Canacol Energy Ltd.

CNE-T

Analysis and Opinions about CNE-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
June 23, 2020
A Colombian natural gas producer which enjoys a favourable U.S. price of US$3.60. Production will rise as more customers and pipeline capacity are found. There's a shortage of natural gas in the country. It pays a nice dividend of 5.6%. He has a $5 target. Buy below $3.40. (Analysts’ price target is $6.09)
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A Colombian natural gas producer which enjoys a favourable U.S. price of US$3.60. Production will rise as more customers and pipeline capacity are found. There's a shortage of natural gas in the country. It pays a nice dividend of 5.6%. He has a $5 target. Buy below $3.40. (Analysts’ price target is $6.09)
PAST TOP PICK
PAST TOP PICK
May 20, 2020
(A Top Pick May 24/19, Down 8%) They are a Colombian energy player. Volumes have increased and they have a good dividend. It remains a Top Pick for him.
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(A Top Pick May 24/19, Down 8%) They are a Colombian energy player. Volumes have increased and they have a good dividend. It remains a Top Pick for him.
TOP PICK
TOP PICK
May 20, 2020
A natural gas producer in Colombia that has growing production, growing cash flow and a growing dividend. He has a $5 one year target. Its balance sheet look strong and there is a good runway for production opportunities. Yield 1.43% (Analysts’ price target is $6.60)
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A natural gas producer in Colombia that has growing production, growing cash flow and a growing dividend. He has a $5 one year target. Its balance sheet look strong and there is a good runway for production opportunities. Yield 1.43% (Analysts’ price target is $6.60)
PAST TOP PICK
PAST TOP PICK
January 24, 2020
(A Top Pick Feb 28/19, Down 2%) They put in a dividend of $0.20 paid quarterly. They are selling natural gas in Colombia at triple the price in Canada. He likes the stock still and has a target of $8 per share. They are 100% natural gas. Production could increase by another third if pipeline and power projects move ahead. Yield 4.5%
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(A Top Pick Feb 28/19, Down 2%) They put in a dividend of $0.20 paid quarterly. They are selling natural gas in Colombia at triple the price in Canada. He likes the stock still and has a target of $8 per share. They are 100% natural gas. Production could increase by another third if pipeline and power projects move ahead. Yield 4.5%
BUY
BUY
September 16, 2019
He likes it and it is on his action alert buy list. They brought on a new pipeline. They are going to be drilling more wells and getting more reserves. He has an $8 target.
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Canacol Energy Ltd. (CNE-T)
September 16, 2019
He likes it and it is on his action alert buy list. They brought on a new pipeline. They are going to be drilling more wells and getting more reserves. He has an $8 target.
BUY
BUY
August 26, 2019
The pipeline from their fields in production is now fully in production. He has an $8 target on it. He likes the company. They now have another phase of growth on it. Management has done a fabulous job.
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The pipeline from their fields in production is now fully in production. He has an $8 target on it. He likes the company. They now have another phase of growth on it. Management has done a fabulous job.
TOP PICK
TOP PICK
May 24, 2019
They produce in Colombia and are expected to see excellent production growth. They receive $4.97 for their natural gas -- compared to $2.30 in Canada. He has an $8 target on the shares and would recommend buying anytime they dip below $4. Yield 0%. (Analysts’ price target is $6.06)
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They produce in Colombia and are expected to see excellent production growth. They receive $4.97 for their natural gas -- compared to $2.30 in Canada. He has an $8 target on the shares and would recommend buying anytime they dip below $4. Yield 0%. (Analysts’ price target is $6.06)
TOP PICK
TOP PICK
February 28, 2019
A natural gas producer in Columbia. They get $4.75 for Nat gas there. Production is ramping up with a new pipelines coming on line. Very nice growth. $8 is his one year target. There is a lot of exploration and drilling ahead of them. (Analysts’ price target is $5.90)
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Canacol Energy Ltd. (CNE-T)
February 28, 2019
A natural gas producer in Columbia. They get $4.75 for Nat gas there. Production is ramping up with a new pipelines coming on line. Very nice growth. $8 is his one year target. There is a lot of exploration and drilling ahead of them. (Analysts’ price target is $5.90)
DON'T BUY
DON'T BUY
March 23, 2017

He does not want international oil and gas. There are way better opportunities in US and Canada. Elsewhere there is the risk of pipeline bombings.

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He does not want international oil and gas. There are way better opportunities in US and Canada. Elsewhere there is the risk of pipeline bombings.

COMMENT
COMMENT
September 29, 2016

He used to own it. He moved to another. They got into trouble with oil prices, but have not gotten out of it. It is smaller cap. Reducing tax rates in Colombia would be beneficial to them.

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Canacol Energy Ltd. (CNE-T)
September 29, 2016

He used to own it. He moved to another. They got into trouble with oil prices, but have not gotten out of it. It is smaller cap. Reducing tax rates in Colombia would be beneficial to them.

HOLD
HOLD
September 16, 2016

(Market Call Minute.) An interesting story. Onshore Colombian gas. They are trying to do an exploration to prove up enough resources to build a pipeline to grow further.

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Canacol Energy Ltd. (CNE-T)
September 16, 2016

(Market Call Minute.) An interesting story. Onshore Colombian gas. They are trying to do an exploration to prove up enough resources to build a pipeline to grow further.

COMMENT
COMMENT
July 21, 2016

(Market Call Minute.) A Colombian gas story. They have all of their gas contracted at $5.60, and it seems to be pretty low risk drilling. This is one to look at.

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(Market Call Minute.) A Colombian gas story. They have all of their gas contracted at $5.60, and it seems to be pretty low risk drilling. This is one to look at.

COMMENT
COMMENT
May 12, 2016

Columbian player. He bought in ‘08/’09. It has come down and now he does not own it. Mostly gas in Columbia and they have fixed pricing for it. Their production will ramp up quite a bit in the next year or two. The management team has been put into the penalty box for missing over the last few years. He likes Columbian oil players.

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Columbian player. He bought in ‘08/’09. It has come down and now he does not own it. Mostly gas in Columbia and they have fixed pricing for it. Their production will ramp up quite a bit in the next year or two. The management team has been put into the penalty box for missing over the last few years. He likes Columbian oil players.

PAST TOP PICK
PAST TOP PICK
February 23, 2015

(Top Pick Dec 19/13, Down 57.32%) They were doing well and then energy came off. They made some big discoveries in the Nat Gas area. He is disappointed in a lot of the Columbian plays right now.

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Canacol Energy Ltd. (CNE-T)
February 23, 2015

(Top Pick Dec 19/13, Down 57.32%) They were doing well and then energy came off. They made some big discoveries in the Nat Gas area. He is disappointed in a lot of the Columbian plays right now.

PAST TOP PICK
PAST TOP PICK
November 26, 2014

(A Top Pick Oct 24/13. Down 32.81%.) Still likes the story. A Colombian producer. There are high expectations in terms of exploration, and thinks there is still a lot of that coming. It is going to be difficult with oil prices down at this level. Thinks it has been oversold.

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Canacol Energy Ltd. (CNE-T)
November 26, 2014

(A Top Pick Oct 24/13. Down 32.81%.) Still likes the story. A Colombian producer. There are high expectations in terms of exploration, and thinks there is still a lot of that coming. It is going to be difficult with oil prices down at this level. Thinks it has been oversold.

PAST TOP PICK
PAST TOP PICK
July 30, 2014

(Top Pick July 11/13, Up 116.26%) Started buying when he moved to AGF. They did a big financing and people participated. He really likes the story, A lot of news coming out over the next 4-5 weeks. A lot of catalysts in the next 6 months.

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(Top Pick July 11/13, Up 116.26%) Started buying when he moved to AGF. They did a big financing and people participated. He really likes the story, A lot of news coming out over the next 4-5 weeks. A lot of catalysts in the next 6 months.

COMMENT
COMMENT
May 21, 2014

Recently bought this off a recent financing and is a little disappointed in how the stock has performed post that. This is primarily in Colombia. Prefers Gran Tierra (GTE-T) and Parex (PXT-T) over this if you want exposure to South America.

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Recently bought this off a recent financing and is a little disappointed in how the stock has performed post that. This is primarily in Colombia. Prefers Gran Tierra (GTE-T) and Parex (PXT-T) over this if you want exposure to South America.

COMMENT
COMMENT
May 7, 2014

Has been a Top Pick in his last 3 appearances at $2, $4 and $5 and has done extremely well. Came out with some excellent exploration results that were 2900 BOEs with about 2300 net to them. Continuing to cash flow very well and their net backs are increasing. Just raised $125 million. Really likes the story and thinks you will hear a lot of good news. There are some big targets out there for over the next 6 months.

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Has been a Top Pick in his last 3 appearances at $2, $4 and $5 and has done extremely well. Came out with some excellent exploration results that were 2900 BOEs with about 2300 net to them. Continuing to cash flow very well and their net backs are increasing. Just raised $125 million. Really likes the story and thinks you will hear a lot of good news. There are some big targets out there for over the next 6 months.

TOP PICK
TOP PICK
April 8, 2014

Primarily in Colombia. Extremely prospective. Oil and gas. Cash flow growth of 40%+ year-over-year. Thinks the production guidance is conservative and will be re-rated. Extremely strong balance sheet that allows them to execute their business plan. Have big partners that will help them finance growth going forward. It will be volatile, but for somebody who is patient and likes growth, this is one you definitely want to own.

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Primarily in Colombia. Extremely prospective. Oil and gas. Cash flow growth of 40%+ year-over-year. Thinks the production guidance is conservative and will be re-rated. Extremely strong balance sheet that allows them to execute their business plan. Have big partners that will help them finance growth going forward. It will be volatile, but for somebody who is patient and likes growth, this is one you definitely want to own.

SELL
SELL
February 21, 2014

It is probably a little ahead of itself. There are other juniors that have performed in this fashion. He is still nervous on the juniors. He focuses on good dividend payers. Take your profit and put it in something a little safer.

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Canacol Energy Ltd. (CNE-T)
February 21, 2014

It is probably a little ahead of itself. There are other juniors that have performed in this fashion. He is still nervous on the juniors. He focuses on good dividend payers. Take your profit and put it in something a little safer.

TOP PICK
TOP PICK
December 19, 2013

Thinks we could see more results before Christmas. There is still a lot of upside here. There are a lot of catalysts here. They are working with some of the majors. Net backs have been increasing dramatically.

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Canacol Energy Ltd. (CNE-T)
December 19, 2013

Thinks we could see more results before Christmas. There is still a lot of upside here. There are a lot of catalysts here. They are working with some of the majors. Net backs have been increasing dramatically.

COMMENT
COMMENT
December 6, 2013

Sold her holdings in order to take a profit. They will likely be coming out with some pretty great reserve news in the next few weeks, which may help the stock further. Good management. Assets are definitely improving from where they were a few years ago. Mostly focused in Colombia.

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Sold her holdings in order to take a profit. They will likely be coming out with some pretty great reserve news in the next few weeks, which may help the stock further. Good management. Assets are definitely improving from where they were a few years ago. Mostly focused in Colombia.

HOLD
HOLD
December 6, 2013

Very interesting little oil/gas company operating in Colombia. Stock had a good run in the last little while. Drilled an exploration well that has some really good shows. Haven’t tested it yet, but the logs show a lot of pay in the well. Also, have a new potential shale play in Colombia. His only concern is the management, which has overpromised and under delivered.

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Very interesting little oil/gas company operating in Colombia. Stock had a good run in the last little while. Drilled an exploration well that has some really good shows. Haven’t tested it yet, but the logs show a lot of pay in the well. Also, have a new potential shale play in Colombia. His only concern is the management, which has overpromised and under delivered.

TOP PICK
TOP PICK
October 24, 2013

Had it as a Top Pick July 11/13 and feels that everything is playing out the way he thought. Starting to grow their production. Had another well that is producing about 780 BOE. Production is now about 10,000. Net backs continue to increase as a lot of their oil they were producing was tariff oil, much lower margins. Over the next couple of months they are drilling up another prospect that we’ll hear about by the end of the year, which could be worth $1.75 per share. Also have 3 joint ventures with majors that are huge targets.

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Had it as a Top Pick July 11/13 and feels that everything is playing out the way he thought. Starting to grow their production. Had another well that is producing about 780 BOE. Production is now about 10,000. Net backs continue to increase as a lot of their oil they were producing was tariff oil, much lower margins. Over the next couple of months they are drilling up another prospect that we’ll hear about by the end of the year, which could be worth $1.75 per share. Also have 3 joint ventures with majors that are huge targets.

COMMENT
COMMENT
July 12, 2013

Is it more bullish for the share price to move above the 200 day moving average? When the share price moves above the 200 day moving average, that is a good sign. What you want to see on this one is the 50 day moving average pull back up. This is a small energy company in South America. Chart shows a consolidation has taken place this year, so it is actually quite positive.

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Is it more bullish for the share price to move above the 200 day moving average? When the share price moves above the 200 day moving average, that is a good sign. What you want to see on this one is the 50 day moving average pull back up. This is a small energy company in South America. Chart shows a consolidation has taken place this year, so it is actually quite positive.

TOP PICK
TOP PICK
July 11, 2013

Has been overlooked. A number of years ago Columbian plays were all the rage and then they missed their numbers and they all came down together. These guys have continued to increase their production quietly but materially. Their netbacks have increased also. There is some large upside here. Thinks they will sell an oil field to a Chinese company. Multiple is very low and there are a lot of wild cards.

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Has been overlooked. A number of years ago Columbian plays were all the rage and then they missed their numbers and they all came down together. These guys have continued to increase their production quietly but materially. Their netbacks have increased also. There is some large upside here. Thinks they will sell an oil field to a Chinese company. Multiple is very low and there are a lot of wild cards.

WATCH
WATCH
June 13, 2013

Chart is so similar to so many of the resource stocks right now. Consolidation is shown from late 2012 on. There has been support on this at around $2.50. There is a little bit of a series of lower highs versus being flat. If it breaks out, he feels that’s an indication the story is good.

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Chart is so similar to so many of the resource stocks right now. Consolidation is shown from late 2012 on. There has been support on this at around $2.50. There is a little bit of a series of lower highs versus being flat. If it breaks out, he feels that’s an indication the story is good.

BUY
BUY
April 3, 2013

Most of the Colombian names have lagged over the last couple of years. Had some hiccups, but recently signed a deal with Exxon who will start to pay for some of their explorations. Good story at this price. Undervalued.

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Most of the Colombian names have lagged over the last couple of years. Had some hiccups, but recently signed a deal with Exxon who will start to pay for some of their explorations. Good story at this price. Undervalued.

PAST TOP PICK
PAST TOP PICK
January 2, 2013

(A Top Pick Jan 4/12. Down 15.97%.) Ran into a series of dry holes in Colombia and they weren’t replacing their reserves, so he Sold and took a bit of a hit. Was out of it well before the full decline.

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(A Top Pick Jan 4/12. Down 15.97%.) Ran into a series of dry holes in Colombia and they weren’t replacing their reserves, so he Sold and took a bit of a hit. Was out of it well before the full decline.

HOLD
HOLD
December 27, 2012

Things are looking up for the company. Some great results should be coming out fairly soon. Targets are fairly large. Thinks it has been sold off too heavily. Good management. If you own, continue to hold until some of the drill results come out.

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Canacol Energy Ltd. (CNE-T)
December 27, 2012

Things are looking up for the company. Some great results should be coming out fairly soon. Targets are fairly large. Thinks it has been sold off too heavily. Good management. If you own, continue to hold until some of the drill results come out.

Showing 1 to 30 of 83 entries

Canacol Energy Ltd.(CNE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Canacol Energy Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canacol Energy Ltd.(CNE-T) Frequently Asked Questions

What is Canacol Energy Ltd. stock symbol?

Canacol Energy Ltd. is a Canadian stock, trading under the symbol CNE-T on the Toronto Stock Exchange (CNE-CT). It is usually referred to as TSX:CNE or CNE-T

Is Canacol Energy Ltd. a buy or a sell?

In the last year, 4 stock analysts published opinions about CNE-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Canacol Energy Ltd..

Is Canacol Energy Ltd. a good investment or a top pick?

Canacol Energy Ltd. was recommended as a Top Pick by Josef Schachter on 2020-06-23. Read the latest stock experts ratings for Canacol Energy Ltd..

Why is Canacol Energy Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canacol Energy Ltd. worth watching?

4 stock analysts on Stockchase covered Canacol Energy Ltd. In the last year. It is a trending stock that is worth watching.

What is Canacol Energy Ltd. stock price?

On 2020-08-13, Canacol Energy Ltd. (CNE-T) stock closed at a price of $3.6.