Kolibri (KGEI) Shareholders Approve Cap on Authorized Common Shares at 37.4M

2 days ago 1

Abdul Rahman

Tue, December 9, 2025 astatine 10:49 AM CST 2 min read

Kolibri Global Energy Inc. (NASDAQ:KGEI) is one of the inexpensive lipid stocks nether $10 to bargain now. On November 25, Kolibri Global Energy Inc. (NASDAQ:KGEI) revealed that shareholders approved a solution to headdress the fig of authorized communal shares astatine 37,367,894. The support followed a peculiar gathering that was convened successful effect to a September 2025 requisition by TFG Asset Management UK LLP, a large shareholder.

Kolibri (KGEI) Shareholders Approve Cap connected  Authorized Common Shares astatine  37.4M

Kolibri (KGEI) Shareholders Approve Cap connected Authorized Common Shares astatine 37.4M

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In a antithetic update, the institution disclosed its Q3 2025 fiscal results connected November 12, reporting $15 cardinal successful nett revenues (net of royalties). The gross is simply a 15% maturation from Q3 2024 level, which absorption stated was owed to a 40% accumulation surge from caller wells drilled and completed successful the archetypal 9 months of 2025. This surge was, however, partially offset by an 18% driblet successful realized prices. The gross fig missed forecasts of $15.62 million.

The quarter’s EPS came successful astatine $0.10, down from $0.14 successful the prior-year 4th and beneath the $0.12 statement estimate. The crushed for the miss was a $0.5 cardinal unrealized nonaccomplishment connected commodity contracts, arsenic noted by management.

Kolibri Global Energy Inc. (NASDAQ:KGEI) is an autarkic lipid and earthy state company. It develops and operates accumulation assets successful the United States, and its superior facilities see horizontal drilling and completion projects. Kolibri’s main products are crude lipid and earthy gas, generated done targeted exploration and improvement programs.

While we admit the imaginable of KGEI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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