Cairn Energy PLC Company Profile (LON:CNE)

About Cairn Energy PLC

Cairn Energy PLC logoCairn Energy PLC (Cairn) is a United Kingdom-based independent oil and gas exploration and development company. The Company's portfolio is focused in three geographical regions: 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 two United Kingdom North Sea developments, Catcher and Kraken, and a third development, Skarfjell. It has 34 licenses in the United Kingdom and Norway. Cairn holds a 40% interest in three contiguous blocks offshore Senegal. The Company's wholly owned principal subsidiary is Capricorn Oil Limited.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: LON
  • Symbol: CNE
  • CUSIP:
Key Metrics:
  • Previous Close: $2.54
  • 50 Day Moving Average: $194.35
  • 200 Day Moving Average: $193.20
  • Trailing P/E Ratio: N/A
  • P/E Growth: -1.01
  • Market Cap: $1.08B
  • Outstanding Shares: 572,716,000
Additional Links:

Analyst Ratings

Consensus Ratings for Cairn Energy PLC (LON:CNE) (?)
Ratings Breakdown: 15 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: GBX 210.78

Analysts' Ratings History for Cairn Energy PLC (LON:CNE)
Show:
DateFirmActionRatingPrice TargetDetails
8/22/2016Canaccord GenuityBoost Price TargetHoldGBX 220 -> GBX 230View Rating Details
8/18/2016Deutsche Bank AGBoost Price TargetHoldGBX 230 -> GBX 240View Rating Details
8/17/2016Credit Suisse Group AGReiterated RatingNeutralGBX 215View Rating Details
8/17/2016Barclays PLCReiterated RatingOverweightGBX 280View Rating Details
8/17/2016JPMorgan Chase & Co.Boost Price TargetOverweightGBX 227 -> GBX 235View Rating Details
8/16/2016Numis Securities LtdReiterated RatingAddGBX 210View Rating Details
8/2/2016Mirabaud SecuritiesReiterated RatingBuyGBX 240View Rating Details
7/28/2016Royal Bank Of CanadaUpgradeOutperformGBX 260View Rating Details
6/29/2016Liberum CapitalBoost Price TargetHoldGBX 175 -> GBX 209View Rating Details
6/28/2016Goldman Sachs Group Inc.Boost Price TargetNeutralGBX 191.50 -> GBX 203.90View Rating Details
4/14/2016Jefferies GroupReiterated RatingBuyGBX 230View Rating Details
4/12/2016BMO Capital MarketsReiterated RatingMarket PerformGBX 175View Rating Details
3/16/2016Citigroup Inc.Reiterated RatingNeutralView Rating Details
3/10/2016BNP ParibasReiterated RatingOutperformGBX 201View Rating Details
3/3/2016Davy ResearchReiterated RatingNeutralView Rating Details
2/23/2016FirstEnergy CapitalReiterated RatingMarket PerformGBX 160View Rating Details
2/4/2016AlphaValueReiterated RatingAddGBX 153View Rating Details
2/3/2016Sanford C. BernsteinReiterated RatingMarket PerformGBX 203View Rating Details
1/20/2016Tudor PickeringReiterated RatingAccumulateGBX 240View Rating Details
1/8/2016InvestecUpgradeHoldGBX 130 -> GBX 140View Rating Details
10/8/2015Morgan StanleyBoost Price TargetEqual WeightGBX 175 -> GBX 180View Rating Details
8/18/2015Societe GeneraleReiterated RatingHoldGBX 180View Rating Details
4/15/2015MacquarieLower Price TargetOutperformGBX 253 -> GBX 206View Rating Details
1/28/2015HSBCReiterated RatingOverweightGBX 370View Rating Details
1/7/2015Oriel Securities LtdDowngradeHoldGBX 172View Rating Details
11/11/2014Beaufort SecuritiesReiterated RatingBuyView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Cairn Energy PLC (LON:CNE)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Cairn Energy PLC (LON:CNE)
Current Year EPS Consensus Estimate: $-0.13 EPS

Dividends

Dividend History for Cairn Energy PLC (LON:CNE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Cairn Energy PLC (LON:CNE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/6/2016Thomson,SimonInsiderBuy875GBX 206£1,802.50
3/22/2016Thomson,SimonInsiderSell108,803GBX 209£227,398.27
3/11/2015Simon ThomsonInsiderBuy50,000GBX 149.79£74,895
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Cairn Energy PLC (LON:CNE)
DateHeadline
proactiveinvestors.co.uk logoCairn Energy looks forward to new lower cost drilling offshore Senegal (LON:CNE)
www.proactiveinvestors.co.uk - August 17 at 10:41 AM
News IconNvidia claimed that the new mobile Pascal line has the same performance as its desktop counterparts (LON:CNE)
www.ad-hoc-news.de - August 16 at 4:23 PM
rttnews.com logoCairn Energy H1 Loss Narrows On Lower Expenses; Operating Loss Widens (LON:CNE)
www.rttnews.com - August 16 at 4:23 PM
marketwatch.com logoCairn Energy loss narrows sharply (LON:CNE)
www.marketwatch.com - August 16 at 4:23 PM
finance.yahoo.com logoEdited Transcript of CNE.L earnings conference call or presentation 16-Aug-16 8:00am GMT (LON:CNE)
finance.yahoo.com - August 16 at 4:23 PM
ft.com logo[$$] Old Mutual down on uncertainty about insurer's wealth division (LON:CNE)
www.ft.com - August 16 at 4:23 PM
marketwatch.com logoCairn Energy loss narrows sharply - MarketWatch (LON:CNE)
www.marketwatch.com - August 16 at 8:58 AM
uk.finance.yahoo.com logoWhich is the best resources stock after today’s results? (LON:CNE)
uk.finance.yahoo.com - August 16 at 8:58 AM
biz.yahoo.com logoHalf Year 2016 Cairn Energy PLC Earnings Release - 02:00 am ET (LON:CNE)
biz.yahoo.com - August 16 at 8:58 AM
proactiveinvestors.co.uk logoCairn Energy shares rise as UBS upgrade highlights catalysts (LON:CNE)
www.proactiveinvestors.co.uk - August 5 at 11:52 AM
ftsenews.co.uk logoMirabaud reiterated Cairn Energy PLC (LON:CNE) as 'Buy' With 240 PT - FTSE News (LON:CNE)
www.ftsenews.co.uk - August 3 at 4:23 PM
ftsenews.co.uk logoCairn Energy (LON:CNE) New Price Targets - FTSE News (LON:CNE)
www.ftsenews.co.uk - August 3 at 11:00 AM
breakingfinancenews.com logoMirabaud issued a report on (LON:CNE) Cairn Energy PLC, supporting its stock price target at 240GBX today (LON:CNE)
breakingfinancenews.com - August 2 at 4:26 PM
breakingfinancenews.com logoMirabaud issued a report on (LON:CNE) Cairn Energy PLC, supporting its stock price target at 240GBX today (LON:CNE)
breakingfinancenews.com - August 2 at 4:26 PM
breakingfinancenews.com logoCairn Energy (LON:CNE) target price raised to 260GBX, reported today by RBC Capital Markets (LON:CNE)
breakingfinancenews.com - July 28 at 12:45 PM
ftsenews.co.uk logoCairn Energy PLC (LON:CNE) Issued With 'Hold' Rating At Numis - FTSE News (LON:CNE)
www.ftsenews.co.uk - July 26 at 10:21 PM
reuters.com logoFTSE ends lower after 11-month highs as energy shares weigh - Reuters UK (LON:CNE)
uk.reuters.com - July 25 at 3:31 PM
News IconIsrael's Delek Bids for Cypriot Exploration Licenses Oil, Natgas With Cairn Energy - Jewish Business News (LON:CNE)
jewishbusinessnews.com - July 24 at 4:11 PM
uk.finance.yahoo.com logoIsrael's Delek applied to explore oil, natgas off Cyprus with Cairn Energy (LON:CNE)
uk.finance.yahoo.com - July 24 at 4:37 AM
money.aol.co.uk logoAre these 3 resources stocks on the cusp of stunning returns? - AOL Money UK (LON:CNE)
money.aol.co.uk - July 22 at 4:20 PM
ft.com logo[$$] Vedanta Resources raises bid for Cairn India (LON:CNE)
ad.doubleclick.net - July 22 at 1:41 PM
fool.co.uk logoAre these 3 resources stocks on the cusp of stunning returns? - Motley Fool UK (LON:CNE)
www.fool.co.uk - July 22 at 11:45 AM
reuters.com logoVedanta sweetens Cairn India deal terms after takeover delayed - Reuters (LON:CNE)
www.reuters.com - July 22 at 11:45 AM
reuters.com logoHSBC reviewing 2013 forex probe after trader's arrest - source - Reuters India (LON:CNE)
in.reuters.com - July 21 at 4:24 PM
ft.com logo[$$] HSBC's US woes continue with forex trader arrest (LON:CNE)
ad.doubleclick.net - July 21 at 2:49 PM
uk.finance.yahoo.com logoHSBC reviewing 2013 forex probe after trader's arrest -source (LON:CNE)
uk.finance.yahoo.com - July 21 at 2:04 PM
4-traders.com logoEnQuest : in talks to release 20% of the Kraken (LON:CNE)
www.4-traders.com - July 20 at 11:39 PM
ft.com logo[$$] Coca-Cola HBC up on potential to buy African bottling company (LON:CNE)
ad.doubleclick.net - July 19 at 5:25 PM
fiscalstandard.com logoNew Analyst Ratings For Cairn Energy (LON:CNE) - Fiscal Standard (LON:CNE)
www.fiscalstandard.com - July 18 at 4:30 PM
ft.com logo[$$] EnQuest plans stake sale in North Sea field (LON:CNE)
ad.doubleclick.net - July 18 at 12:47 PM
proactiveinvestors.co.uk logoEnQuest in talks to release 20% of the Kraken (LON:CNE)
www.proactiveinvestors.co.uk - July 18 at 9:19 AM
breakingfinancenews.com logoCairn Energy PLC (LON:CNE) price target upped to 260GBX as issued in a report today by Barclays Capital (LON:CNE)
breakingfinancenews.com - July 17 at 4:05 PM
ftsenews.co.uk logoBarclays Capital upgraded Cairn Energy PLC (LON:CNE) to 'Overweight' With 275 PT - FTSE News (LON:CNE)
www.ftsenews.co.uk - July 17 at 8:55 AM
breakingfinancenews.com logoCairn Energy PLC (LON:CNE) stock price target maintained at 230GBX as issued in a report today by Deutsche Bank - Breaking Finance News (LON:CNE)
breakingfinancenews.com - July 16 at 6:58 AM
breakingfinancenews.com logoCairn Energy PLC (LON:CNE) stock price target maintained at 230GBX as issued in a report today by Deutsche Bank (LON:CNE)
breakingfinancenews.com - July 15 at 8:22 PM
iii.co.uk logoThe Oil Man: BP, Cairn/Far, Faroe - Interactive Investor (LON:CNE)
www.iii.co.uk - July 15 at 11:00 AM
ftsenews.co.uk logoCairn Energy PLC (LON:CNE) Receives 'Equal Weight' Rating From Brokers At Barclays Capital - FTSE News (LON:CNE)
www.ftsenews.co.uk - July 14 at 4:30 PM
nasdaq.com logoWoodside to Buy ConocoPhillips' Senegal Oil Assets for Up to US$430 Million (LON:CNE)
www.nasdaq.com - July 14 at 9:13 AM
iii.co.uk logoThe Oil Man: BP, Cairn, Trinity, Sirius - Interactive Investor (LON:CNE)
www.iii.co.uk - July 13 at 9:40 PM
ft.com logo[$$] Cairn seeks $1bn in New Delhi tax wrangle (LON:CNE)
ad.doubleclick.net - July 12 at 12:25 PM
News IconWere Analysts Bearish Cairn Energy PLC (LON:CNE) This Week? - Press Telegraph (LON:CNE)
presstelegraph.com - July 8 at 4:19 PM
ftsenews.co.uk logoCairn Energy (LON:CNE) Analyst Target Prices - FTSE News (LON:CNE)
www.ftsenews.co.uk - July 4 at 9:09 AM
breakingfinancenews.com logoCairn Energy PLC (LON:CNE) target price bumped up to GBX204 as announced today by Goldman Sachs - Breaking Finance News (LON:CNE)
breakingfinancenews.com - June 28 at 9:24 PM
breakingfinancenews.com logoCairn Energy PLC (LON:CNE) target price bumped up to GBX204 as announced today by Goldman Sachs (LON:CNE)
breakingfinancenews.com - June 28 at 4:17 PM
uk.finance.yahoo.com logoNorway's wealth fund axes Cairn and Kosmos over Western Sahara business (LON:CNE)
uk.finance.yahoo.com - June 28 at 7:15 AM
ft.com logo[$$] Norway oil fund drops investment in Cairn and Kosmos (LON:CNE)
www.ft.com - June 28 at 7:10 AM
News IconHow Analysts Feel About Cairn Energy PLC (LON:CNE)? - Press Telegraph (LON:CNE)
presstelegraph.com - June 25 at 8:11 AM
fiscalstandard.com logoCairn Energy (LON:CNE) Broker Roundup - Fiscal Standard (LON:CNE)
www.fiscalstandard.com - June 20 at 10:36 AM
proactiveinvestors.co.uk logoBrokers: Time for pause for breath at Cairn, RBC says (LON:CNE)
www.proactiveinvestors.co.uk - June 6 at 4:09 PM
News IconCairn Energy PLC (CNE) Lowered to Sector Performer at RBC Capital - Let Me Know About This (LON:CNE)
www.lmkat.com - June 6 at 7:37 AM

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Last Updated on 8/25/2016 by MarketBeat.com Staff