Kelt Exploration is listed on the Toronto Stock Exchange with the ticker symbol TEK. The Canadian listing provides more liquidity for investors to trade.
Kelt Exploration (OTC:KELTF) is a small oil and gas Canadian producer. The company has been growing its production over the last few years. And management has indicated the growth would continue.
Kelt's corporate netbacks are competitive compared to some producers with a similar mix of liquids and gas. But the higher replacement costs constitute a drag on the profitability.
Yet, from a flowing barrel perspective, the market values