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Share Name Share Symbol Market Type Share ISIN Share Description
Cairn Energy Plc LSE:CNE London Ordinary Share GB00B74CDH82 ORD 231/169P
  Price Change % Change Share Price Shares Traded Last Trade
  -4.60 -2.59% 173.10 1,304,559 16:35:09
Bid Price Offer Price High Price Low Price Open Price
172.20 173.60 174.60 170.70 173.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 321.74 -992.75 -153.37 -
Last Trade Time Trade Type Trade Size Trade Price Currency
17:50:51 O 18,965 173.10 GBX

Cairn Energy (CNE) Latest News (1)

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Cairn Energy (CNE) Discussions and Chat

Cairn Energy (CNE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:28:54173.1018,96532,828.42O
16:52:08174.2267,028116,776.85O
16:13:20173.1014,18824,559.43O
16:05:39173.092,2583,908.42O
16:03:59172.6912,34021,309.33O
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Cairn Energy (CNE) Top Chat Posts

DateSubject
15/7/2019
09:20
Cairn Energy Daily Update: Cairn Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker CNE. The last closing price for Cairn Energy was 177.70p.
Cairn Energy Plc has a 4 week average price of 143.60p and a 12 week average price of 142.70p.
The 1 year high share price is 253.80p while the 1 year low share price is currently 138p.
There are currently 589,514,291 shares in issue and the average daily traded volume is 2,128,092 shares. The market capitalisation of Cairn Energy Plc is £1,020,449,237.72.
02/7/2019
08:49
rogerlin: https://www.asx.com.au/asx/share-price-research/company/FAR There was a trading pause 19th June but seems to be trading now as you say royaloak.
19/6/2019
07:48
hsfinch: There's a lot of potential here. SNE, Indian arbitration, exploration drilling in Mexico, (subsidised) Norwegian exploration drilling, U.K. exploration drilling, Catcher and Kraken production, frontier exploration in Mauritania, Nicaragua and Côte d'Ivoire. Nothing's changed but the share price performance is woeful. Therefore I'd expect takeover action before the end of year.
10/6/2019
06:43
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
19/5/2019
18:57
rogerlin: https://uk.advfn.com/stock-market/london/cairn-energy-CNE/share-news/Cairn-Energy-PLC-AGM-Statement/79939463
14/2/2019
11:06
dunderheed: Share price reaction today a bit disappointing? Perhaps a bit of short term consolidation in place?
11/1/2019
08:02
ed 123: Share price was strong yesterday and looks like the same is coming today if the opening auction is a good guide. 41k Shares at 180.4p. The buy side of the order book is strong again this morning. Happy days for holders. I'm not sure what's caused the sudden change in sentiment here. Arbitration decision? Trading update? Corporate deal? Rising oil price? Who knows?
02/1/2019
10:22
dunderheed: Wtgr I think mkt has already priced in 'potential' funding issues? The Indian thing will be win by Cairn but they'll never get the money. Senegal funding could be a little problematic and that is what is causing the lull in share price. Mexico is why I am here.
17/12/2018
13:11
ed 123: Thanks, Frazboy and Dunderheed. Hello, Hoper2. Peel Hunt (260p) may yet revise down but, for the moment, they are in the company of UBS (280p). Jeffries have come down to 165p. I bought back in at around 160p, thinking that level priced in the negatives, and looked good when viewing the 5 year chart. History shows Cairn can quickly rise 20% or so when market sentiment shifts. I have no problem holding for a couple of years, if necessary, so should get first results of Mexico exploration in that time, plus what other progress they (hopefully) make. The shorts will have to buy back at some point, so any unexpected good news could see a good bounce in the share price. Further downside is of course possible - weak stockmarkets, economic slowdown coming in 2019. Brent oil price may slide towards $50? 2018 Has has witnessed strongly contrasting share performances between Cairn and Faroe (acknowledging takeover bid). Who would have thought in January 2018 we'd be looking at equal share prices (153p) in December? Maybe there's a good trade to sell Faroe and buy Cairn, looking for some movement back towards the norm? The above are just my rambling thoughts.
12/12/2018
07:48
ed 123: Hsfinch. I doubt it. Re: Senegal, they have spoken of possibly selling down by at least 50%. Needs the FAR situation resolving ideally. Obviously it would have been an easier deal with oil at $80 than $60, but the share price has fallen accordingly. The way of the small explorers is to sell on (parts of) discoveries to the bigger oil cos. No reason to think that Cairn will offer up its survival to a roll of the interest rate/oil price dice.
24/9/2018
13:37
ed 123: Hi Rogerlin. I've read that White Industries had to chase this payment for about 10 years but they did eventually receive a payout of A$9,812,077, which was the initial arbitration award plus fees plus interest. Cairn's claim is far bigger than this, so if Cairn does win, (imo) it is virtually certain that India will use a series of legal challenges to either get the award annulled or to seriously delay making any payment. Back to the share price today, at 228p it looks to be getting back into the previous 225-240p channel. The FAR Woodside dispute is a nuisance, though Cairn say the project continues to progress. If that gets sorted, then maybe the share price rises to a new channel? 250-270p? Very hard to predict what any new channel would be when the India arbitration is decided. Win or lose? I think the downside is limited because of the amount that India has already seized. Upside, 100p gain if the the market believes the award would get paid? Who knows? Then 12 months from now, the first of maybe four exploration wells in the highly prospective Mexican Gulf should be underway. Bought some of these in the recent dip. Need to decide whether to hold for the medium term or take the short term profit.
Cairn Energy share price data is direct from the London Stock Exchange
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