TSE:CNE Canacol Energy (CNE) Stock Price, News & Analysis → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free CNE Stock Alerts C$4.60 +0.05 (+1.10%) (As of 05/30/2024 ET) Add Compare Share Share Today's RangeC$4.52▼C$4.6250-Day RangeC$4.29▼C$6.0052-Week RangeC$4.25▼C$12.55Volume10,870 shsAverage Volume53,943 shsMarket CapitalizationC$156.91 millionP/E Ratio1.34Dividend Yield22.61%Price TargetC$7.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canacol Energy alerts: Email Address Canacol Energy MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside62.3% UpsideC$7.47 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.44Based on 5 Articles This WeekInsider TradingAcquiring SharesC$48,700 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.56 out of 5 stars 2.8 Analyst's Opinion Consensus RatingCanacol Energy has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageCanacol Energy has only been the subject of 2 research reports in the past 90 days.Read more about Canacol Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNE. Previous Next 2.5 Dividend Strength Dividend LeadershipCanacol Energy is a leading dividend payer. It pays a dividend yield of 20.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanacol Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canacol Energy is 30.23%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Canacol Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNE. Previous Next 3.0 News and Social Media Coverage News SentimentCanacol Energy has a news sentiment score of 1.44. 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 0.43 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Canacol Energy this week, compared to 0 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canacol Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$48,700.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders20.98% of the stock of Canacol Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 23.56% of the stock of Canacol Energy is held by institutions.Read more about Canacol Energy's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canacol Energy is 1.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Canacol Energy is 1.34, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 207.44.Price to Book Value per Share RatioCanacol Energy has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Canacol Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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.Read More CNE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNE Stock News HeadlinesMay 25, 2024 | insidertrades.comCanacol Energy Ltd (TSE:CNE) Director Charle Gamba Purchases 10,000 SharesMay 27, 2024 | finance.yahoo.comCanacol Energy Provides Update Regarding Interest Payment, Termination of Fitch Ratings Coverage, and Exploration Drilling ProgramMay 27, 2024 | americanbankingnews.comCanacol Energy Ltd (TSE:CNE) Director Acquires C$48,700.00 in StockMay 10, 2024 | ca.finance.yahoo.comCanacol Energy Ltd (CNE.TO)May 9, 2024 | finance.yahoo.comCanacol Energy Ltd. Reports a 22% Increase in Netback and an Adjusted EBITDAX of $61 Million in Q1 2024April 25, 2024 | finance.yahoo.comCanacol Energy Ltd. To Announce First Quarter 2024 Financial Results on Thursday, May 9, 2024; Hold Conference Call on Friday, May 10, 2024March 27, 2024 | msn.comTSX futures edge up tracking precious metals pricesMarch 19, 2024 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Monday (CNE)February 20, 2024 | juniorminingnetwork.comNevada Lithium Resources Announces Appointment of Dr. David A. Winter to Board of DirectorsFebruary 19, 2024 | finance.yahoo.comCanacol Energy (TSE:CNE) Has Some Way To Go To Become A Multi-BaggerFebruary 6, 2024 | ca.finance.yahoo.comBulgaria's farmers are joining Europe-wide protestsFebruary 5, 2024 | ca.finance.yahoo.comStocks in play: Canacol Energy Ltd.February 5, 2024 | finance.yahoo.comCanacol Bonds Hit Record Low as Gas Producer Fails to Reassure Investors After Series of SetbacksFebruary 5, 2024 | finance.yahoo.comCanacol Energy Ltd. Provides 2024 Capital and Gas Sales GuidanceJanuary 15, 2024 | benzinga.comCanacol Energy Delivers Strong Performance and Growing Profits, Elevating Investor ReturnsJanuary 7, 2024 | seekingalpha.comCNE:CA Canacol Energy LtdDecember 29, 2023 | finance.yahoo.comHedge funds own 20% of Canacol Energy Ltd (TSE:CNE) shares but retail investors control 45% of the companyNovember 10, 2023 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Thursday (CNE)November 9, 2023 | finance.yahoo.comCanacol Energy Ltd. Reports an 11% Increase in Netback and an Adjusted EBITDAX of $62 million in Q3 2023November 1, 2023 | theglobeandmail.comCanacol Energy: Top 10 Undervalued Oil & Gas Industry Stocks (CNE)October 30, 2023 | finance.yahoo.comCanacol Energy Ltd. To Announce Third Quarter 2023 Financial Results on Thursday, November 9, 2023; Hold Conference Call on Friday, November 10, 2023October 28, 2023 | msn.com2 Neglected Stocks Set to Surprise InvestorsOctober 26, 2023 | theglobeandmail.comClosing Bell: Canacol Energy Ltd up on Wednesday (CNE)October 18, 2023 | finance.yahoo.comCanacol Energy Ltd. Announces Resignation of Juan Argento and Appointment of Valentina Garbarini to Board of DirectorsOctober 16, 2023 | finance.yahoo.comCanacol Energy Ltd. Announces Exercise of Warrants in Arrow Exploration Corp. and Filing of Early Warning ReportSee More Headlines Receive CNE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canacol Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/21/2024Today5/31/2024Next Earnings (Estimated)8/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:CNE CUSIPN/A CIKN/A Webwww.canacolenergy.com Phone+1-403-5611648FaxN/AEmployees396Year FoundedN/APrice Target and Rating Average Stock Price TargetC$7.47 High Stock Price TargetC$9.00 Low Stock Price TargetC$5.40 Potential Upside/Downside+62.3%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.44 Trailing P/E Ratio1.34 Forward P/E Ratio19.10 P/E GrowthN/ANet IncomeC$73.02 million Net Margins22.61% Pretax MarginN/A Return on Equity22.19% Return on Assets7.40% Debt Debt-to-Equity Ratio191.27 Current Ratio0.90 Quick Ratio1.34 Sales & Book Value Annual SalesC$322.97 million Price / Sales0.49 Cash FlowC$1.25 per share Price / Cash Flow3.68 Book ValueC$10.43 per share Price / Book0.44Miscellaneous Outstanding Shares34,110,000Free FloatN/AMarket CapC$156.91 million OptionableNot Optionable Beta0.82 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesDr. Charle A. Gamba B.Sc. (Age 60)MSc., Ph.D., President, CEO & Director Comp: $1.8MMr. Jason Michael Bednar B.Comm. (Age 53)CA, Chief Financial Officer Comp: $1.24MMr. Ravi SharmaChief Operating OfficerMr. Anthony Amar ZaidiVP of Business Development, General Counsel & Corporate SecretaryMs. Carolina OrozcoVice President of Investor Relations & CommunicationsMr. William M. Satterfield B.Sc. (Age 62)MA, Senior Vice President of Exploration More ExecutivesKey CompetitorsValeura EnergyTSE:VLEKiwetinohk EnergyTSE:KECSintana EnergyCVE:SEILogan EnergyCVE:LGNGran Tierra EnergyTSE:GTEView All CompetitorsInsidersCharle GambaBought 10,000 shares on 5/24/2024Total: C$48,700.00 ($4.87/share)View All Insider Transactions CNE Stock Analysis - Frequently Asked Questions Should I buy or sell Canacol Energy stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canacol Energy in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CNE shares. View CNE analyst ratings or view top-rated stocks. What is Canacol Energy's stock price target for 2024? 3 brokerages have issued 12-month price objectives for Canacol Energy's stock. Their CNE share price targets range from C$5.40 to C$9.00. On average, they predict the company's stock price to reach C$7.47 in the next twelve months. This suggests a possible upside of 62.3% 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 2024? Canacol Energy's stock was trading at C$6.96 on January 1st, 2024. Since then, CNE stock has decreased by 33.9% and is now trading at C$4.60. View the best growth stocks for 2024 here. When is Canacol Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our CNE earnings forecast. How were Canacol Energy's earnings last quarter? Canacol Energy Ltd (TSE:CNE) issued its quarterly earnings results on Thursday, March, 21st. The oil and gas exploration company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.48. The oil and gas exploration company earned $132.05 million during the quarter, compared to analyst estimates of $96.48 million. Canacol Energy had a net margin of 22.61% and a trailing twelve-month return on equity of 22.19%. How often does Canacol Energy pay dividends? What is the dividend yield for Canacol Energy? Canacol Energy declared a quarterly dividend on Wednesday, December 20th. Investors of record on Friday, December 29th will be paid a dividend of 0.26 per share on Monday, January 15th. This represents a $1.04 annualized dividend and a dividend yield of 22.61%. The ex-dividend date is Thursday, December 28th. 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 20.51%. CNE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.23%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CNE. When did Canacol Energy's stock split? Shares of Canacol Energy reverse split before market open 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 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. 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). 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. This page (TSE:CNE) was last updated on 5/31/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBill Clinton Backing Biden Replacement???The Freeport SocietyGold Set to EXPLODE!Gold Safe ExchangeUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin ProA once-in-a-century profit opportunity?Digital Mavericks MediaElon Musk’s Final Masterpiece: “X-9840”Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canacol Energy Ltd Please log in to your account or sign up in order to add this asset to your watchlist. 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