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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Capricorn Energy Plc | LSE:CNE | London | Ordinary Share | GB00BNKT5L33 | ORD 799/122P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 230.00 | 62,495 | 16:35:27 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 225.50 | 229.50 | 233.00 | 225.50 | 225.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | USD 146.8M | USD 10.6M | USD 0.1502 | 15.25 | 162.28M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:10:32 | O | 3,000 | 230.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 10/6/2025 | 14:30 | UK RNS | Capricorn Energy PLC Year end 2024 Competent Persons Report |
| 22/5/2025 | 22:42 | ALNC |  EARNINGS AND TRADING: Block Energy loss narrows; TruFin starts buyback |
| 22/5/2025 | 13:27 | UK RNS | Capricorn Energy PLC Result of AGM |
| 22/5/2025 | 07:00 | UK RNS | Capricorn Energy PLC AGM Statement |
| 12/5/2025 | 12:27 | ALNC | DIRECTOR DEALINGS: Rolls-Royce and StanChart executives sell shares |
| 08/5/2025 | 07:00 | UK RNS | Capricorn Energy PLC PSC Consolidation Agreed |
| 07/5/2025 | 17:02 | UK RNS | Capricorn Energy PLC Report on Payments to Govts |
| 07/5/2025 | 16:48 | UK RNS | Capricorn Energy PLC Director/PDMR Shareholding |
| 07/5/2025 | 16:35 | UK RNS | Capricorn Energy PLC Director/PDMR Shareholding |
| 06/5/2025 | 07:00 | UK RNS | Capricorn Energy PLC Director/PDMR Shareholding |
Capricorn Energy (CNE) Share Charts1 Year Capricorn Energy Chart |
|
1 Month Capricorn Energy Chart |
Intraday Capricorn Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/6/2025 | 15:33 | CAPRICORN ENERGY | 245 |
| 09/10/2023 | 01:21 | CAIRN - 2010 & BEYOND, GREENLAND, INDIA, etc | 7,716 |
| 03/9/2022 | 09:36 | CAIRN ENERGY | 994 |
| 11/3/2022 | 15:54 | Capricorn energy | 14 |
| 06/5/2021 | 21:21 | Indian government makes a move to protect overseas assets | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 15/6/2025 09:20 by Capricorn Energy Daily Update Capricorn Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker CNE. The last closing price for Capricorn Energy was 230p.Capricorn Energy currently has 70,558,339 shares in issue. The market capitalisation of Capricorn Energy is £161,578,596. Capricorn Energy has a price to earnings ratio (PE ratio) of 15.25. This morning CNE shares opened at 225.50p |
Posted at 11/6/2025 15:33 by ashkv Any views on the updated CNE CPR? |
Posted at 19/5/2025 07:14 by bigbigdave JEFFERIES RAISES CAPRICORN ENERGY TO 'BUY' (HOLD) - PRICE TARGET 290 (220) PENCE |
Posted at 11/1/2025 19:45 by maxplus2 What's the old price before share re-capital? |
Posted at 13/12/2024 17:06 by finkie I don’t know but the share has put on 25% recently not sure why |
Posted at 11/12/2024 10:25 by adg I used to own these a few years ago and just noted the share price was back in the 200’s again - did they do any share splits/co solidayion and pay some special dividends?Just curious what I had would have paid me/be worth now? I recall it was all quite complicated |
Posted at 19/9/2024 14:57 by plasybryn SP Angel today:Capricorn Energy (CNE LN) 230p, Market Cap £162m: Resumes Egyptian investmentsCapricorn reported average 1H24 production down 17% y/y to 26.2kboe/d generating $80.3m revenues and $62.6m operating cash flows to end the period with $40m net cash as at June 30.The Company reported receivables in Egypt have reduced from $169m to $145m in 1H24, with a further ~$20m received so far in 3Q24, and is progressing PSC amendment talks with its partner and EGPC.Capricorn announced YTD24 production of ~24.7kboe/d and reiterated the 20-24kboe/d FY24 guidance range, with development drilling operations resumed in Egypt based on a liquids focused strategy.In Senegal, start-up of Woodside's Sangomar development could lead to a potential contingent payment of up to $50m in 1Q25 if crude oil prices remain above $60/bbl in 2H24.The stock is up on the back of a solid 1H24 operational performance from Capricorn, which was boosted by the improved fiscal landscape in Egypt that has seen $34m collected against its Egyptian accounts receivable in YTD24.The Company also remains committed to returning any available proceeds of the Woodside contingent payment to its shareholders, but is first responsible for the payment of disputed taxes in Senegal arising from the sale.18M on from the leadership change, Capricorn has made good progress across its five key priorities of capital returns, cost savings, scaling back non-core operations, maximisation of value from Egypt and a corporate culture change.We think management still has to demonstrate greater value from this stand-alone small-cap Egyptian producer than was available from the merger options to create a more balanced larger player preferred by the former management. |
Posted at 29/5/2024 13:44 by plasybryn From: share price Angel EnergyDate: 23 May 2024 at 11:02:18 BSTCapricorn Energy (CNE LN) 192p, Market Cap £177m: Improvement in Egyptian receivablesCapricorn announced average YTD24 production is in line with the midpoint of 20-24kboe/d FY24 guidance, with an update on production performance to be provided later in the year.The Company reported receivables in Egypt have reduced from $169m to $151m enabling an improved net cash position of ~$101m as at end-April, ahead of settling a $25m contingent payment for Egypt to Shell.In Senegal, start-up of Woodsideâs Sangomar development by the end of June could lead to a potential contingent payment of up to $50m in 1Q25 if crude oil prices remain above $60/bbl in 2H24.A perfunctory update ahead of the AGM, which points to the positive impact of the improved fiscal landscape in Egypt that has seen $71m of receipts during 4M24.The Company wants to see the initial results of its drilling activities before updating the market, with this yearâs development activities expected to have a greater impact on 2025 production than 2024.Capricorn believes its market capitalisation implies that the underlying net asset value in Egypt are heavily risked, but we think management still has to demonstrate greater value from this stand-alone small-cap Egyptian producer than was available from the merger options to create a more balanced larger player preferred by the former management. |
Posted at 04/10/2023 09:25 by last of the mohicans Just a reminder for everyone.......The meeting to approve the Special Dividend of £0.56 per share, followed by the share consolidation of 2 new shares for every 3 existing ones is tomorrow Thursday 5th Oct. The shares will then effectively go EX dividend at the close of business on Thursday 5th Oct. The share consolidation occurs ahead of the market opening on Friday 6th Oct. Only this time round unlike in May ahead of the previous special dividend & share consolidation. The share price is above the balancing point. That means the gearing is in our favour this time round not against us. The balancing point is 3 x £1.68 = £5.04 less the 3 x £0.56 dividend (£1.68) leaves you with £3.36 which when dividend by the 2 new shares would equate to a price of £1.68 each. If the current price of £1.80 turns out to be the closing price on the 5th Oct, then the new shares should return to trading around £1.86 (£5.40-£1.68 = £3.72 / 2) to have the same market value as before. If the share price goes higher then the gap will grow out from that £0.06 difference, if it falls it will shrink in size. Tick Tock, Tick Tock especially for those institutions that have sold/lend for cash there voting rights to other's (all 19% of them) , which might be the reason behind the scramble for shares that looks to be occurring. LOTM |
Posted at 18/9/2023 20:38 by last of the mohicans I thought I'd write this for anyone new here or for anyone who wasn't paying attention back in May when the company distributed $450M via a £1.15 special dividend & 70 old shares for 33 new share consolidation.When I first looked at it the share price was around £2.25 - £2.30 a share & the share buy-back was active, which I found really strange because they were in effect over paying for the shares they were buying back! I think someone in the company eventually picked up on that & the buy-back stopped until the share consolidation was done. In actual fact they should have stopped it until the share price was below £2.177 & then continued again, why ? Well the inflection point with a dividend of £1.15 & consolidation ratio of 70 to 33 works out to be £2.177. I think examples are the best way of demonstrating it to you. So 70 shares priced at £2.177 give a total value of &152.40 You then receive a dividend of £80.50 (£1.15*70), the ex-d price of the shares should then be £1.027 (£2.177- £1.15) multiple it by 70 & you have an equity value of £71.89. You then divide that equity value (£71.89) by 33 (new shares) & you get a price of £2.178 per share. The consolidation ratio (70/33) means there are now only 47.14% of the shares in issue compare to before. So you have a large multiplier effect if the closing share price isn't £2.177. If it was £2.24 instead, then the dividend is the same but the closing equity value is not £71.89 its £76.30 & when you divide that by 33 it works out at £2.312 after the consolidation. In other words the original £0.063 difference turns into one of £0.134 Which means you really wanted to still own the shares at the ex-d date because you were better off. Conversely if the share price was £2.12 at the ex-d date, the consolidated shares should only return to market at £2.058 which makes you worse off holding them at the ex-d date you'd be better off selling out before hand & then buying them back afterwards. -------------------- This time round the dividend is £0.56 & the consolidation ratio is 3 old into 2 new ones. So the inflection point is £1.68 This time the compression ratio is 66.66% so there is a lot less gearing than the last time round. So the effect isn't as dramatic as before, but it will still make a difference to your bottom line. At an ex-d close of £1.74 the shares should return to trading at £1.77 & if its £1.62 then they should return at £1.59 -------------------- In May I expected the share price to rise ahead of the ex-d date that didn't happen & the share price was very weak on its return to trading. LOTM |
Posted at 14/9/2023 13:41 by last of the mohicans taxi1,I wasn't here when the share price was £2.50 or the 2 bids of around £2.70 a share were rejected. I only got interested just before the £1.15 payout, so roughly the beginning of May this year. I really like the story & what the new board are trying to achieve. People have totally lost sight of the value here. There were 315M shares in issue back then when they rejected £2.70 or £850M valuation for the company. They paid out £362M (£1.15 per share) & reduced the shares in issue to 148.5M when the share price was like £2.18 a share. Which meant they effectively added £0.56 to the value of the shares that were left in issue to that previous £2.70 people had been willing to pay to buy/merge with the company. The buyback has only enhanced that value further with 6M shares bought so far. Now they are going to payout another £80M or £0.56 per share to reduce the number of shares in issue even further & they are doing it at an even cheaper price than before ! If you add the numbers up we will end up having 95M shares max in issue having paid out a total of £452M (362 + 80 + 10). So if you think about it that means £400M (that someone was willing to pay previously at similar or lower oil & gas prices) is in those 95M shares ie the offer would be over £4 per share now. The cost savings the new board are doing shows just how staggeringly badly the company was run previously. They are going to be saving roughly $50M a year in admin costs. That's a saving of $0.50 per share (post consolidation) saved going forward each year for many years to come. Think about it, over 4 years that the current value of the company post consolidation retained for the benefit of shareholders & not needlessly waisted. -------------------- Yes its being played by the institutions while they try to hoover up as much stock as they can. Goldman Sach's, Bank of America & possibly others have seen the potential value here & are getting as big a slice of the pie as they can. I expect this to become a dividend stock next year (although the company's not saying that yet). In 2 years time CNE most likely will be yielding 25%+ annually on the money invested today. Where else are you going to get such a fab return on your money ....... LOTM |
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