Roth Capital Has Positive Outlook of KGEI FY2024 Earnings

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Analysts at Roth Capital upped their FY2024 earnings per share (EPS) estimates for Kolibri Global Energy in a research report issued on Wednesday, December 11th. Roth Capital analyst J. White now anticipates that the company will post earnings per share of $0.49 for the year, up from their prior estimate of $0.40. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.44 per share. Roth Capital also issued estimates for Kolibri Global Energy’s Q4 2024 earnings at $0.15 EPS, Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.51 EPS.

Kolibri Global Energy Stock Performance

Shares of NASDAQ KGEI opened at $5.55 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $197.81 million, a price-to-earnings ratio of 11.56, a P/E/G ratio of 0.78 and a beta of 0.93. The stock’s fifty day moving average price is $3.76 and its two-hundred day moving average price is $3.47. Kolibri Global Energy has a one year low of $2.84 and a one year high of $5.57.

Hedge Funds Weigh In On Kolibri Global Energy

An institutional investor recently bought a new position in Kolibri Global Energy stock. National Bank of Canada FI purchased a new stake in Kolibri Global Energy Inc. (NASDAQ:KGEI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 43,808 shares of the company’s stock, valued at approximately $140,000. National Bank of Canada FI owned approximately 0.12% of Kolibri Global Energy at the end of the most recent quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

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.