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Bullboard - Stock Discussion Forum 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... see more

TSX:KEL - Post Discussion

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Post by geologist77 on Nov 23, 2020 10:57am

Lagging

The share price is lagging because it has no financial leverage. 
If you're an oil bull you want leverage.
if you're a bear, this is a perfect place to park your buck.
Comment by Cheadle12 on Nov 23, 2020 11:40am
False.  Crew has financial leverage & it's flat as a pancake.  Kelt has zero financial leverage & it's up 8+% at the time of writing.
Comment by geologist77 on Nov 23, 2020 12:19pm
Crew is a natural gas company.
Comment by Cheadle12 on Nov 23, 2020 2:16pm
The bulk of Crew's revenues come from C5 and other liquids, including Oil. Financial leverage, operational leverage, yet stock is flate. Kelt is on fire.  You got it wrong & you missed the boat Geo.
Comment by PabloLafortune on Nov 23, 2020 12:15pm
Wih respect to this industry, your analysis is flawed. I won't tell you why.
Comment by geologist77 on Nov 23, 2020 12:38pm
Forced sale of a crown jewel for cents on the dollar. Or was it the instantly underwater hedges? Or lack of growth? 2021 guidance?    Im not paying for production growth, debt free or land value any longer. Because there are too many cheap oil co's that have performed in a period of covid. Heard of whitecap? 
Comment by Cheadle12 on Nov 23, 2020 2:55pm
Best performing O&G name on the TSX today and Rocks for Jocks here calls it a laggard. LOL.
Comment by alta0264 on Nov 23, 2020 7:17pm
Cheadle ypuu seem a little schizophrenic when it comes to this stock. One week referring to management as the chief bagholders and another singing its praises. What do you really think?
Comment by Cheadle12 on Nov 23, 2020 7:26pm
I like Kelt, good mgmt team (albeit bagholders) & I particularly like their debt free status.  Whomever is chanting "no financial leverage" is misguided. This name will be a double, just when & on what news vs. a trend up. I would like to see some M&A.. being debt free they can now pick off as Tourmaline are doing.. on the cheap & keep the ratios in line. It& ...more  
Comment by alta0264 on Nov 23, 2020 11:47pm
It is excessive leverage that got many companies in the situation they are in today and forced asset sales at Kelt as well. For now though Kelt has control of its balance sheet which I appreciate as well. Market seems to like companies with a little torque again so Kelt likely lags for a while. Fine holding it while management looks for opportunities.
Comment by enterusername on Nov 25, 2020 9:25am
no complaint....making a killing
Comment by Robertboblaw on Nov 25, 2020 4:56pm
Oh who are you kidding enter, your only "investment" here was to buy and sell NVA for a 1.5% return at the same time the oil gods were raining down money on ppl on virtually ANY other oil co.LOL C'mon anyone with a half a brain here knows how incompetent you are. I'm sure you've got some BIG returns to flaunt...LOL nice try
Comment by Seppelt on Nov 25, 2020 5:06pm
“a little schizophrenic” lol... Cheadle is in a much better mood lately. Nothing new about Kelt but it’s been a few good weeks in the market driven by vaccines, etc. He is in a better mood and still likes posting a lot even if there is nothing to say.