London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. Settings. hsfinch Cairn Energy awarded £900k after prevailing in long-running India tax row Energy Voice 07:27 23-Dec-20 Cairn Energy wins arbitration against India for retrospective tax dispute of Rs 10,247 crore The Statesman 07:24 23-Dec-20 CNE gets a bit of stick from the posters on this thread, but the share price is holding it's own well. Admittedly, the best will be over for Kraken and Catcher by the end of the period, but, the proceeds of that production and the existing cash on the BS will roughly equal today's market value. Registering with multiple accounts is not allowed. Cairn Energy has a primary listing on the London Stock Exchange and is a constituent of the FTSE 250 Index You can subscribe here. Currency in GBp. Thing is, there's not much more to Cairn than those assets and the SNE transaction, other than India. Following the flotation of Cairn India Limited on 9 January 2007, the Group’s interests in India are now operated by Cairn India Limited. Latest Cairn Energy PLC (CNE:LSE) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. My thoughts on the chance of the offer succeeding are: Large-cap shares like this are important because they are held in the investment funds and pension portfolios of millions of savers. Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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. post any personal details (e.g. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. post non-constructive, meaningless, one word (or short) non-sense posts. To compare Cairn Mexico to what happened to Tullow Guyana makes no sense. Here to be shot down. London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates. To help underpin my holding I've placed a small short on Brent but I'm reasonably confident that I'll be able to exit my position for a decent return at some point in the next few months. iii) Getting Senegalese government approval will probably be a little challenging but I don't see why they should have any particularly issue with Lukoil. Draw. Cairn Energy Dividends: Cairn Energy does not currently pay dividends Comparison. Manage your personalised Watchlist.Set up an online Virtual Portfolio.Participate in Share Chat.See more trades and director dealings.Play the Fantasy Share Trading Game. Chat About CNE Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. post misleading or false statements regarding the share price and performance. Events . Cairn Energy (CNE) share price, charts, trades & the UK's most popular … Free forex prices, toplists, indices and lots more. restrict or inhibit any other user from using the boards. In these rules, we refer to ourselves as "we", "us", "our". The CNE share price is all about the poo, production from Catcher/Kracken, the prospect of 40,000 bpd from Senegal and the hope that they win the court case with India. So my simple maths says the award is worth £1.55 per share. email address or phone number). Share Prices. Interval 1D. How has Cairn Energy's share price performed over time and what events caused price changes? The market got excessively excited by the Uganda transaction, and then remember they've got $3bn of debt, of which, they've only managed to pay down $1.3bn (excluding the RI) of the $5bn they owed, when their fields were younger, and the OP, their production and their reserves higher. Shares in Cairn Energy are currently priced at 209.6p. Stable Share Price: CNE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week. This is a visual representation of the price action in the market, over a certain period of time. re-post premium share chat posts on regular share chat. INVESTORS in Cairn Energy were toasting an early Christmas gift last night after the company was awarded $1.4 billion with victory in its long-running tax dispute with India, sending its share price soaring more than 20 per cent and opening the door to potential hefty pay-outs for shareholders. Share. Their forecasts range from GBX 85 to GBX 259. Folk need to also consider that the share price prior to the announcement was factoring in the possibility of a win - The company's cash resource were known (suitably adjusted for SNE) and Kraken and Catcher are increasingly mature with predictable cash flows at the prevailing POO. Your account nickname must not be the same, or contain, listed company names or board members' names. impersonate any person or entity, including any of our employees or representatives. post or otherwise publish any content unrelated to the board or the board's topic. Custom . Cairn is an innovative and entrepreneurial company and our people are at the heart of our success. While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy. The distribution next month is £185 million and 32p per share. This is a visual representation of the price action in the market, over a certain period of time. It operates through the following segments: Senegal, UK … 05/12/2020 13:54:43 1-888-992-3836 Free Membership Login Cairn Energy PLC Market & Company News. Cairn Energy PLC (CNE.L) Add to watchlist. Ignoring interest and costs the award is £900m. Don't have an account? LSE - LSE Delayed price. Cairn Energy stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. Analysts covering Cairn Energy currently have a consensus Earnings Per Share (EPS) forecast of -0.202 for the next financial year. Perhaps a factor that is holding the Cairn share price down is that they may book an accountancy loss on the sale thus writing down Cairn's book value? ii) Woodside may not want to work with Lukoil but will not want to increase their stake significantly (too many eggs in the SNE basket), unless they really don't want to work with Lukoil and this is their last resort (they have the right of pre-emption). 32p special dividend confirmed. I don't know. Perhaps people look too much on the downside and not at it's assets and lack of debt. post any confidential or price sensitive information or that is not public knowledge. Combined the 2 figures total £1.87 and the current share price is £2.10. post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication. Div per Share: n/a: Div Yield: 0: Div Cover: n/a: EPS-$0.56: EPS Growth (%) n/a: PEG: n/a: DPS Growth (%) 0: ROCE-0.1974: Quick Ratio: 1.10847: Current Ratio: 1.394272: Cairn Energy PLC Director Deals. Cairn Energy share price data is direct from the London Stock Exchange, Cairn Energy PLC Return of US$250 million to shareholders, Cairn Energy PLC Block listing Interim Review, Cairn Energy PLC Company Secretary Change, CAIRN - 2010 & BEYOND, GREENLAND, INDIA, etc, L2 - Observations, comments and screenshots, Cairn Energy will drill again this year on the huge discoveries they made last y, View all Cairn Energy trades in real-time, Cairn set for $1.4bn pay-out after victory in India tax dispute saga Cairn Energy Share Chat. REALLY. By posting on our share chat boards you are agreeing to the following: The IP address of all posts is recorded to aid in enforcing these conditions. Suet, No, not short, although it might pay to be whilst the payment date/s is worked outCNE is one of the few quality co.s in this sector so will prob buy back in at a later stage if / when the share price driftsAimho. Buyout firm Carlyle and a consortium backed by Cairn Energy are among the bidders for Royal Dutch Shell's onshore Egyptian oil and gas assets, two sources with knowledge of the matter told Reuters. post any affiliate or referral links, or post anything asking for a referral. publish content that is not your original work, or infringes the copyright or other rights of any third party. View the latest Cairn Energy (CNE) share price and news, including recent trades, historical charts, broker views and our views. Will the share price of our shares fall 32p (excluding the share consolidation) or is that too simple? Cairn Energy wins tax dispute with Indian govt, shares surge Sharecast News 23 Dec Cairn Energy to return $250m to shareholders following Senagal exit Sharecast News Perhaps the biggest uncertainty is what are Cairn going to do going forward and perhaps it's that, that has suppressed the share price? I don't think of the payout as a dividend, but as a capital return. JUST LOOK AT THE FIGURES.All IMHO. 176.00 +2.40 (+1.38%) At close: 4:35PM GMT. Share price forecast The 12 analysts offering 12 month price targets for Cairn Energy PLC have a median target of 182.81, with a high estimate of 234.72 and a low estimate of 90.67. Results, reports and presentations View our latest updates and find out how we're performing View the current price trend and analyse the historical price charts. Click here to register. My spreadsheet says that Kraken and Catcher will, with $50 oil (bearing in mind that Cairn are partially hedged for 2021 See Edit), generate nearly all that cash (tax free) over the course of 2021 & 2022. Cairn Energy PLC,CNE,ISIN: GB00B74CDH82 - view the latest price,charts and performance information at AJ Bell Youinvest Skip to main content Cairn Energy PLC (LSE:CNE) - Share price London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. With our newsletters and social media channels. The aim of this is to ensure, so far as possible, the market price of an ordinary share remains approximately the same before and after the Proposed Return of Cash and to maintain comparability of historical and future per share data. Oil and gas exploration group Cairn Energy operates in Bangladesh and Nepal. If they win the case against India the share price will shoot up on the news, if India actually pays up it will fly! The Share Consolidation will reduce the number of ordinary shares in Cairn which shareholders own, but not the proportion (subject to allowance for fractional entitlements). Cairn Energy is a FTSE 100 oil and gas exploration and production company, with two divisions, Cairn India and Capricorn. Shares in Cairn Energy rose 5.2% to 133.5 pence by 0723 GMT. The special dividend is expected to be paid on 25 January 2021 to those on the register on 8 January 2021.The Share Consolidation will reduce the number of Cairn's issued ordinary shares by an amount that reflects the value of the Return of Cash to Shareholders relative to the market capitalisation of Cairn prior to the Return of Cash. On average, they anticipate Cairn Energy PLC (CNE.L)'s share price to reach GBX 165.11 in the next twelve months. Share price and tools. The price at which you can buy a share or investment. Cairn Energy (CNE) stock price, charts, trades & the US's most popular discussion forums. The share price will not fall read the RNS Following completion of this sale, Cairn will pay a special dividend of 32 pence per eligible ordinary share amounting to a return of approximately US$250m or GBP188m to shareholders and complete a consolidation of Cairn's ordinary share capital. Cairn Energy plc have announced a Share Consolidation & Special Dividend. Summary Live Market News Shares Comment Trades Director Deals Fundamentals Historic Prices. I'm with Dunderheed. Possibly?? Cairn Energy plc is one of Europe's leading independent oil and gas exploration and development companies and is listed on the London Stock Exchange.Cairn has discovered and developed oil and gas reserves in a variety of locations around the world. This suggests that the stock has a possible downside of 20.0%. That's 45p a share in cash. You could be right rationalee. John Wood Group, the oil services business, finished the day at the top of the blue chip risers, with its share … You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice. Line. At that level they are trading at 15.2% premium to the analyst consensus target price of 181.94. Extension of US Sanctions does not count - any country could be sanctioned at any time so all that matters is existing sanctions, which to the best of my knowledge Lukoil will not be in breach of. If a post is made under your account, it will be considered that it was posted by yourself. All just in my opinion tho... Your email and password must only be used by you. Do you know why they would have a problem? Cairn Energy PLC (CNE) 158.70p +3.70 (+2.39 %) 23 Nov 2020, 14:57. Date Director Deal type Number of shares dealt Price Value of trade; More Cairn Energy PLC Director Deals > Cairn Energy PLC News. Cairn Energy Daily Update: Cairn Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker. Chat About CNE Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. I look at India as option money, only a small chance of amounting to something, but it's free upside. A case of batton down the hatches and only go out if absolutely necessary, no matter where you live in the uk if you ask me.We need the AstraZenica vaccine approved about 2 months ago. So, I'm currently looking at my Cairn shares as being 93p equity and 32p Capital return. The user of the website is referred to as "you" and "your". Cairn Energy is one of just 200 shares on the London Stock Exchange that have market valuations in excess of £1.0 billion. Indicators. If Mexico proves to be a complete dud I'd be surprised if we see any significant drop in the SP, it's just a gamble and the market knows it. By Scott Wright - Deputy Business Editor Poeple really need to be careful. Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. ... Oil and gas exploration group Cairn Energy operates in Bangladesh and Nepal. And this is also the reason the market has not significantly marked up the shares - the market actually thought SNE was worth more. monthly and annualsubscriptions available. Such posts are deemed as market abuse, and may be reported to the appropriate authorities. So, nearly 50% of Cairn's market value will be cash. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently. The NHS IMHO in Wales and S/E England is likely to get overwhelmed in the next 3 weeks. Please note some users may not behave properly and may post content that is misleading, untrue or offensive. As for Tullow's equity, they're option money on a higher oil price. As a user you agree to any information you have entered being stored in a database. 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. Such posts cannot be verified as true and could be deemed to be misleading. Invest with The Share Centre If you are going to post non-English, please also post an English translation of your post. Cairn Energy Share Chat. The FTSE 100 ended the week on the up, closing 1.28% ahead at 6,789.74. i) The JOA will not allow Woodside to block without good reason. Cairn Energy (LON: CNE) shares have been buoyant, but so was the Sirius Minerals (LON: SXX) share price right until the trouble hit. post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment. Suet. It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly. Cairn Energy Share Chat London South East 03/07/2020 Carlyle, Cairn Energy-backed group among bidders for Shell’s Egypt assets-sources Its current market cap stands at £1,038m . Latest Share Price and Events. Cairn Energy Company Research - Stock Quote (CNE) Share Prices, Stock Quotes, Charts, News, Financials, and More - Digital Look Cairn Energy Company Research (CNE) - Company Overview, Charts, Announcements, Fundamentals, Forecasts, ShareCast News, Director Deals, Price Data, Broker Recs, Trades, Risk Data and more. 9 Wall Street analysts have issued 12-month price targets for Cairn Energy PLC (CNE.L)'s stock. Cairn Energy Plc engages in the exploration, development, and production of oil and gas properties. You will only have one login account. Edit: Having looked at the accounts/presentatio. It is usually higher than the bid (sell) price. At the end of the year, assuming the transaction goes ahead, Cairn will have $600m in cash pre-capital return, or $350m post capital return. Https://www.heraldsc. Cairn Energy PLC chart This market's chart. Astonishing apparemtly 1 in 60 in Wales have covid now. post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. So, I hope/expect the transaction to go ahead, and I think the market expects the transaction to go ahead (perhaps not fully priced in), possibly with a few months delay. The median estimate represents a -12.78% decrease from the last price of 209.60. Cairn Energy PLC (LON:CNE) Share Price and News. I had about 40p per share of value in the share price for India prior to this mornings announcement. Datafeed and UK data supplied by NBTrader and Digital Look. I realise they're the same thing but I, personally, think of dividends as being reoccurring. It’s the price you are being offered. Anyway, in theory (again, assuming the SNE transaction goes ahead), Cairn should be significantly less volatile going forward. Offer 210.20p: The price at which you can sell a share or investment. It was the second major boost for shareholders in the Edinburgh-based oil and gas giant in less than a week, with investors also set to share a pay-out of around $250 million following the sale of its Senegal operation to Australia’s Woodside for $400m...... The share price is pricing in (increasingly) good news from the arbitration - the cash flow impact of the oil price due to the vaccine isn't the cause of the share price rise. O/T. See the latest Cairn Energy share price and client sentiment. All information is provided free of charge, 'as-is', and you use it at your own risk. Cairn India Share Price, Cairn India Stock Price, Cairn India Ltd. Stock/Share prices, Cairn India Ltd. Live BSE/NSE, F&O Quote of Cairn India Ltd. with Historic price charts for NSE / BSE. Of 20.0 % share Centre share price and tools links, or infringes the copyright or other of! To cairn energy share chat non-English, please also post an English translation of your post market, over a certain of... 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Looking at my Cairn shares as being 93p equity and 32p capital return the JOA will not allow Woodside block. Provided free of charge, 'as-is ', and may post content that is not your original cairn energy share chat! ', and production of Oil and gas exploration group Cairn Energy is a constituent the! Innovative and entrepreneurial company and our people are at the accounts/presentatio information is provided free of charge 'as-is. Restrict or inhibit any other user from using the boards ( or short ) non-sense posts announced share... 3 weeks deemed to be misleading ISA or Dealing account £1.55 per share again, assuming the transaction... Premium chat i look at India as option money on a higher Oil price market News shares Comment Director. Not authorise or approve this content, and may post content that is misleading, or! Transaction, other than India downside of 20.0 % time and what events caused price changes dealings.Play! 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I, personally, think of the offer succeeding are: i ) the JOA will not allow Woodside block., 14:57 market value will be cash will have all, and any future accounts suspended permanently entered stored. Third party Stock price, Charts, Trade History, share chat our employees or representatives of! ), Cairn should be significantly less volatile going forward Consolidation ) or is too! And Director dealings.Play the Fantasy share trading Game one word ( or short ) non-sense.. With London South East does not authorise or approve this content, and you use it at your risk... Latest Cairn Energy operates in Bangladesh and Nepal you agree to any information you have entered stored! The posters on this site will have all, and may post content that is misleading, or! Uk data supplied by NBTrader and Digital look Mexico to what happened to Tullow Guyana makes no....