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Canacol Energy Ltd (3B6A.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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2.7200+0.0200 (+0.74%)
At close: 3:44PM CEST
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  • A
    Asdy
    Hey Everyone, Canacol is the largest gas producer in Columbia. Natural gas is in demand and JP morgan has a new target of $8+... Invest and be loonnng.. Natural gas is a long play. I believe in it.
  • b
    beyond
    https://finance.yahoo.com/news/canacol-energy-ltd-september-gas-120000414.html

    Another good well and good sales for September. No mention of stock buy back like the last two months
  • b
    beyond
    Is it the market price of gas or is it controlled by contracts?
  • b
    beyond
    I read below Anonymous’ comment below. He mentioned long term contracts. How long are they? What are they getting per MCF?
  • M
    MANUEL
    I really don’t understand what the CEO of this company is doing. Since at least 3 years ago is trying to sign a deal to built a new pipeline to Medellin and now it is expected that this will ve completed in 2024. Therefore another 3 years if poor results as without the pipelines they cannot sell the gas!!!
  • b
    beyond
    What is the price that CNE get per mcf tied to?
  • A
    Anonymous
    this company is not impacted by the price of oil/naural gas.
    Cash flow doubles once new pipeline is completed in early 2019.
    They have long term contracts at fixed prices to supply pipeline.
    that could be why they started a stock buyback program.
  • b
    beyond
    Natural gas was $3 in June but now over $5
  • L
    Lucas
    excelent dividend
    buybacks
    Growth ahead
    excelente value
    price has to go up
  • b
    beyond
    CNE has been on the move lately!!
  • M
    MANUEL
    The BOD should change the CEO. It is incredible that this company still is losing money!!
  • A
    Anonymous
    Stock buyback is good news. Lets hope that they keep it up.
    Dividend yield is nice.
    Eventually stock price has to go up.
  • B
    Baljit
    When will be the next dividend?
  • A
    Anonymous
    What are they going to do with all the free cash flow now that new pipeline is up and running?
    Maybe news when 3rd q announced.
  • A
    Anonymous
    cne is not going anywhere .
  • A
    Anonymous
    Two more home run wells. Still need pipeline to get up and running.
  • A
    Anonymous
    pipeline is finally connected. Watch the cash flow explode going forward.
  • A
    Anonymous
    When is pipeline going to be up and running?
  • A
    Anonymous
    looks like they just hit a monster well. Nelson 13.
  • A
    Anonymous
    must be some bad news out of Colombia today with big drop?