Kelt reported second quarter financial and operating results in line with our forecast, generating AFFO of $45.5 mm, or $0.25/sh, though lagging consensus which was in the process of trending down over the last month (GMPFE CFPS $0.24/sh vs. consensus $0.28/sh). • There are no changes to our growth forecast; we were previously running below 2019e volume guidance. E&D capex is up, though, based on the nature of its arrangement with AltaGas, there is no influence on its net debt projec
08 Aug 2019
Reports 2Q19 results, inks deal with AltaGas
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Reports 2Q19 results, inks deal with AltaGas
Kelt Exploration Ltd. (KEL:TSE) | 0 0 -0.4% | Mkt Cap: 1,279m
- Published:
08 Aug 2019 -
Author:
Robert Fitzmartyn -
Pages:
6
Kelt reported second quarter financial and operating results in line with our forecast, generating AFFO of $45.5 mm, or $0.25/sh, though lagging consensus which was in the process of trending down over the last month (GMPFE CFPS $0.24/sh vs. consensus $0.28/sh). • There are no changes to our growth forecast; we were previously running below 2019e volume guidance. E&D capex is up, though, based on the nature of its arrangement with AltaGas, there is no influence on its net debt projec