Kolibri Global Energy Inc
TSX:KEI

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Kolibri Global Energy Inc
TSX:KEI
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Price: 10.93 CAD 2.63% Market Closed
Market Cap: 389.4m CAD

Kolibri Global Energy Inc
Investor Relations

Kolibri Global Energy, Inc. is an international energy company. The company is headquartered in Newbury Park, California. The company went IPO on 2008-07-10. The firm is focused on finding and exploiting energy projects in oil, gas and clean and sustainable energy. Through various subsidiaries, the Company owns and operates energy properties in the United States. The firm has operations in the Ardmore Basin, Oklahoma. The company holds approximately 17,400 net contiguous acres and its reserves are from the Caney Formation. The firm is also focused on the continued development and exploitation of its Tishomingo Shale oil property, which provides a stable production and reserve platform, while also pursuing further accretive energy acquisitions.

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KEI
S&P TSX Composite Index (Canada)

Earnings Calls

2024 Q3
Nov 13, 2024
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Kolibri Global Energy Reports Strong Production Growth and Cost Efficiency
2024 Q3
Nov 13, 2024

In the third quarter of 2024, Kolibri Global Energy demonstrated solid performance, with average production rising 11% to 3,032 BOE per day. Revenue increased by 2% to $13.9 million, driven by higher production, despite a 9% drop in prices. Net income surged 118% to $5.1 million, boosting EPS to $0.14. Operating expenses fell by 10%, showcasing improved efficiency. The company is focusing on share buybacks and anticipates stronger cash flow from successful drilling in its three new wells, which are currently yielding over 2,800 BOE daily. Full-year production growth is expected to continue, with netbacks projected to improve as costs decrease.

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Management

Mr. Wolf E. Regener
President, CEO & Director
No Bio Available
Mr. Gary W. Johnson CPA, CPA
CFO & VP
No Bio Available
Mr. Allan Hemmy
Senior Geologist
No Bio Available
Mr. Steve Raunsbak
Controller
No Bio Available

Contacts

Address
CALIFORNIA
Newbury Park
3623 Old Conejo Road, Suite 207
Contacts