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Koil Energy Solutions, Inc. (KLNG)

1.7700

+0.0700

+(4.12%)

At close: April 15 at 3:51:50 PM EDT

KOIL Energy Reports Fourth Quarter and Full Year 2024 Results

HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, released today its fourth quarter and full year 2024 results. Fourth Quarter 2024 Results • Revenue of $ 6 million, a 48% increase year over year • Modified EBITDA of $ 1 million, an increase of $1.6 million year over year Full Year 2024 Results • Revenue of $23 million, a 48% increase year over year • Modified EBITDA of $3.5

GlobeNewswire 20 hours ago

KLNG
+4.12%
KOIL Energy Solutions Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

HOUSTON, April 10, 2025 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, announced today that it will report its fourth quarter and full year 2024 results on Tuesday, April 15, 2025 before the market opens. KOIL will host an investor conference call to review its fourth quarter 2024 results on Tuesday, April 15, 2025, at 10:00 am Eastern Time. Interested parties may listen to the call through a web

GlobeNewswire 5 days ago

KLNG
+4.12%
KOIL Energy Announces Delay in Filing of Annual Report on Form 10-K and anticipates reporting profitable growth in revenues

HOUSTON, March 29, 2025 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), (the “Company”) today announced that it will be filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the “SEC”) later than the originally scheduled date of March 31, 2025. The Company anticipates filing the Annual Report within the extended timeframe granted by the SEC of fifteen days. The delay is due to the requirement to complete cer

GlobeNewswire 17 days ago

KLNG
+4.12%
KOIL Energy Awarded Significant Contract to Deliver Subsea Distribution Equipment for US Project

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) has been awarded a significant contract to supply Multi-Quick Connector (MQC) Plates for a project in the Gulf of America. This award encompasses equipment designed to control the high-pressure systems of a subsea field operated by a U.S. independent energy company. KOIL Energy 20,000 psi MQC Plate The MQC plates will play a critical role in the subsea infrastructure by distributing hydraulic control fluid in o

GlobeNewswire 29 days ago

KLNG
+4.12%
Alliance to push the boundaries of subsea field development

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate advancements in subsea technology. Both companies provide specialty products and services for subsea projects. Driven by the rising demand for innovative solutions in the global subsea industry, the two companies will collaborate within R&D and project execution. Thomas Andreassen, CEO of SubseaDesig

GlobeNewswire last month

KLNG
+4.12%
KOIL Energy Announces Expansion into Brazil with a New Manufacturing and Service Support Facility

The company’s growth strategy advances in Brazil to support subsea customersHOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) a leader in providing controls infrastructure for subsea oil and gas fields, today announced its expansion into Brazil, with a new technology center for manufacturing and service support in Macaé. “Macaé represents an exciting new chapter for KOIL Energy as we establish our presence in Brazil, the largest subsea market in the world,” sa

GlobeNewswire last month

KLNG
+4.12%
KOIL Energy Announces Changes to Its Finance Team

HOUSTON, Jan. 15, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) today announced the resignation of Mr. Trevor Ashurst from his position as Vice President of Finance and Administration, effective February 1, 2025. Mr. Erik Wiik, President and CEO of KOIL Energy, expressed his gratitude for Mr. Ashurst's contributions during a transformative period for the company. “Trevor played a crucial role in the rebranding, the establishment of a new state-of-the-art facility, and signif

GlobeNewswire 2 months ago

KLNG
+4.12%
KOIL Energy Secures Significant Contract to Deliver Subsea Distribution Manifolds for West Africa Project

HOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) has been awarded a significant contract to supply Electrical and Hydraulic Distribution Manifolds for a project in West Africa. This award, from a prominent international oil and gas company, highlights KOIL's core technological expertise and solidifies its position as a trusted partner in the subsea sector. The manifolds will play a critical role in distributing electrical and hydraulic power to regulate the fl

GlobeNewswire 3 months ago

KLNG
+4.12%
Sidoti Events, LLC's Virtual November Micro-Cap Conference

NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day November Micro-Cap Conference taking place Wednesday and Thursday, November ...

ACCESS Newswire 4 months ago

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KOIL Energy to Present at Sidoti November Virtual Investor Conference

HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), today announced Erik Wiik, President and CEO, will present and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 13-14, 2024. The presentation will begin at 10:45 AM ET on Wednesday, November 13, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_v8F_H9R1Tb2VfKRT6-KQcw KOIL will also host virtual one-on-ones with inve

GlobeNewswire 5 months ago

KLNG
+4.12%
Koil Energy Solutions, Inc. Announces Third Quarter 2024 Results

Third Quarter Highlights Revenues of $5.2 million increased 27% year-over-yearGross profit of $2.1 million increased 50% year-over-yearNet income of $523 thousand increased $666 thousand year-over-yearAdjusted EBITDA of $675 thousand increased $658 thousand year-over-year HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“KOIL”, or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for the three

GlobeNewswire 5 months ago

KLNG
+4.12%
Koil Energy Solutions Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, announced today that it will report its third quarter 2024 results on Monday, November 4, 2024 before the market opens. Koil will host an investor conference call to review its third quarter 2024 results on Monday, November 4, 2024 at 10:00 am Eastern Time (call details below). Call Dial-in:Toll Free: 1-833-630-1956 Toll/Intern

GlobeNewswire 5 months ago

KLNG
+4.12%
KOIL Energy Secures Significant Contract for Advanced Maintenance Services

HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a global leader in subsea equipment and services, has secured a significant contract to provide maintenance services on an offshore production platform for an international oil and gas company. The scope of work includes the removal, welding, termination, and commissioning of specialty alloy tubing used for chemical injection and hydraulic control, as well as the termination and testing of electrical cables. Ad

GlobeNewswire 6 months ago

KLNG
+4.12%
Sidoti Events, LLC's Virtual September Small-Cap Conference

NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September ...

ACCESS Newswire 6 months ago

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KOIL Energy to Present at Sidoti Virtual Investor Conference

HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), today announced Erik Wiik, President and CEO, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on September 18-19, 2024. The presentation will begin at 10:45 AM ET on Wednesday, September 18, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_FNqu77kjRP2A_h57P9dRlQ KOIL will also host virtual one-on-ones with

GlobeNewswire 6 months ago

KLNG
+4.12%
KOIL Energy Secures Significant Contract To Provide Innovative Subsea Equipment

HOUSTON, Aug. 08, 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 today for delivering Bend Stiffener Latchers (BSL®) to an operator in a new region. Erik Wiik, the CEO of KOIL, said, "This award is a recognition of our team’s endeavors in continuously developing our products enabling growth in new markets and underscoring KOIL’s strong technology position in the

GlobeNewswire 8 months ago

KLNG
+4.12%
Koil Energy Solutions, Inc. Announces Second Quarter 2024 Results

Second Quarter Highlights Revenues of $5.8 million increased 65% year-over-yearGross profit of $2.0 million increased 96% year-over-yearNet income of $1.0 million increased $1.4 million year-over-yearAdjusted EBITDA of $1.2 million increased $1.4 million year-over-year HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“KOIL”, or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for the three an

GlobeNewswire 8 months ago

KLNG
+4.12%
Koil Energy Solutions Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, announced today that it will report its second quarter 2024 results on Monday, August 5, 2024 before the market opens. Koil will host an investor conference call to review its second quarter 2024 results on Monday, August 5, 2024 at 10:00 am Eastern Time (call details below). Call Dial-in: Toll Free: 1-833-630-1956 Toll/Interna

GlobeNewswire 8 months ago

KLNG
+4.12%
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 11 months ago

KLNG
+4.12%
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 11 months ago

KLNG
+4.12%

Performance Overview

Return	KLNG	S&P 500 (^GSPC)
YTD	-23.38%	-8.25%
1-Year	+261.22%	+6.61%
3-Year	+195.00%	+22.86%

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Koil Energy Solutions, Inc. (KLNG)

KOIL Energy Reports Fourth Quarter and Full Year 2024 Results

KOIL Energy Solutions Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

KOIL Energy Announces Delay in Filing of Annual Report on Form 10-K and anticipates reporting profitable growth in revenues

KOIL Energy Awarded Significant Contract to Deliver Subsea Distribution Equipment for US Project

Alliance to push the boundaries of subsea field development

KOIL Energy Announces Expansion into Brazil with a New Manufacturing and Service Support Facility

KOIL Energy Announces Changes to Its Finance Team

KOIL Energy Secures Significant Contract to Deliver Subsea Distribution Manifolds for West Africa Project

Sidoti Events, LLC's Virtual November Micro-Cap Conference

KOIL Energy to Present at Sidoti November Virtual Investor Conference

Koil Energy Solutions, Inc. Announces Third Quarter 2024 Results

Koil Energy Solutions Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

KOIL Energy Secures Significant Contract for Advanced Maintenance Services

Sidoti Events, LLC's Virtual September Small-Cap Conference

KOIL Energy to Present at Sidoti Virtual Investor Conference

KOIL Energy Secures Significant Contract To Provide Innovative Subsea Equipment

Koil Energy Solutions, Inc. Announces Second Quarter 2024 Results

Koil Energy Solutions Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

Koil Energy Solutions, Inc. Announces First Quarter 2024 Results

KOIL Energy Secures Major Contract

Performance Overview