a developer of renewable and natural gas power projects, and early-stage carbon capture and storage opportunities, in Alberta. It is in the process of developing renewable power and natural gas-fired power generation projects. Its upstream assets... see more

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Post by retiredcf on May 19, 2022 10:19am

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National Bank Financial’s Dan Payne increased his Kiwetinohk Energy Corp. target to $20 from $18, maintaining an “outperform” rating. The average is $19.75.

“A unique & opportunistic acceleration of capital plans should serve to augment its value profile through the upstream lens, while the embedded energy transition call option remains intact; KEC is poised for a 60-per-cent return profile (vs. peers 47 per cent) on leverage of 0.1 times (vs. peers negative 0.5 times), while trading at 1.6 times 2023 estimated EV/DACF (vs. peers 3.3 times),” he said.

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