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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (41115)	4/18/2018 6:12:09 PM
From: Goose94	Read Replies (1) \| Respond to of 203330

Kelt Exploration (KEL-T) new 52 week high, $8.30

To: Goose94 who wrote (41115)	5/11/2018 8:38:57 AM
From: Goose94	Read Replies (1) \| Respond to of 203330

Kelt Exploration (KEL-T) Raymond James analyst Jeremy McCrea added Kelt Exploration to the firm's "Canadian Analyst Current Favourites List" and dropped Bonterra Energy (BNE-T). Mr. McCrea rates Kelt "strong buy," with a $12 share target. Analysts on average target the shares at $10.72. Mr. McCrea says in a note: "With KEL increasing their 2018 capital by $65-million (30 per cent) to $275-million and the increase being back-end weighted, the company has clearly set themselves up for 30-per-cent-plus growth for 2019. Higher capex is set for a 6-well Inga pad, a 4-well pad at Pouce Coupe, a Middle Montney well at Progress and $30-million for additional infrastructure handling at Inga. With the change from low intensity to high intensity frac designs and one of the most favourable underlying geology in the Montney, we believe there is a tremendous near-term upside potential in the shares of KEL and hence we are adding KEL to the ACF." Mr. McCrea dropped Bonterra as he sees a better relative near-term upside in Kelt. He targets Bonterra shares at $21.50, which exceeds the consensus of $19.33, with a "strong buy" rating