Capricorn Energy PLC Share News (CNE)

Capricorn investor Palliser says it opposes planned merger with NewMed

LONDON, Oct 27 (Reuters) - Capricorn investor Palliser Capital said on Thursday it opposed Capricorn's planned merger with Israel's NewMed Energy, echoing its criticism of a previous failed merger plan with Tullow as undervaluing the company.

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

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

LONDON BROKER RATINGS: Berenberg likes AB Dynamics, Auction Technology

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

Berenberg slightly raises target price on Capricorn Energy

(Sharecast News) - Analysts at Berenberg raised their target price on exploration and development company Capricorn Energy from 225.0p to 250.0p on Friday after the group announced a proposed merger with NewMed Energy.

UPDATE: Tullow Oil plans to terminate agreement with Capricorn

(Alliance News) - Tullow Oil PLC on Thursday said it intends to terminate its co-operation deal with Capricorn Energy PLC, after Capricorn proposed a merger with NewMed Energy Ltd.

Capricorn to merge with NewMed in Israel-Egypt gas tie-up, ditching Tullow

Capricorn-NewMed deal to value Capricorn at 271 p/shr

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LONDON MARKET MIDDAY: Stocks fall on new Russia-Europe pipeline leak

(Alliance News) - Stock prices in Europe were lower on Thursday afternoon, with Wednesday's bond market intervention by the Bank of England providing only temporary respite for unnerved investors.

TOP NEWS: Capricorn proposes NewMed merger; withdraws from Tullow deal

(Alliance News) - Capricorn Energy PLC on Thursday proposed a merger with NewMed Energy Ltd Partnership as it withdrew its recommendation for the previously agreed combination with Tullow Oil PLC.

TOP NEWS: Tullow Oil half-year profit soars; committed to merger

(Alliance News) - Tullow Oil PLC on Wednesday reported a jump in interim profit and stated that it remains committed to its all-share merger with peer Capricorn Energy PLC.

Tullow Oil sticks to Capricorn merger plans, $200 mln cashflow guidance

LONDON, Sept 14 (Reuters) - Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.

Tullow Oil sticks to Capricorn merger plans, $200 mln FY cashflow guidance

LONDON, Sept 14 (Reuters) - Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.

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.