Kolibri Global Energy (TSE:KEI) Announces Earnings Results

Kolibri Global Energy (TSE:KEI) released its quarterly earnings data on Thursday. The company reported C$0.19 earnings per share (EPS) for the quarter, reports. Kolibri Global Energy had a net margin of 36.84% and a return on equity of 11.05%. The company had revenue of C$18.12 million during the quarter.

Kolibri Global Energy Stock Up 3.4 %

KEI opened at C$4.50 on Friday. Kolibri Global Energy has a 52-week low of C$3.82 and a 52-week high of C$6.67. The firm’s 50 day moving average is C$4.52 and its 200-day moving average is C$4.89. The firm has a market capitalization of C$160.34 million, a P/E ratio of 7.03 and a beta of 2.48.

Insiders Place Their Bets

In other Kolibri Global Energy news, Director David Loren Neuhauser purchased 6,900 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were acquired at an average cost of C$4.13 per share, for a total transaction of C$28,497.00. Insiders have bought a total of 16,000 shares of company stock valued at $68,597 in the last 90 days. 1.09% of the stock is currently owned by corporate insiders.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the exploration, development, production, and marketing of oil, gas clean and sustainable energy in the United States. It produces crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.