Kolibri Global Energy (NASDAQ:KGEI) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Kolibri Global Energy (NASDAQ:KGEI) announced its quarterly earnings results on Thursday, May 14th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.06), FiscalAI reports. Kolibri Global Energy had a net margin of 22.67% and a return on equity of 8.42%. The company had revenue of $19.57 million for the quarter, compared to analysts’ expectations of $19.21 million.

Here are the key takeaways from Kolibri Global Energy’s conference call:

• Kolibri reported its highest quarterly production, net revenue, and adjusted EBITDA in company history for Q1 2026. Production rose to 4,685 BOE/day, and net revenue increased 20% sequentially to $19.6 million.
• Adjusted EBITDA climbed to $14.8 million, supported by higher volumes and stronger oil prices, while the company said current crude pricing is boosting cash flow. Management also said the new drilling program is already underway and expects additional production growth later this year.
• The company’s net income declined year over year to $4.0 million, mainly because of a $2.9 million non-cash unrealized loss on commodity hedges tied to the March oil price spike. Management emphasized that operating results remained strong despite that accounting impact.
• Kolibri’s credit facility was redetermined higher from $65 million to $75 million, while net debt stayed manageable at $45 million at quarter-end. The company also said it repaid $4 million after quarter-end and plans another $4 million paydown in May.
• Management said it is still evaluating capital allocation between more drilling, debt paydown, and share buybacks, with the newly expanded board expected to weigh in soon. The company also said it had already completed its hedges for the first quarter and is using a mix of collars and deferred puts to protect future production.

Kolibri Global Energy Stock Performance

Shares of Kolibri Global Energy stock remained flat at $4.64 during trading on Thursday. 272,664 shares of the company traded hands, compared to its average volume of 203,877. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.75 and a quick ratio of 0.75. The business’s 50 day moving average price is $5.36 and its two-hundred day moving average price is $4.68. The firm has a market capitalization of $165.93 million, a P/E ratio of 12.21, a PEG ratio of 0.52 and a beta of -0.59. Kolibri Global Energy has a 52 week low of $3.35 and a 52 week high of $6.80.

Institutional Investors Weigh In On Kolibri Global Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC boosted its position in shares of Kolibri Global Energy by 9.1% during the fourth quarter. Empowered Funds LLC now owns 56,655 shares of the company’s stock valued at $223,000 after buying an additional 4,723 shares during the last quarter. Bridgeway Capital Management LLC raised its position in Kolibri Global Energy by 23.8% in the 4th quarter. Bridgeway Capital Management LLC now owns 76,655 shares of the company’s stock worth $301,000 after buying an additional 14,723 shares during the last quarter. Russell Investments Group Ltd. raised its position in Kolibri Global Energy by 276.9% in the 4th quarter. Russell Investments Group Ltd. now owns 15,470 shares of the company’s stock worth $61,000 after buying an additional 11,365 shares during the last quarter. Barclays PLC lifted its stake in Kolibri Global Energy by 10.0% during the 4th quarter. Barclays PLC now owns 48,822 shares of the company’s stock valued at $192,000 after acquiring an additional 4,423 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in Kolibri Global Energy by 51.9% during the 4th quarter. Wells Fargo & Company MN now owns 33,269 shares of the company’s stock valued at $131,000 after acquiring an additional 11,361 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analysts Set New Price Targets

KGEI has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Kolibri Global Energy in a report on Monday, April 27th. Wall Street Zen upgraded Kolibri Global Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Kolibri Global Energy

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020. Kolibri Global Energy Inc was incorporated in 2008 and is headquartered in Thousand Oaks, California.