Koil Energy 10% owner Intelligent Fanatics buys $46,700 in shares

Intelligent Fanatics Capital Management LLC, a director of Koil Energy Solutions Inc., bolstered its 10% ownership of the company by purchasing $46,700 worth of shares on November 9 and 10, 2026. The buyback occurred at prices ranging from $2.33 to $2.34 per share, as Koil Energy's stock traded at $2.42 at the time. InvestingPro data suggests the stock is among the most overvalued on the platform.

In a Form 4 filing, IFCM disclosed acquiring common stock of Koil Energy Solutions. IFCM, managed by Cassel, who has voting and investment control over the shares, does not hold any beneficial ownership beyond his partnership interest. Koil Energy's recent Q2 2026 financial results showed a 78% revenue increase to $9.2 million, with fully diluted earnings per share at $0.05, up from $0.01.

This growth was driven by successful subsea projects, higher service revenue, and international customer acquisitions. Analysts view Koil Energy positively, citing its strong performance and growth potential.