Research Analysts Issue Forecasts for KGEI Q1 Earnings

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Equities research analysts at Roth Capital lifted their Q1 2025 earnings per share estimates for shares of Kolibri Global Energy in a note issued to investors on Monday, February 17th. Roth Capital analyst J. White now expects that the company will post earnings of $0.20 per share for the quarter, up from their previous estimate of $0.13. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.49 per share.

Separately, Roth Mkm raised their price target on shares of Kolibri Global Energy from $6.75 to $11.00 and gave the company a “buy” rating in a report on Tuesday.

Kolibri Global Energy Price Performance

KGEI opened at $9.23 on Wednesday. The firm has a market capitalization of $327.48 million, a PE ratio of 19.23, a price-to-earnings-growth ratio of 1.04 and a beta of 0.02. 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 business’s 50-day moving average is $6.70 and its two-hundred day moving average is $4.58. Kolibri Global Energy has a 1 year low of $2.85 and a 1 year high of $9.89.

Hedge Funds Weigh In On Kolibri Global Energy

A number of large investors have recently made changes to their positions in KGEI. National Bank of Canada FI purchased a new position in Kolibri Global Energy during the 3rd quarter worth $140,000. Millennium Management LLC raised its stake in Kolibri Global Energy by 47.0% in the fourth quarter. Millennium Management LLC now owns 62,992 shares of the company’s stock valued at $335,000 after buying an additional 20,135 shares during the last quarter. TFG Asset Management GP Ltd boosted its holdings in Kolibri Global Energy by 37.7% in the fourth quarter. TFG Asset Management GP Ltd now owns 9,739,635 shares of the company’s stock worth $51,815,000 after acquiring an additional 2,669,067 shares in the last quarter. 683 Capital Management LLC purchased a new stake in shares of Kolibri Global Energy during the fourth quarter worth about $364,000. Finally, Truffle Hound Capital LLC acquired a new position in shares of Kolibri Global Energy during the fourth quarter valued at about $2,660,000. 27.26% of the stock is owned by institutional investors and hedge funds.

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.