Kolibri Global Energy 2025 revenue falls 3% as prices drop
Overview
North America oil and gas producer's 2025 production rose 15%, but net revenue fell 3%
Adjusted EBITDA for 2025 decreased 4% due to lower prices and delayed well completions
Net income for 2025 declined amid lower average prices and higher operating expenses
Outlook
Kolibri expects 2026 capital expenditures to be significantly lower than 2025 levels
Company says higher oil prices in March 2026 should further improve 2026 results
Kolibri expects production and cash flow impact from new wells to be reflected in 2026
Result Drivers
LOWER OIL PRICES - Company said a 16% drop in average realized prices was the main reason for lower revenue and profit
PRODUCTION GROWTH - 2025 production rose 15% due to new wells drilled and completed during the year
DELAYED WELL COMPLETIONS - Delays in bringing new wells online, including a drill pipe failure, reduced revenue and cash flow in 2025
Company press release: ID:nBw7kPPV3a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Miss | $56.90 mln | $58.23 mln (1 Analyst) |
FY Net Income |
| $15.50 mln |
|
FY Adjusted EBITDA | Miss | $42.10 mln | $43.50 mln (1 Analyst) |
Analyst Coverage
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
