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Kolibri Global Energy (TSE:KEI)
TSX:KEI
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Kolibri Global Energy
(TSX:KEI)
74Outperform
Kolibri Global Energy (KEI) vs. S&P 500 (SPY)
Market Cap
C$346.37M
Dividend YieldN/A
Average Volume (3M)57.11K
Price to Earnings (P/E)13.7
Beta (1Y)0.46
Revenue Growth17.48%
EPS Growth-4.66%
CountryCA
Employees8
SectorEnergy
Sector Strength50
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.70
Shares Outstanding35,488,808
10 Day Avg. Volume45,869
30 Day Avg. Volume57,111
Financial Highlights & Ratios
PEG Ratio21.18
Price to Book (P/B)N/A
Price to Sales (P/S)5.73
Price to Cash Flow (P/CF)5.40
P/FCF Ratio24.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$15.21Price Target Upside55.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Kolibri Global Energy Business Overview & Revenue Model
Company DescriptionKolibri Global Energy Inc. engages in the exploration, development, production, and marketing of oil and gas. in the United States. It produces crude oil, natural gas, and natural gas liquids. As of December 31, 2021, the company primarily held an interest in approximately 17,163 net acres of shale oil acreage in the Ardmore basin Oklahoma. It had a total proved reserves of 76.1 million barrels of oil equivalent. 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 Newbury Park, California.
How the Company Makes MoneyKolibri Global Energy generates revenue through the extraction and sale of oil and natural gas. The company drills and operates wells, primarily in North America, to produce hydrocarbons which are then sold to refineries and distributors. KEI's revenue streams are significantly influenced by market prices for oil and natural gas, production volumes, and operational efficiency. Additionally, the company may engage in strategic partnerships or joint ventures to enhance its operational capabilities and expand its asset base, thereby potentially increasing its revenue. Commodity price fluctuations, regulatory changes, and technological advancements are key factors that can impact KEI's earnings.
Kolibri Global Energy Financial Statement Overview
Summary
Kolibri Global Energy demonstrates strong financial performance with significant revenue growth and high profitability margins. The balance sheet is stable with low leverage, and while cash flow from operations is robust, capital expenditures have impacted free cash flow. Overall, the company's financial health is solid but could benefit from optimizing capital investments.Income Statement
Kolibri Global Energy shows a strong financial performance with consistent revenue growth as demonstrated by a 140% increase from 2022 to TTM. The company maintains high profitability margins, with a Gross Profit Margin of 74.5% and a Net Profit Margin of 14.8% in TTM, indicating efficient cost management and profitability. However, the Net Profit has decreased slightly in TTM compared to the previous year, hinting at potential cost pressures or strategic investments affecting the bottom line.85
Very Positive
Balance Sheet
The company's balance sheet reflects a solid financial structure with an Equity Ratio of 77.4% in TTM, showcasing strong equity financing. The Debt-to-Equity Ratio is low at 0.17, indicating low leverage and reduced financial risk. However, the Return on Equity (ROE) of 9.4% suggests room for improvement in generating returns from equity. Overall, the balance sheet is stable and well-capitalized.78
Positive
Cash Flow
Kolibri Global Energy's cash flow statement highlights positive operational cash flow and a return to positive Free Cash Flow in TTM. The Operating Cash Flow to Net Income Ratio is robust at 2.25, demonstrating effective cash generation from operations. However, the Free Cash Flow to Net Income Ratio is lower at 0.07, suggesting significant capital expenditures impacting free cash flow. The company needs to manage its capital investments to improve free cash flow sustainability.70
Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 116.43M | 114.99M | 48.38M | 19.13M | 12.25M | 22.18M | Gross Profit |
| 86.73M | 80.29M | 25.07M | 8.42M | 2.21M | 7.40M | EBIT |
| 74.26M | 75.18M | 21.32M | 5.70M | -700.00K | 3.33M | EBITDA |
| 93.69M | 90.61M | 28.90M | 9.29M | 3.91M | 8.06M | Net Income Common Stockholders |
| 17.27M | 19.28M | 13.04M | 71.00M | -71.74M | -2.19M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.46M | 1.44M | 1.04M | 7.32M | 920.00K | 3.09M | Total Assets |
| 164.56M | 224.36M | 184.08M | 157.02M | 82.18M | 161.21M | Total Debt |
| 29.55M | 30.84M | 17.85M | 16.91M | 20.86M | 27.27M | Net Debt |
| 28.09M | 30.24M | 16.81M | 9.59M | 19.94M | 24.18M | Total Liabilities |
| 38.52M | 53.94M | 33.88M | 23.93M | 26.54M | 35.17M | Stockholders Equity |
| 126.04M | 170.41M | 150.20M | 133.09M | 55.65M | 126.03M |
| Cash Flow | Free Cash Flow | ||||
| 1.23M | -14.53M | -15.05M | 5.61M | 6.11M | 4.48M | Operating Cash Flow |
| 38.77M | 38.65M | 22.04M | 6.30M | 6.11M | 6.77M | Investing Cash Flow |
| -43.22M | -49.87M | -29.24M | -2.88M | -1.64M | -2.48M | Financing Cash Flow |
| 5.57M | 10.79M | 922.00K | 2.98M | -6.64M | -2.66M |
Kolibri Global Energy Technical Analysis
Negative
9.76
Price Trends
10.96
Negative
9.79
Negative
7.18
Positive
Market Momentum
-0.39
Positive
42.96
Neutral
42.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KEI, the sentiment is Negative. The current price of 9.76 is below the 20-day moving average (MA) of 10.42, below the 50-day MA of 10.96, and above the 200-day MA of 7.18, indicating a neutral trend. The MACD of -0.39 indicates Positive momentum. The RSI at 42.96 is Neutral, neither overbought nor oversold. The STOCH value of 42.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KEI.
Kolibri Global Energy Peers Comparison
Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Performance Comparison
TSE:KEI
Kolibri Global Energy
9.56
5.20
119.27%
BTE
Baytex Energy
1.64
-2.08
-55.91%
ZPTAF
Surge Energy
3.52
-1.64
-31.78%
VET
Vermilion Energy
6.41
-4.98
-43.72%
PRPRF
Prairie Provident Resources
0.02
-0.02
-50.00%
Kolibri Global Energy Earnings Call Summary
Earnings Call Date: Mar 25, 2025 | % Change Since: -4.69% | Next Earnings Date: May 14, 2025
Earnings Call Sentiment Positive
The earnings call reflected a strong performance in 2024 with significant production increases, revenue growth, and cost management achievements despite some setbacks in net income and pricing. The company's strategic initiatives and successful cost control have positioned it well for future growth, as indicated by optimistic forecasts for 2025.Highlights
Significant Production Increase
Production increased by 24% over 2023, achieving 3,478 BOE per day compared to 2,796 in the prior year.
Record-Breaking Revenue and EBITDA
Net revenue for 2024 was $58.5 million, a 60% increase from the previous year. Adjusted EBITDA increased by 28% to $44 million.
Successful Cost Management
Operating expenses were maintained at $7.44 per BOE with significant improvements in drilling times and costs.
Crude Reserves Growth
Year-end crude reserves increased by 24% over the 2023 year-end numbers.
Positive Stock Performance
Company's stock price gained 58% in 2024 and continued to rise in 2025.
Optimistic 2025 Forecast
Forecasted production growth of 29% to 47% and revenue increase of 28% to 52% for 2025.
Lowlights
Net Income Decrease
Net income decreased by 6% to $18.1 million, and EPS dropped from $0.54 to $0.51 per share compared to 2023.
Price and Netback Decline
Average prices dropped 7%, and netback from operations decreased to $38.54 per BOE compared to $42.97 in 2023.
Higher Operating Expenses
Operating expenses increased compared to 2023, with specific mention of $0.63 cost true-ups included in 2024.
Company Guidance
During the Kolibri Global Energy's 2024 Annual Financials Conference Call, the company provided guidance on several metrics and strategic plans for 2025. They reported a 24% increase in production over 2023 with efficient operations leading to unhedged netbacks of $38.54 per BOE. The average operating expenses were $7.44 per BOE, and they achieved a significant 24% increase in year-end crude reserves. Their net revenue for 2024 was $58.5 million, a 60% increase from the prior year, while adjusted EBITDA rose by 28% to $44 million. For 2025, Kolibri forecasts production to grow between 29% and 47%, with expected revenues of $75 million to $89 million and adjusted EBITDA between $58 million and $71 million. They plan to invest $48 million to $53 million in CapEx, funding nine wells, including seven longer laterals, primarily through operational cash flow. The company also highlighted their intention to continue their share buyback program, aiming to maintain a net debt of $25 million to $30 million by year-end 2025.Kolibri Global Energy Corporate Events
Business Operations and StrategyFinancial Disclosures
Kolibri Global Energy Announces Q1 2025 Earnings Release and Investor Engagement Initiatives
Neutral
Apr 15, 2025
Kolibri Global Energy Inc. has announced plans to release its first quarter 2025 financial and operating results on May 14, 2025, followed by a conference call for investors and analysts. Additionally, the company will participate in a Renmark virtual webinar and has updated its corporate presentation available on its website. These activities highlight Kolibri’s efforts to engage with stakeholders and provide transparency about its operations and strategic direction.
Spark’s Take on TSE:KEI Stock
According to Spark, TipRanks’ AI Analyst, TSE:KEI is a Outperform.
Kolibri Global Energy’s overall stock score of 78 reflects a strong financial foundation, positive technical indicators, and promising future growth potential. Strengths in cash flow and equity management are complemented by recent corporate achievements in reserve growth. However, challenges in revenue consistency and a moderate valuation limit the score. The positive outlook from the earnings call and corporate events suggests potential for continued upward momentum.
To see Spark’s full report on TSE:KEI stock, click here.
Business Operations and StrategyFinancial Disclosures
Kolibri Global Energy Boosts Reserves and Value with Successful Drilling
Positive
Mar 13, 2025
Kolibri Global Energy Inc. announced a significant increase in its 2024 proved reserves, which grew by 24% to 40.2 million barrels of oil equivalent, raising the net present value to US$535 million. This growth is attributed to successful drilling operations and longer lateral wells, with a current five-well drilling program underway. The company anticipates further cash flow and shareholder value increases through its 2025 drilling program, which includes new wells on its east side acreage, potentially opening additional development opportunities.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.