Canacol Energy Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canacol Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canacol Energy stock.
View analyst ratings for Canacol Energy or view top-rated stocks.

Wall Street analysts have given Canacol Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canacol Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Canacol Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for Canacol Energy.

Canacol Energy Ltd (TSE:CNE) announced its quarterly earnings data on Thursday, May, 13th. The oil and gas exploration company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.13. The oil and gas exploration company earned $83.35 million during the quarter, compared to the consensus estimate of $74.99 million.
View Canacol Energy's earnings history.

Canacol Energy's stock was trading at C$3.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CNE shares have decreased by 3.8% and is now trading at C$3.50.
View which stocks have been most impacted by COVID-19.

Canacol Energy pays an annual dividend of C$0.16 per share and currently has a dividend yield of 5.98%. CNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Canacol Energy is 145.78%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Canacol Energy's dividend history.

2 analysts have issued 1 year price objectives for Canacol Energy's shares. Their forecasts range from C$4.50 to C$6.00. On average, they anticipate Canacol Energy's stock price to reach C$5.25 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price.
View analysts' price targets for Canacol Energy or view top-rated stocks among Wall Street analysts.

Some companies that are related to Canacol Energy include Energean (ENOG), Raging River Exploration (RRX), Freehold Royalties (FRU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Tamarack Valley Energy (TVE), Kosmos Energy (KOS), Headwater Exploration (HWX), Tullow Oil (TLW), International Petroleum (IPCO), Advantage Oil & Gas (AAV), Diversified Gas & Oil (DGOC), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Frontera Energy (FEC) and Kelt Exploration (KEL).
View all of CNE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canacol Energy investors own include (PRE.TO) (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).

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

Shares of CNE 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.
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One share of CNE stock can currently be purchased for approximately C$3.50.

Canacol Energy has a market capitalization of C$627.60 million and generates C$271.61 million in revenue each year.

Canacol Energy employs 373 workers across the globe.

The official website for Canacol Energy is www.canacolenergy.com.

Canacol Energy is headquartered at Eighth Avenue Place, 4500-525 8 Ave SW, CALGARY, AB T2P 1G1, Canada.

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