Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia.
Solid track record with high growth potential.
Share Price & News
How has Canacol Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNE has not had significant price volatility in the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: CNE underperformed the Canadian Oil and Gas industry which returned -17.8% over the past year.
Return vs Market: CNE underperformed the Canadian Market which returned -1.9% over the past year.
Price Volatility Vs. Market
How volatile is Canacol Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Can We Learn About Canacol Energy's (TSE:CNE) CEO Compensation?
3 weeks ago | Simply Wall StIs Canacol Energy (TSE:CNE) A Risky Investment?
1 month ago | Simply Wall StInvestors Who Bought Canacol Energy (TSE:CNE) Shares Five Years Ago Are Now Up 36%
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$3.6) is trading above our estimate of fair value (CA$3.55)
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 (26.3x) compared to the CA Oil and Gas industry average (20x).
PE vs Market: CNE is poor value based on its PE Ratio (26.3x) compared to the Canadian market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: CNE is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: CNE is overvalued based on its PB Ratio (2.2x) compared to the CA Oil and Gas industry average (0.9x).
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 (39.2% per year) is above the savings rate (1.7%).
Earnings vs Market: CNE's earnings (39.2% per year) are forecast to grow faster than the Canadian market (26.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CNE's revenue (12% per year) is forecast to grow faster than the Canadian market (6.3% per year).
High Growth Revenue: CNE's revenue (12% 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 (21.9%)
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 (6.3%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: CNE has become profitable over the past 5 years, growing earnings by 34.6% per year.
Accelerating Growth: CNE's earnings growth over the past year (357.8%) exceeds its 5-year average (34.6% per year).
Earnings vs Industry: CNE earnings growth over the past year (357.8%) exceeded the Oil and Gas industry -52%.
Return on Equity
High ROE: CNE's Return on Equity (8%) is considered low.
How is Canacol Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CNE's short term assets ($135.0M) exceed its short term liabilities ($74.0M).
Long Term Liabilities: CNE's short term assets ($135.0M) do not cover its long term liabilities ($442.1M).
Debt to Equity History and Analysis
Debt Level: CNE's debt to equity ratio (154.7%) is considered high.
Reducing Debt: CNE's debt to equity ratio has increased from 78% to 154.7% over the past 5 years.
Debt Coverage: CNE's debt is well covered by operating cash flow (43.3%).
Interest Coverage: CNE's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Canacol Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNE's dividend (5.57%) is higher than the bottom 25% of dividend payers in the Canadian market (1.73%).
High Dividend: CNE's dividend (5.57%) is low compared to the top 25% of dividend payers in the Canadian market (5.65%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether CNE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CNE's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.8%), CNE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNE's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charle Gamba (56 yo)
Dr. Charle A. Gamba, B.Sc., MSc., Ph.D. has been Chief Executive Officer and President of Canacol Energy Ltd. since October 30, 2008. Dr. Gamba founded Canacol Energy Ltd. in 2008. He served a variety of t ...
CEO Compensation Analysis
Compensation vs Market: Charle's total compensation ($USD1.43M) is above average for companies of similar size in the Canadian market ($USD981.13K).
Compensation vs Earnings: Charle's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.17yrs||US$1.14m||0.17% |
|Chief Operating Officer||4.83yrs||US$1.43m||no data|
|VP of Business Development||8.75yrs||US$1.30m||0.088% |
|Senior Vice President of Exploration||11.58yrs||US$1.14m||0.26% |
|Vice President of Capital Markets & Investor Relations||10.17yrs||US$752.62k||no data|
|Director of Investor Relations||no data||no data||no data|
|VP of Tax & Corporate Affairs||1.33yrs||no data||0.0019% |
|President of Canacol Energy Colombia||3.92yrs||no data||no data|
Experienced Management: CNE's management team is seasoned and experienced (7 years average tenure).
|Independent Director||4.83yrs||US$126.03k||no data|
|Independent Chairman of the Board||11.5yrs||US$186.23k||0.13% |
|Independent Director||11.5yrs||US$131.97k||0.0079% |
|Independent Director||7.67yrs||US$122.76k||0.76% |
|Member of Advisory Board||no data||US$100.20k||no data|
|Independent Director||5.58yrs||US$119.52k||no data|
|Independent Director||1.75yrs||US$119.26k||0.070% |
|Independent Director||0.42yr||no data||no data|
Experienced Board: CNE's board of directors are considered experienced (6.6 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 company bio, employee growth, exchange listings and data sources
- Name: Canacol Energy Ltd
- Ticker: CNE
- Exchange: TSX
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$655.237m
- Shares outstanding: 181.00m
- Website: https://www.canacolenergy.com
Number of Employees
- Canacol Energy Ltd
- Suite 2650
- 585 - 8th Avenue SW
- T2P 1G1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CNNE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 1989|
|3B6A||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 1989|
|CNE||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 1989|
|CNEC||BVC (Bolsa de Valores de Colombia)||Yes||Common Shares||CO||COP||Apr 1989|
|CNE N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Apr 1989|
Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia. As of December 31, 2019, it has a total proved plus probable reserves of 109,431 one thousand barre ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 13:03|
|End of Day Share Price||2020/08/13 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.