Stock price when the opinion was issued
KEL has strong drilling activity and currently no debt.
We have KEL in the growth model portfolio, and we like it for its diversification benefits, being in the oil and gas sector.
It is a strong name with a good balance sheet and healthy profit margins.
It trades at a 1.0X price to book, and a 7.5X forward P/E.
KEL does not pay a dividend.
KEL is a good name for strong consistency, low debt levels, and a strong balance sheet.
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If you are not in energy, a middle of the road and conservative investor, this would be part of a larger portfolio. Chart shows a nice basing pattern through 2017. Once it breaks out of there, he is looking for $10. Their margins have been really good. (Analysts' price target is $9.13.)