Kolibri Global Energy Q1 Earnings Call Highlights

2 days ago 10

MarketBeat

Thu, May 14, 2026 astatine 12:09 PM CDT 6 min read

Key Points

Interested successful Kolibri Global Energy Inc.? Here are 5 stocks we similar better.
Kolibri Global Energy posted what absorption called its strongest 4th ever, with grounds first-quarter accumulation of 4,685 BOE/day, nett gross of $19.6 million, and adjusted EBITDA of $14.8 million.
The institution continued to fortify its equilibrium sheet: borrowing capableness was raised to $75 million from $65 million, portion nett indebtedness edged down to $45 million and absorption said much paydowns are planned.
Kolibri has a three-well drilling program underway, with the moving involvement successful those wells accrued to astir 88%; absorption is besides weighing however to allocate other currency among drilling, indebtedness reduction, and stock buybacks.

Kolibri Global Energy (NASDAQ:KGEI) reported what absorption described arsenic the strongest 4th successful the company’s past for respective operating and fiscal metrics, with President and CEO Wolf E. Regener saying first-quarter 2026 results included grounds quarterly production, nett gross and adjusted EBITDA.

Regener said first-quarter accumulation averaged 4,685 barrels of lipid equivalent per day, up from 4,493 BOE per time successful the 4th fourth of 2025. He said the institution achieved that accumulation level adjacent though “only March had the interaction of the lipid terms increase.” Regener besides noted that, based connected 2025 yearly production, Kolibri has generated a 35% compound yearly accumulation maturation complaint implicit the past 3 years.

Revenue and EBITDA scope institution highs

→ Rocket Lab Just Hit a New All-Time High—Time to Buy oregon Let It Breathe?

Chief Financial Officer Gary Johnson said nett gross roseate 20% to $19.6 million, compared with $16.4 cardinal successful the anterior quarter, driven by higher production. Johnson said mean accumulation accrued 15% to 4,685 BOE per time from 4,077 BOE per time successful the anterior quarter, reflecting the publication from wells drilled during 2025.

Adjusted EBITDA accrued 16% to $14.8 million, compared with $12.8 cardinal successful the anterior quarter, chiefly owed to higher revenue. Net income was $4 million, oregon $0.11 per basal share, compared with $5.8 million, oregon $0.16 per basal share, successful the aforesaid play of 2025.

→ MP Materials Is Quietly Building a Rare Earth Powerhouse

Johnson attributed the diminution successful nett income to a $2.9 cardinal non-cash mark-to-market unrealized loss connected commodity contracts tied to the important summation successful lipid prices successful March 2026.

Operating disbursal was $8 per BOE successful the quarter, compared with $7.07 per BOE successful the archetypal 4th of the anterior year, a 13% increase. Johnson said the summation reflected workover costs connected a non-operated well, reassessed prior-year earthy state and NGL gathering and processing fees, and higher h2o hauling costs.

Read Entire Article