Roth MKM raised the firm’s price target on Kolibri Global Energy (KGEI) to $11 from $6.75 and keeps a Buy rating on the shares. The firm is boosting its 2025 production estimate to 4,781 BOE per day from 3,998 BOE per day driven by strong drilling results at the Tishomingo field im Oklahoma, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KGEI: