Douglas Errico - Kelt Exploration Vice President - Land

KEL Stock  CAD 6.71  0.09  1.32%   

President

Mr. Douglas J. Errico is Vice President Land of the Company. Prior thereto, Landman and then Senior Landman with Celtic from September 2005 to February 2013. since 2012.
Tenure 12 years
Address 311 Sixth Avenue SW, Calgary, AB, Canada, T2P 3H2
Phone403 294 0154
Webhttps://www.keltexploration.com

Kelt Exploration Management Efficiency

The company has return on total asset (ROA) of 0.039 % which means that it generated a profit of $0.039 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0548 %, meaning that it generated $0.0548 on every $100 dollars invested by stockholders. Kelt Exploration's management efficiency ratios could be used to measure how well Kelt Exploration manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Kelt Exploration's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.11, while Return On Equity is likely to drop 0.08. At this time, Kelt Exploration's Other Current Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Total Assets are likely to drop about 1.1 B.
Kelt Exploration has accumulated 1.46 M in total debt with debt to equity ratio (D/E) of 0.68, which is about average as compared to similar companies. Kelt Exploration has a current ratio of 1.05, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Kelt Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Kelt Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kelt Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kelt to invest in growth at high rates of return. When we think about Kelt Exploration's use of debt, we should always consider it together with cash and equity.

Similar Executives

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Patricia OlynykYangarra Resources
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Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada. KELT EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 94 people. Kelt Exploration (KEL) is traded on Toronto Exchange in Canada and employs 15 people. Kelt Exploration is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Kelt Exploration Leadership Team

Elected by the shareholders, the Kelt Exploration's board of directors comprises two types of representatives: Kelt Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kelt. The board's role is to monitor Kelt Exploration's management team and ensure that shareholders' interests are well served. Kelt Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kelt Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Miles, Vice President - Exploration
Alan Franks, Vice President - Production
Bruce Gigg, Vice President - Engineering
Michael Shea, Independent Director
Douglas Macarthur, Vice President - Operations
Neil Sinclair, Independent Director
Sadiq Lalani, Chief Financial Officer, Vice President
Douglas Errico, Vice President - Land
Robert Dales, Lead Independent Director
Geraldine Greenall, Independent Director
David Wilson, CEO and President Director and Member of Health, Safety and Environment Committee
William Guinan, Independent Chairman of the Board, Corporate Secretary
Louise Lee, Company Secretary
David Gillis, Vice President - Finance
Carol Brunschot, Vice President - Marketing

Kelt Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Kelt Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Kelt Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kelt Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kelt Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kelt Stock

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Moving against Kelt Stock

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The ability to find closely correlated positions to Kelt Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelt Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kelt Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kelt Exploration to buy it.
The correlation of Kelt Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kelt Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelt Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kelt Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Kelt Stock

Kelt Exploration financial ratios help investors to determine whether Kelt Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kelt with respect to the benefits of owning Kelt Exploration security.