Kelt Exploration (KELTF) to Release Quarterly Earnings on Monday

Kelt Exploration (OTCMKTS:KELTF) is expected to post its resultson Monday, March 9th. Analysts expect Kelt Exploration to post earnings of $0.0619 per share and revenue of $124.5220 million for the quarter.

Kelt Exploration Price Performance

Shares of OTCMKTS:KELTF opened at $6.44 on Friday. The company has a 50 day moving average of $5.84 and a two-hundred day moving average of $5.33. Kelt Exploration has a 52-week low of $3.49 and a 52-week high of $6.56.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on KELTF shares. TD Securities restated a “buy” rating on shares of Kelt Exploration in a research note on Friday, November 14th. Roth Mkm assumed coverage on shares of Kelt Exploration in a research note on Friday, December 19th. They set a “buy” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Kelt Exploration

Kelt Exploration Ltd. is a Calgary-based oil and gas company engaged in the exploration, development and production of petroleum and natural gas reserves in Western Canada. Using horizontal drilling and multi-stage fracturing techniques, the company targets light oil and natural gas liquids in unconventional resource plays. Kelt’s business model emphasizes cost efficiency and disciplined capital allocation to maximize value from its asset base.

The company’s core holdings are concentrated in the Montney and Deep Basin resource plays of West Central and Northern Alberta.