Canacol Energy (CNNEF) Stock Price, News & Analysis

Company Overview

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.

Key Stats

• Today's Range: $2.25 to $2.30
• 50-Day Range: $2.26 to $3.23
• 52-Week Range: $2.02 to $5.90
• Volume: 12,604 shs
• Average Volume: 10,659 shs
• Market Capitalization: $77.07 million
• P/E Ratio: 1.06
• Dividend Yield: 8.41%
• Price Target: N/A
• Consensus Rating: N/A

Canacol Energy Stock Analysis - MarketRank™

Canacol Energy scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Canacol Energy.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canacol Energy is 1.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canacol Energy is 1.06, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 100.97.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.01% of the outstanding shares of Canacol Energy have been sold short.

Short Interest Ratio / Days to Cover

Canacol Energy has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Canacol Energy has recently increased by 85.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Canacol Energy is a leading dividend payer. It pays a dividend yield of 8.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Canacol Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canacol Energy is 8.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.01% of the outstanding shares of Canacol Energy have been sold short.

Short Interest Ratio / Days to Cover

Canacol Energy has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Canacol Energy has recently increased by 85.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.32

News Sentiment

Canacol Energy has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Canacol Energy this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Canacol Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canacol Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Canacol Energy is held by insiders.

CNNEF Stock Analysis - Frequently Asked Questions

How have CNNEF shares performed this year?

Canacol Energy's stock was trading at $5.30 at the beginning of 2024. Since then, CNNEF shares have decreased by 57.4% and is now trading at $2.26.
View the best growth stocks for 2024 here.

How were Canacol Energy's earnings last quarter?

Canacol Energy Ltd (OTCMKTS:CNNEF) issued its quarterly earnings data on Thursday, August, 8th. The company reported ($0.62) EPS for the quarter. The firm earned $94.57 million during the quarter.

When did Canacol Energy's stock split?

Shares of Canacol Energy reverse split on the morning of Saturday, January 21st 2023. The 1-5 reverse split was announced on Saturday, January 21st 2023. The number of shares owned by shareholders was adjusted after the market closes on Saturday, January 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Canacol Energy?

Shares of CNNEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/23/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:CNNEF
• CUSIP: N/A
• CIK: N/A
• Web: www.canacolenergy.com
• Phone: (403) 561-1648
• Fax: N/A
• Employees: 396
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 1.06
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 34,100,000
• Free Float: N/A
• Market Cap: $77.07 million
• Optionable: Not Optionable
• Beta: 0.84