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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

Post by bagoon Oct 28, 2022 8:12pm
423 Views
Post# 35057239

Going to be a bad Q3

Going to be a bad Q3Production down, debt keeps rising and no money for buybacks. Wouldn't surprise me to see this go back down to 1.5 or so. 10% dividend does nothing when you account for share depriciation. The best thing for shareholders is if this get taken out but good luck. 
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