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…
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