Brokers Issue Forecasts for KGEI FY2024 Earnings

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Research analysts at Sidoti Csr issued their FY2024 earnings per share estimates for Kolibri Global Energy in a research note issued on Tuesday, November 26th. Sidoti Csr analyst K. May anticipates that the company will post earnings per share of $0.48 for the year. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.40 per share. Sidoti Csr also issued estimates for Kolibri Global Energy’s Q4 2024 earnings at $0.14 EPS, Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.18 EPS, FY2025 earnings at $0.62 EPS, Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.20 EPS and FY2026 earnings at $0.73 EPS.

Kolibri Global Energy Trading Up 0.6 %

Shares of KGEI stock opened at $4.22 on Thursday. Kolibri Global Energy has a 1-year low of $2.84 and a 1-year high of $4.60. The company has a market cap of $150.41 million and a price-to-earnings ratio of 8.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a 50 day simple moving average of $3.44 and a 200-day simple moving average of $3.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kolibri Global Energy stock. National Bank of Canada FI bought a new position in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 43,808 shares of the company’s stock, valued at approximately $140,000. National Bank of Canada FI owned about 0.12% of Kolibri Global Energy as of its most recent SEC filing. 27.26% of the stock is owned by institutional investors.

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.