Stocks to Watch: Kelt Exploration Ltd. (TSX:KEL) Down -3.66%

At close of market on Tuesday, Kelt Exploration Ltd. (TSX:KEL) stock finished trading at -3.66%, bringing the stock price to $3.68 on the Toronto Stock Exchange. The stock price saw a low of $3.66 and a high of $3.80.

The company’s stock was traded 1,773 times with a total of 945,454 shares traded.

Kelt Exploration Ltd. has a market cap of $677.29 million, with 184.13 million shares in issue.

Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in Canada. Assets for production are acquired through purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by oil production.

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