Analyst Ratings For Canacol Energy Ltd (TSE:CNE)
Today, Canaccord Genuity reiterated its Buy rating on Canacol Energy Ltd (TSE:CNE) with a price target of C$5.50.
There are 2 hold ratings, 4 buy ratings on the stock.
The current consensus rating on Canacol Energy Ltd (TSE:CNE) is Buy (Score: 2.67) with a consensus target price of C$5.69 per share, a potential .
Some recent analyst ratings include
- 3/2/2017-Canaccord Genuity Reiterated Rating of Buy.
- 2/17/2017-TD Securities Reiterated Rating of Buy.
- 2/17/2017-Scotiabank Reiterated Rating of Outperform.
About Canacol Energy Ltd (TSE:CNE)
Canacol Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company is engaged in petroleum and natural gas exploration and development activities in Colombia and Ecuador. It owns approximately 0.5% interest in Oleoducto Bicentenario de Colombia (OBC), which owns a pipeline system that focuses on linking Llanos basin oil production to the Cano Limon oil pipeline system. It has reserves of approximately 79 million barrels of oil equivalent, which includes dry natural gas. Its production primarily consists of natural gas from its Nelson, Palmer and Clarinete fields in the Lower Magdalena Basin in Colombia; crude oil from its Leono, Labrador, Pantro, Tigro and Maltes fields in the Llanos Basin in Colombia, and tariff oil from the Ecuador IPC. Its Nelson and Palmer fields at the Esperanza block and Clarinete field at the VIM-5 block, located in the Lower Magdalena Basin in Colombia, produce dry natural gas for sale to local customers.
Recent Trading Activity for Canacol Energy Ltd (TSE:CNE)
Shares of Canacol Energy Ltd closed the previous trading session at 3.95 up +0.03 0.77% with 315,297 shares trading hands.
