Kelt ExplorationSTU:2KE +2.80%61 Gross Margin % is 28.94% as of Mar. 2026, which is 15% above its 10-year median of 25.13. GuruFocus rates STU:2KE with a GF Score™ of 61/100 and a GF Value™ of €5.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 869 Oil & Gas companies, Kelt Exploration ranks worse than 52.82% on this metric.
The historical rank and industry rank for Kelt Exploration's Gross Margin % or its related term are showing as below:
STU:2KE'
s Gross Margin % Range Over the Past 10 Years
Min: -8.89 Med: 25.13 Max: 50.31
Current: 23.8
During the past 13 years, the highestGross Margin % of Kelt Exploration was 50.31%. The lowest was -8.89%. And the median was 25.13%.
STU:2KE's Gross Margin % is ranked worse than 52.82% of 869
companies
in the Oil & Gas industry
Industry Median: 25.7
vs STU:2KE: 23.80
Kelt Exploration had a gross margin of 28.94% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kelt Exploration was 0.00% per year.
Kelt Exploration (STU:2KE) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Kelt Exploration had a gross margin of 28.94% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Kelt Exploration Gross Margin % Related Terms
Kelt Exploration Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kelt Exploration's Gross Margin % can be seen below:
* 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.
STU:2KE vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Kelt Exploration's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kelt Exploration's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Kelt Exploration (STU:2KE) has a Gross Margin % of 28.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kelt Exploration and its competitors. This is 15% above median its historical median of 25.13. According to the industry distribution chart, Kelt Exploration ranks #459 out of 869 companies in the Oil & Gas industry, placing it in the top 52.8%.
Is Kelt Exploration's Gross Margin % too high?
Kelt Exploration's current Gross Margin % of 28.94% is 15% above median its 10-year median of 25.13. The Oil & Gas industry median Gross Margin % is 25.70. Kelt Exploration's value of 28.94% is 12.6% above this industry median. Based on the distribution chart, Kelt Exploration ranks #459 out of 869 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kelt Exploration has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Kelt Exploration ranks #459 out of 869 companies for Gross Margin %. This places Kelt Exploration in the lower half of its industry. The industry median Gross Margin % is 25.70. Kelt Exploration's value of 28.94% is 12.6% above this benchmark. While the company's 10-year median is 25.13 vs. the industry median of 25.70, Kelt Exploration has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kelt Exploration's current Gross Margin % of 28.94% is 12.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Kelt Exploration and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelt Exploration's current Gross Margin % is 28.94%, which is 15% above median its own 10-year median of 25.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelt Exploration stock overvalued right now?
Based on GuruFocus' analysis, Kelt Exploration (STU:2KE) is currently considered Fairly Valued. The stock's GF Value™ is €5.07, compared to a current price of €5.50 — trading 8.5% above its estimated fair value. The current Gross Margin % is 28.94%, which is 15% above median its 10-year median of 25.13 and 12.6% above the Oil & Gas industry median of 25.70. Kelt Exploration's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Kelt Exploration (STU:2KE), the current Gross Margin % is 28.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kelt Exploration (STU:2KE) Overvalued in 2026?
Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued.
The current stock price of €5.50 is trading 8.5% above its estimated GF Value™ of €5.07.
GuruFocus considers Kelt Exploration to be Fairly Valued.
Key valuation signals for STU:2KE:
Gross Margin %: 28.94% (15% above median its 10-year median of 25.13)
GF Value™: €5.07 vs. price of €5.50 (8.5% above fair value)
Industry Position: 12.6% above the Oil & Gas median (#459 of 869)
No single metric tells the full story. See the STU:2KE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.
61GF Score
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