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

Canacol Energy (OTCMKTS:CNNEF) announced its quarterly earnings data on Thursday. The company reported ($0.75) earnings per share for the quarter, missing the consensus estimate of $0.90 by ($1.65), Zacks reports. The company had revenue of $98.34 million during the quarter, compared to the consensus estimate of $138.92 million.

Canacol Energy Stock Down 2.1 %

CNNEF stock opened at $2.81 on Friday. The firm has a market capitalization of $95.88 million, a PE ratio of 4.19 and a beta of 0.99. Canacol Energy has a twelve month low of $1.99 and a twelve month high of $4.55. The stock has a 50-day simple moving average of $2.63 and a two-hundred day simple moving average of $2.55.

Canacol Energy Company Profile

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.