KOIL Energy Solutions Schedules Q1 2025 Earnings Release and Conference Call; Announces Delay in Filing Form 10-Q
Sentiment and the balance of points
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Rhea-AI Summary
Koil Energy Solutions (OTCQB: KLNG), a deepwater energy production and distribution equipment services provider, has announced a delay in filing its Q1 2025 Form 10-Q. The company will file the report on May 20, 2025, utilizing the SEC's five-day extension period. The delay is attributed to pending accounting procedures following the late filing of its 2024 Annual Report.
The company will host an investor conference call to discuss Q1 2025 results on May 20, 2025, at 10:00 am Eastern Time. The call will be accessible via webcast and dial-in options, with a replay available for 7 days until May 27.
[]Positive
- None.
Negative
- Delayed filing of Q1 2025 Form 10-Q, requiring SEC extension
- Previous delay in filing 2024 Annual Report indicates potential accounting issues
Details
News Market Reaction – KLNG
The recorded move for KLNG in the trading session of this news was -3.04%.
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HOUSTON, May 14, 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 file its Quarterly Report on Form 10-Q for the first quarter of 2025 on Tuesday, May 20, 2025. The Company is filing the Quarterly Report within the extended timeframe granted by the Securities and Exchange Commission of five days. The delay is due to the requirement to complete certain accounting procedures subsequent to the delayed filing of its Annual Report on Form 10-K for the year ended December 31, 2024.
KOIL will host an investor conference call to review its first quarter of 2025 results on Tuesday, May 20, 2025, at 10:00 am Eastern Time.
Interested parties may listen to the call through a webcast link or using the dial in numbers. (See below details.)
PARTICIPANT WEBCAST LINK:
https://edge.media-server.com/mmc/p/6pb4pzzv
PARTICIPANT DIALS:
| Participant Toll-Free Dial: | 1-833-630-1956 |
| Participant Toll/Int’l Dial: | 1-412-317-1837 |
| Conference Code: | Koil Energy Solutions call |
Replay (7 days) – Ends on May 27
| Toll-Free Dials: | 1-877-344-7529 |
| International Toll: | 1-412-317-0088 |
| Replay Access Code: | 4756217 |
The earnings release and a replay of the conference call will also be available on the Company's website, www.koilenergy.com, under the "Investors" section.
About Koil
KOIL is a leading energy services company offering subsea equipment and support services to the world's energy and offshore industries.
Investor Relations Contact:
ir@koilenergy.com
281-862-2201
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