Overview

* Kolibri Q2 2025 oil and natural gas revenue misses analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 2025 misses estimates, down 23% yr/yr

* Co repurchased over 207,000 shares, anticipates higher production in H2 2025

Outlook

* Kolibri anticipates significantly higher production from 9 new wells in H2 2025

* Company expects increased cash flow from new wells in last two quarters 2025

* Kolibri sees higher oil percentage from Lovina wells impacting future output

* Company running production tubing strings to potentially boost output

Result Drivers

* PRODUCTION INCREASE - Average production rose 3% due to new wells drilled and completed in late 2024, partially offset by shut-in wells during Lovina completion

* COST REDUCTION - Operating expenses per barrel decreased 16% due to lower water hauling and NGL processing costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Oil Miss $10.8 $11.40

and mln mln (2

natural Analysts

gas )

Revenue

Q2 EPS $0.08

Q2 Net $2.90

Income mln

Q2 Miss $7.7 mln $8.40

Adjusted mln (2

EBITDA Analysts

)

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)