Kolibri Global Energy Inc. (NASDAQ:KGEI) shareholders approved capping authorized common shares at 37.4M after a special meeting prompted by TFG Asset Management UK LLP. Q3 2025 financial results showed $15M in net revenues, a 15% increase from 2024 due to a 40% production surge offset by an 18% drop in realized prices. EPS was $0.10, missing the $0.12 consensus estimate.

KGEI is an independent oil and natural gas company in the US, focusing on crude oil and natural gas production through exploration and development programs. Despite potential as an investment, AI stocks may offer greater upside potential with less downside risk. For the best short-term AI stock, see a free report.

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Read more at Yahoo Finance: Kolibri (KGEI) Shareholders Approve Cap on Authorized Common Shares at 37.4M