Financial Comparison: Canacol Energy (OTCMKTS:CNNEF) vs. Tenaz Energy (OTCMKTS:ATUUF)

Canacol Energy (OTCMKTS:CNNEF) and Tenaz Energy (OTCMKTS:ATUUF) are both energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, valuation and risk.

Insider & Institutional Ownership

5.3% of Tenaz Energy shares are owned by institutional investors. 2.5% of Canacol Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Dividends

Canacol Energy pays an annual dividend of $0.57 per share and has a dividend yield of 19.0%. Tenaz Energy pays an annual dividend of $2.75 per share and has a dividend yield of 106.8%. Canacol Energy pays out 26.6% of its earnings in the form of a dividend. Tenaz Energy pays out 28.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Analyst Recommendations

This is a summary of recent recommendations for Canacol Energy and Tenaz Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canacol Energy	0	1	2	0	2.67
Tenaz Energy	0	0	1	0	3.00

Earnings and Valuation

This table compares Canacol Energy and Tenaz Energy’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canacol Energy	N/A	N/A	N/A	$2.14	1.40
Tenaz Energy	N/A	N/A	N/A	$9.76	0.26

Tenaz Energy is trading at a lower price-to-earnings ratio than Canacol Energy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Canacol Energy and Tenaz Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canacol Energy	N/A	N/A	N/A
Tenaz Energy	N/A	N/A	N/A

About Canacol Energy

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.