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13.11.26 - 12:48
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Kolibri Global Energy Announces 15% YTD Increase in Production and 43% YTD Increase in Net Revenues (Business Wire)
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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated:
THIRD QUARTER 2026 HIGHLIGHTS
Revenue, net of royalties was $18.3 million in the third quarter of 2026 compared to $15.0 million for the third quarter of 2025, which was an increase of 22% due to a 34% increase in average prices partially offset by a decrease in production of 9%
Net income in the third quarter of 2026 was $3.6 million and Basic EPS was $0.10/share, which was the same as in the third quarter of 2025. Net income in the third quarter of 2026 included a $2.4 million unrealized loss on commodity contracts compared to a $0.5 million unrealized loss on commodity contracts in the third quarter of 2025. The higher revenue in the third quarter of 2026 was offset by a $1.0 million realized loss on commodity contracts and the unrealized loss mentioned above
Adjusted EBITDA(1) was $13.3 million in the third quarter of 2026 compared to $11.1 million in the third quarter of 2025, an increase of 20%. The i...
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13.08.26 - 12:48
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Kolibri Global Energy Inc. Announces Another Record for Its Highest Quarterly Revenue of $22.5 Million With a 46% Production Increase and a 197% Net Income Increase for the Second Quarter of 2026 (Business Wire)
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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated:
SECOND QUARTER HIGHLIGHTS
Revenue, net of royalties was $22.5 million in the second quarter of 2026 compared to $10.8 million for the second quarter of 2025, an increase of 109% due to a 46% increase in production and a 41% increase in average prices
Average production for the second quarter of 2026 was 4,690 BOEPD, an increase of 46% compared to the second quarter of 2025 average production of 3,220 BOEPD. The increase was primarily due to production from the wells that were drilled and completed in the last half of 2025
Net income in the second quarter of 2026 was $8.5 million and basic EPS was $0.24/share, compared to $2.9 million and basic EPS of $0.08/share in the second quarter of 2025. The 197% increase was due to higher revenues, partially offset by higher operating expense and depletion expense due to the higher production and realized losses on commodity contracts in 2026
Adjusted EBITDA(1) was $1...
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