Kolibri Global Energy at Lytham Partners: oil shift drives growth
Kolibri Global Energy detailed its strategic shift from natural gas to oil at the Lytham Partners Fall 2026 Investor Conference on 29 September 2026. The company's executive team highlighted a robust financial position with low debt and controlled drilling costs, projecting significant growth for 2026. Oil now constitutes 71% of Kolibri's production, and the company anticipates a 17% to 30% increase in production, revenue, and adjusted EBITDA compared to 2025 levels.
Despite current market prices being higher, the company's 2026 forecast is based on conservative oil pricing assumptions of $70 per barrel. The company's capital structure remains conservative, with a market capitalization of $230 million and a debt-to-EBITDA ratio below 1.0x. Kolibri's current production base includes 45 Caney wells, and it has identified several nearby drill locations.
The company's assets are valued at $440 million, significantly higher than its $234 million market capitalization.
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