Investing In South America - Colombian Stock (Part 9)

Colombian and Bolivian Gas - Canacol Energy

Canacol Energy (CNE.TO)

P/E: 0.75 (NOT A TYPO!)

Dividend Yield: 18.84%

At first glance, the company has an awful stock chart, an absurdly low P/E, and a great dividend yield. So what is going on here?

Canacol At A Glance

Canacol is a Colombian GAS company, with very little oil production. This is Canacol’s main difference from Ecopetrol and Geopark.

The com…