Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia.
High growth potential second-rate dividend payer.
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: 3B6A has not had significant price volatility in the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: 3B6A underperformed the German Oil and Gas industry which returned 79.3% over the past year.
Return vs Market: 3B6A underperformed the German Market which returned 15.1% 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
No news available
Is Canacol Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3B6A (€3.16) is trading below our estimate of fair value (€33.15)
Significantly Below Fair Value: 3B6A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3B6A is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: 3B6A is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3B6A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3B6A is overvalued based on its PB Ratio (2.8x) compared to the DE Oil and Gas industry average (1.4x).
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: 3B6A is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: 3B6A is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 3B6A's is expected to become profitable in the next 3 years.
Revenue vs Market: 3B6A's revenue (20.8% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: 3B6A's revenue (20.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3B6A's Return on Equity is forecast to be low in 3 years time (19.1%).
How has Canacol Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3B6A is currently unprofitable.
Growing Profit Margin: 3B6A is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3B6A is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.
Accelerating Growth: Unable to compare 3B6A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3B6A is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.3%).
Return on Equity
High ROE: 3B6A has a negative Return on Equity (-3.38%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Canacol Energy's financial position?
Financial Position Analysis
Short Term Liabilities: 3B6A's short term assets ($115.8M) exceed its short term liabilities ($77.4M).
Long Term Liabilities: 3B6A's short term assets ($115.8M) do not cover its long term liabilities ($435.5M).
Debt to Equity History and Analysis
Debt Level: 3B6A's debt to equity ratio (154.6%) is considered high.
Reducing Debt: 3B6A's debt to equity ratio has increased from 56.6% to 154.6% over the past 5 years.
Inventory Level: 3B6A has a high level of physical assets or inventory.
Debt Coverage by Assets: 3B6A's debt is not covered by short term assets (assets are 0.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3B6A has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3B6A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Canacol Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 3B6A's dividend (4.55%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: 3B6A's dividend (4.55%) is in the top 25% of dividend payers in the German market (3.59%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 3B6A's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 3B6A's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3B6A's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charle Gamba (55yo)
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 ($USD1.33M) is about average for companies of similar size in the German market ($USD1.15M).
Compensation vs Earnings: Charle's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.7yrs||US$1.14m||0.085% $486.0k|
|Chief Operating Officer||4.3yrs||US$1.34m||no data|
|VP of Business Development||8.3yrs||US$1.31m||0.088% $507.6k|
|Vice President of Capital Markets & Investor Relations||9.7yrs||US$752.62k||no data|
|Senior Vice President of Exploration||11.1yrs||US$760.99k||0.26% $1.5m|
|Director of Investor Relations||0yrs||no data||no data|
|VP Tax & Corporate Affairs||0yrs||no data||0.00083% $4.8k|
|President of Canacol Energy Colombia||3.4yrs||no data||no data|
Experienced Management: 3B6A's management team is seasoned and experienced (8.3 years average tenure).
|Independent Director||4.3yrs||US$128.69k||no data|
|Independent Chairman of the Board||11yrs||US$221.45k||0.13% $771.0k|
|Independent Director||11yrs||US$146.12k||0.0038% $21.7k|
|Independent Director||7.2yrs||US$133.17k||0.76% $4.4m|
|Member of Advisory Board||0yrs||US$100.20k||no data|
|Independent Director||5.1yrs||US$137.69k||no data|
|Independent Director||1.3yrs||US$8.31k||no data|
Experienced Board: 3B6A's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3B6A insiders have sold more shares than they have bought 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: 3B6A
- Exchange: DB
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$823.514m
- Listing Market Cap: CA$574.109m
- Shares outstanding: 180.99m
- Website: https://www.canacolenergy.com
Number of Employees
- Canacol Energy Ltd
- 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, 2018, it has a total proved plus probable reserves of 98,050 one thousand barrels of oil equivalent. The company is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 21:30|
|End of Day Share Price||2020/02/18 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.