Kelt Exploration (TSE:KEL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Kelt Exploration Ltd. has disclosed a decrease in financial performance for the first quarter of 2024, with petroleum and natural gas sales down by 9%, and a significant 38% drop in cash from operating activities. Despite capital expenditures rising by 5%, the company faced a net income decline of 27% compared to the previous year. Overall, the company’s total assets increased by 9% and shareholders’ equity rose by 11%.
For further insights into TSE:KEL stock, check out TipRanks’ Stock Analysis page.
