Kiwetinohk Energy Corp.

Kiwetinohk Energy Corp.

KWTEF
Kiwetinohk Energy Corp.US flagOther OTC
18.50
USD
+0.50
- -
810.49MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.22
6.82
17.45
11.08
11.68
14.07
Basic EPS, GAAP
-0.11
-0.95
4.34
2.54
0.02
2.65
Free Cash Flow per Basic Share
-0.18
-0.35
-2.01
-1.54
-1.68
0.59
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
3.63
8.56
12.93
15.36
15.52
18.45
Tangible Book Value per Share
3.81
9.06
13.13
15.35
16.08
19.34
Basic Weighted Avg Shares
44
44
44
44
44
44
Sales/Revenue/Turnover
10
297
768
487
510
617
Operating Margin (%)
-188.48
-0.58
36.61
18.43
17.81
25.44
Depreciation Expense
- -
30
83
128
168
201
Net Income, GAAP
-5
-42
191
112
1
116
Effective Tax Rate (%)
- -
- -
- -
23.28
50.92
23.13
Profit Margin (%)
-49.9
-13.97
24.85
22.96
0.21
18.84
Working Capital
54
-45
-14
18
-44
24
LT Debt
- -
33
130
217
280
200
Total Equity
166
397
601
710
715
849
Return on Invested Capital (%)
- -
- -
- -
8.29
4.62
11.92
Return on Capital (%)
- -
- -
- -
15.73
1.24
13.44
Return on Common Equity (%)
- -
-15.63
40.52
17.98
0.16
15.48

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
742
895
1,032

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
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Patrick Carlson
Full Time Employees
90
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
250-2nd Street SW Calgary AB Canada T2P 0C1
IPO Date
Jun 2, 2022
Business
Kiwetinohk Energy Corp. engages in the exploration, development and production of natural gas, natural gas liquids, oil and condensate from liquids-rich properties in the Duvernay and Montney formations in Alberta, Canada; the company also pursues low-carbon initiatives encompassing renewable and natural gas-fired power generation, carbon capture and storage, and hydrogen projects to secure access to downstream power and hydrogen markets. Headquartered in Calgary, Alberta, Kiwetinohk was founded in 2018 as Alberta Ltd. and changed its name to Kiwetinohk Energy Corp. in 2021. Operations concentrate in the Fox Creek area of western Canada, utilizing extended-reach horizontal drilling and co-development strategies across its upstream segment to target production growth toward 40,000 boe/d by 2026, supported by owned infrastructure for enhanced stakeholder value. In October 2025, Kiwetinohk entered a definitive arrangement agreement with Cygnet Energy Ltd. for an all-cash acquisition at C$24.75 per share, valuing the enterprise at approximately C$1.4 billion including net debt, with funding from NGP Energy Capital Management, Carlyle and ARC Financial; the transaction, backed by 79% of shareholders, anticipates completion in late December 2025 subject to approvals and will merge complementary Montney and Duvernay assets to form a larger liquids-weighted producer exceeding 44,000 boe/d.

Company News

MCPAPIChat
  • Cygnet Energy Ltd. and Kiwetinohk Energy Corp. Announce Completion of Arrangement

  • Kiwetinohk Energy Corp. (KEC:CA) Q3 2025 Earnings Call Prepared Remarks Transcript

  • Kiwetinohk Energy: Still Focused On Upstream

  • Kiwetinohk Energy: Going The Upstream Route

  • Kiwetinohk Energy: Natural Gas Business Is Still The Top Business

  • Kiwetinohk Energy: Growth Through Fossil Fuels And Clean Energy

  • Kiwetinohk Energy: Another Pat Carlson Adventure

  • Kiwetinohk Energy: From Carbon Central To Carbon Capture At High Yields