Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

Energy Oil & Gas E&P
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

Kelt Exploration Ltd > vs. bookvalue
View:
Post by Druchii on Jun 18, 2021 1:54pm

vs. bookvalue

Why does Kelt trade at such a high valuation relative to the value of their NAV (PDP, TP, TPP)?  In comparison, many oil and gas companies have an enterprse value far less than NAV.  In Kelt overpirced in comparison?
Comment by PabloLafortune on Jun 20, 2021 9:57am
Kelt 2020 PDP was 29M barrels, 27 wells are being drilled or brought on line in 2021... Q1 netback was $17.67 so the value of 2021 PDP looks promising (no comment on 2P...).  But mainly this is a long term play based on land development.  Btw, not pumping Kelt's tires, its been a disappointing stock relative to its peers (for example, a few months ago you could buy 2 NVA shares with ...more  
Kelt Exploration Ltd