Kolibri Global Energy Inc
TSX:KEI
Kolibri Global Energy Inc
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.
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.
Production Growth: Kolibri delivered another quarter of strong production, reaching over 4,250 barrels of oil equivalent per day, up 40% year-over-year and 33% from last quarter.
Revenue Increase: Revenue rose 15% to $15 million in Q3 2025 due to higher production, despite an 18% decline in realized prices.
Profit Decline: Net income dropped to $3.6 million, down from $5.1 million in Q3 2024, mainly due to negative noncash hedge adjustments and increased depreciation.
Operating Costs: Operating expenses increased to $7.37 per BOE, but would have been $6.57 per BOE excluding a one-time tax adjustment.
Credit Facility Reaffirmed: The company's $65 million line of credit was reaffirmed, providing financial flexibility.
New Wells Coming Online: Four new wells are scheduled to start production in early December, expected to drive record production by year-end.
Shareholder Returns: Kolibri continued its share buyback program, repurchasing about 568,000 shares since September last year.
