Kolibri Global Energy Inc. is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
Loading chart…
Third-party market data · may be delayed
~$7.2
Valuation models combined (3)
Base case. Range ~$4.7–$8.6. Weighted average of 3 models (price-to-earnings vs peers, residual income, justified price-to-book).
Modestly undervalued
The price is inside our value range, 9% below our base value.
Price used: $6.51, November 2, 2026
Kolibri Global Energy Inc. valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months was $57m. Free-cash-flow margin held at -36.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 2 financial-health checks. Our cash-flow model value is $7.35 a share, against a share price of $7.18.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Kolibri Global Energy Inc.'s trailing-twelve-month revenue fell 2.1% year on year, with a free-cash-flow margin of -36.8%. Where it stands out: net margin of 27.0% ranks 11 of 57 oil & gas exploration & production companies we cover. Where it lags: free-cash-flow margin of -36.8% ranks 49 of 51 oil & gas exploration & production companies we cover.
Current signal Revenue growth decelerating: TTM revenue growth slowed to -2.1% (-18.0pp vs the prior quarter), the 2nd consecutive quarterly slowdown.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Nothing in Kolibri Global Energy Inc.'s latest figures clears our strength thresholds.
Loading chart…
Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for KGEI from the sources we follow. See filings →
We value Kolibri Global Energy Inc. as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.62 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. | — | Does not apply: no standardised measure of proved reserves in the company's tagged filings |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$4.7 ~$3.8–$7.4 | Included |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$8.3 ~$5.2–$13 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$8.6 ~$7.1–$11 | Included |
| Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$7.2 ~$4.7–$8.6 | 3 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kolibri Global Energy Inc. with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Next results: November 13, 2026, before the open. Analysts expect revenue of $25m and EPS of $0.15 (range $0.15 to $0.15) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $0.75 | +76% | $117m | +51% |
| Next | $0.84 | +12% | $134m | +14% |
In the last 30 days, 1 analyst raised Kolibri Global Energy Inc.'s forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 30 days ago | $0.75 | $0.82 |
| 7 days ago | $0.75 | $0.82 |
| Now | $0.75 | $0.84 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.21 | $0.23 | +9.5% |
| Mar 2026 | $0.17 | $0.18 | +4.2% |
| Dec 2025 | $0.11 | $0.09 | −17.7% |
| Sept 2025 | $0.13 | $0.10 | −23.1% |
Adjusted EPS as companies report it, against the average analyst estimate.
Source: SEC EDGAR filings. Retrieved November 1, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY22 Q4 | $37.6M |
| FY23 Q4 | $50.6M |
| FY24 Q4 | $58.7M |
| FY25 Q4 | $57.4M |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY22 Q4 | -40.0% |
| FY23 Q4 | -28.7% |
| FY24 Q4 | 13.0% |
| FY25 Q4 | -36.8% |
| Fiscal year | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 38 | 51 | 59 | 57 |
| Net income | 17 | 19 | 18 | 15 |
| Diluted EPS | $0.46 | $0.53 | $0.50 | $0.43 |
| Growth (year on year) | ||||
| Revenue | — | +34.6% | +15.9% | −2.1% |
| Net income | — | +15.8% | −6.0% | −14.6% |
| Diluted EPS | — | +15.2% | −5.7% | −14.0% |
| Margins | ||||
| Net margin | 44.3% | 38.1% | 30.9% | 27.0% |
| Free-cash-flow margin | −40.0% | −28.7% | 13.0% | −36.8% |
| Cash flow | ||||
| Cash from operations | 22 | 39 | 39 | 42 |
| Capital spending | 37 | 53 | 31 | 63 |
| Free cash flow | −15 | −15 | 8 | −21 |
| Stock-based pay | 0 | 1 | 1 | 2 |
| Free cash flow after stock pay | −15 | −15 | 7 | −23 |
| Balance sheet | ||||
| Cash | 1 | 1 | 4 | 3 |
| Total debt | 18 | 30 | 34 | 50 |
| Net debt (negative = net cash) | 17 | 29 | 29 | 47 |
| Diluted shares | 36m | 36m | 36m | 36m |
| Last 12 months unless stated | KGEI | EPSN | EPM | EP | BATL | PNRG | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $57m | $68m | $86m | $31m | $163m | $179m | $1.4bn |
| Revenue growth, last 12 months | −2.1% | 53.7% | 0.6% | −20.8% | −12.0% | −19.4% | 10.6% |
| Revenue growth, 3-year average | — | 8.9% | −12.4% | −11.3% | −18.0% | 5.1% | 1.4% |
| Revenue growth, latest quarter | — | 57.1% | 14.7% | 8.6% | 12.4% | 1.2% | 31.5% |
| Gross margin | — | — | 41.7% | — | — | 96.8% | 75.2% |
| Operating margin | — | 1.0% | 4.0% | −224.1% | −3.2% | 26.6% | 21.1% |
| Operating margin, 3-year average | — | 12.6% | 6.0% | −99.0% | −1.6% | 20.4% | 16.5% |
| Net margin | 27.0% | −5.2% | −2.8% | −229.6% | −24.5% | 13.9% | 10.1% |
| Cash from operations / revenue | 72.3% | 38.5% | 27.2% | −19.8% | 16.6% | 55.0% | 42.4% |
| Free-cash-flow margin | −36.8% | — | 0.6% | −20.2% | −2.7% | 27.3% | 19.3% |
| Free-cash-flow margin, 3-year average | — | — | 13.0% | −36.5% | −49.3% | 9.9% | 19.1% |
| Stock pay / revenue | 3.0% | 3.1% | 2.7% | 2.6% | −0.1% | — | 1.5% |
| Change in share count | 0.4% | 23.2% | 2.8% | 24.7% | 45.1% | −3.0% | 0.4% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -2.1% | 10.6% | 38 of 57 |
| Change in growth rate Growth | -18.0pp | +4.9pp | 51 of 57 |
| Net margin Profitability | 27.0% | 10.1% | 11 of 57 |
| Free-cash-flow margin Cash generation | -36.8% | 23.2% | 49 of 51 |
| Stock pay as % of revenue Cash generation | 3.0% | 1.2% | 40 of 47 |
| Change in share count Balance sheet | 0.4% | 0.4% | 25 of 48 |
| Days sales outstanding Balance sheet | 51 days | 41 days | 30 of 42 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Tetragon Partners Gp Ltd | $33.8M | 6.8M | 47.3% | 0.0% |
| Blackrock, Inc. | $8.5M | 1.7M | 11.9% | ▲ 2.0% |
| Toronto Dominion Bank | $4M | 800K | 5.5% | 0.0% |
| UBS Group AG | $3.5M | 713K | 5.0% | ▼ 31.0% |
| Geode Capital Management, LLC | $2.1M | 431K | 3.0% | ▲ 10.6% |
| Bank Of America Corp | $1.9M | 383K | 2.7% | ▲ 2.8% |
| State Street Corp | $1.7M | 340K | 2.4% | ▲ 14.7% |
| Citigroup Inc | $1.6M | 319K | 2.2% | ▲ 4.0% |
| Vanguard Portfolio Management LLC | $994,820 | 200K | 1.4% | ▲ 14.8% |
| Natixis | $988,000 | 200K | 1.4% | 0.0% |
| Marshall Wace, LLP | $915,349 | 184K | 1.3% | ▲ 89.5% |
| Northern Trust Corp | $825,091 | 166K | 1.2% | ▲ 4.4% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kolibri Global Energy Inc.'s complete shareholder register. Values are as reported by the filers .
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
New research on the companies we cover arrives in the weekly email. Free, one email a week.
