Core Points - Kolibri Global Energy Inc. (NASDAQ:KGEI) is considered a cheap oil stock under $10, with recent shareholder approval to cap authorized common shares at 37,367,894 [1] - The company reported Q3 2025 financial results showing net revenues of $15 million, a 15% increase from Q3 2024, driven by a 40% production surge from new wells, although offset by an 18% drop in realized prices [2] - The earnings per share (EPS) for the quarter was $0.10, down from $0.14 in the prior-year quarter and below the consensus estimate of $0.12, attributed to a $0.5 million unrealized loss on commodity contracts [3] - Kolibri Global Energy operates as an independent oil and natural gas company, focusing on production assets in the United States, primarily through horizontal drilling and completion projects [4]
Kolibri (KGEI) Shareholders Approve Cap on Authorized Common Shares at 37.4M