Kelt Exploration (TSX:KEL) Moat Score: 4/10 (As of Jul. 19, 2026)

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TSX:KEL Kelt Exploration Ltd TSX:KEL
64 GF Score
Price C$9.46
GF Value C$8.51
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kelt Exploration Moat Score?

Kelt Exploration TSX:KEL -1.05% 64 Moat Score is 4 as of Jul. 19, 2026. GuruFocus rates TSX:KEL with a GF Score™ of 64/100 and a GF Value™ of C$8.51 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,039 Oil & Gas companies, Kelt Exploration ranks better than 87.2% on this metric.

Kelt Exploration has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Kelt Exploration has Narrow Moat: Kelt Exploration Ltd benefits from cost advantages in the energy sector and some regulatory barriers. However, the volatile nature of the industry and limited pricing power result in a discernible but modest moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Kelt Exploration might have Narrow Moat - Discernible but modest moat.

Kelt Exploration  (TSX:KEL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Kelt Exploration Moat Score Related Terms

TSX:KEL vs COP, EOG, FANG: Moat Score Comparison

For the Oil & Gas E&P subindustry, Kelt Exploration's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kelt Exploration's Moat Score distribution charts can be found below:

* The bar in red indicates where Kelt Exploration's Moat Score falls into.


TSX:KEL
64GF Score
Kelt Exploration Ltd TSX:KEL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Kelt Exploration (TSX:KEL) has a Moat Score of 4 as of Jul. 19, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Kelt Exploration ranks #133 out of 1039 companies in the Oil & Gas industry, placing it in the top 12.8%.
Is Kelt Exploration's Moat Score too high?
Kelt Exploration's current Moat Score is 4. The Oil & Gas industry median Moat Score is 1.00. Kelt Exploration's value of 4 is 300% above this industry median. Based on the distribution chart, Kelt Exploration ranks #133 out of 1039 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Kelt Exploration has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Moat Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Kelt Exploration ranks #133 out of 1039 companies for Moat Score. This places Kelt Exploration in the top 13% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Kelt Exploration's value of 4 is 300% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kelt Exploration's current Moat Score of 4 is 300% 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelt Exploration's current Moat Score is 4. 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 (TSX:KEL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$8.51, compared to a current price of C$9.46 — trading 11.2% above its estimated fair value. The current Moat Score is 4 and 300% above the Oil & Gas industry median of 1.00. Kelt Exploration's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Kelt Exploration (TSX:KEL), the current Moat Score is 4 as of Jul. 19, 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 (TSX:KEL) Overvalued in 2026?

Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued. The current stock price of C$9.46 is trading 11.2% above its estimated GF Value™ of C$8.51. GuruFocus considers Kelt Exploration to be Modestly Overvalued.

Key valuation signals for TSX:KEL:

  • Moat Score: 4
  • GF Value™: C$8.51 vs. price of C$9.46 (11.2% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 300% above the Oil & Gas median (#133 of 1039)

No single metric tells the full story. See the TSX:KEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kelt Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges KELTF:USA2KE:Germany
Address 311 6th Avenue S.W, Suite 300, East Tower, Calgary, AB, CAN, T2P 3H2
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.
64GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$9.46
Price
C$8.51
GF Value