CANACOL ENERGY LTD chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.92
Dividend & Yield0.21C$ (9.86%)
Beta 0.78
Market capitalization 340.01M
Operating cash flow 159.33M
ESG Scores unknown

Company description

Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas. The company was incorporated in 1970 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio2.83
Working Capital0.11
Return On Equity0.08
Debt To Equity2.66
Fixed Asset Ratio0.43
Fixed Interest Cover2.76

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -75.52M -84.26M -88.96M -101.48M
Net Borrowings 38.12M -5.07M 18.15M 121.43M
Total Cash From Financing Activities -5.93M -34.48M -33.41M 51.53M
Change To Operating Activities -8.65M -15.7M 7.92M -16.91M
Issuance Of Stock 4.21M 8.63M 3.21M
Net Income -21.84M 34.25M -4.74M 15.18M
Change In Cash 12.56M -10.39M 27.04M 70.24M
Effect Of Exchange Rate 1.88M 1.88M -2.91M -3.62M
Total Cash From Operating Activities 94.01M 106.47M 152.32M 123.81M
Depreciation 55.74M 55.78M 65.93M 69.39M
Change To Account Receivables
Other Cashflows From Financing Activities -47.22M -29.5M -28.66M -31.67M
Change To Netincome 66.83M 30.25M 81.08M 53.38M
Capital Expenditures -111.1M -103.06M -85.51M -98.72M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 9.1M 64.73M 77.4M 59.07M
Net Income -21.84M 34.25M -4.74M 15.18M
Selling General Administrative 28.2M 28.97M 47.45M 50.12M
Gross Profit 171.45M 202.38M 247.25M 249.3M
Ebit 72.16M 96.92M 113.47M 94.66M
Operating Income 72.16M 96.92M 113.47M 94.66M
Interest Expense -33.78M -32.69M -32.92M -34.26M
Income Tax Expense 30.94M 30.49M 82.14M 43.89M
Total Revenue 222.41M 242.08M 278.81M 310.54M
Cost Of Revenue 50.97M 39.7M 31.56M 61.25M
Total Other Income ExpenseNet -63.05M -32.19M -36.08M -35.59M
Net Income From Continuing Ops -21.84M 34.25M -4.74M 15.18M
Net Income Applicable To Common Shares -21.84M 34.25M -4.74M 15.18M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 499.57M 511.32M 542.42M 658.63M
Total Stockholder Equity 205.44M 242.75M 207.37M 185.13M
Other Current Liabilities 16.17M 30.07M 33.53M 15.88M
Total Assets 705M 754.06M 749.79M 843.76M
Common Stock 159.12M 169.46M 168.57M 159.8M
Other Current Assets 1.21M 9.15M
Retained Earnings -21.84M 4.88M -27.77M -41.89M
Treasury Stock 68.16M 68.4M 66.57M 67.22M
Cash 51.63M 41.24M 68.28M 138.52M
Total Current Liabilities 69.26M 97.81M 92.62M 77.05M
Other Stockholder Equity 68.16M 68.4M 66.57M 67.22M
Property, Plant, and Equipment 519.98M 559.96M 587.56M 600.96M
Total Current Assets 124.74M 133.27M 153.5M 218.35M
Net Tangible Assets 205.44M 242.75M 207.37M 185.13M
Net Receivables 68.21M 79.14M 81.27M 76.94M
Accounts Payable 49.28M 52.59M 45.18M 52.36M


Insider Transactions

Here are the insider transactions of stock shares related to CANACOL ENERGY LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Hibberd (Michael John)Acquisition or disposition in the public market at price 1.72 per share.D2022-09-13Director of Issuer6.6k
Canacol Energy LtdD2022-07-29Issuer86.63k
Hibberd (Michael John)Acquisition or disposition in the public market at price 1.88 per share.D2022-07-21Director of Issuer5k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 1.74 per share.D2022-07-15Issuer43.32k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 1.71 per share.D2022-07-14Issuer43.32k
Satterfield (William Mcswain)D2022-06-30Senior Officer of Issuer
Orozco (Vieira Carolina)D2022-06-24Senior Officer of Issuer
Whitmore (Tracy Lynn)I2022-03-01Senior Officer of Issuer5.7k
Canacol Energy LtdD2021-12-31Issuer369.8k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.44 per share.D2021-12-14Issuer36.2k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.50 per share.D2021-12-13Issuer16k
Whitmore (Tracy Lynn)Acquisition or disposition in the public market at price 2.48 per share.D2021-12-13Senior Officer of Issuer10k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.52 per share.D2021-12-09Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.53 per share.D2021-12-08Issuer46.7k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.49 per share.D2021-12-06Issuer30.9k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.45 per share.D2021-12-03Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.49 per share.D2021-12-02Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.47 per share.D2021-12-01Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.44 per share.D2021-11-30Issuer60k
Canacol Energy LtdD2021-11-30Issuer85k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.46 per share.D2021-11-29Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.48 per share.D2021-11-26Issuer60k
Canacol Energy LtdRedemption, retraction, cancelation, repurchase at price 2.74 per share.D2021-11-17Issuer25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CANACOL ENERGY LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CANACOL ENERGY LTD

Here is the result of two systematic investment strategies applied to CANACOL ENERGY LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CANACOL ENERGY LTD

The following chart shows the equity curve of the two systematic investment strategies applied to CANACOL ENERGY LTD:

CANACOL ENERGY LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -26.92% on the backtest period.

Performance at glance

Performance

-26.92 %

Latent gain

-402.63 C$

Invested capital

1495.89 C$

Annualized return

-6.5 %
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Momentum strategy results on CANACOL ENERGY LTD

This is the result of two momentum investment strategies applied to CANACOL ENERGY LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CANACOL ENERGY LTD

The following chart shows all the entries opened by the momentum investment system on CANACOL ENERGY LTD:

CANACOL ENERGY LTD momentum entries
  • The first momentum investment strategy would give -25.85% of return on CANACOL ENERGY LTD. That represents -1295.09C$ of latent gain with 5010.53C$ of employed capital.
  • The second momentum investment strategy would give -25.96% of return on CANACOL ENERGY LTD. That represents -1102.61C$ of latent gain with 4248.13C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-25.85 %

Latent gain

-1295.09 C$

Invested capital

5010.53 C$

Annualized return

-9.15 %
Performance at glance (2Q Momentum)

Performance

-25.96 %

Latent gain

-1102.61 C$

Invested capital

4248.13 C$

Annualized return

-7.09 %

Momentum equity curve on CANACOL ENERGY LTD

The following chart shows the equity curve of the two momentum strategies applied to CANACOL ENERGY LTD:

CANACOL ENERGY LTD momentum equity

Note: the dividends potentially given by CANACOL ENERGY LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANACOL ENERGY LTD

The following chart shows the employed capital evolution of the two momentum strategies on CANACOL ENERGY LTD since the beginning:

CANACOL ENERGY LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CANACOL ENERGY LTD

Buy the dip entry openings on CANACOL ENERGY LTD

CANACOL ENERGY LTD

The performance achieved by the robo-advisor on CANACOL ENERGY LTD is -19.59%. That represents -195.64$ of latent gain with 998.46C$ of employed capital. The following chart shows CANACOL ENERGY LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CANACOL ENERGY LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-19.59 %

Latent gain

-195.64 C$

Invested capital

998.46 C$

Annualized return

-9.15 %

Equity curve of the strategy applied to CANACOL ENERGY LTD

The following chart shows the result of the investment strategy applied to CANACOL ENERGY LTD:

CANACOL ENERGY LTD

Note: the dividends potentially given by CANACOL ENERGY LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANACOL ENERGY LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on CANACOL ENERGY LTD:

CANACOL ENERGY LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CANACOL ENERGY LTD

In this section, I will compare the three previous investment strategies applied to CANACOL ENERGY LTD.

Equity curve comparison on CANACOL ENERGY LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CANACOL ENERGY LTD investment strategy comparison

Employed capital comparison on CANACOL ENERGY LTD

CANACOL ENERGY LTD investment comparison

Performance comparison on CANACOL ENERGY LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -26.92% -402.63C$ 1495.89C$ -6.5%
Momentum 1 quarter -25.85% -1295.09C$ 5010.53C$ -6.63%
Momentum 2 quarters -25.96% -1102.61C$ 4248.13C$ -7.09%
Non-directional -19.59% -195.64C$ 998.46C$ -9.15%
Annualized return comparison

Automatic investment

-6.5 %

Momentum 1Q

-7.09 %

Momentum 2Q

-7.09 %

Non-directional

-9.15 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CANACOL ENERGY LTD:

Positive correlations

Most correlated stocks this year

  • CANACOL ENERGY LTD

  • Most correlated stocks last 3 months

  • CANACOL ENERGY LTD
  • SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC ORD NGN0.
  • iShares MSCI Philippines ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between CANACOL ENERGY LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of CANACOL ENERGY LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name CANACOL ENERGY LTD
    Country Canada
    City Calgary
    Address 215 - 9th Avenue SW
    Phone
    Website canacolenergy.com
    FullTime employees 406
    Industry Oil & Gas E&P
    Sector Energy
    Exchange XTSE
    Ticker CNE.XTSE
    Market

    CANACOL ENERGY LTD ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown