Yahoo Finance Kelt Exploration Full Year 2023 Earnings: EPS: CA$0.45 (vs CA$0.83 in FY 2022)
Kelt Exploration (TSE:KEL) Full Year 2023 Results
Key Financial Results
Revenue: CA$436.4m (down 20% from FY 2022).
Net income: CA$86.0m (down 46% from FY 2022).
Profit margin: 20% (down from 29% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: CA$0.45 (down from CA$0.83 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kelt Exploration Earnings Insights
Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 2.5% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Kelt Exploration.
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