TSE:CNECanacol Energy Stock Price, Forecast & News

Canacol Energy's stock was trading at C$3.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CNE stock has increased by 4.7% and is now trading at C$3.81. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canacol Energy in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canacol Energy.

Canacol Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Canacol Energy.

Canacol Energy Ltd (TSE:CNE) posted its quarterly earnings results on Wednesday, May, 13th. The oil and gas exploration company reported ($0.19) EPS for the quarter. The oil and gas exploration company earned $110.47 million during the quarter. View Canacol Energy's earnings history.

Canacol Energy announced a dividend on Friday, December 13th. Stockholders of record on Monday, December 30th will be given a dividend of 0.052 per share on Monday, December 30th. This represents a yield of 1.15%. The ex-dividend date is Friday, December 13th. View Canacol Energy's dividend history.

2 equities research analysts have issued 12-month price targets for Canacol Energy's stock. Their forecasts range from C$6.00 to C$7.00. On average, they anticipate Canacol Energy's share price to reach C$6.33 in the next twelve months. This suggests a possible upside of 66.2% from the stock's current price. View analysts' price targets for Canacol Energy.

Media stories about CNE stock have been trending negative recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canacol Energy earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Canacol Energy.

Some companies that are related to Canacol Energy include Raging River Exploration (RRX), Seven Generations Energy (VII), Energean Oil & Gas (ENOG), Whitecap Resources (WCP), Diversified Gas & Oil (DGOC), Kosmos Energy (KOS), Tullow Oil (TLW), Canacol Energy (CNNEF), Kina Petroleum (KPE), Freehold Royalties (FRU), Premier Oil (PMO), Baytex Energy (BTE), International Petroleum (IPCO), TORC Oil and Gas (TOG) and Advantage Oil & Gas (AAV). View all competitors.

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), Cemex SAB de CV (CX), Air Canada (AC), Aecon Group (ARE), B2Gold (BTO) and Parex Resources (PXT).

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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of CNE stock can currently be purchased for approximately C$3.81.

Canacol Energy has a market capitalization of C$689.06 million and generates C$273.44 million in revenue each year. Canacol Energy employs 212 workers across the globe.

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

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.