CNE Stock Overview
Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia.
Canacol Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$3.12|
|52 Week High||CA$4.15|
|52 Week Low||CA$2.94|
|1 Month Change||-19.59%|
|3 Month Change||-6.02%|
|1 Year Change||-22.58%|
|3 Year Change||-26.24%|
|5 Year Change||-32.76%|
|Change since IPO||41.82%|
Recent News & Updates
Calculating The Fair Value Of Canacol Energy Ltd (TSE:CNE)
In this article we are going to estimate the intrinsic value of Canacol Energy Ltd ( TSE:CNE ) by taking the expected...
Canacol Energy (TSE:CNE) Will Pay A Dividend Of CA$0.052
Canacol Energy Ltd's ( TSE:CNE ) investors are due to receive a payment of CA$0.052 per share on 15th of October. This...
|CNE||CA Oil and Gas||CA Market|
Return vs Industry: CNE underperformed the Canadian Oil and Gas industry which returned 46.3% over the past year.
Return vs Market: CNE underperformed the Canadian Market which returned 21.9% over the past year.
|CNE Average Weekly Movement||4.6%|
|Oil and Gas Industry Average Movement||9.9%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.1%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: CNE is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CNE's weekly volatility (5%) has been stable over the past year.
About the Company
Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia. As of December 31, 2020, it has a total proved plus probable reserves of 637 billion cubic feet (Bcf) conventional natural gas; and had a total proved reserves of 395 Bcf conventional natural gas. The company is headquartered in Calgary, Canada.
Canacol Energy Fundamentals Summary
|CNE fundamental statistics|
Is CNE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNE income statement (TTM)|
|Cost of Revenue||US$52.49m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.051|
|Net Profit Margin||3.05%|
How did CNE perform over the long term?See historical performance and comparison
6.7%Current Dividend Yield
Is Canacol Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CNE (CA$3.12) is trading above our estimate of fair value (CA$2.24)
Significantly Below Fair Value: CNE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNE is poor value based on its PE Ratio (47.5x) compared to the Canadian Oil and Gas industry average (7.7x).
PE vs Market: CNE is poor value based on its PE Ratio (47.5x) compared to the Canadian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: CNE is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: CNE is overvalued based on its PB Ratio (2.3x) compared to the CA Oil and Gas industry average (1.9x).
How is Canacol Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNE's forecast earnings growth (58.1% per year) is above the savings rate (1.6%).
Earnings vs Market: CNE's earnings (58.1% per year) are forecast to grow faster than the Canadian market (10.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CNE's revenue (15% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: CNE's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNE's Return on Equity is forecast to be high in 3 years time (33.5%)
How has Canacol Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNE has high quality earnings.
Growing Profit Margin: CNE's current net profit margins (3%) are lower than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: CNE has become profitable over the past 5 years, growing earnings by 33.8% per year.
Accelerating Growth: CNE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNE had negative earnings growth (-54.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (132.3%).
Return on Equity
High ROE: CNE's Return on Equity (4.9%) is considered low.
How is Canacol Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CNE's short term assets ($118.1M) exceed its short term liabilities ($103.4M).
Long Term Liabilities: CNE's short term assets ($118.1M) do not cover its long term liabilities ($450.7M).
Debt to Equity History and Analysis
Debt Level: CNE's net debt to equity ratio (181.4%) is considered high.
Reducing Debt: CNE's debt to equity ratio has increased from 71.2% to 204.5% over the past 5 years.
Debt Coverage: CNE's debt is well covered by operating cash flow (31.8%).
Interest Coverage: CNE's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Canacol Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNE's dividend (6.65%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: CNE's dividend (6.65%) is in the top 25% of dividend payers in the Canadian market (4.6%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CNE has been paying a dividend for less than 10 years.
Growing Dividend: CNE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (334.3%), CNE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNE's dividends in 3 years are forecast to be well covered by earnings (29.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charle Gamba (57 yo)
Dr. Charle A. Gamba, B.Sc., MSc., Ph.D. has been Chief Executive Officer and President of Canacol Energy Ltd. since October 30, 2008. Dr. Gamba founded Canacol Energy Ltd.in 2008. He served a variety of t...
CEO Compensation Analysis
Compensation vs Market: Charle's total compensation ($USD1.51M) is above average for companies of similar size in the Canadian market ($USD816.39K).
Compensation vs Earnings: Charle's compensation has been consistent with company performance over the past year.
Experienced Management: CNE's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: CNE's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Canacol Energy Ltd's employee growth, exchange listings and data sources
- Name: Canacol Energy Ltd
- Ticker: CNE
- Exchange: TSX
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$551.433m
- Shares outstanding: 176.74m
- Website: https://www.canacolenergy.com
Number of Employees
- Canacol Energy Ltd
- 585 - 8th Avenue SW
- Suite 2650
- T2P 1G1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:19|
|End of Day Share Price||2021/11/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.