Q1 2024 Earnings Forecast for Kolibri Global Energy Inc. (TSE:KEI) Issued By Roth Capital

Kolibri Global Energy Inc. (TSE:KEI) – Stock analysts at Roth Capital cut their Q1 2024 earnings per share (EPS) estimates for shares of Kolibri Global Energy in a research report issued to clients and investors 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 forecast 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 announced its quarterly earnings data on Thursday, May 2nd. The company reported C$0.19 earnings per share 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 Trading Down 1.1 %

Kolibri Global Energy stock opened at C$4.44 on Wednesday. The company has a market capitalization of C$158.20 million, a PE ratio of 6.94 and a beta of 2.48. Kolibri Global Energy has a 12 month low of C$3.82 and a 12 month high of C$6.67. The stock has a 50-day moving average price of C$4.53 and a two-hundred day moving average price of C$4.83.

Insider Buying and Selling at Kolibri Global Energy

In related news, Director David Loren Neuhauser acquired 6,900 shares of the stock in a transaction dated Tuesday, February 20th. The stock was bought at an average cost of C$4.13 per share, for a total transaction of C$28,497.00. Over the last three months, insiders bought 12,600 shares of company stock worth $54,895. 1.09% of the stock is currently 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.