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Kolibri Global Energy Inc. (TSE:KEI)
:KEI
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: 16.50%
|Next Earnings Date:May 02, 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.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.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.
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TSE:KEI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:KEI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | C$10.24 | C$11.21 | +9.47% |
| Nov 13, 2024 | C$4.80 | C$4.84 | +0.83% |
| Aug 13, 2024 | C$4.46 | C$4.47 | +0.22% |
| May 13, 2024 | C$4.26 | C$4.18 | -1.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kolibri Global Energy Inc. (TSE:KEI) report earnings?
Kolibri Global Energy Inc. (TSE:KEI) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Kolibri Global Energy Inc. (TSE:KEI) earnings time?
Kolibri Global Energy Inc. (TSE:KEI) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:KEI EPS forecast?
TSE:KEI EPS forecast for the fiscal quarter 2025 (Q1) is 0.23.
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