TSE:CNE Canacol Energy (CNE) Stock Price, News & Analysis C$3.40 -0.04 (-1.16%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$3.23▼C$3.4750-Day RangeC$3.40▼C$4.8552-Week RangeC$3.23▼C$11.85Volume48,117 shsAverage Volume45,510 shsMarket CapitalizationC$115.97 millionP/E Ratio7.39Dividend Yield30.59%Price TargetC$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canacol Energy alerts: Email Address Canacol Energy MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside120.6% UpsideC$7.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.24Based on 5 Articles This WeekInsider TradingN/AProj. 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.2.40 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 1 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 1.7 Dividend Strength Dividend LeadershipCanacol Energy is a leading dividend payer. It pays a dividend yield of 28.11%, 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 226.09%. Payout ratios above 75% are not desirable because they may not be sustainable.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 1.5 News and Social Media Coverage News SentimentCanacol Energy has a news sentiment score of -0.24. 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 lower news sentiment than the 0.53 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.MarketBeat Follows2 people have added Canacol Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canacol Energy insiders have not sold or bought any company stock.Percentage Held by Insiders20.60% 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 23.78% 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 7.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Canacol Energy is 7.39, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 104.00.Price to Book Value per Share RatioCanacol Energy has a P/B Ratio of 0.35. 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 Behind the Markets⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.Click here for the ticker >>> 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 HeadlinesSeptember 5 at 9:38 AM | msn.comColombia shares lower at close of trade; COLCAP down 0.87%September 5 at 9:38 AM | msn.comColombia stocks lower at close of trade; COLCAP down 0.87%September 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...September 2, 2024 | msn.comColombia shares lower at close of trade; COLCAP down 0.52%September 2, 2024 | msn.comColombia stocks lower at close of trade; COLCAP down 0.52%August 21, 2024 | finance.yahoo.comCanacol Energy's (TSE:CNE) Soft Earnings Don't Show The Whole PictureAugust 12, 2024 | finance.yahoo.comCanacol Energy Second Quarter 2024 Earnings: US$0.62 loss per share (vs US$1.17 profit in 2Q 2023)July 29, 2024 | finance.yahoo.comHere's What To Make Of Canacol Energy's (TSE:CNE) Decelerating Rates Of ReturnSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...July 28, 2024 | theglobeandmail.comCanacol Energy: Top 10 Undervalued Micro Cap Stocks on TSX (CNE)July 26, 2024 | theglobeandmail.comClosing Bell: Canacol Energy Ltd flat on Wednesday (CNE)July 22, 2024 | theglobeandmail.comCanacol Energy: Top 25 Undervalued Toronto Stock Exchange Stocks (CNE)May 27, 2024 | finance.yahoo.comCanacol Energy Provides Update Regarding Interest Payment, Termination of Fitch Ratings Coverage, and Exploration Drilling ProgramMay 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)See 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 Earnings8/08/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Get 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$7.50 High Stock Price TargetC$9.00 Low Stock Price TargetC$5.50 Potential Upside/Downside+120.6%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.46 Trailing P/E Ratio7.39 Forward P/E Ratio14.12 P/E GrowthN/ANet IncomeC$11.73 million Net Margins3.45% Pretax MarginN/A Return on Equity3.50% Return on Assets8.32% Debt Debt-to-Equity Ratio203.67 Current Ratio0.97 Quick Ratio1.34 Sales & Book Value Annual SalesC$339.87 million Price / Sales0.34 Cash FlowC$0.92 per share Price / Cash Flow3.68 Book ValueC$9.81 per share Price / Book0.35Miscellaneous Outstanding Shares34,110,000Free FloatN/AMarket CapC$115.97 million OptionableNot Optionable Beta0.83 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsSintana EnergyCVE:SEILogan EnergyCVE:LGNPine Cliff EnergyTSE:PNEGran Tierra EnergyTSE:GTEReconnaissance Energy AfricaCVE:RECOView 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 How have CNE shares performed this year? Canacol Energy's stock was trading at C$6.96 at the beginning of the year. Since then, CNE shares have decreased by 51.1% and is now trading at C$3.40. View the best growth stocks for 2024 here. How were Canacol Energy's earnings last quarter? Canacol Energy Ltd (TSE:CNE) posted its quarterly earnings results on Thursday, August, 8th. The oil and gas exploration company reported ($0.85) earnings per share for the quarter, missing analysts' consensus estimates of $1.15 by $2.00. The oil and gas exploration company earned $129.40 million during the quarter, compared to analyst estimates of $119.69 million. Canacol Energy had a trailing twelve-month return on equity of 3.50% and a net margin of 3.45%. When did Canacol Energy's stock split? Canacol Energy's stock 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 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. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored 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. Share Canacol Energy With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
