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Cairn Energy

Current Price 176.60p Bid 176.50p Ask 176.70p Change 0.63%
Last Updated: 14/11/2019 16:37. Prices delayed by at least 15 minutes.
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Company Overview

Cairn Energy plc is one of Europe's leading independent oil and gas exploration and development companies and is listed on the London Stock Exchange. Cairn has discovered and developed oil and gas reserves in a variety of locations around the world. Cairn's business operations are now focused on frontier exploration acreage in North West Europe, North West Africa and the North Atlantic, underpinned by interests in development assets in the North Sea. Cairn has its headquarters in Edinburgh, Scotland supported by operational offices in London, Norway, Senegal and Mexico.

Financial Highlights Year Ended 31/12/2018

Turnover
£410.30m
Operating Profit
£-182.10m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.90

Key Personnel

Simon John Thomson
Chief Executive Officer
James Donald Smith
Finance Director
Ian Paul Tyler
Non-Executive Chairman
Keith Geddes Lough
Non-Executive Director
Alison Jane Wood
Non-Executive Director
Catherine Lee Krajicek
Non-Executive Director
Peter Stephen Kallos
Non-Executive Director
Todd Mclean Hunt
Non-Executive Director
Nicoletta Carla Maria Giadrossi
Non-Executive Director

Stock Details

EPIC
CNE
ISIN
GB00B74CDH82
Shares in Issue
589,552,585
Market cap
£1,034.67m

Analyst Views (6)

Strong Buy
 
66.67%
Buy
 
0.00%
Hold
 
33.33%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
176.60p
Bid Price
176.50p
Ask Price
176.70p
Volume
596609
Change Today
1.10p
% Change Today
0.63%
Open
178.90p
Previous Close
175.50p
Intraday High
178.90p
Intraday Low
175.20p
52 Week High
216.80p
52 Week Low
138.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Cairn Energy Intra-day Chart

Cairn Energy News

News in this section is provided by AJ Bell

Broker Forecast - RBC Capital Markets issues a broker note on Cairn Energy PLC 31 Oct 2019 | 11:50 Broker Forecast - JP Morgan Cazenove issues a broker note on Cairn Energy PLC 29 Oct 2019 | 12:10 FTSE firms as S&P 500 hits record high 28 Oct 2019 | 16:44 FTSE lower as election deadlock drags on 28 Oct 2019 | 11:56 UK stocks open 0.4% lower as HSBC disappoints 28 Oct 2019 | 08:27 Cairn Energy exploration well offshore Mexico comes up dry 28 Oct 2019 | 07:40 Cairn Energy expects arbitration award in summer 2020 28 Oct 2019 | 07:16 Cairn Energy to plug Chimera as well comes up dry 17 Oct 2019 | 09:05 Broker Forecast - Barclays Capital issues a broker note on Cairn Energy PLC 10 Oct 2019 | 09:00 Broker Forecast - Barclays Capital issues a broker note on Cairn Energy PLC 13 Sep 2019 | 10:20 Broker Forecast - JP Morgan Cazenove issues a broker note on Cairn Energy PLC 13 Sep 2019 | 08:00 FTSE turns up on positive momentum in Bank stocks 10 Sep 2019 | 16:59 FTSE propped up by Banks as overseas earners lag 10 Sep 2019 | 12:34 Cairn Energy swings to profit as revenue soars; lifts output guidance 10 Sep 2019 | 08:40 Broker Forecast - Morgan Stanley issues a broker note on Cairn Energy PLC 06 Sep 2019 | 09:50 Broker Forecast - RBC Capital Markets issues a broker note on Cairn Energy PLC 16 Aug 2019 | 09:30 Cairn sells 10% stake in Nova development to One-Dyas amid farm out agreement 06 Aug 2019 | 07:41 Cairn Energy exploration well offshore Norway comes up dry 05 Aug 2019 | 13:10 Broker Forecast - RBC Capital Markets issues a broker note on Cairn Energy PLC 18 Jul 2019 | 08:40 Broker Forecast - HSBC issues a broker note on Cairn Energy PLC 28 May 2019 | 11:50 Cairn Energy maintains output guidance, touts 'very busy' 2019 drilling programme 17 May 2019 | 08:02 Broker Forecast - JP Morgan Cazenove issues a broker note on Cairn Energy PLC 02 May 2019 | 14:50 Director Deals - Cairn Energy PLC (CNE) 10 Apr 2019 | 10:40 Director Deals - Cairn Energy PLC (CNE) 10 Apr 2019 | 10:40 Director Deals - Cairn Energy PLC (CNE) 04 Apr 2019 | 11:15 Director Deals - Cairn Energy PLC (CNE) 04 Apr 2019 | 11:15 Director Deals - Cairn Energy PLC (CNE) 04 Apr 2019 | 11:15 Director Deals - Cairn Energy PLC (CNE) 04 Apr 2019 | 11:15 Broker Forecast - RBC Capital Markets issues a broker note on Cairn Energy PLC 15 Mar 2019 | 09:10 Broker Forecast - Jefferies International issues a broker note on Cairn Energy PLC 15 Mar 2019 | 08:20

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Tangible Assets
1,022.9
1,206.5
Intangible Assets & Goodwill
720.9
619.4
Investments & Other Non-Current Assets
15.6
1,211.2
Total Non-Current Assets
1,759.4
3,037.1
Inventory
8.2
10.4
Trade & Receivables
91.2
83.1
Cash & Receivables
66.3
86.5
Other Current Assets & Assets Held for Resale
76.4
38.4
Total Assets
2,001.5
3,255.5

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Short Term Liabilities
172.6
257.6
Long Term Liabilities
438.8
503.4
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
611.4
761.0

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Net Assets
1,390.1
2,494.5

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Share Capital
12.6
12.5
Minority Interests
0.0
0.0
Retained Earnings
760.2
1,658.5
Share Premium Account
489.7
488.0
Other Equity
127.6
335.5
Total Equity
1,390.1
2,494.5

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Cashflow from Operating Activities
209.0
28.8
Cashflow Before Financing
-69.4
-268.4
Increase / Decrease in Cash
-20.8
-250.0

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Turnover
410.3
33.3
Cost of Sales
302.6
26.7
Gross Profit
107.7
6.6
Operating Profit
-182.1
-105.2
Pre-Tax Profit
-1,266.0
256.4
Profit / Loss for the Year
-1,135.5
263.1
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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