Kiwetinohk Energy Corp.

Kiwetinohk Energy Corp.

KEC.TO
Kiwetinohk Energy Corp.CA flagToronto Stock Exchange
24.73
CAD
+0.03
- -
1.10BMarket Cap
Kiwetinohk Energy Corp.
KEC.TO
(Toronto Stock Exchange)

Recent

price

24.73

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
TTM
FRC
0.22
6.82
17.45
11.08
11.68
14.07
Revenue per Share
-0.11
-0.95
4.34
2.54
0.02
2.65
Basic EPS, GAAP
-0.18
-0.35
-2.01
-1.54
-1.68
0.59
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
3.63
8.56
12.93
15.36
15.52
18.45
Book Value per Share
3.81
9.06
13.13
15.35
16.08
19.34
Tangible Book Value per Share
44
44
44
44
44
44
Basic Weighted Avg Shares
10
297
768
487
510
617
Sales/Revenue/Turnover
-188.48
-0.58
36.61
18.43
17.81
25.44
Operating Margin (%)
- -
30
83
128
168
201
Depreciation Expense
-5
-42
191
112
1
116
Net Income, GAAP
- -
- -
- -
23.28
50.92
23.13
Effective Tax Rate (%)
-49.9
-13.97
24.85
22.96
0.21
18.84
Profit Margin (%)
54
-45
-14
18
-44
24
Working Capital
- -
33
130
217
280
200
LT Debt
166
397
601
710
715
849
Total Equity
- -
- -
- -
8.29
4.62
11.92
Return on Invested Capital (%)
- -
- -
- -
15.73
1.24
13.44
Return on Capital (%)
- -
-15.63
40.52
17.98
0.16
15.48
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
5
5
2
LT Borrowings
224
203
196
LT Finance Leases
30
30
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
44
44
Market Capitalization
739
925
1,016

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
73
81
93
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
65
55
69
Inventories
- -
- -
- -
Total Current Liabilities
120
79
68
Payables & Accruals
67
54
56
ST Debt
5
5
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
0.68%
Free Cash Flow
- -
- -
8.94%
Net Income, GAAP
- -
- -
-99.05%
Sales/Revenue/Turnover
- -
- -
4.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
140
101
114
132
487
2024
136
112
125
137
510
2025
184
146
150
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.22
0.49
-0.27
- -
2.54
2024
0.25
-0.61
0.74
- -
0.02
2025
1.25
1.35
0.41
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Kiwetinohk Energy Corp. (TSX: KEC) develops and produces natural gas, natural gas liquids, oil, and condensate from its liquids-rich unconventional assets in the Duvernay and Montney formations in the Fox Creek area of Alberta, Canada; employs a co-development strategy with extended reach horizontal drilling to maximize resource value through owned and operated infrastructure; and evaluates low-carbon solutions including renewable and natural gas-fired power generation, carbon capture, storage, and hydrogen projects. Founded in 2018 and headquartered at 250 – 2nd Street SW, Suite 1700, Calgary, Alberta, the company targets premium markets such as the Chicago natural gas market and operates exclusively in western Canada with current production around 27,500 boe/d and a pathway to grow to 40,000 boe/d by 2026. In October 2025, Kiwetinohk entered into a definitive arrangement agreement to be acquired by Cygnet Energy Ltd. for C$24.75 per share in an all-cash transaction valued at approximately C$1.4 billion enterprise value, representing a 63% premium to its share price prior to initiating a strategic business review earlier in the year; the deal, backed by NGP Energy Capital Management, ARC Financial, and Carlyle, combines complementary Duvernay and Montney assets in Alberta's Simonette and Placid areas to create a larger operator with over 44,000 boe/d of production; and as part of exiting its power segment ahead of closing expected in late December 2025, the company sold or cancelled six of seven power projects for aggregate proceeds of about $26.7 million.