Equities Analysts Issue Forecasts for Kolibri Global Energy Inc.’s Q1 2024 Earnings (TSE:KEI)

Kolibri Global Energy Inc. (TSE:KEI) – Equities research analysts at Roth Capital dropped their Q1 2024 earnings estimates for shares of Kolibri Global Energy in a report issued on Monday, May 6th. Roth Capital analyst J. White now forecasts that the company will post earnings of $0.15 per share for the quarter, down from their previous estimate of $0.44. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $1.22 per share. Roth Capital also issued estimates for Kolibri Global Energy’s Q2 2024 earnings at $0.23 EPS, Q3 2024 earnings at $0.25 EPS, Q4 2024 earnings at $0.26 EPS and FY2024 earnings at $0.88 EPS.

Kolibri Global Energy (TSE:KEI) last released its quarterly earnings data on Thursday, May 2nd. The company reported C$0.19 earnings per share (EPS) for the quarter. The business had revenue of C$18.12 million during the quarter. Kolibri Global Energy had a return on equity of 11.05% and a net margin of 36.84%.

Kolibri Global Energy Stock Performance

KEI stock opened at C$4.49 on Wednesday. The stock’s fifty day moving average is C$4.53 and its two-hundred day moving average is C$4.84. The stock has a market capitalization of C$159.98 million, a price-to-earnings ratio of 7.02 and a beta of 2.48. Kolibri Global Energy has a 1 year low of C$3.82 and a 1 year high of C$6.67.

Insider Activity at Kolibri Global Energy

In other news, Director David Loren Neuhauser bought 6,900 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was purchased at an average price of C$4.13 per share, for a total transaction of C$28,497.00. Insiders have bought a total of 16,000 shares of company stock worth $68,597 in the last ninety days. 1.09% of the stock is owned by insiders.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the exploration, development, production, and marketing of oil, gas clean and sustainable energy in the United States. It produces 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.