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Canacol Energy Reports Improved Q3 Net Income Amid Revenue Decline

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Canacol Energy Reports Improved Q3 Net Income Amid Revenue Decline

TipRanks Black Friday Sale

An update from Canacol Energy ( (TSE:CNE) ) is now available.

Canacol Energy Ltd. reported a net income of $18.7 million for the third quarter of 2025, a significant improvement from the previous year, driven by a non-cash deferred income tax recovery. However, the company faced a decline in total revenues and adjusted EBITDAX due to decreased natural gas and LNG sales volumes. The company is focusing on completing its exploration and development drilling programs and addressing liquidity challenges by engaging with banking groups.

The most recent analyst rating on (TSE:CNE) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Canacol Energy stock, see the TSE:CNE Stock Forecast page.

Spark’s Take on TSE:CNE Stock

According to Spark, TipRanks’ AI Analyst, TSE:CNE is a Neutral.

Canacol Energy’s overall stock score is primarily impacted by its financial performance challenges, including high leverage and negative profitability metrics. Technical analysis indicates bearish momentum, further weighing down the score. The valuation suggests potential undervaluation, providing some support. The earnings call presents a mixed outlook with both positive and negative factors, slightly improving the overall score.

To see Spark’s full report on TSE:CNE stock, click here.

More about Canacol Energy

Canacol Energy Ltd. is a company operating in the natural gas and liquefied natural gas (LNG) industry. It focuses on the exploration, development, and production of natural gas and LNG, primarily serving markets in Colombia.

YTD Price Performance: -52.37%

Average Trading Volume: 55,620

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$61.76M

For a thorough assessment of CNE stock, go to TipRanks’ Stock Analysis page.

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