Kelt Exploration Reports Q3 GAAP EPS of C$0.13 and Significant Revenue Growth
Kelt Exploration (KEL:CA) has announced its third-quarter financial results, reporting a GAAP earnings per share of C$0.13 and revenue of C$193.3 million, representing a 75.1% increase year-over-year. The company's performance reflects strong top-line growth driven by increased production and sales volumes. Looking ahead to its 2026 forecast, Kelt Exploration projects substantial operational expansion. The company expects combined production to reach between 50,000 and 51,000 BOE/d, a 25% increase over 2025 levels. Financial projections also indicate a significant rise in Adjusted Funds from Operations (AFFO), with a forecasted 63% increase compared to the previous year.
Topics: earnings report financial guidance production forecast revenue growth