Canacol Energy Ltd
TSX:CNE

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Canacol Energy Ltd
TSX:CNE
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Price: 1.74 CAD -4.4% Market Closed
Market Cap: 59.4m CAD

Gross Margin
Canacol Energy Ltd

92.2%
Current
92%
Average
33.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
92.2%
=
Gross Profit
339.8m
/
Revenue
368.5m

Gross Margin Across Competitors

Canacol Energy Ltd
Glance View

Market Cap
59.4m CAD
Industry
Energy

Canacol Energy Ltd. engages in the exploration and development of petroleum and natural gas. The company is headquartered in Calgary, Alberta and currently employs 406 full-time employees. The firm is primarily engaged in natural gas exploration and development activities in Colombia. Its production primarily consists of natural gas from the Nelson, Palmer and Nispero fields in the Esperanza block, the Clarinete and Pandereta fields in the VIM-5 block and the Toronja, Arandala and Breva fields in the VIM-21 block, located in the Lower Magdalena Basin in Colombia. The Company’s production also includes crude oil from its Rancho Hermoso property in Colombia (Colombia oil). The firm either sells its natural gas at its Jobo gas plant gate or delivers its natural gas to the off-takers’ locations.

CNE Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
92.2%
=
Gross Profit
339.8m
/
Revenue
368.5m
What is the Gross Margin of Canacol Energy Ltd?

Based on Canacol Energy Ltd's most recent financial statements, the company has Gross Margin of 92.2%.

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