Update shared on10 Aug 2025
Fair value Decreased 17%The decline in Canacol Energy’s consensus price target reflects a higher forecast future P/E and slightly improved, though still negative, revenue growth expectations, resulting in a fair value reduction from CA$3.58 to CA$2.98.
What's in the News
- Q2 and H1 total production declined year-over-year, with Q2 natural gas and LNG production at 124,345 Mcfpd (versus 162,652 Mcfpd last year), Colombia oil at 1,380 bopd (versus 1,700 bopd), and total 23,195 boepd (versus 30,235 boepd).
- Natilla-2 ST3 encountered operational difficulties due to wellbore instability and was temporarily abandoned; new drilling strategies are planned for Natilla-3 to address overpressured gas sands.
- Borbon-1 exploration well encountered 157 ft TVD of gas pay in primary CDO reservoir with 18% porosity; Zamia-1 found 32 ft TVD of gas pay at 22% porosity and will be brought on production, expected at 8–10 MMscfpd.
- Palomino-1 exploration well is scheduled to spud shortly, targeting CDO gas-charged sands, with a three-week drilling timeline.
- Fresa-4 appraisal well was spud targeting gas-charged CDO sands, located up dip from the currently producing Fresa-3 well (circa 10 MMscfpd); immediate tie-in to production is planned after drilling completion.
Valuation Changes
Summary of Valuation Changes for Canacol Energy
- The Consensus Analyst Price Target has significantly fallen from CA$3.58 to CA$2.98.
- The Future P/E for Canacol Energy has significantly risen from 0.77x to 0.98x.
- The Consensus Revenue Growth forecasts for Canacol Energy has significantly risen from -5.5% per annum to -4.4% per annum.
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