Canacol Energy (OTCMKTS:CNNEF) Announces Quarterly Earnings Results

Canacol Energy (OTCMKTS:CNNEFGet Free Report) released its earnings results on Monday. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.06), Zacks reports. The business had revenue of $69.49 million during the quarter, compared to analyst estimates of $77.92 million.

Canacol Energy Stock Performance

Shares of CNNEF opened at $1.06 on Wednesday. Canacol Energy has a fifty-two week low of $0.96 and a fifty-two week high of $3.19. The business has a 50-day moving average of $1.69 and a 200 day moving average of $1.74. The firm has a market cap of $36.15 million, a P/E ratio of 1.19 and a beta of 1.01.

About Canacol Energy

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Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. 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.

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Earnings History for Canacol Energy (OTCMKTS:CNNEF)

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