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Experts have highlighted that KIWETINOHK ENERGY CORP. has experienced a drop in sales and earnings per share, primarily due to a decline in prices. Despite a slight decrease in production, the company's cash flow can potentially improve through increased production. The stock is considered very cheap, but a catalyst is needed to generate more interest from investors. The balance sheet is decent, and the ownership structure may keep large investors at bay. Overall, the consensus is that the stock is okay but not a 'need-to-own' at this point.
KIWETINOHK ENERGY CORP. is a Canadian stock, trading under the symbol KEC-T on the Toronto Stock Exchange (KEC-CT). It is usually referred to as TSX:KEC or KEC-T
In the last year, 1 stock analyst published opinions about KEC-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for KIWETINOHK ENERGY CORP..
KIWETINOHK ENERGY CORP. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for KIWETINOHK ENERGY CORP..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of KIWETINOHK ENERGY CORP. published on Stockchase.
On 2024-10-07, KIWETINOHK ENERGY CORP. (KEC-T) stock closed at a price of $14.8.
Trading is thin, despite its $480M market cap. Sales had a big drop, to $114M from $159.5M, as prices declined. EPS fell more than half to $1.09 vs $2.57. Production of 24,707 fell slightly. With lower prices, the only way to improve cash flow is with production, and investors prefer to see growth here. The stock is VERY cheap, but then again many in the sector are. We need a catalyst here to create more interest. The balance sheet is decent. ARC Energy owns 63% and insiders own 2.4%, so the float is tight. This keeps many large investors at bay. We would deem it OK, but certainly not a 'need-t-own'.
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