Kolibri Global Energy Reports 72% Increase in Q1 2025 Net Income

Kolibri Global Energy ( (TSE:KEI) ) has provided an announcement.

Kolibri Global Energy Inc. reported a significant 72% increase in net income for the first quarter of 2025, reaching $5.8 million, driven by a 23% rise in production and reduced commodity contract losses. The company achieved a 24% increase in adjusted EBITDA due to higher revenue, while also reducing production and operating expenses per barrel. The company is advancing its drilling operations with longer lateral wells, which has improved internal rates of return and reduced costs. The completion of four Lovina wells is expected to start in late May, with production anticipated in the third quarter, alongside the successful drilling of the Forguson well, which is also expected to begin production in the third quarter.

The most recent analyst rating on (TSE:KEI) stock is a Buy with a C$6.75 price target. To see the full list of analyst forecasts on Kolibri Global Energy stock, see the TSE:KEI Stock Forecast page.

Spark’s Take on TSE:KEI Stock

According to Spark, TipRanks’ AI Analyst, TSE:KEI is a Outperform.

Kolibri Global Energy’s strong financial stability and positive earnings call outlook are key strengths, driving its stock score. Technical analysis shows mixed signals, while valuation remains reasonable. Recent corporate events support future growth prospects, contributing positively to the overall score.

To see Spark’s full report on TSE:KEI stock, click here.

More about Kolibri Global Energy

Kolibri Global Energy Inc. operates in the energy sector, focusing on oil and gas production. The company is involved in drilling and completing wells to enhance production, with a market focus on increasing efficiency and reducing costs through advanced drilling techniques.

Average Trading Volume: 60,081

Technical Sentiment Signal: Buy

Current Market Cap: C$297.8M

For an in-depth examination of KEI stock, go to TipRanks’ Stock Analysis page.