Canacol Energy (TSE:CNE) Full Year 2024 Results
Key Financial Results
- Revenue: US$375.9m (up 19% from FY 2023).
- Net loss: US$32.7m (down by 138% from US$86.2m profit in FY 2023).
- US$0.96 loss per share (down from US$2.53 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Canacol Energy Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 2.9%.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 1.6% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Canacol Energy has 1 warning sign we think you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Canacol Energy might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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