Canacol Energy Ltd. (T:CNE)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | Suite 2000, 215 - 9 Ave, SW CALGARY AB T2P 1K3 |
| Tel: | 1-403-5611648 |
| Website: | https://canacolenergy.com |
| IR: | See website |
| Key People | ||
| Charle Gamba President, Chief Executive Officer, Director | Jason Bednar Chief Financial Officer | Ravi Sharma Chief Operating Officer |
| William Satterfield Senior Vice President - Exploration | Carolina Orozco Vice President - Investor Relations and Communications | Aurora Juan Vice President - Development |
| Tracy Whitmore Vice President - Tax and Corporate Affairs | Anthony Zaidi Vice President - Business Development, General Counsel, Corporate Secretary | Thomas Lutz General Manager - Colombia |
| Business Overview |
| 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. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Canacol Energy Ltd revenues decreased 6% to $315.8M. Net income decreased 41% to $86.2M. Revenues reflect Oil Equivalent Production (Units/day), T decrease of 2% to 32K barrels per day, Natural gas trading income decrease from $28.8M to $0K. Net income also reflects Average Production Costs per unit, Total increase of 25% to $2.54 per barrel. |
| Employees: | 396 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,037M as of Dec 31, 2023 |
| Annual revenue (TTM): | $431.73M as of Dec 31, 2023 |
| EBITDA (TTM): | $297.97M as of Dec 31, 2023 |
| Net annual income (TTM): | $117.89M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$200.52M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $870.86M as of Dec 31, 2023 |
| Shares outstanding: | 34,111,000 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.