Kelt Exploration's strategy of periodic asset sales has historically cleaned up the balance sheet and enabled growth cycles. Management recently took on a conservative debt level to accelerate production growth. The company has a notable sale to Exxon Mobil. This sets it apart from peers.
Kelt Exploration, historically debt-free, has taken on debt amid weak natural gas prices and political uncertainty. The current political volatility poses significant risks to Kelt's growth and stability. The company's hedging strategy highlights management's risk mitigation efforts.
Kelt Exploration management is experienced at building and selling companies. This management tends to focus on long-term gains rather than quarterly comparisons that many public companies focus on. Debt levels are extremely low, and the balance sheet has been debt free in the past for significant periods of time.