Added to YB: 2024-07-16
Pitch date: 2024-07-16
KLNG [bullish]
Koil Energy Solutions, Inc.
+199.49%
current return
Author Info
No bio for this author
Company Info
Koil Energy Solutions, Inc., an energy services company, provides equipment and support services to the energy and offshore industries worldwide.
Market Cap
$36.4M
Pitch Price
$0.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.47
P/E
44.29
EV/Sales
1.42
Sector
Energy Equipment and Services
Category
turnaround
Picks-and-shovel play for a growing Energy sub-segment at a run-rate P/E of 5
KLNG: Subsea equipment picks-and-shovels play. Never profitable historically but Q1 2024 breakout: $0.05 EPS, annualizes to $0.20 = 4.5x P/E at $0.85. Turnaround via new Houston facility, 20,000psi connector, offshore GoM upswing. Zero debt, BV $0.47, activist Galloway + value funds hold. ~$5M float, illiquid. High barriers, mission-critical products. Downside protected, big upside if growth extends.
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