Canacol Energy Ltd trades with the ticker CNE on the TSX and is in the Oil & Gas E&P industry.
Overview
Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.
Looking to invest in Canacol Energy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CNE.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $184.822MM
PE Ratio: 0.724
Price: 123 (Updated: 3/12/2024 0:47:16)
Canacol Energy Ltd (CNE) vs Competitors in Oil & Gas E&P
Lets see how CNE.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Canacol Energy Ltd (CNE) vs Advantage Oil & Gas Ltd (AAV)
- CNE has higher EPS (7.49 vs 0.59). CNE provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 0.724) indicating it’s more expensive.
- Canacol Energy Ltd (CNE) vs Africa Oil Corp (AOI)
- CNE has higher EPS (7.49 vs 0.24). CNE has higher dividend yield (19.2% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 0.724) indicating it’s more expensive.
- Canacol Energy Ltd (CNE) vs ARC Resources Ltd (ARX)
- CNE has higher EPS (7.49 vs 2.61). CNE has higher dividend yield (19.2% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 0.724) indicating it’s more expensive.
- Canacol Energy Ltd (CNE) vs Athabasca Oil Corporation (ATH)
- CNE has higher EPS (7.49 vs -0.09). CNE provides dividends, while ATH does not. ATH has a P/E under 0, indicating CNE (P/E 0.724) is in a better position.
- Canacol Energy Ltd (CNE) vs Birchcliff Energy Ltd (BIR)
- CNE has higher EPS (7.49 vs 0.32). CNE has higher dividend yield (19.2% vs 7.2%). BIR has a higher P/E ratio (17.25 vs 0.724) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (0.72) than the industry average (9.55), indicating potential undervaluation.
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