Koil Energy Solutions, Inc. (KLNG)

OTCMKTS · Delayed Price · Currency is USD
2.000
0.00 (0.00%)
Mar 14, 2025, 10:49 AM EST
258.42%
Market Cap 24.78M
Revenue (ttm) 20.80M
Net Income (ttm) 1.20M
Shares Out 12.39M
EPS (ttm) 0.10
PE Ratio 20.07
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,100
Average Volume 26,921
Open 2.000
Previous Close 2.000
Day's Range 2.000 - 2.000
52-Week Range 0.450 - 2.550
Beta 1.33
RSI 40.17
Earnings Date Mar 28, 2025

About Koil Energy Solutions

Koil Energy Solutions, Inc., an energy services company, provides equipment and support services to the energy and offshore industries. The company offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operation services; well-commissioning services; and construction support services. It provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subs... [Read more]

Sector Energy
Founded 1997
Employees 51
Stock Exchange OTCMKTS
Ticker Symbol KLNG
Full Company Profile

Financial Performance

In 2023, Koil Energy Solutions's revenue was $15.34 million, an increase of 18.23% compared to the previous year's $12.98 million. Losses were -$1.55 million, -46.93% less than in 2022.

Financial Statements

News

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 a...

12 days ago - GlobeNewsWire

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

HOUSTON, 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 B...

13 days ago - GlobeNewsWire

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 Administra...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 Sido...

4 months ago - GlobeNewsWire

Koil Energy Solutions, Inc. (KLNG) Q3 2024 Earnings Call Transcript

Koil Energy Solutions, Inc. (OTCQB:KLNG) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Erik Wiik - President and Chief Executive Officer Trevor Ashurst - Vice Pres...

4 months ago - Seeking Alpha

Koil Energy Solutions, Inc. Announces Third Quarter 2024 Results

Third Quarter Highlights Revenues of $5.2 million increased 27% year-over-year Gross profit of $2.1 million increased 50% year-over-year Net income of $523 thousand increased $666 thousand year-over-y...

4 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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 servic...

5 months ago - GlobeNewsWire

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 Sid...

6 months ago - GlobeNewsWire

Koil Energy Solutions, Inc. (KLNG) Q2 2024 Earnings Call Transcript

Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2024 Earnings Conference Call August 5, 2024 7:30 PM ET Company Participants Erik Wiik - Chief Executive Officer Trevor Ashurst - Vice President of Finance,...

7 months ago - Seeking Alpha

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 ...

7 months ago - GlobeNewsWire

Koil Energy Solutions, Inc. Announces Second Quarter 2024 Results

Second Quarter Highlights Revenues of $5.8 million increased 65% year-over-year Gross profit of $2.0 million increased 96% year-over-year Net income of $1.0 million increased $1.4 million year-over-ye...

7 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

Koil Energy Solutions, Inc. Announces First Quarter 2024 Results

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“KOIL”, or the “Company”), a specialist in deepwater production and distribution equipment and services, today repo...

11 months ago - 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...

11 months ago - 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, to...

1 year ago - GlobeNewsWire

Koil Energy Solutions Announces CEO Transition

HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), an international specialist in subsea energy equipment and services, today announced the resignation of its Presi...

1 year ago - GlobeNewsWire

Koil Energy Solutions Secures Multi-Million-Dollar Contract for Innovative Flying Leads from Gulf of Mexico Operator

HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), an international specialist in subsea energy equipment and services, today announced the acquisition of a signific...

1 year ago - GlobeNewsWire

Koil Energy Solutions Announces Updated Date and Time for Its Third Quarter 2023 Results Conference Call

HOUSTON, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) has rescheduled its investor conference call to discuss its third quarter 2023 results to Monday, November 13, 2023...

1 year ago - GlobeNewsWire

Koil Energy Solutions, Inc. Announces Third Quarter 2023 Results

HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), a specialist in deepwater production and distribution equipment and services, tod...

1 year ago - GlobeNewsWire

Koil Energy Solutions Announces Third Quarter 2023 Earnings Release and Conference Call

HOUSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, announced today that it will ...

1 year ago - GlobeNewsWire

Koil Energy Solutions, Inc. Announces Second Quarter 2023 Results

HOUSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) --  Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), a specialist in deepwater production and distribution equipment and services, to...

1 year ago - GlobeNewsWire

Koil Energy Solutions to Provide $4M of Flying Leads and Distribution Manifolds for Gulf of Mexico Operators

HOUSTON, July 20, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG), an international specialist in subsea energy equipment and services, today announced the receipt of $4M worth of o...

1 year ago - GlobeNewsWire

Koil Energy Solutions, Inc. Announces First Quarter 2023 Results

HOUSTON, May 11, 2023 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), a specialist in deepwater production and distribution equipment and services, toda...

2 years ago - GlobeNewsWire