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Colibri Global Energy Q3 Revenue Up 22% Despite Production Decline

Nasdaq +1 · ·by G4L

KGEI
KGEI Kolibri Global Energy Inc
$5.56 +2.39%
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  1. 1Colibri Global Energy recorded $18.3 million in net revenue for the third quarter of 2026.
  2. 2Revenue increased due to a 34% rise in Colibri Global Energy's average realized price during the quarter.
  3. 3Average production decreased by 9% compared to the previous year.

So what's the key point?

Colibri Global Energy saw a 22% increase in revenue even though production fell. This happened because the selling price of its products rose significantly.

Source Nasdaq +1 · View original ↗

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