The earnings call indicates a strong financial performance with consecutive profitable quarters and successful drilling operations, yet it was balanced by production challenges and financial obligations. The company is addressing operational issues and remains focused on future growth and exploration opportunities.

Company Guidance -

Q3 2025

In the Canacol Energy second quarter 2025 financial results conference call, the company reported strong financial metrics, with realized average natural gas prices net of transportation at $6.77 per Mcf and operating netbacks of $5.11 per Mcf, translating into robust operating margins of approximately 75%. Adjusted funds from operations reached $36.9 million, while adjusted EBITDAX stood at $47.4 million, and net income was reported at $13.9 million—marking the fourth consecutive profitable quarter. Sales comprised 127 million standard cubic feet equivalent per day, with 119 million standard cubic feet per day from natural gas and 1,382 barrels of oil per day. Despite some production delays due to site access issues, current gas sales increased to approximately 137 million standard cubic feet per day. The company maintained a consolidated leverage ratio of 2.7x and an interest coverage ratio of 4.49x, with cash and cash equivalents at $37 million as of June 30. Capital expenditures for the quarter were $57 million, funded by operating cash flow and cash reserves. Looking ahead, Canacol aims to sustain EBITDAX growth, advance exploration in Colombia and Bolivia, and uphold strong ESG practices, with plans to drill several wells, including the high-impact Valiente-1, by year-end.

Profitable Quarter with Strong Net Income

Canacol reported a net income of $13.9 million for Q2 2025, marking the fourth consecutive profitable quarter and a significant turnaround from a net loss in Q2 2024.

High Operating Netbacks and Margins

The company achieved operating netbacks of $5.11 per Mcf and maintained robust operating margins of approximately 75%.

Successful Drilling Operations

Four successful wells were drilled: Siku-3, Fresa-4, Zamia-1, and Borbon-1, adding to the inventory of commercial opportunities.

Strong Financial Performance

Adjusted funds from operations were reported at $36.9 million, and adjusted EBITDAX at $47.4 million.

Publication of ESG and TCFD Reports

Canacol published its 2024 ESG and TCFD reports, emphasizing the company's commitment to sustainable and responsible energy production.

Canacol Energy (CNNEF) 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 >

CNNEF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.92 / -	0.3	―	―	―
Aug 07, 2025	2025 (Q2)	0.90 / 0.41	-0.62	166.13% (+1.03)	―
May 08, 2025	2025 (Q1)	0.60 / 0.93	0.11	745.45% (+0.82)
Mar 20, 2025	2024 (Q4)	0.90 / -0.75	0.88	-185.23% (-1.63)
Nov 07, 2024	2024 (Q3)	0.79 / 0.30	-0.02	1600.00% (+0.32)
Aug 08, 2024	2024 (Q2)	0.72 / -0.62	1.17	-152.99% (-1.79)
May 09, 2024	2024 (Q1)	0.72 / 0.11	0.49	-77.55% (-0.38)	―
Mar 21, 2024	2023 (Q4)	0.51 / 0.88	3.92	-77.55% (-3.04)
Nov 09, 2023	2023 (Q3)	0.49 / -0.02	-0.15	86.67% (+0.13)
Aug 10, 2023	2023 (Q2)	0.20 / 1.17	-0.2	685.00% (+1.37)

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

CNNEF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$1.48	$1.42	-4.05%
May 08, 2025	$2.26	$2.14	-5.31%
Mar 20, 2025	$2.81	$2.64	-6.05%
Nov 07, 2024	$2.25	$2.22	-1.33%

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 (CNNEF) report earnings?

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

What is Canacol Energy (CNNEF) earnings time?

Canacol Energy (CNNEF) 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 CNNEF EPS forecast?

CNNEF EPS forecast for the fiscal quarter 2025 (Q3) is 0.92.

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