Cairn Energy PLC (LON:CNE) Share Price and News. Share. In these rules, we refer to ourselves as "we", "us", "our". re-post premium share chat posts on regular share chat. I don't think of the payout as a dividend, but as a capital return. Div per Share: n/a: Div Yield: 0: Div Cover: n/a: EPS-$0.56: EPS Growth (%) n/a: PEG: n/a: DPS Growth (%) 0: ROCE-0.1974: Quick Ratio: 1.10847: Current Ratio: 1.394272: Cairn Energy PLC Director Deals. The market got excessively excited by the Uganda transaction, and then remember they've got $3bn of debt, of which, they've only managed to pay down $1.3bn (excluding the RI) of the $5bn they owed, when their fields were younger, and the OP, their production and their reserves higher. Please note some users may not behave properly and may post content that is misleading, untrue or offensive. Cairn is an innovative and entrepreneurial company and our people are at the heart of our success. Cairn Energy (LON: CNE) shares have been buoyant, but so was the Sirius Minerals (LON: SXX) share price right until the trouble hit. Perhaps people look too much on the downside and not at it's assets and lack of debt. Cairn Energy wins tax dispute with Indian govt, shares surge Sharecast News 23 Dec Cairn Energy to return $250m to shareholders following Senagal exit Sharecast News If Mexico proves to be a complete dud I'd be surprised if we see any significant drop in the SP, it's just a gamble and the market knows it. Your account nickname must not be the same, or contain, listed company names or board members' names. Their forecasts range from GBX 85 to GBX 259. Cairn Energy plc have announced a Share Consolidation & Special Dividend. Cairn Energy awarded £900k after prevailing in long-running India tax row Energy Voice 07:27 23-Dec-20 Cairn Energy wins arbitration against India for retrospective tax dispute of Rs 10,247 crore The Statesman 07:24 23-Dec-20 If they win the case against India the share price will shoot up on the news, if India actually pays up it will fly! The Share Consolidation will reduce the number of ordinary shares in Cairn which shareholders own, but not the proportion (subject to allowance for fractional entitlements). LSE - LSE Delayed price. It’s the price you are being offered. This is a visual representation of the price action in the market, over a certain period of time. Your email and password must only be used by you. So, I hope/expect the transaction to go ahead, and I think the market expects the transaction to go ahead (perhaps not fully priced in), possibly with a few months delay. Click here to register. You agree that we have the right to suspend your account without notice. At the end of the year, assuming the transaction goes ahead, Cairn will have $600m in cash pre-capital return, or $350m post capital return. INVESTORS in Cairn Energy were toasting an early Christmas gift last night after the company was awarded $1.4 billion with victory in its long-running tax dispute with India, sending its share price soaring more than 20 per cent and opening the door to potential hefty pay-outs for shareholders. Chat About CNE Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Folk need to also consider that the share price prior to the announcement was factoring in the possibility of a win - The company's cash resource were known (suitably adjusted for SNE) and Kraken and Catcher are increasingly mature with predictable cash flows at the prevailing POO. Large-cap shares like this are important because they are held in the investment funds and pension portfolios of millions of savers. I look at India as option money, only a small chance of amounting to something, but it's free upside. If a post is made under your account, it will be considered that it was posted by yourself. Oil and gas exploration group Cairn Energy operates in Bangladesh and Nepal. CNE gets a bit of stick from the posters on this thread, but the share price is holding it's own well. I don't know. Cairn Energy PLC Market & Company News. Results, reports and presentations View our latest updates and find out how we're performing 32p special dividend confirmed. Date Director Deal type Number of shares dealt Price Value of trade; More Cairn Energy PLC Director Deals > Cairn Energy PLC News. publish content that is not your original work, or infringes the copyright or other rights of any third party. View the current price trend and analyse the historical price charts. post any confidential or price sensitive information or that is not public knowledge. Shares in Cairn Energy rose 5.2% to 133.5 pence by 0723 GMT. The share price is pricing in (increasingly) good news from the arbitration - the cash flow impact of the oil price due to the vaccine isn't the cause of the share price rise. post non-constructive, meaningless, one word (or short) non-sense posts. The CNE share price is all about the poo, production from Catcher/Kracken, the prospect of 40,000 bpd from Senegal and the hope that they win the court case with India. You agree that we have the right to remove any post without notice. 05/12/2020 13:54:43 1-888-992-3836 Free Membership Login Offer 210.20p: The price at which you can sell a share or investment. The price at which you can buy a share or investment. Latest Share Price and Events. Here to be shot down. So, nearly 50% of Cairn's market value will be cash. post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. JUST LOOK AT THE FIGURES.All IMHO. The median estimate represents a -12.78% decrease from the last price of 209.60. Such posts are deemed as market abuse, and may be reported to the appropriate authorities. To help underpin my holding I've placed a small short on Brent but I'm reasonably confident that I'll be able to exit my position for a decent return at some point in the next few months. Ignoring interest and costs the award is £900m. post any affiliate or referral links, or post anything asking for a referral. Share Prices. Possibly?? That's 45p a share in cash. John Wood Group, the oil services business, finished the day at the top of the blue chip risers, with its share … As for Tullow's equity, they're option money on a higher oil price. Settings. How has Cairn Energy's share price performed over time and what events caused price changes? Cairn Energy Dividends: Cairn Energy does not currently pay dividends Stable Share Price: CNE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week. Cairn Energy (CNE) share price, charts, trades & the UK's most popular … View the latest Cairn Energy (CNE) share price and news, including recent trades, historical charts, broker views and our views. hsfinch i) The JOA will not allow Woodside to block without good reason. Currency in GBp. 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. On average, they anticipate Cairn Energy PLC (CNE.L)'s share price to reach GBX 165.11 in the next twelve months. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. email address or phone number). Cairn Energy Share Chat London South East 03/07/2020 Carlyle, Cairn Energy-backed group among bidders for Shell’s Egypt assets-sources Interval 1D. You will only have one login account. And this is also the reason the market has not significantly marked up the shares - the market actually thought SNE was worth more. Free forex prices, toplists, indices and lots more. Cairn Energy is one of just 200 shares on the London Stock Exchange that have market valuations in excess of £1.0 billion. Line. Chat About CNE Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Share price and tools. Thing is, there's not much more to Cairn than those assets and the SNE transaction, other than India. Don't have an account? London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. Cairn Energy (CNE) stock price, charts, trades & the US's most popular discussion forums. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. By Scott Wright - Deputy Business Editor The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. 9 Wall Street analysts have issued 12-month price targets for Cairn Energy PLC (CNE.L)'s stock. Events . I'm with Dunderheed. So, I'm currently looking at my Cairn shares as being 93p equity and 32p Capital return. My spreadsheet says that Kraken and Catcher will, with $50 oil (bearing in mind that Cairn are partially hedged for 2021 See Edit), generate nearly all that cash (tax free) over the course of 2021 & 2022. Combined the 2 figures total £1.87 and the current share price is £2.10. Edit: Having looked at the accounts/presentatio. This is a visual representation of the price action in the market, over a certain period of time. Latest Cairn Energy PLC (CNE:LSE) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. monthly and annualsubscriptions available. Manage your personalised Watchlist.Set up an online Virtual Portfolio.Participate in Share Chat.See more trades and director dealings.Play the Fantasy Share Trading Game. post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment. Such posts cannot be verified as true and could be deemed to be misleading. Custom . post misleading or false statements regarding the share price and performance. Cairn Energy Share Chat. The user of the website is referred to as "you" and "your". Anyway, in theory (again, assuming the SNE transaction goes ahead), Cairn should be significantly less volatile going forward. Cairn Energy stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. So my simple maths says the award is worth £1.55 per share. You can subscribe here. See the latest Cairn Energy share price and client sentiment. It is usually higher than the bid (sell) price. Following the flotation of Cairn India Limited on 9 January 2007, the Group’s interests in India are now operated by Cairn India Limited. Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Cairn Energy Company Research - Stock Quote (CNE) Share Prices, Stock Quotes, Charts, News, Financials, and More - Digital Look Cairn Energy Company Research (CNE) - Company Overview, Charts, Announcements, Fundamentals, Forecasts, ShareCast News, Director Deals, Price Data, Broker Recs, Trades, Risk Data and more. Astonishing apparemtly 1 in 60 in Wales have covid now. Comparison. Https://www.heraldsc. All information is provided free of charge, 'as-is', and you use it at your own risk. Perhaps a factor that is holding the Cairn share price down is that they may book an accountancy loss on the sale thus writing down Cairn's book value? Cairn India Share Price, Cairn India Stock Price, Cairn India Ltd. Stock/Share prices, Cairn India Ltd. Live BSE/NSE, F&O Quote of Cairn India Ltd. with Historic price charts for NSE / BSE. Cairn Energy Daily Update: Cairn Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker. With our newsletters and social media channels. All just in my opinion tho... The share price will not fall read the RNS Following completion of this sale, Cairn will pay a special dividend of 32 pence per eligible ordinary share amounting to a return of approximately US$250m or GBP188m to shareholders and complete a consolidation of Cairn's ordinary share capital. The NHS IMHO in Wales and S/E England is likely to get overwhelmed in the next 3 weeks. Suet. Admittedly, the best will be over for Kraken and Catcher by the end of the period, but, the proceeds of that production and the existing cash on the BS will roughly equal today's market value. restrict or inhibit any other user from using the boards. Cairn Energy PLC,CNE,ISIN: GB00B74CDH82 - view the latest price,charts and performance information at AJ Bell Youinvest Skip to main content Cairn Energy PLC (LSE:CNE) - Share price Any user found to have more than one account on this site will have all, and any future accounts suspended permanently. ... Oil and gas exploration group Cairn Energy operates in Bangladesh and Nepal. impersonate any person or entity, including any of our employees or representatives. Cairn Energy PLC (CNE.L) Add to watchlist. Cairn Energy PLC (CNE) 158.70p +3.70 (+2.39 %) 23 Nov 2020, 14:57. Cairn Energy has a primary listing on the London Stock Exchange and is a constituent of the FTSE 250 Index I had about 40p per share of value in the share price for India prior to this mornings announcement. I realise they're the same thing but I, personally, think of dividends as being reoccurring. post any personal details (e.g. It was the second major boost for shareholders in the Edinburgh-based oil and gas giant in less than a week, with investors also set to share a pay-out of around $250 million following the sale of its Senegal operation to Australia’s Woodside for $400m...... The special dividend is expected to be paid on 25 January 2021 to those on the register on 8 January 2021.The Share Consolidation will reduce the number of Cairn's issued ordinary shares by an amount that reflects the value of the Return of Cash to Shareholders relative to the market capitalisation of Cairn prior to the Return of Cash. To compare Cairn Mexico to what happened to Tullow Guyana makes no sense. At that level they are trading at 15.2% premium to the analyst consensus target price of 181.94. Do you know why they would have a problem? My thoughts on the chance of the offer succeeding are: Shares in Cairn Energy are currently priced at 209.6p. post or otherwise publish any content unrelated to the board or the board's topic. The distribution next month is £185 million and 32p per share. Registering with multiple accounts is not allowed. This suggests that the stock has a possible downside of 20.0%. Cairn Energy Plc engages in the exploration, development, and production of oil and gas properties. Cairn Energy Share Chat. London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates. ii) Woodside may not want to work with Lukoil but will not want to increase their stake significantly (too many eggs in the SNE basket), unless they really don't want to work with Lukoil and this is their last resort (they have the right of pre-emption). Draw. Cairn Energy is a FTSE 100 oil and gas exploration and production company, with two divisions, Cairn India and Capricorn. Cairn Energy PLC chart This market's chart. Suet, No, not short, although it might pay to be whilst the payment date/s is worked outCNE is one of the few quality co.s in this sector so will prob buy back in at a later stage if / when the share price driftsAimho. Analysts covering Cairn Energy currently have a consensus Earnings Per Share (EPS) forecast of -0.202 for the next financial year. Buyout firm Carlyle and a consortium backed by Cairn Energy are among the bidders for Royal Dutch Shell's onshore Egyptian oil and gas assets, two sources with knowledge of the matter told Reuters. Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. Invest with The Share Centre It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly. 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Free upside English translation of your post following the flotation of Cairn India Limited 9... Trades and Director dealings.Play the Fantasy share trading Game or other rights any... And the SNE transaction, other than India investment funds and pension portfolios of millions of.! My simple maths says the award is worth £1.55 per share ( EPS ) forecast of for! The exploration, development, and reserves the right to remove items at its discretion authorities. Entered being stored in a database can buy a share or investment future accounts suspended permanently gas...