KGEI

Penguin Solutions Performance: Shares of Penguin Solutions, Inc. rose 2% to $18.41 in pre-market trading after the company reported better-than-expected second-quarter results and projected a 17% year-over-year net sales growth for FY25.

Stock Movements: Several stocks experienced significant changes in pre-market trading, with Protagenic Therapeutics gaining 173.2% and Kolibri Global Energy falling 41.7%, reflecting a mix of gains and losses across various companies.

Revenue and Production Growth: Kolibri Global Energy reported a 16% increase in net revenues for 2024, totaling $58.5 million, driven by a 24% rise in production to an average of 3,478 BOEPD.

Future Projections: The company forecasts a significant production increase for 2025, estimating between 4,500 to 5,100 BOEPD, which could lead to projected revenues of $75 million to $89 million, marking an increase of up to 52% from 2024.

Earnings Performance: Kolibri Global Energy Inc. (KGEI) reported quarterly earnings of $0.16 per share, exceeding estimates and showing a year-over-year increase, while revenues of $17.37 million fell short of expectations.

Market Outlook: The company's stock has risen 37% this year, and with a favorable earnings estimate revision trend leading to a Zacks Rank #2 (Buy), it is expected to outperform the market despite the alternative energy industry's current low ranking.

2024 Financial Performance: Kolibri Global Energy reported a 16% increase in net revenues to $58.5 million for 2024, driven by a 24% rise in production despite a 7% decrease in average prices. Adjusted EBITDA rose by 13% to $44 million, while net income fell by 6% to $18.1 million due to higher operating expenses and taxes.

Future Projections: The company anticipates continued growth with a 2025 production forecast of 4,500 to 5,100 BOEPD, representing a 29% to 47% increase from 2024, alongside projected revenues of $75 million to $89 million, marking a 28% to 52% increase.

U.S. Stock Market Performance: U.S. stock futures are slightly up, with the S&P500 gaining 0.1% and Nasdaq 100 up 0.2%. Consumer Discretionary and Communications Services sectors performed well, while Healthcare and Utilities lagged behind; investors remain optimistic despite disappointing Consumer Confidence data.

Commodities and Earnings Highlights: WTI Crude Oil prices stay above $69 per barrel amid a significant draw in API Petroleum inventories, indicating rising demand. SurgePays saw a notable increase of 95.7% after earnings, alongside other companies like GameStop and Paysign also experiencing gains.

Q4 Financial Performance: Kolibri reported a Q4 revenue of $17.44 million, up from $13.44 million last year, with a 24% increase in production and lower capital expenditures than forecasted.

Operational Efficiency: The company achieved cost efficiencies, drilling longer laterals while spending less per well compared to their 2023 drilling program, contributing to continued growth in production and revenue.

Production and Revenue Forecast: Kolibri Global Energy anticipates a production increase of 29% to 47% in 2025, with projected revenue rising by 28% to 52%, and adjusted EBITDA expected to grow by 32% to 61% compared to 2024.

Stock Market Insights: The article highlights tools for identifying stock risks and opportunities, along with competitor analyses to help investors make informed decisions.

Reserves Growth: Kolibri Global Energy Inc. reported a 24% increase in Proved Reserves to 40.2 million barrels of oil equivalent (BOEs) as of December 31, 2024, with Proved Developed Producing reserves growing by 15% to 9 million BOEs, despite a decrease in forecast pricing.

Future Development Plans: The company is set to drill seven longer lateral wells and complete two previously drilled wells in 2025, aiming to enhance cash flow and shareholder value, while also exploring additional development opportunities in the Caney formation.

Upcoming Drilling Operations: Kolibri Global Energy Inc. is set to begin drilling four new wells in the Tishomingo field, with operations scheduled to start in March and production expected to commence in June. Additionally, a new well, Forguson 17-20-3H, will follow after the Lovina wells are completed.

Financial Updates and Conferences: The company plans to release its year-end financial results on March 25, 2025, followed by a conference call on March 26. Key executives will also participate in upcoming investment conferences in March to discuss the company's performance and future outlook.

Investment Opportunities: The article discusses the potential for significant gains by investing in overlooked fast-growing companies like FAT Brands and Kolibri Global Energy, which are currently off Wall Street's radar but show strong revenue growth and profitability.

Market Dynamics: It highlights that while most investors focus on a few popular stocks, there are substantial opportunities for those willing to explore lesser-known companies that could attract attention and experience price increases as they grow.

Energy Sector Recovery: The S&P 500 Energy Sector Index has gained 9.2% in early 2025, driven by rising oil and gas prices due to extreme weather, falling U.S. stockpiles, and new sanctions on Russia's oil industry.

Top Performing Stocks: Five energy stocks leading the charge include Constellation Energy, Kolibri Global Energy, Berry Corporation, Cheniere Energy, and Plains All American Pipeline, all showing significant gains and strong growth potential according to Zacks rankings.

2025 Production and Financial Guidance: Kolibri Global Energy Inc. forecasts average production of 4,500 to 5,100 boepd, revenue between US$75 million to US$89 million, and adjusted EBITDA of US$58 million to US$71 million for 2025, reflecting significant growth from 2024 estimates.

Development Plans and Strategy: The company plans to drill nine wells in its Tishomingo field, including testing the economics of the Caney Formation, with a focus on cash flow growth, shareholder returns, and expanding reserves through successful drilling campaigns.

2025 Guidance for Kolibri Global Energy: Kolibri Global Energy has projected adjusted EBITDA between $58 million to $71 million and revenue between $75 million to $89 million for 2025, with average production expected to be between 4,500 to 5,100 boepd.

CEO's Statement on Growth: CEO Wolf Regener expressed optimism about continued growth in 2025, highlighting significant increases in production, revenue, and EBITDA compared to 2024 forecasts, even under a $70 WTI price assumption.

Production Update: Kolibri Global Energy Inc. reported strong initial thirty-day production rates from its new wells in Oklahoma, with the Alicia 3H averaging 1,062 BOEPD, Alicia 4H at 883 BOEPD, and Alicia 5H at 706 BOEPD, indicating better-than-expected economic performance.

Future Outlook: The company anticipates significant increases in cash flow for the fourth quarter of 2024 and into 2025, as these wells are expected to enhance overall production despite natural declines.

Earnings Release Announcement: Kolibri Global Energy Inc. will release its financial results for the second quarter on November 12, 2024, followed by a conference call on November 13 at 9:00 a.m. PST for investors and analysts.

Operations Update: The company successfully completed three wells which are currently flowing back fracture stimulation fluid, with plans to provide updates on initial production once oil and gas rates stabilize.

Automatic Securities Purchase Plan: Kolibri Global Energy Inc. has established a pre-defined automatic securities purchase plan with Roth Capital Partners LLC to facilitate the purchase of its common shares on NASDAQ, even during internal trading blackout periods.

Company Overview: Kolibri Global Energy Inc. is a North American energy company focused on oil and gas projects, operating in the U.S. and aiming to acquire additional energy projects, including clean and sustainable energy initiatives.

Company Update: Kolibri Global Energy Inc. has launched an automatic securities purchase plan for the buyback of its common shares on NASDAQ, allowing purchases even during trading blackout periods.

Strategic Focus: This initiative is part of Kolibri's strategy to acquire and manage energy projects in oil, gas, and sustainable energy across North America.

Drilling Success: Kolibri Global Energy Inc. has successfully completed drilling its first three lateral wells in Oklahoma, finishing under budget and ahead of schedule, with completion work expected to start in early October.

Upcoming Events: CEO Wolf Regener and CFO Gary Johnson will participate in several upcoming conferences, including the Sidoti Small-Cap Virtual Conference and Remark's Virtual Non-Deal Roadshow, to discuss the company's developments and future plans.

Q2 2024 Financial Performance: Kolibri Global Energy reported a 30% increase in average production and a 38% rise in net revenue for Q2 2024, with adjusted EBITDA up by 31%. The company also announced the initiation of drilling on three longer lateral wells, aiming to enhance production efficiency.

Future Plans and Market Strategy: The company is focusing on reducing its valuation gap through increased marketing efforts and potential share buybacks, while also exploring opportunities for organic growth and strategic acquisitions in the energy sector.

Earnings Report: Kolibri Global Energy reported Q2 2024 earnings of 11 cents per share, falling short of the analyst estimate of 16 cents, and revenue of $13.92 million, which was 9.94% below the expected $15.45 million.

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