Koil Energy Solutions, Inc. (KLNG)
- GlobeNewswire
Koil Energy Solutions, Inc. Announces First Quarter 2024 Results
Revenues of $5.8 million increased 56% year-over-yearGross profit of $2.0 million increased 24% year-over-yearNet income of $0.6 million increased $0.7 million year-over-yearAdjusted EBITDA of $0.7 million increased $0.6 million year-over-yearFirst delivery of our new 20,000 psi multi-quick-connect plate for application in deepwater Gulf of Mexico HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“KOIL”, or the “Company”), a specialist in deepwater production a
- GlobeNewswire
KOIL Energy Secures Major Contract
HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), an international specialist in subsea equipment and services, today announces the award of a significant contract for a Subsea Safety Control System from a major international energy company. The multi-million-dollar contract encompasses the engineering, procurement, manufacturing, installation and testing of KOIL’s robust and well proven technical solution for Subsea Safety Control Systems. Erik Wiik, the CEO
- GlobeNewswire
Koil Energy Solutions, Inc. Announces Fourth Quarter and Full-Year 2023 Results
HOUSTON, March 27, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for the year ended December 31, 2023. Koil Energy at a Glance: Share Price†:$0.55Cash*:$2.0M52-Week Range†:$0.42 - $0.70Book Value*:$5.6MShares Out.†:11.9MPrice / Book Value:1.2xMarket Cap†:$6.5MTTM Revenue:$15.3M*As of 12/31/23; †As of 03/26/24 Charles Njuguna, Koil Energy’s CE
