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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to its producing blocks, the Company also has interests in several natural gas exploration contracts in Colombia.


TSX:CNE - Post by User

Bullboard Posts
Comment by Whitehellon Sep 23, 2014 9:56pm
117 Views
Post# 22964370

RE:RE:RE:RE:REALLY GAMBA?

RE:RE:RE:RE:REALLY GAMBA?0,42 of EPS ? it's the year estimate, Not for the Quarter. 0,42 would mean around 58 MM$ of Net income on 68 MM$ of revenu, this is clearly not possible.

And EPS is what it is, an accounting exercice that has it flaws... the IMpairment of 10 MM$ Of rancho, cut the Net income in half for the year ... I Like CF better, at least they are consistent period over period, without all the accounting chit-chat...
Bullboard Posts