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Cairn Energy PLC

CNE.L

Latest Trade

193.20GBp

Change

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Today's Range

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52 Week Range

138.00

 - 

226.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
193.20
Open
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Volume
--
3M AVG Volume
32.10
Today's High
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Today's Low
--
52 Week High
226.40
52 Week Low
138.00
Shares Out (MIL)
589.55
Market Cap (MIL)
1,120.37
Forward P/E
21.56
Dividend (Yield %)
--

Next Event

Cairn Energy PLC Operational Update

Latest Developments

More

Kames Capital Discloses 3.92% Stake In Cairn Energy As Of Sept 24 Vs Prior Stake Of 4.98% - Filing

Cairn Energy Sees Full-Year Oil Production Guidance Of 21,000 - 23,000 Bopd From 19,000-22,000 Bopd

Cairn Energy Enters Agreement For Sale Of 10% Interest In Nova Development Offshore Norway

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About Cairn Energy PLC

Cairn Energy PLC (Cairn) is a United Kingdom-based independent oil and gas exploration and development company. The Company's portfolio is focused on approximately three geographical regions, such as North West Europe, the Atlantic Margin and the Mediterranean. Cairn has exploration and appraisal assets in the Atlantic Margin, North West Europe and the Mediterranean, and core development assets in the North Sea. The Company has interests in over two the United Kingdom North Sea developments, Catcher and Kraken, and a third development, Skarfjell. Cairn holds approximately 40% interest in over three contiguous blocks offshore Senegal. The Company's subsidiaries include Capricorn Oil Limited, Cairn UK Holdings Limited, Capricorn Spain Limited, Capricorn Malta Limited, Capricorn Greenland Exploration A/S, Capricorn Exploration and Development Company Limited, Capricorn Mauritania Limited, Capricorn Senegal Limited and Capricorn Ireland Limited.

Industry

Oil & Gas Operations

Contact Info

50 Lothian Road

+44.131.4753000

https://www.cairnenergy.com/

Executive Leadership

Ian Paul Tyler

Independent Non-Executive Chairman of the Board

Simon John Thomson

Chief Executive, Executive Director

James Smith

Chief Financial Officer, Executive Director

Duncan Wood

Company Secretary

Nicoletta Giadrossi-Morel

Independent Non-Executive Director

Key Stats

1.95 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.0K

2017

0.0K

2018

0.4K

2019(E)

0.5K
EPS (USD)

2016

-0.170

2017

-0.050

2018

0.170

2019(E)

0.113
Price To Earnings (TTM)
--
Price To Sales (TTM)
2.84
Price To Book (MRQ)
0.99
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
27.40
LT Debt To Equity (MRQ)
21.48
Return on Investment (TTM)
-25.79
Return on Equity (TTM)
-23.16

Latest News

Latest News

UPDATE 1-U.S. court upholds ex-HSBC executive's conviction for foreign-exchange scheme

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.

U.S. court upholds ex-HSBC executive's conviction for foreign-exchange scheme

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.

Ireland's Cairn Homes to pay out dividend, start buyback

Ireland's largest publicly listed housebuilder Cairn Homes on Thursday announced plans to buy back shares and issue a dividend for the first time, saying Brexit was having no impact on the market for homes for first-time buyers.

CORRECTED-Sri Lanka to start oil production in 2023; Total, Equinor to study potential

Sri Lanka has enlisted French major Total and Norway's Equinor to study the hydrocarbon potential of two blocks, saying it aims to start oil production in the island nation in 2023.

EnQuest shares slump to three-year low after partner downgrades Kraken oilfield reserves

British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth.

Cairn, Woodside award first contracts for Senegal oil project

* Woodside and Cairn Energy awarded front-end engineering contracts for Senegal's first oil project, a key step before a final investment decision expected in mid-2019, Woodside said on Monday.

Vedanta seeks U.S. oil services consortium for new India blocks

India's Vedanta Resources <VDNRF.PK> wants U.S. oilfield services companies to set up consortia to help develop the 41 blocks in India acquired this year by its Cairn Oil & Gas unit, the company's chairman said on Thursday.

Norway wealth fund ends exclusion of investment in Cairn, Kosmos

Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc <CNE.L> and Kosmos Energy Ltd <KOS.N> from its portfolio of investments, the Norwegian central bank said on Tuesday.

REFILE-Norway wealth fund ends its exclusion of Cairn, Kosmos

Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc and Kosmos Energy Ltd from its portfolio of investments, the Norwegian central bank said on Tuesday.

Cairn says Indian tax office sold $216 million of Vedanta shares

Cairn Energy <CNE.L> said on Monday it would write down the value of its investment in Vedanta Ltd <VDAN.NS> after Indian tax authorities sold $216 million (162.20 million pounds) worth of its shares in the Indian mining company in a dispute over retrospective tax dues.

Cairn says Indian tax office sells $216m of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company.

Cairn buys into Seacrest-backed British North Sea oilfield

Cairn Energy <CNE.L> has bought a 50 percent stake in the Agar-Plantain oilfields in the British North Sea from Azinor Catalyst, the companies said on Thursday, amid renewed interest in North Sea assets.

Cairn buys into Seacrest-backed British North Sea oilfield

Cairn Energy has bought a 50 percent stake in the Agar-Plantain oilfields in the British North Sea from Azinor Catalyst, the companies said on Thursday.

Germany's Wintershall to submit Nova field development plan in H1 2018

BASF's oil and gas subsidiary Wintershall, which plans to merge with Russian-owned German peer DEA, said on Wednesday:

BP seeks stake in Cairn Energy Senegal assets: sources

Oil exploration company Cairn Energy <CNE.L> is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said.

BP seeks stake in Cairn Energy Senegal assets - ministry adviser

BP is seeking to acquire a stake in Cairn Energy's offshore Senegal oil assets and is awaiting approval by the state, which is expected soon, an adviser to Senegal's energy minister said on Monday.

Ex-HSBC currency trader to be extradited from UK to face U.S. fraud charge

Former senior HSBC currency trader Stuart Scott will be extradited to the United States to face charges that he defrauded Cairn Energy Plc <CNE.L> in a $3.5 billion(£2.66 billion) currency trade in 2011, a London court ruled on Thursday.

U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade

A U.S. jury on Monday found a former HSBC Holdings Plc<HSBA.L> executive guilty of defrauding Cairn Energy Plc <CNE.L> in a $3.5 billion currency trade in 2011.

Ex-HSBC executive found guilty of fraud in $3.5 bln currency trade

A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

UPDATE 1-Cairn Oil and Gas to invest $4.6 bln in new exploration

* Acting CEO says Cairn keen to partner Indian state firms (Adds detail, quotes, context)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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