---
title: "KEL.TO stock: Kelt Exploration Ltd. price, chart, valuation | ANALITICA}"
description: "Kelt Exploration Ltd. (KEL.TO): Up 28.6% over the past year; the S&P/TSX Composite rose 20.0%. P/E 39.1 — lower than 9% of Energy peers (89 companies)."
canonical: https://analiti.ca/t/KEL.TO/
---

# Kelt Exploration Ltd. (KEL.TO)

TSX: KEL · TSX · Energy

Last close 10.56 (Nov 12, 2026), +0.210 (+2.0%). Market cap $2.14B.
52-week range 7.11 to 11.88.

## At a glance

- Up 28.6% over the past year; the S&P/TSX Composite rose 20.0%.
- P/E 39.1 — lower than 9% of Energy peers (89 companies).
- Market cap $2.14B; average daily dollar volume $8.6M over the past 3 months — High liquidity.
- Latest published plan: LONG on 2026-11-10 at $10.11 — still open.
- 1-year volatility 40.5% (annualized); largest fall from a peak over the past year -17.6%.

## Performance

| Period | Stock | Sector fund | Composite | Difference vs Composite |
| --- | ---: | ---: | ---: | ---: |
| 1W | +7.9% | +3.5% | +1.8% | +6.1% |
| 1M | -5.2% | -3.3% | +2.8% | -8.0% |
| 3M | +10.9% | +4.3% | -0.1% | +11.0% |
| 6M | +9.3% | +4.5% | +9.4% | -0.1% |
| YTD | +37.7% | +47.9% | +16.1% | +21.6% |
| 1Y | +28.6% | +47.5% | +20.0% | +8.6% |
| 3Y | +12.7% | +19.4% | +22.0% | -9.3% |
| 5Y | +16.1% | +21.7% | +10.5% | +5.6% |

3Y and 5Y are annualized. The Composite is proxied by XIU.TO.

## Risk and trading

- 1-year volatility (annualized): +40.5%
- Largest fall from a peak (1Y): -17.6% (Oct 26, 2026 to Nov 5, 2026)
- Beta (2Y weekly, vs Composite): 0.36
- Average daily volume (3M): 804,082
- Average daily dollar volume (3M): $8.6M
- Liquidity: High (High: $1M or more a day; Moderate: $100K or more; Low: under $100K.)

## Valuation

Valuation multiples are from the Nov 12, 2026 snapshot.

| Multiple | Value | Against sector peers |
| --- | ---: | --- |
| P/E (TTM) | 39.1 | Lower than 9% of peers (89 companies; median 14.5) |
| Earnings yield | 2.56% | — |
| P/B | 1.79 | Lower than 54% of peers (103 companies; median 1.9) |
| P/S | — | — |
| EV/EBITDA | 7.6 | Lower than 41% of peers (76 companies; median 6.7) |
| Dividend yield | 0.00% | — |
| Payout ratio | — | — |

## Financials

Reporting currency: CAD.

|  | 2022 | 2023 | 2024 | 2025 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $613.4M | $495.6M | $468.4M | $513.1M | $644.4M |
| Gross margin | 50.3% | 37.3% | 28.7% | 24.5% | — |
| Net income | $158.8M | $86.0M | $45.4M | $63.1M | $57.0M |
| Free cash flow | -$11.6M | $528K | -$124.0M | -$64.3M | -$73.9M |
| Diluted shares | 192,014,000 | 194,506,000 | 196,756,000 | 199,805,000 | — |

## Dividends and splits

Trailing dividend yield: 0.00% (snapshot Nov 12, 2026). Dividend history is not stored yet.

- No splits on record.

## Ownership and dilution

- Insider buys (90 days): 0
- Insider sells (90 days): 3
- Shares outstanding change (1Y): +1.5%
- Shares outstanding change (3Y): +4.1%
- Held by insiders: 15.93%
- Held by institutions: 34.18%

## Peers

- [XOM.TO](https://analiti.ca/t/XOM.TO/): 30.31, 1Y —, market cap $902.96B, P/E 17.5, EV/EBITDA —, dividend yield —, 1Y volatility +28.6%
- [CVX.TO](https://analiti.ca/t/CVX.TO/): 27.73, 1Y —, market cap $553.71B, P/E 16.0, EV/EBITDA —, dividend yield —, 1Y volatility +26.6%
- [CHEV.TO](https://analiti.ca/t/CHEV.TO/): 25.34, 1Y —, market cap $508.78B, P/E 17.8, EV/EBITDA —, dividend yield —, 1Y volatility —
- [ENB.TO](https://analiti.ca/t/ENB.TO/): 68.57, 1Y +1.3%, market cap $152.83B, P/E 23.8, EV/EBITDA 15.8, dividend yield 5.69%, 1Y volatility +18.0%
- [CNQ.TO](https://analiti.ca/t/CNQ.TO/): 70.04, 1Y +54.3%, market cap $142.54B, P/E 10.3, EV/EBITDA 7.0, dividend yield 3.59%, 1Y volatility +32.1%
- [SU.TO](https://analiti.ca/t/SU.TO/): 98.80, 1Y +60.1%, market cap $113.74B, P/E 10.5, EV/EBITDA 5.2, dividend yield 2.69%, 1Y volatility +29.3%
- [TRP.TO](https://analiti.ca/t/TRP.TO/): 92.04, 1Y +22.8%, market cap $95.88B, P/E 24.8, EV/EBITDA 16.7, dividend yield 3.83%, 1Y volatility +19.1%
- [IMO.TO](https://analiti.ca/t/IMO.TO/): 181.70, 1Y +34.9%, market cap $85.76B, P/E 14.5, EV/EBITDA 8.5, dividend yield 1.93%, 1Y volatility +29.7%

## analiti.ca history

3 published plans: 0 wins, 1 losses, 2 open; average +1.02% per resolved plan (full ladder).

- 2026-11-06 LONG: entry 10.01, stop 9.38, first exit 10.43 — full ladder OPEN (4.98%); first exit WIN (4.20%). Day page: https://analiti.ca/day/2026-11-06
- 2026-11-09 SHORT: entry 9.84, stop 10.46, first exit 9.42 — full ladder LOSS (-6.30%); first exit LOSS (-6.30%). Day page: https://analiti.ca/day/2026-11-09
- 2026-11-10 LONG: entry 10.11, stop 9.47, first exit 10.54 — full ladder OPEN (4.37%); first exit WIN (4.25%). Day page: https://analiti.ca/day/2026-11-10

Superstock score: none published. Sector condition: Energy — Leading (as of Nov 5, 2026).

## Key dates

- Next earnings: not available — no company release or exchange notice in the stored data
- Last earnings: Aug 5, 2026, EPS 0.22
- Next ex-dividend: not available

## Sources and data notes

- prices, chart, performance, risk: daily_prices (Yahoo) (as of Nov 12, 2026)
- valuation, market cap, ownership: yahoo_key_stats snapshot (as of Nov 12, 2026)
- financials: financials (Yahoo) (as of Jun 30, 2026)
- plans, resolutions: published entries-*.json + track-record.json (as of Nov 12, 2026)
- insiders: insider_trades (SEDI filings) (as of Nov 12, 2026)
- splits: Split inventory (interim table) (as of Nov 5, 2026)
- sector condition: conditions-2026-11-05.json (as of Nov 5, 2026)
- Superstock score: superstock_checks + superstock.json (as of Nov 12, 2026)

Not available rules: a field older than its freshness limit shows "not available", never a stale number — prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days.

Data file: https://analiti.ca/data/t/KEL.TO.json

Facts and published history only. Plans are generated by a quant model.