Kolibri Global Energy’s first nine months 2026 net income climbs 31% to $16.06 million
KGEI•Kolibri Global Energy’s net income for the first nine months of 2026 rose 31% year over year to $16.06 million. Third-quarter revenue, net of royalties, increased 22% to $18.31 million, while average production fell 9% to 3,867 BOEPD.
1. Quarterly results
Third-quarter 2026 net income fell from a year earlier to $3.57 million. Revenue, net of royalties, rose 22% year over year to $18.31 million, as higher average prices were partially offset by lower production.
2. Production update
Average production in the quarter dropped 9% year over year to 3,867 BOEPD, primarily due to temporary well shutdowns and normal declines. Current production reached approximately 5,700 BOEPD after four new wells began producing.
