Roth Capital Comments on Kolibri Global Energy Inc.’s Q2 2024 Earnings (TSE:KEI)

Kolibri Global Energy Inc. (TSE:KEI) – Equities research analysts at Roth Capital decreased their Q2 2024 earnings per share estimates for Kolibri Global Energy in a note issued to investors on Tuesday, June 18th. Roth Capital analyst J. White now forecasts that the company will earn $0.22 per share for the quarter, down from their previous estimate of $0.23. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.96 per share. Roth Capital also issued estimates for Kolibri Global Energy’s Q3 2024 earnings at $0.22 EPS, FY2024 earnings at $0.86 EPS, Q1 2025 earnings at $0.30 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS and Q4 2025 earnings at $0.33 EPS.

Kolibri Global Energy (TSE:KEI) last announced its quarterly earnings data on Monday, May 13th. The company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). The firm had revenue of C$19.26 million during the quarter, compared to the consensus estimate of C$19.45 million. Kolibri Global Energy had a net margin of 29.11% and a return on equity of 8.87%.

Kolibri Global Energy Stock Performance

Shares of KEI opened at C$4.60 on Wednesday. The firm has a market cap of C$163.90 million, a P/E ratio of 8.36 and a beta of 2.48. Kolibri Global Energy has a 52 week low of C$3.82 and a 52 week high of C$6.67. The firm’s 50-day simple moving average is C$4.51 and its 200 day simple moving average is C$4.56.

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.