Canacol Energy (OTCMKTS:CNNEF) Releases Quarterly Earnings Results, Misses Expectations By $1.65 EPS

Posted by Joseph Casey on Mar 22nd, 2025

Canacol Energy (OTCMKTS:CNNEF – Get Free Report) posted its earnings results on Thursday. The company reported ($0.75) EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($1.65), Zacks reports. The firm had revenue of $98.34 million during the quarter, compared to analysts’ expectations of $138.92 million.

Canacol Energy Trading Down 6.0 %

Shares of CNNEF opened at $2.64 on Friday. The firm has a market cap of $90.08 million, a P/E ratio of -2.75 and a beta of 0.99. Canacol Energy has a 12 month low of $1.99 and a 12 month high of $4.15. The stock’s 50 day moving average is $2.63 and its two-hundred day moving average is $2.55.

Canacol Energy Company Profile

(Get Free Report)

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.