Kelt Exploration (KELTF) Expected to Announce Earnings on Friday

Kelt Exploration (OTCMKTS:KELTF) is projected to release its results before the market opens on Friday, November 13th. Analysts expect the company to post earnings of $0.0913 per share and revenue of $140.89 million for the quarter.

Kelt Exploration Stock Up 1.9%

Shares of KELTF stock opened at $7.12 on Wednesday. Kelt Exploration has a 12 month low of $5.16 and a 12 month high of $8.55. The company has a 50 day simple moving average of $7.74 and a two-hundred day simple moving average of $6.92.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial reissued an “outperform” rating on shares of Kelt Exploration in a research report on Wednesday, September 16th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Kelt Exploration in a research note on Friday, October 9th. TD Securities reaffirmed a “buy” rating on shares of Kelt Exploration in a report on Friday, August 7th. Finally, Scotiabank reiterated an “outperform” rating on shares of Kelt Exploration in a research report on Monday, October 19th. Six research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Kelt Exploration presently has a consensus rating of “Buy”.

About Kelt Exploration

Kelt Exploration Ltd. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on the acquisition, development and operation of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. Kelt’s production portfolio includes light crude oil, condensate and natural gas. Its activities are concentrated in northwestern Alberta and northeastern British Columbia, including areas near Grande Prairie, Alberta, and the Montney and related resource plays.