((This story was generated using AI and automation, please see
disclaimer https://bit.ly/rtrsnai))
Overview
* North America oil and gas producer's 2025 production rose 15%, but net revenue fell 3%
* Adjusted EBITDA for 2025 decreased 4% due to lower prices and delayed well completions
* Net income for 2025 declined amid lower average prices and higher operating expenses
Outlook
* Kolibri expects 2026 capital expenditures to be significantly lower than 2025 levels
* Company says higher oil prices in March 2026 should further improve 2026 results
* Kolibri expects production and cash flow impact from new wells to be reflected in 2026
Result Drivers
* LOWER OIL PRICES - Company said a 16% drop in average realized prices was the main reason for lower revenue and profit
* PRODUCTION GROWTH - 2025 production rose 15% due to new wells drilled and completed during the year
* DELAYED WELL COMPLETIONS - Delays in bringing new wells online, including a drill pipe failure, reduced revenue and cash flow in 2025
Company press release: ID:nBw7kPPV3a
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
FY Miss $56.90 $58.23
Revenue mln mln (1
Analyst)
FY Net $15.50
Income mln
FY Miss $42.10 $43.50
Adjusted mln mln (1
EBITDA Analyst)
Analyst Coverage
* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .
(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.)