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LON:CNE

Capricorn Energy - CNE Share Forecast, Price & News

GBX 236
+7.40 (+3.24%)
(As of 03/22/2023 12:00 AM ET)
Add
Compare
Today's Range
228.40
▼
236.20
50-Day Range
228.60
▼
253.40
52-Week Range
191.37
▼
263.20
Volume
3.26 million shs
Average Volume
1.20 million shs
Market Capitalization
£743.57 million
P/E Ratio
175.37
Dividend Yield
N/A
Price Target
GBX 265

CNE stock logo

About Capricorn Energy (LON:CNE) Stock

Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021. Capricorn Energy PLC was founded in 1980 and is headquartered in Edinburgh, the United Kingdom.

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CNE Stock News Headlines

February 16, 2023 | msn.com
New Capricorn board scraps NewMed merger after shareholder revolt
February 15, 2023 | msn.com
Capricorn scraps NewMed merger after shareholder revolt
March 22, 2023 | Behind the Markets (Ad)
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February 3, 2023 | msn.com
Capricorn Energy CFO Smith to stay on temporarily after board exit
February 2, 2023 | msn.com
Capricorn to review business after shareholders back new directors
February 1, 2023 | msn.com
Capricorn shareholders vote in favour of activist's board nominees-spokesperson
January 26, 2023 | ft.com
Capricorn Energy directors quit en masse in victory for activist
January 25, 2023 | msn.com
Capricorn CEO quits board, NewMed merger in balance after shareholder battle
March 22, 2023 | Investing Daily (Ad)
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January 24, 2023 | benzinga.com
Irenic Capital Announces Intent to Vote AGAINST Capricorn's Proposed NewMed Merger and FOR All of Palliser's Proposals at Upcoming General Meetings
January 24, 2023 | msn.com
UK's Capricorn Energy says chair, CEO step down from board
January 23, 2023 | finance.yahoo.com
Glass Lewis Unanimously Recommends Capricorn Shareholders Vote AGAINST Proposed Merger with NewMed and FOR All Board Change Proposals
January 19, 2023 | msn.com
Shareholder proxy ISS recommends vote to overhaul Capricorn board, including CEO
January 15, 2023 | msn.com
NewMed pushing forward with Capricorn merger ahead of Feb. 1 vote
January 10, 2023 | technews.tmcnet.com
Irenic Capital Addresses Capricorn Energy's Shareholder Update and Reiterates Opposition to Proposed NewMed Transaction
January 9, 2023 | msn.com
Capricorn ready to add Palliser nominees to board
January 9, 2023 | finance.yahoo.com
Shareholders Representing 32% of Company Shares Send Letter to Capricorn Energy’s Board
January 5, 2023 | msn.com
UK's Capricorn Energy invites stakeholder Palliser to review NewMed deal
January 5, 2023 | proactiveinvestors.com
Capricorn Energy argues case for NewMed merger as it responds to activist’s alternative proposals
December 25, 2022 | ft.com
Activist investor demands shake-up at gas producer Capricorn Energy
December 22, 2022 | finanznachrichten.de
Palliser Capital: Palliser Receives Additional Letters of Intent from Capricorn Shareholders
December 21, 2022 | reuters.com
Three more Capricorn investors join call to change firm's board, Palliser says
December 21, 2022 | reuters.com
Capricorn stakeholder Palliser says more investors join call to overhaul board
December 21, 2022 | finance.yahoo.com
Palliser Receives Additional Letters of Intent from Capricorn Shareholders
December 20, 2022 | msn.com
Investor L&G says change of Capricorn directors 'warranted'
December 19, 2022 | businesswire.com
Irenic Announces Support for Palliser’s Efforts to Requisition a General Meeting and Reconstitute the Board of Directors of Capricorn Energy
December 19, 2022 | reuters.com
Exclusive: Capricorn shareholder Palliser calls for board overhaul meeting, documents show
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
LON
Industry
Independent Oil & Gas
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
LON:CNE
CUSIP
N/A
CIK
N/A
Web
www.cairnenergy.com
Phone
+44-131-4753000
Fax
N/A
Employees
191
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 265
High Stock Price Forecast
GBX 295
Low Stock Price Forecast
GBX 250
Forecasted Upside/Downside
+12.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 1.34
Trailing P/E Ratio
175.67
Forward P/E Ratio
2,354.00
P/E Growth
-1.92
Net Income
£883.40 million
Net Margins
537.16%
Pretax Margin
N/A
Return on Equity
83.67%
Return on Assets
-6.14%

Debt

Debt-to-Equity Ratio
13.45
Current Ratio
6.39
Quick Ratio
6.29

Sales & Book Value

Annual Sales
£194 million
Price / Sales
3.82
Cash Flow
GBX 218.16 per share
Price / Cash Flow
1.08
Book Value
GBX 322 per share
Price / Book
0.73

Miscellaneous

Outstanding Shares
315,070,000
Free Float
N/A
Market Cap
£741.67 million
Optionable
Not Optionable
Beta
1.27

Key Executives

  • Mr. Simon John Thomson (Age 57)
    CEO & Exec. Director
    Comp: $1.17M
  • Mr. James Donald Smith (Age 45)
    CFO & Exec. Director
    Comp: $772.16k
  • Mr. Paul Joseph Mayland
    Chief Operating Officer
  • Mr. David Nisbet
    Head of Group Corp. Affairs
  • Dr. Eric Hathon
    Director of Exploration
  • Ms. Anne McSherry
    Group Company Sec.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













CNE Stock - Frequently Asked Questions

Should I buy or sell Capricorn Energy stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capricorn Energy in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNE, but not buy additional shares or sell existing shares.
View CNE analyst ratings or view top-rated stocks.

What is Capricorn Energy's stock price forecast for 2023?

4 Wall Street research analysts have issued 1 year price targets for Capricorn Energy's stock. Their CNE share price forecasts range from GBX 250 to GBX 295. On average, they predict the company's share price to reach GBX 265 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
View analysts price targets for CNE or view top-rated stocks among Wall Street analysts.

How have CNE shares performed in 2023?

Capricorn Energy's stock was trading at GBX 261.80 at the start of the year. Since then, CNE stock has decreased by 10.1% and is now trading at GBX 235.40.
View the best growth stocks for 2023 here.

What other stocks do shareholders of Capricorn Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Capricorn Energy investors own include Premier Oil (PMO), Rio Tinto Group (RIO), Barclays (BARC), EnQuest (ENQ), Aviva (AV), Glencore (GLEN), Lloyds Banking Group (LLOY), American Airlines Group (AAL), Bowleven (BLVN) and BP (BP).

What is Capricorn Energy's stock symbol?

Capricorn Energy trades on the London Stock Exchange (LON) under the ticker symbol "CNE."

How do I buy shares of Capricorn Energy?

Shares of CNE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What is Capricorn Energy's stock price today?

One share of CNE stock can currently be purchased for approximately GBX 235.40.

How much money does Capricorn Energy make?

Capricorn Energy (LON:CNE) has a market capitalization of £741.67 million and generates £194 million in revenue each year. The oil and gas development company earns £883.40 million in net income (profit) each year or GBX 1.34 on an earnings per share basis.

How many employees does Capricorn Energy have?

The company employs 191 workers across the globe.

How can I contact Capricorn Energy?

Capricorn Energy's mailing address is 50 Lothian Road, EDINBURGH, TX EH3 9BY, United Kingdom. The official website for the company is www.cairnenergy.com. The oil and gas development company can be reached via phone at +44-131-4753000.

This page (LON:CNE) was last updated on 3/22/2023 by MarketBeat.com Staff