Kolibri Global Energy
KGEINASDAQUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $5.56 Prior regular-session close from the quote source.
- $4.78–$5.64 Regular-session low and high so far today.
- 281.3K Regular-session shares traded · Nov 13, 4:00 PM ET.
- Not yet confirmed The company has not confirmed its next report date. Reported quarters are available in the chart’s Earnings view.
- $3.35–$7.37 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own KGEI if its drilling inventory keeps converting into high-margin cash flow per share; it fails if depletion and commodity cyclicality force more capital in for less output.
KGEI price history
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Investment thesis
What must happen next
Kolibri’s remaining development inventory continues to offset natural production declines and convert drilling capital into saleable oil and gas volumes.HoldingMateriality: High
Annual IFRS revenue was $57.421 million in FY2025, still well above $37.606 million in FY2022. If this holds, the asset base can support continued cash generation; if it breaks, revenue becomes a depletion story rather than a reinvestment story.
Watch: New wells underperform expected initial production or decline faster than prior wells, showing the best acreage has already been drilled.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual IFRS revenue was $57.421 million in FY2025, still well above $37.606 million in FY2022.
Open source ↗Kolibri’s cost structure, realized pricing, and working-interest economics remain strong enough for commodity sales to translate into profits through the cycle.HoldingMateriality: High
Annual IFRS net_income remained positive in each reported year from FY2022 through FY2025. Revenue growth only creates owner value if operating costs, royalties, depletion, and taxes do not consume the commodity upside.
Watch: Oilfield service-cost inflation, higher lease operating expense, or higher production taxes structurally raise the breakeven cost of Kolibri’s wells.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual IFRS net_income remained positive in each reported year from FY2022 through FY2025.
Open source ↗Kolibri’s operations generate enough cash to fund a meaningful portion of development internally rather than depending primarily on external capital.StrengtheningMateriality: Medium
Annual IFRS operating_cash_flow increased to $41.535 million in FY2025 from $38.889 million in FY2024. Self-funded development protects per-share value in a cyclical industry; dependence on outside capital raises dilution and distress risk.
Watch: A commodity-price shock cuts cash receipts while drilling and lease commitments remain fixed.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual IFRS operating_cash_flow increased to $41.535 million in FY2025 from $38.889 million in FY2024.
Open source ↗Kolibri keeps enough balance-sheet flexibility to absorb commodity volatility and keep drilling decisions economic rather than forced.HoldingMateriality: Medium
FY2025 IFRS liabilities were $90.066 million against FY2025 assets of $293.942 million. A flexible balance sheet lets the company wait for attractive returns; a constrained one can force asset sales, dilution, or drilling at poor economics.
Watch: Reserve-based lenders reduce borrowing availability after lower commodity-price assumptions or reserve revisions.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
FY2025 IFRS liabilities were $90.066 million against FY2025 assets of $293.942 million.
Open source ↗Management reinvests in development only when it improves per-share economics, rather than expanding the asset base while returns fade.WeakeningMateriality: Medium
Annual IFRS eps_diluted remained positive at $0.43 in FY2025. For shareholders, a larger production base is not enough; the payoff must show up in earnings and cash flow per share.
Watch: Management issues equity or convertible securities to fund drilling without a clear per-share return uplift.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Annual IFRS eps_diluted remained positive at $0.43 in FY2025.
Open source ↗
Full investment case & evidence
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Original research
Kolibri’s remaining development inventory continues to offset natural production declines and convert drilling capital into saleable oil and gas volumes. If this holds, the asset base can support continued cash generation; if it breaks, revenue becomes a depletion story rather than a reinvestment story.
Kolibri’s cost structure, realized pricing, and working-interest economics remain strong enough for commodity sales to translate into profits through the cycle. Revenue growth only creates owner value if operating costs, royalties, depletion, and taxes do not consume the commodity upside.
Kolibri’s operations generate enough cash to fund a meaningful portion of development internally rather than depending primarily on external capital. Self-funded development protects per-share value in a cyclical industry; dependence on outside capital raises dilution and distress risk.
Kolibri keeps enough balance-sheet flexibility to absorb commodity volatility and keep drilling decisions economic rather than forced. A flexible balance sheet lets the company wait for attractive returns; a constrained one can force asset sales, dilution, or drilling at poor economics.
Management reinvests in development only when it improves per-share economics, rather than expanding the asset base while returns fade. For shareholders, a larger production base is not enough; the payoff must show up in earnings and cash flow per share.
All standing thesis claims
Original report summary
its drilling inventory keeps converting into high-margin cash flow per share; it fails if depletion and commodity cyclicality force more capital in for less output.
Bull case and bear case
Bull case and bear case for Kolibri Global Energy
Where the evidence on Kolibri Global Energy disagrees: Mixed on the latest evidence (Nov 8, 2026). Of its 5 thesis points, 1 strengthening, 3 holding and 1 weakening.
Bull case: what the evidence supports
Kolibri’s remaining development inventory continues to offset natural production declines and convert drilling capital into saleable oil and gas volumes.
Kolibri’s cost structure, realized pricing, and working-interest economics remain strong enough for commodity sales to translate into profits through the cycle.
Kolibri’s operations generate enough cash to fund a meaningful portion of development internally rather than depending primarily on external capital.
Kolibri keeps enough balance-sheet flexibility to absorb commodity volatility and keep drilling decisions economic rather than forced.
Bear case: what the evidence questions
Management reinvests in development only when it improves per-share economics, rather than expanding the asset base while returns fade.
Thesis-Break Engine
Thesis-break watch · Kolibri Global Energy
No break has crossed Kolibri Global Energy’s thesis. Its break conditions are checked against every new filing as it lands.
MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedForeign issuer material report (6-K).
Kolibri Global Energy filed an SEC report on 2026-10-15: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
- MixedForeign issuer material report (6-K).
Kolibri Global Energy filed an SEC report on 2026-09-21: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
- MixedForeign issuer material report (6-K).
Kolibri Global Energy filed an SEC report on 2026-08-13: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- New wells underperform expected initial production or decline faster than prior wells, showing the best acreage has already been drilled.
- Oilfield service-cost inflation, higher lease operating expense, or higher production taxes structurally raise the breakeven cost of Kolibri’s wells.
- A commodity-price shock cuts cash receipts while drilling and lease commitments remain fixed.
- Reserve-based lenders reduce borrowing availability after lower commodity-price assumptions or reserve revisions.
- Management issues equity or convertible securities to fund drilling without a clear per-share return uplift.
KGEI news
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Financial statements
KGEI income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
KGEI: quick answers
- What is KGEI's short interest?
- As of October 30, 2026, 893,832 KGEI shares were sold short, up 4.8% from the count before. At the stock's average daily volume that is 6.8 days to cover. FINRA publishes the count twice a month. KGEI short interest history