Kolibri Global Energy Announces Increases of 118% in Net Income and 100% in EPS for Third Quarter 2024 [Yahoo! Finance]
Kolibri Global Energy Inc. (KGEI)
Company Research
Source: Yahoo! Finance
Net income for the third quarter of 2024 was $5.1 million and EPS was $0.14/share compared to net income of $2.3 million and EPS of $0.07/share for the third quarter of 2023, an increase of 118% and 100%, respectively. The increase was mainly due to an unrealized gain on commodity contracts of $1.3 million that was recorded in the third quarter of 2024 compared to an unrealized loss on commodity contracts of $2.6 million in the third quarter of 2023. In addition, the third quarter of 2024 had higher production which was offset by lower average prices and higher income tax expense compared to the third quarter of 2023 Average production for the third quarter of 2024 was 3,032 BOEPD, an increase of 11% compared to the third quarter of 2023, which was 2,737 BOEPD. The increase was due to production from the wells that were drilled and completed in the last three months of 2023 and the first nine months of 2024 Adjusted EBITDA was $10.1 million in the third quarter of 2024 compared t
Show less
Read more
Impact Snapshot
Event Time:
KGEI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KGEI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KGEI alerts
High impacting Kolibri Global Energy Inc. news events
Weekly update
A roundup of the hottest topics
KGEI
News
- Here's Why Momentum in Kolibri Global Energy Inc. (KGEI) Should Keep going [Yahoo! Finance]Yahoo! Finance
- Is Kolibri Global Energy Inc.'s (TSE:KEI) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- Kolibri Global Energy Inc. Announces Alicia Renee Well Pad Still Producing Over 2,800 BOEPDBusiness Wire
- Kolibri Global Energy Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Kolibri Global Energy, Inc. (KGEI) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
KGEI
Sec Filings
- 12/5/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- KGEI's page on the SEC website