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Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
"Prepare for Five Years of Famine" (Ad)
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
"Prepare for Five Years of Famine" (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
"Prepare for Five Years of Famine" (Ad)
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
TSE:CNE

Canacol Energy - CNE Stock Forecast, Price & News

C$11.38
+0.64 (+5.96%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
C$10.81
C$11.42
50-Day Range
C$10.08
C$12.24
52-Week Range
C$8.75
C$16.30
Volume
23,965 shs
Average Volume
28,392 shs
Market Capitalization
C$388.17 million
P/E Ratio
13.88
Dividend Yield
9.14%
Price Target
C$17.50

CNE stock logo

About Canacol Energy (TSE:CNE) Stock

Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas. The company was incorporated in 1970 and is headquartered in Calgary, Canada.

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CNE Stock News Headlines

My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
Canacol Energy: Earn A 10% Yield With Natural Gas
Canacol Energy Ltd
See More Headlines
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CNE Company Calendar

Ex-Dividend for 1/16 Dividend
12/28/2022
Dividend Payable
1/16/2023
Today
3/28/2023
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Next Earnings (Estimated)
5/11/2023

Industry, Sector and Symbol

Industry
Oil & Gas E & P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
406
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$17.50
High Stock Price Forecast
C$17.50
Low Stock Price Forecast
C$17.50
Forecasted Upside/Downside
+53.8%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
C$20.57 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$340.51 million
Cash Flow
C$3.09 per share
Book Value
C$4.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$388.17 million
Optionable
Not Optionable
Beta
0.88

Key Executives

  • Dr. Charle A. Gamba B.Sc. (Age 59)
    MSc., Ph.D., Pres, CEO & Director
    Comp: $1.53M
  • Mr. Jason Michael Bednar B.Comm. (Age 52)
    CA, Chief Financial Officer
    Comp: $1.06M
  • Mr. Ravi Sharma
    Chief Operating Officer
  • Mr. Anthony Amar Zaidi
    VP of Bus. Devel., Gen. Counsel & Corp. Sec.
  • Ms. Carolina Orozco
    VP of Investor Relations & Communications
  • Ms. Tracy Lynn Whitmore
    VP of Tax & Corp. Affairs
  • Mr. William M. Satterfield B.Sc. (Age 61)
    MA, Sr. VP of Exploration
  • Mr. Thomas Lutz
    Pres of Canacol Energy Colombia













CNE Stock - Frequently Asked Questions

What is Canacol Energy's stock price forecast for 2023?

0 brokerages have issued 1-year price targets for Canacol Energy's shares. Their CNE share price forecasts range from C$17.50 to C$17.50. On average, they predict the company's stock price to reach C$17.50 in the next year. This suggests a possible upside of 53.8% from the stock's current price.
View analysts price targets for CNE
or view top-rated stocks among Wall Street analysts.

How have CNE shares performed in 2023?

Canacol Energy's stock was trading at C$9.80 at the beginning of 2023. Since then, CNE shares have increased by 16.1% and is now trading at C$11.38.
View the best growth stocks for 2023 here
.

When is Canacol Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our CNE earnings forecast
.

How often does Canacol Energy pay dividends? What is the dividend yield for Canacol Energy?

Canacol Energy announced a quarterly dividend on Thursday, March 16th. Shareholders of record on Friday, March 31st will be paid a dividend of 0.26 per share on Monday, April 17th. This represents a $1.04 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for CNE
.

Is Canacol Energy a good dividend stock?

Canacol Energy (TSE:CNE) pays an annual dividend of C$1.04 per share and currently has a dividend yield of 10.20%. CNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 126.83%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CNE.

When did Canacol Energy's stock split?

Canacol Energy shares reverse split on 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 market closes 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.

What other stocks do shareholders of Canacol Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canacol Energy investors own include Frontera Energy (PRE), Avianca (AVH), Ecopetrol (EC), Gran Tierra Energy (GTE), Whiting Petroleum (WLL), Air Canada (AC), Aecon Group (ARE), CEMEX (CX), Parex Resources (PXT) and Alimentation Couche-Tard (ATD.B).

What is Canacol Energy's stock symbol?

Canacol Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CNE."

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 is Canacol Energy's stock price today?

One share of CNE stock can currently be purchased for approximately C$11.38.

How much money does Canacol Energy make?

Canacol Energy (TSE:CNE) has a market capitalization of C$388.17 million and generates C$340.51 million in revenue each year. The oil and gas exploration company earns C$20.57 million in net income (profit) each year or C$0.82 on an earnings per share basis.

How many employees does Canacol Energy have?

The company employs 406 workers across the globe.

How can I contact Canacol Energy?

Canacol Energy's mailing address is Eighth Avenue Place, 4500-525 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The official website for the company is www.canacolenergy.com. The oil and gas exploration company can be reached via phone at +1-403-5611648.

This page (TSE:CNE) was last updated on 3/29/2023 by MarketBeat.com Staff