Roth Capital Issues Optimistic Estimate for TSE:KEI Earnings

Kolibri Global Energy Inc. (TSE:KEI) – Roth Capital raised their FY2024 EPS estimates for shares of Kolibri Global Energy in a note issued to investors on Wednesday, December 11th. Roth Capital analyst J. White now forecasts that the company will post earnings per share of $0.69 for the year, up from their previous forecast of $0.54. Roth Capital also issued estimates for Kolibri Global Energy’s Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.18 EPS, Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.20 EPS and FY2025 earnings at $0.72 EPS.

Kolibri Global Energy Stock Performance

Shares of TSE KEI opened at C$7.39 on Monday. The stock has a market cap of C$264.12 million, a P/E ratio of 13.04 and a beta of 2.32. The firm has a 50 day moving average price of C$5.23 and a two-hundred day moving average price of C$4.76. Kolibri Global Energy has a 52-week low of C$3.82 and a 52-week high of C$8.25.

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.