OTCMKTS:CRNCY

Cairn Energy Stock Forecast, Price & News

$4.85

0.00 (0.00 %)

(As of 05/17/2021 12:00 AM ET)

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Today's Range

$4.85

▼

$4.85

50-Day Range

$4.41

▼

$4.94

52-Week Range

$3.05

▼

$6.87

VolumeN/A

Average Volume1,926 shs

Market Capitalization$1.21 billion

P/E Ratio21.09

Dividend Yield20.41%

Beta2.25

30 days | 90 days | 365 days | Advanced Chart

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About Cairn Energy

Cairn Energy PLC operates as an independent oil and gas exploration, development, and production company. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Mauritania, Cote d'Ivoire, Mexico, and Suriname. The company was founded in 1980 and is headquartered in Edinburgh, the United Kingdom.

Cairn Energy sues Air India over $1.2bn arbitration award
May 16, 2021 | ft.com

Cairn Energy identifies Indian assets worth $70 billion in bid to recover amount due from Centre
May 16, 2021 | msn.com

RPT-UPDATE 1-Cairn Energy sues Air India to enforce $1.2 bln arbitration award - court filing
May 15, 2021 | reuters.com

Cairn Energy tax dispute | Centre asks banks to appoint nodal officer, inform in case of any intimation from Cairn
May 12, 2021 | msn.com

Cairn Energy optimistic amid India's Dutch claim, portfolio revamp
May 11, 2021 | lse.co.uk

Cairn Energy PLC (OTCMKTS:CRNCY) Receives Average Recommendation of "Hold" from Brokerages
May 10, 2021 | americanbankingnews.com

Cairn Energy (OTCMKTS:CRNCY) Stock Price Up 0.5%
May 8, 2021 | americanbankingnews.com

Exclusive: India asks state banks to withdraw cash held abroad over Cairn dispute, sources say
May 6, 2021 | in.finance.yahoo.com

Cairn Energy tax dispute | Indian government asks banks to protect dollars: Report
May 5, 2021 | msn.com

Bid to forge ‘Global Britain’ can’t ignore Cairn’s India debt
April 16, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Private households

Sub-IndustryN/A

SectorOils/Energy

Current SymbolOTCMKTS:CRNCY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cairnenergy.com

Phone44-13-1475-3000

Employees178

Year FoundedN/A

Sales & Book Value

Annual Sales$533.40 million

Price / Sales2.27

Cash Flow$1.18 per share

Price / Cash Flow4.11

Book Value$4.94 per share

Price / Book0.98

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Debt

Debt-to-Equity Ratio0.18

Current Ratio1.39

Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio21.09

Forward P/E RatioN/A

P/E GrowthN/A

Miscellaneous

Outstanding Shares249,634,000

Market Cap$1.21 billion

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.21 out of 5 stars

Oils/Energy Sector

200th out of 662 stocks

Private Households Industry

78th out of 375 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Cairn Energy.

1.9 Community Rank

Outperform Votes
Cairn Energy has received 143 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cairn Energy has received 243 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cairn Energy has received 62.95% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cairn Energy and other stocks. Vote “Outperform” if you believe CRNCY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CRNCY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Cairn Energy is a leading dividend payer. It pays a dividend yield of 20.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cairn Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cairn Energy is 430.43%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Cairn Energy will have a dividend payout ratio of 707.14% in the coming year. This indicates that Cairn Energy may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cairn Energy insiders have not sold or bought any company stock.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Cairn Energy are expected to grow in the coming year, from ($0.12) to $0.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cairn Energy is 21.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cairn Energy is 21.09, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 22.96.
Price to Book Value per Share Ratio
Cairn Energy has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Cairn Energy (OTCMKTS:CRNCY) Frequently Asked Questions

Is Cairn Energy a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cairn Energy in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cairn Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRNCY, but not buy additional shares or sell existing shares.
View analyst ratings for Cairn Energy or view top-rated stocks.

What stocks does MarketBeat like better than Cairn Energy?

Wall Street analysts have given Cairn Energy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cairn Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Cairn Energy's stock been impacted by COVID-19?

Cairn Energy's stock was trading at $1.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CRNCY stock has increased by 158.0% and is now trading at $4.85.
View which stocks have been most impacted by COVID-19.

Is Cairn Energy a good dividend stock?

Cairn Energy pays an annual dividend of $0.99 per share and currently has a dividend yield of 20.41%. CRNCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Cairn Energy is 430.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Cairn Energy will have a dividend payout ratio of 707.14% in the coming year. This indicates that Cairn Energy may not be able to sustain their current dividend.
View Cairn Energy's dividend history.

Who are Cairn Energy's key executives?

Cairn Energy's management team includes the following people:

Mr. Simon John Thomson, CEO & Exec. Director (Age 56, Pay $1.76M)
Mr. James Donald Smith, CFO & Exec. Director (Age 44, Pay $1.17M)
Mr. Paul Joseph Mayland, Chief Operating Officer
Mr. David Nisbet, HeadÂ ofÂ GroupÂ Corp.Â Affairs
Dr. Eric Hathon, Director of Exploration
Anne McSherry, Group Company Sec.

Who are some of Cairn Energy's key competitors?

Some companies that are related to Cairn Energy include Shanghai Electric Group (SIELY), The Shizuoka Bank (SHZUY), The Chiba Bank (CHBAY), Glanbia (GLAPY), Mediaset Espana Comunicacion (GETVY), NSK (NPSKY), SES (SGBAF), Amada (AMDLY), POLA Orbis (PORBF), RPC Group (RPCGF), Pigeon (PGENY), SmartCentres Real Estate Investment Trust (CWYUF), Casio Computer Co.,Ltd. (CSIOY), THK (THKLY) and OC Oerlikon (OERLF).
View all of CRNCY's competitors.

What is Cairn Energy's stock symbol?

Cairn Energy trades on the OTCMKTS under the ticker symbol "CRNCY."

How do I buy shares of Cairn Energy?

Shares of CRNCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cairn Energy's stock price today?

One share of CRNCY stock can currently be purchased for approximately $4.85.

How much money does Cairn Energy make?

Cairn Energy has a market capitalization of $1.21 billion and generates $533.40 million in revenue each year. The energy company earns $93.60 million in net income (profit) each year or $0.23 on an earnings per share basis.

How many employees does Cairn Energy have?

Cairn Energy employs 178 workers across the globe.

What is Cairn Energy's official website?

The official website for Cairn Energy is www.cairnenergy.com.

Where are Cairn Energy's headquarters?

Cairn Energy is headquartered at 50 LOTHIAN ROAD, EDINBURGH X0, EH3 9BY.

How can I contact Cairn Energy?

Cairn Energy's mailing address is 50 LOTHIAN ROAD, EDINBURGH X0, EH3 9BY. The energy company can be reached via phone at 44-13-1475-3000.

This page was last updated on 5/18/2021 by MarketBeat.com Staff

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