Kolibri Global Energy (TSE:KEI)
TSX:KEI
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Kolibri Global Energy
(TSX:KEI)
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Rating:71Outperform
Price Target:
C$8.50
▲(57.12% Upside)
Action:UpgradedDate:03/25/26
The score is driven primarily by solid but cyclical financial performance (profitability and balance sheet strength offset by declining revenue and uneven free cash flow). Technicals add support via strong trend and momentum, while valuation is helped by a low P/E. The earnings call adds a modest positive tilt due to production growth and buybacks, tempered by margin/net income pressure from lower prices and higher costs.
Positive Factors
Material Production Growth
Sustained ~40% YoY production growth meaningfully raises the company’s production base, increasing long-term cash generation potential. For an E&P, larger steady volumes improve operating leverage, support continuous reinvestment in wells, and reduce per‑unit fixed cost exposure across commodity cycles.
Negative Factors
Two-Year Revenue Decline
A multi-year top-line decline undermines long-term earnings visibility. For Kolibri, persistent revenue contraction indicates exposure to commodity realizations and volume risks that can erode the company’s ability to sustain capex, fund buybacks, or build reserves during weaker price regimes.
Read all positive and negative factors
Positive Factors
Negative Factors
Material Production Growth
Sustained ~40% YoY production growth meaningfully raises the company’s production base, increasing long-term cash generation potential. For an E&P, larger steady volumes improve operating leverage, support continuous reinvestment in wells, and reduce per‑unit fixed cost exposure across commodity cycles.
Read all positive factors
Kolibri Global Energy (KEI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$247.26M
Dividend YieldN/A
Average Volume (3M)27.92K
Price to Earnings (P/E)8.9
Beta (1Y)>-0.01
Revenue Growth12.17%
EPS Growth6.99%
CountryCA
Employees8
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.12
Shares Outstanding35,474,304
10 Day Avg. Volume29,365
30 Day Avg. Volume27,921
Financial Highlights & Ratios
PEG Ratio-0.87
Price to Book (P/B)0.69
Price to Sales (P/S)2.42
P/FCF Ratio-6.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.53
Revenue Forecast (FY)C$66.55M
Kolibri Global Energy Business Overview & Revenue Model
Company Description
Kolibri Global Energy Inc. engages in the exploration, development, production, and marketing of oil and gas. in the United States. It produces crude oil, natural gas, and natural gas liquids. As of December 31, 2021, the company primarily held an...
How the Company Makes Money
Kolibri Global Energy makes money primarily by producing and selling hydrocarbons (crude oil and natural gas) from its upstream oil and gas properties. Revenue is generated from the sale of produced volumes to third-party purchasers at market-base...
Kolibri Global Energy Earnings Call Summary
Earnings Call Date:Nov 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 01, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant production and revenue growth, as well as positive steps like a stock buyback program. However, these positives were tempered by declines in net income and netbacks due to lower oil prices and increased operating expenses. The company remains optimistic about future production increases.Positive Updates
Significant Production Increase
Production increased by over 40% year-over-year to over 4,250 barrels of oil equivalent per day.
Negative Updates
Decline in Net Income
Net income decreased to $3.6 million from $5.1 million due to a $1.8 million negative swing in noncash unrealized mark-to-market adjustments on hedges.
Read all updates
Q3-2025 Updates
Positive
Negative
Significant Production Increase
Production increased by over 40% year-over-year to over 4,250 barrels of oil equivalent per day.
Read all positive updates
Company Guidance
During Kolibri Global Energy's Third Quarter 2025 Financial Conference Call, the company reported a significant 40% year-over-year increase in average production, reaching over 4,250 barrels of oil equivalent (BOE) per day, compared to 3,032 BOE per day in the prior year. Despite an 18% decline in oil prices, revenue rose by 15% to $15 million due to higher production levels. Operating expenses were noted at $7.37 per BOE, rising by 11% from the previous year, influenced by a one-time production tax adjustment. Adjusted EBITDA increased by 9% to $11.1 million, while net income decreased to $3.6 million, with basic EPS at $0.10 per share, affected by a $1.8 million negative swing in non-cash unrealized mark-to-market adjustments on hedges. The company reaffirmed its $65 million line of credit and is on track to bring four new wells into production in early December, which is expected to further boost production to an all-time high. Looking forward, Kolibri plans to continue shareholder capital returns through share buybacks, having repurchased approximately 568,000 shares since September 2024.Kolibri Global Energy Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
78
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 57.85M | 74.59M | 114.99M | 48.38M | 19.13M |
| Gross Profit | 31.00M | 34.40M | 80.29M | 25.07M | 8.42M |
| EBITDA | 40.88M | 43.34M | 40.01M | 28.90M | 75.50M |
| Net Income | 15.75M | 18.11M | 19.28M | 13.04M | 71.00M |
Balance Sheet | |||||
| Total Assets | 293.41M | 248.76M | 224.36M | 184.08M | 157.02M |
| Cash, Cash Equivalents and Short-Term Investments | 2.79M | 4.31M | 1.44M | 1.04M | 7.32M |
| Total Debt | 50.45M | 33.99M | 30.84M | 17.85M | 16.91M |
| Total Liabilities | 89.90M | 59.95M | 53.94M | 33.88M | 23.93M |
| Stockholders Equity | 203.50M | 188.81M | 170.41M | 150.20M | 133.09M |
Cash Flow | |||||
| Free Cash Flow | -21.62M | 7.64M | -14.53M | -15.05M | 5.61M |
| Operating Cash Flow | 42.12M | 38.89M | 38.65M | 22.04M | 6.30M |
| Investing Cash Flow | -56.15M | -36.21M | -49.87M | -29.24M | -2.88M |
| Financing Cash Flow | 12.49M | 1.04M | 10.79M | 922.00K | 2.98M |
Kolibri Global Energy Technical Analysis
Neutral
5.41
Price Trends
6.19
Positive
5.78
Positive
6.70
Positive
Market Momentum
0.31
Positive
50.81
Neutral
32.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KEI, the sentiment is Neutral. The current price of 5.41 is below the 20-day moving average (MA) of 7.18, below the 50-day MA of 6.19, and below the 200-day MA of 6.70, indicating a neutral trend. The MACD of 0.31 indicates Positive momentum. The RSI at 50.81 is Neutral, neither overbought nor oversold. The STOCH value of 32.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:KEI.
Kolibri Global Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | C$328.38M | 8.36 | 24.98% | 8.44% | 2.20% | 38.33% | |
74 Outperform | C$94.45M | 0.82 | 18.65% | 2.08% | 10.08% | 322.40% | |
71 Outperform | C$256.49M | 7.63 | 38.78% | 8.04% | 2.27% | 3.61% | |
71 Outperform | C$247.26M | 8.87 | 7.78% | ― | 12.17% | 6.99% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | C$227.59M | -9.66 | -3.24% | ― | -9.55% | -154.04% | |
45 Neutral | C$308.01M | -15.92 | -51.21% | ― | ― | -27.99% |
* Energy Sector Average
TSE:KEI
Kolibri Global Energy
6.97
-2.65
-27.55%
TSE:ALV
Alvopetro Energy
8.94
4.73
112.30%
TSE:HME
Hemisphere Energy
2.72
1.13
70.64%
TSE:SEI
Sintana Energy
0.60
0.12
25.00%
TSE:BNE
Bonterra Energy
6.31
3.43
119.10%
TSE:ORC.B
Orca Exploration Group
3.30
2.13
180.85%
Kolibri Global Energy Corporate Events
Business Operations and StrategyFinancial Disclosures
Kolibri Boosts Proved Developed Reserves 30% as Lower Oil Price Assumptions Hit Valuations
Positive
Mar 18, 2026
Kolibri Global Energy reported a 30% increase in proved developed producing reserves for 2025, driven by its drilling program in Oklahoma’s Caney shale, even as total proved reserves edged up only 1% after producing about 1.5 million BOE. Th...
Business Operations and StrategyRegulatory Filings and Compliance
Kolibri Global Energy Issues First Sustainability Report Aligned With ESG Standards
Positive
Feb 26, 2026
Kolibri Global Energy Inc., a North American oil and gas exploration and production company, operates energy properties in the United States through its subsidiaries and aims to grow by acquiring additional oil and gas projects. Its shares are lis...
Business Operations and StrategyStock BuybackFinancial Disclosures
Kolibri Global Energy Boosts Oil-Weighted Output as New Barnes Wells Outperform Lovina Program
Positive
Jan 13, 2026
Kolibri Global Energy reported strong initial production results from its latest Barnes wells in the Tishomingo field in Oklahoma, with both wells delivering high oil cuts of around 83% and outperforming the earlier Lovina wells on a comparable ba...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.