Canacol Energy (OTCMKTS:CNNEF) Issues Quarterly Earnings Results

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

Canacol Energy Trading Down 6.0 %

OTCMKTS:CNNEF opened at $2.64 on Friday. Canacol Energy has a twelve month low of $1.99 and a twelve month high of $4.15. The company has a market cap of $90.08 million, a PE ratio of -2.75 and a beta of 0.99. The company’s 50 day moving average is $2.63 and its two-hundred day moving average is $2.55.

About Canacol Energy

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.