Earnings Call Summary | Kolibri Global Energy(KGEI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Kolibri Global Energy(KGEI.US) Q1 2024 Earnings Conference
The following is a summary of the Kolibri Global Energy Inc (KGEI) Q1 2024 Earnings Call Transcript:
以下是Kolibri Global Energy Inc(KGEI)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Kolibri Global Energy saw a 3% increase in average production compared to the prior year quarter, thanks to new wells added in 2023.
Adjusted EBITDA decreased by 9% due to lower prices and higher operating expenses, resulting in $10.4 million as compared to $11.4 million in the prior year quarter.
The net income decreased to $3.3 million from $7.9 million in the same quarter of the last year, reflecting in a basic earnings per share of $0.09 versus $0.22 per basic share year-over-year.
Despite the dip in profits, the company's borrowing base increased from $40 million to $50 million, providing more financial flexibility.
由於2023年增加了新油井,Kolibri全球能源公司的平均產量與上一季度相比增長了3%。
由於價格下降和運營費用增加,調整後的息稅折舊攤銷前利潤下降了9%,與去年同期的1140萬美元相比,爲1,040萬美元。
淨收入從去年同期的790萬美元降至330萬美元,反映出每股基本收益爲0.09美元,而每股基本收益同比爲0.22美元。
儘管利潤下降,但該公司的借款基礎從4000萬美元增加到5000萬美元,提供了更大的財務靈活性。
Business Progress:
業務進展:
The company has managed to reduce well cost from $7.2 million to $5.6 million, resulting in greater operational efficiency.
The organization's focus remains on strategy execution to enhance the company's overall value.
There are potential plans for proposing a few long laterals as the year progresses, indicating a focus on expanding operations.
Kolibri's track record of continuous revenue and cash flow growth and low leverage signals its operational strength and strategic growth potential.
該公司設法將油井成本從720萬美元降低到560萬美元,從而提高了運營效率。
該組織的重點仍然是戰略執行,以提高公司的整體價值。
隨着時間的推移,可能有計劃提出一些較長的橫向計劃,這表明將重點放在擴大業務上。
Kolibri的收入和現金流持續增長以及低槓桿率的記錄表明了其運營實力和戰略增長潛力。
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譯文內容由第三人軟體翻譯。