The earnings call reflected a mixed sentiment, with strong financial performance and successful drilling operations overshadowed by production delays, softened financial metrics, and significant capital expenditures. While the company is optimistic about the remainder of 2025, challenges in the current quarter highlight areas of concern.

Company Guidance

During the Canacol Energy second quarter 2025 conference call, the company provided several key metrics and guidance insights. Canacol reported an average realized natural gas price of $6.77 per Mcf, with field operating costs at $0.54 per Mcf, leading to robust operating netbacks of $5.11 per Mcf and operating margins around 75%. The company achieved adjusted funds from operations of $36.9 million, adjusted EBITDAX of $47.4 million, and a net income of $13.9 million. Total natural gas and oil sales were 127 million standard cubic feet equivalent per day. Canacol plans to maintain its capital expenditure guidance at the upper range of $160 million for the year, with a focus on drilling activities in the Lower and Middle Magdalena valleys, including the high-impact Valiente-1 exploration well. The second quarter saw $57 million in capital expenditures, with a cash position of $37 million as of June 30, 2025. The company is also preparing for activities in Bolivia in 2026, with expectations to finalize congressional approval for exploration contracts later this year.

Strong Financial Performance

Canacol reported strong financial metrics with a realized natural gas price of $6.77 per Mcf, operating netbacks of $5.11 per Mcf, adjusted funds from operations of $36.9 million, and a net income of $13.9 million.

Successful Drilling Operations

Four successful wells were drilled during Q2 2025, consisting of 2 appraisal and 2 exploration wells, contributing to the inventory of commercial opportunities in the Lower Magdalena Valley Basin.

ESG and TCFD Reports Published

Canacol published its 2024 integrated ESG and TCFD reports, emphasizing the importance of ESG principles.

Positive Outlook for Remainder of 2025

Canacol is well-positioned for continued growth, with high-impact exploration prospects and a focus on sustaining EBITDAX and reserves.

Canacol Energy (TSE:CNE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:CNE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	1.26 / -	0.412	―	―	―
Aug 07, 2025	2025 (Q2)	1.24 / 0.56	-0.852	166.13% (+1.42)	―
May 08, 2025	2025 (Q1)	0.82 / 1.28	0.151	745.45% (+1.13)
Mar 20, 2025	2024 (Q4)	1.23 / -1.03	1.209	-185.23% (-2.24)
Nov 07, 2024	2024 (Q3)	1.09 / 0.41	-0.027	1600.00% (+0.44)
Aug 08, 2024	2024 (Q2)	0.98 / -0.85	1.608	-152.99% (-2.46)
May 09, 2024	2024 (Q1)	1.00 / 0.15	0.673	-77.55% (-0.52)	―
Mar 21, 2024	2023 (Q4)	0.71 / 1.21	5.386	-77.55% (-4.18)
Nov 09, 2023	2023 (Q3)	0.67 / -0.03	-0.206	86.67% (+0.18)
Aug 10, 2023	2023 (Q2)	0.28 / 1.61	-0.275	685.00% (+1.88)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:CNE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	C$2.01	C$1.94	-3.48%
May 08, 2025	C$3.13	C$2.98	-4.79%
Mar 20, 2025	C$3.95	C$3.84	-2.78%
Nov 07, 2024	C$3.11	C$3.09	-0.64%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Canacol Energy (TSE:CNE) report earnings?

Canacol Energy (TSE:CNE) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Canacol Energy (TSE:CNE) earnings time?

Canacol Energy (TSE:CNE) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:CNE EPS forecast?

TSE:CNE EPS forecast for the fiscal quarter 2025 (Q3) is 1.26.

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