Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Kelt Exploration's share price for the quarter that ended in Mar. 2024 was €4.08. Kelt Exploration's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 195.2 Mil. Therefore, Kelt Exploration's market cap for the quarter that ended in Mar. 2024 was €796.5 Mil.
Kelt Exploration's quarterly market cap
declined
from Sep. 2023 (€959.3 Mil) to Dec. 2023 (€743.0 Mil) but then
increased
from Dec. 2023 (€743.0 Mil) to Mar. 2024 (€796.5 Mil).
Kelt Exploration's annual market cap
increased
from Dec. 2021 (€609.1 Mil) to Dec. 2022 (€652.8 Mil) and
increased
from Dec. 2022 (€652.8 Mil) to Dec. 2023 (€743.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Kelt Exploration's Enterprise Value for Today is €781.0 Mil.
Kelt Exploration Market Cap Historical Data
The historical data trend for Kelt Exploration's Market Cap 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.
Competitive Comparison of Kelt Exploration's Market Cap
For the Oil & Gas E&P subindustry, Kelt Exploration's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Market Cap distribution charts can be found below:
* The bar in red indicates where Kelt Exploration's Market Cap falls into.
Kelt Exploration Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Kelt Exploration's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (FRA:2KE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Kelt Exploration Market Cap Related Terms
Thank you for viewing the detailed overview of Kelt Exploration's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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