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TSE:CNE

Canacol Energy (CNE) Stock Price, News & Analysis

C$4.43
+0.10 (+2.31%)
(As of 07/26/2024 05:27 PM ET)
Today's Range
C$4.31
C$4.50
50-Day Range
C$4.01
C$5.07
52-Week Range
C$3.81
C$12.55
Volume
20,062 shs
Average Volume
48,529 shs
Market Capitalization
C$151.11 million
P/E Ratio
1.29
Dividend Yield
23.48%
Price Target
C$7.50

Canacol Energy MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
69.3% Upside
C$7.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Canacol Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$48,700 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

CNE stock logo

About Canacol Energy Stock (TSE:CNE)

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.

CNE Stock Price History

CNE Stock News Headlines

Closing Bell: Canacol Energy Ltd flat on Wednesday (CNE)
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Canacol Energy Ltd (CNE.TO)
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Closing Bell: Canacol Energy Ltd flat on Monday (CNE)
Bulgaria's farmers are joining Europe-wide protests
Stocks in play: Canacol Energy Ltd.
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/27/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
396
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$7.50
High Stock Price Target
C$9.00
Low Stock Price Target
C$5.50
Potential Upside/Downside
+69.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
C$73.02 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$322.97 million
Cash Flow
C$1.20 per share
Book Value
C$10.43 per share

Miscellaneous

Free Float
N/A
Market Cap
C$151.11 million
Optionable
Not Optionable
Beta
0.82
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Key Executives

  • Dr. Charle A. Gamba B.Sc. (Age 60)
    MSc., Ph.D., President, CEO & Director
    Comp: $1.8M
  • Mr. Jason Michael Bednar B.Comm. (Age 53)
    CA, Chief Financial Officer
    Comp: $1.24M
  • Mr. Ravi Sharma
    Chief Operating Officer
  • Mr. Anthony Amar Zaidi
    VP of Business Development, General Counsel & Corporate Secretary
  • Ms. Carolina Orozco
    Vice President of Investor Relations & Communications
  • Mr. William M. Satterfield B.Sc. (Age 62)
    MA, Senior Vice President of Exploration

CNE Stock Analysis - Frequently Asked Questions

How have CNE shares performed this year?

Canacol Energy's stock was trading at C$6.96 at the beginning of 2024. Since then, CNE stock has decreased by 36.4% and is now trading at C$4.43.
View the best growth stocks for 2024 here
.

How were Canacol Energy's earnings last quarter?

Canacol Energy Ltd (TSE:CNE) released its quarterly earnings results on Thursday, May, 9th. The oil and gas exploration company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.60. The oil and gas exploration company had revenue of $104.74 million for the quarter, compared to analyst estimates of $100.34 million. Canacol Energy had a trailing twelve-month return on equity of 22.19% and a net margin of 22.61%.

When did Canacol Energy's stock split?

Canacol Energy's stock reverse split on the morning of Friday, January 20th 2023. The 1-5 reverse split was announced on Friday, January 20th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, January 20th 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 CNE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canacol Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canacol Energy investors own include Frontera Energy (PRE), Avianca (AVH), Ecopetrol (EC), Gran Tierra Energy (GTE), Whiting Petroleum (WLL), Air Canada (AC) and Aecon Group (ARE).

This page (TSE:CNE) was last updated on 7/27/2024 by MarketBeat.com Staff

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