Capricorn Energy PLC Share News (CNE)

Capricorn shareholder Schroders against Tullow merger in current form

LONDON, Sept 13 (Reuters) - Capricorn Energy shareholder Schroders would vote against the oil and gas producer's planned merger with Tullow Oil in its current form, the investment company's head of UK and European Mid and Small Caps told Reuters on Tuesday.

LONDON MARKET MIDDAY: FTSE 100 shades green; US returns from holiday

(Alliance News) - The FTSE 100 was being boosted by housebuilders at midday on Tuesday, while a raft of UK consumer stocks were enjoying a rally on the hopes that the new prime minister, Liz Truss, will help soften the blow of surging energy bills.

Capricorn explores other deals as Tullow merger faces backlash

Sept 6 (Reuters) - Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said on Tuesday it was exploring alternative deals after unnamed parties expressed interest.

TOP NEWS: Capricorn Energy considering alternatives to Tullow merger

(Alliance News) - Capricorn Energy PLC on Tuesday said it is considering alternatives to its previously announced merger with Tullow Oil PLC, as it posted a narrowed loss in the first half of 2022.

LONDON BRIEFING: Truss takes reins; Australia hikes rates for 4th time

(Alliance News) - Stocks in London were called to open lower on Tuesday as Europe continues to face an energy crisis, while sterling strengthened as Liz Truss starts work as the new prime minister of the UK.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: JPMorgan downgrades IHG to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Key investor Madison Ave says Capricorn worth more than planned Tullow deal

LONDON, Aug 15 (Reuters) - Major Capricorn Energy investor Madison Avenue sees Capricorn's value at a minimum of 300 pence per share, above its value in a planned merger with Tullow Oil, adding its voice to criticism of the deal by some Capricorn investors.

Capricorn should ditch Tullow merger deal, Palliser says

LONDON, Aug 9 (Reuters) - Capricorn Energy should ditch its proposed merger with Tullow Oil, investor Palliser has said in a letter seen by Reuters, describing it as "one-sided" and short of "meaningful strategic rationale".

Palliser calls for Capricorn Energy to withdraw from Tullow merger

(Alliance News) - Palliser Capital Master Fund Ltd, one of Capricorn Energy PLC's largest investors, on Tuesday said its proposed merger with Tullow Oil PLC is "one-sided" and called for Capricorn to withdraw.

Capricorn investor Palliser calls on management to ditch Tullow deal

LONDON, Aug 9 (Reuters) - Capricorn Energy investor Palliser has called on the firm to ditch a proposed merger with Tullow Oil after describing the deal as "one-sided" and short of "meaningful strategic rationale", a letter seen by Reuters showed.

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Tullow Oil maintains annual guidance as first half meets expectations

(Alliance News) - Tullow Oil PLC on Wednesday kept its annual production outlook unchanged after what it called a solid first-half performance, while it continues to progress its agreed merger with Capricorn Energy PLC.

Tullow CEO says no changes needed for Capricorn merger plans

July 13 (Reuters) - Tullow Oil Chief Executive Rahul Dhir said on Wednesday no tweaks to the planned all-share merger with Capricorn Energy were necessary, when asked about criticism about the deal as it stands from some Capricorn shareholders.

Tullow Oil maintains guidance after solid first half

(Sharecast News) - Tullow Oil reported a solid first half on Wednesday, leaving it on track to make $200m in free cash flow this year.