Register
Login:
Share:
Email Facebook Twitter




Add Cairn Energy to quick picks

Cairn Energy Share Price (CNE)



Share Price Information for Cairn Energy (CNE)


Share Price: 142.60Bid: 149.70Ask: 128.30Change: -2.60 (-1.79%)Faller - Cairn Energy
Spread: -21.40Spread as %: -14.30%Open: 144.30High: 146.20Low: 141.60Yesterday’s Close: 145.20

Cairn Energy Plc Ord 231/169P

Cairn Energy is listed in the FTSE 250, FTSE All-Share, FTSE 350, FTSE 350 Low Yield
Cairn Energy is part of the Oil & Gas Producers sector






Share Price SpacerPrice
142.60

Share Price SpacerBid
149.70

Share Price SpacerAsk
128.30

Share Price SpacerChange
-1.79%-2.60

Share Price SpacerVolume
2,096,075

Share Price SpacerOpen
144.30

Share Price SpacerHigh
146.20

Share Price SpacerLow
141.60

Share Price SpacerClose
145.20

Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 576.34m £821.87m 10,000

52 Week High 210.00 52 Week High Date 25-FEB-2015
52 Week Low 137.40 52 Week Low Date 26-AUG-2015

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
1,677 1,133,572 959,342 -3.337 -42.73 0.00 0.00




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

02-Sep-15
17:08:30
142.30
200,000
Sell* 
142.30
142.40
284.60k
Trade Type:
Ordinary
Deletion

02-Sep-15
16:36:16
142.30
2,935
Sell* 
142.30
142.40
4,177
AC 
Trade Type:
Automatic trade at the close price

02-Sep-15
16:36:16
142.30
2,764
Sell* 
142.30
142.40
3,933
AC 
Trade Type:
Automatic trade at the close price


*Buys and Sells are calculated on the difference between the trade price and the current mid price. As such, they can occasionally be incorrect.

View more Cairn Energy trades >>

Directors Deals for Cairn Energy (CNE)
Trade DateActionNotifierPriceCurrencyAmountHolding
17-Jun-15Exercise of option
Trade Notifier Information for Cairn Energy
Simon Thomson held the position of CEO at Cairn Energy at the time of this trade.
 Simon Thomson
060,147572783
06-May-15Buy
Trade Notifier Information for Cairn Energy
Simon Thomson held the position of CEO at Cairn Energy at the time of this trade.
 Simon Thomson
183GBX984512636
06-May-15Transfer From
Trade Notifier Information for Cairn Energy
Simon Thomson held the position of CEO at Cairn Energy at the time of this trade.
 Simon Thomson
01,968512636
View more Cairn Energy directors dealings >>

Date/Time
Author
Subject
Share Price
Opinion
19 Aug '15
RobbyB
RE: Bottom?
142.60
No Opinion

I like the look of CNE, Diver, but it's a poor moment to buy in view of the oil price and general sentiment in the industry. It's a mug's game to try and predict the oil price but there seems to be a lot of evidence that things may get worse before we see an improvement especially if/once Iran comes online. That said, CNE is well protected with its large cash pile and exploration activities but this seems to be overlooked by investors who presently seem to be driven by general sentiment. I shall wait a while longer and may buy just before the Autumn drilling campaign when hopefully wider issues may have improved.
19 Aug '15
Diver169
Drilling campaign
143.20
No Opinion

16 drilling campaign According to Cairn, the firm 2015/16 drilling campaign will consist of the following sequence of wells: The first appraisal well, SNE-2, is in the Sangomar Deep Offshore block, 3km north of the SNE- 1 discovery. SNE-2 is a Crestal well in a central location in the heart of the field. SNE-2 will spud in Q4 2015 and is expected to take approximately six weeks to drill and core and a further four weeks to test. The second appraisal well, SNE-3, is on the Southern Flank and is expected to begin in Q4 2015/Q1 2016. This well will test the southern extent of the field and will help to delineate the shape of the structure and define the aerial extension to the south. Cairn noted that this is a key well to establish deliverability and the full potential of the field. The third well, BEL-1, is an exploration well which is also planned to be deepened as an SNE appraisal well and will start operations in Q1/Q2 2016. This well will test the Bellatrix prospect and also evaluate the Northern Flank of the SNE field.
18 Aug '15
Diver169
Bottom?
143.20
No Opinion

Any thoughts on how low this could go? Sub 130?
18 Aug '15
Diver169
£576m cash balance
143.20
No Opinion

The Indian government and Cairn are now required to negotiate to seek a resolution to the dispute. If there is no agreement, an international arbitration panel will adjudicate. Simon Thomson, chief executive of Cairn Energy, said the new bill is "very disappointing" after regular engagement with the Indian government over the past 14 months. "Cairn has consistently confirmed that it has been fully compliant with all relevant legislation and paid all applicable taxes in India and we are confident of our position under the UK-India Investment Treaty," he added. New wells He also raised wider concerns about the Indian government's treatment of foreign investors in the country, implying that this case will damage the country's interests. "Since the election of the BJP, senior government ministers have consistently commented on the negative impact the issue of retrospective taxation has had on international reputation and investor sentiment towards India," said Mr Thompson. The heightening of the dispute came hours after the annual results showed Cairn's loss last year fell to £252m - less than the previous year. In its annual results, it announced plans to drill at least three new wells in Senegal, West Africa, this year. The exploration firm has no revenue because its focus is exploration work. However, it reports a cash balance of £576m, which analysts said puts it in a solid financial position ahead of expected first sales in two years' time.
12 Aug '15
Oxo42
Ready for court action.
151.60
No Opinion

http://news.google.com/news/url?sa=T&ct2=uk&fd=S&url=http://economictimes.indiatimes.com/industry/energy/oil-gas/cairn-energy-seeks-quick-judicial-resolution-to-tax-row/articleshow/48451214.cms&cid=52778923768249&ei=CDvLVfnaKMyisAHO2Zq4Dw&usg=AFQjCNGF439_EbSrJ3HjcXD4izwWIQcX8g Confidence and maybe an early settlement/compensation.! click top lines to view.
5 Aug '15
long.over.short
RE: Cne
160.60
No Opinion

Hi Robby, I'm watching the forum too but very quiet. Expect it will become slightly busier when the rig arrives in Q4 for the Senegal campaign. Yes as you said the issue is the Indian tax claim which isn't looking like it will be sorted anytime soon. I think there is enough cash for a while (end of 2017 if I remember correctly). The Senegal campaign is huge and i will be writing a piece on my website in the run up, 3 firm wells and an optional 3 more. It was the biggest offshore discovery in the world last year so expecting big things....

Share prices shown are taken at time of message posting.
Thread ViewThread View
View more share chat for Cairn Energy (CNE) >>
Please Login or Register to post messages



Cairn Energy Plc Ord 231/169P home pageWebsite: Cairn Energy Plc Ord 231/169P
Website Description: Cairn Energy PLC



Sign up for Live Prices




Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. 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. All information is provided free of charge, 'as-is', and you use it at your own risk.
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.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.