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Kelt Exploration (TSX:KEL) 6-Month Price Index : 1.04 (As of Jun. 09, 2024)


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What is Kelt Exploration 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-09), Kelt Exploration's 6-Month Price Index is 1.04.

Competitive Comparison of Kelt Exploration's 6-Month Price Index

For the Oil & Gas E&P subindustry, Kelt Exploration's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kelt Exploration  (TSX:KEL) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kelt Exploration  (TSX:KEL) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Kelt Exploration 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Kelt Exploration's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Kelt Exploration (TSX:KEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (TSX:KEL) » Definitions » 6-Month Price Index
Comparable Companies
TSX:AAV TSX:AOI TSX:CJ TSX:HWX TSX:IPCO TSX:FEC TSX:CR TSX:OBE TSX:SGY TSX:BIR COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
KELTF:USA
Address
311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2
Website
https://www.keltexploration.com
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the 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 Gas production.
Executives
Douglas Jeffery Errico Senior Officer

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