CNE.L - Cairn Energy plc

LSE - LSE Delayed Price. Currency in GBp
214.20
+7.40 (+3.58%)
At close: 5:02PM GMT
Stock chart is not supported by your current browser
Previous Close206.80
Open213.00
Bid173.00 x 12300
Ask245.00 x 20000
Day's Range210.70 - 218.30
52 Week Range164.28 - 250.60
Volume3,618,187
Avg. Volume1,685,151
Market Cap1.244B
Beta0.03
PE Ratio (TTM)4.84
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • BP to Acquire Cairn Energy's Oil Assets Offshore Senegal
    Zacks7 hours ago

    BP to Acquire Cairn Energy's Oil Assets Offshore Senegal

    BP is reportedly planning to acquire a stake in Cairn Energy's oil assets for about $600 million.

  • Reuters9 hours ago

    BP seeks stake in Cairn Energy Senegal assets - sources

    SYDNEY/LONDON (Reuters) - Oil exploration company Cairn Energy (CNE.L) is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said. "We are aware that BP wants to acquire a stake in Cairn Energy, but they are awaiting validation by the state (of Senegal)," an adviser to Senegal's oil minister, who declined to be named, told Reuters by telephone.

  • Reutersyesterday

    BP seeks stake in Cairn Energy Senegal assets

    SYDNEY/DAKAR (Reuters) - Oil exploration company Cairn Energy (CNE.L) is in talks with BP to sell a 30 percent stake in its deepwater SNE field offshore Senegal, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said on Monday. "We are aware that BP wants to acquire a stake in Cairn Energy, but they are awaiting validation by the state (of Senegal)," an adviser to Senegal's oil minister, who declined to be named, told Reuters by telephone.

  • Rigzone.com2 days ago

    BP Seeks Stake In Cairn Energy Senegal Assets

    Cairn Energy is in talks with BP to sell a 30% stake offshore Senegal.

  • Have Investors Already Priced In Cairn Energy plc’s (LSE:CNE) Growth?
    Simply Wall St.8 days ago

    Have Investors Already Priced In Cairn Energy plc’s (LSE:CNE) Growth?

    Cairn Energy plc (LSE:CNE), an energy company based in United Kingdom, received a lot of attention from a substantial price increase on the LSE in the over the last fewRead More...

  • How Cairn Energy plc (LSE:CNE) Delivered A Better ROE Than Its Industry
    Simply Wall St.22 days ago

    How Cairn Energy plc (LSE:CNE) Delivered A Better ROE Than Its Industry

    Cairn Energy plc (LSE:CNE) delivered an ROE of 11.88% over the past 12 months, which is an impressive feat relative to its industry average of 5.39% during the same period.Read More...

  • Reuters26 days ago

    Ex-HSBC currency trader to be extradited from UK to face U.S. fraud charge

    Former senior HSBC currency trader Stuart Scott will be extradited to the United States to face charges that he defrauded Cairn Energy Plc in a $3.5 billion currency trade in 2011, a London court ruled on Thursday. On Monday Scott's former boss Mark Johnson was convicted of fraud in the United States in the same case. "We believe the U.S. government's case to be flawed and materially inaccurate and we also believe that this has led the court to fall into error," a lawyer representing Scott said.

  • Reuters26 days ago

    Ex-HSBC currency trader to be extradited from UK to face U.S. fraud charge

    Former senior HSBC currency trader Stuart Scott will be extradited to the United States to face charges that he defrauded Cairn Energy Plc in a $3.5 billion currency trade in 2011, a London court ruled on Thursday. On Monday Scott's former boss Mark Johnson was convicted of fraud in the United States in the same case. "We believe the U.S. government's case to be flawed and materially inaccurate and we also believe that this has led the court to fall into error," a lawyer representing Scott said.

  • American City Business Journals28 days ago

    Former HSBC trading exec found guilty of multimillion-dollar fraud

    A former top HSBC banker has been found guilty of fraud in a $3.5 billion currency deal, according to the Department of Justice . Mark Johnson, the London-based bank’s head of global cash foreign exchange trading, faces up to 20 years in prison after he was found guilty on nine counts and not guilty on one other count.

  • Christmas Didn't Turn Out So Well for Ex-HSBC Trader
    Bloomberg28 days ago

    Christmas Didn't Turn Out So Well for Ex-HSBC Trader

    The Mark Johnson case gave us some memorable quotes, but there's still a serious question about the difference between pre-hedging and front-running.

  • Reuters29 days ago

    PRESS DIGEST- British Business - Oct 24

    The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Hector Sants, former head of the ...

  • Reuters29 days ago

    U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 bln currency trade

    A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011. U.S. prosecutors have said that Mark Johnson, formerly head of HSBC’s global foreign exchange cash trading desk, schemed to ramp up the price of British pounds before executing a trade for Cairn, making millions for HSBC at Cairn's expense. "They've convicted an innocent man," John Wing, a lawyer for Johnson, told reporters as he left the courtroom in Brooklyn federal court, where Johnson was on trial for nearly four weeks.

  • Reuters29 days ago

    U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade

    A U.S. jury on Monday found a former HSBC Holdings Plc(HSBA.L) executive guilty of defrauding Cairn Energy Plc (CNE.L) in a $3.5 billion (2.65 billion pounds) currency trade in 2011. U.S. prosecutors have said that Mark Johnson, formerly head of HSBC’s global foreign exchange cash trading desk, schemed to ramp up the price of British pounds before executing a trade for Cairn, making millions for HSBC at Cairn's expense. "They've convicted an innocent man," John Wing, a lawyer for Johnson, told reporters as he left the courtroom in Brooklyn federal court, where Johnson was on trial for nearly four weeks.

  • Reuters29 days ago

    Ex-HSBC executive found guilty of fraud in $3.5 bln currency trade

    A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011. The verdict was read in federal court in Brooklyn, where ...

  • Ex-HSBC Currency Trader Convicted of Fraud for Front-Running
    Bloomberg29 days ago

    Ex-HSBC Currency Trader Convicted of Fraud for Front-Running

    Former HSBC Holdings Plc currency trader Mark Johnson was found guilty of fraud for front-running a $3.5 billion client order, a victory for U.S. prosecutors as they seek to root out misconduct in global ...

  • Reuterslast month

    Jurors to weigh fraud charges against ex-HSBC executive

    Closing arguments in the U.S. trial of former HSBC Holdings Plc executive Mark Johnson came to an end Wednesday, with a lawyer for the government urging jurors to convict Johnson of defrauding a client. Prosecutors have claimed Johnson, the former head of HSBC’s global foreign exchange cash trading desk, schemed with others at HSBC to ramp up the price of British pounds before executing a $3.5 billion currency trade for Edinburgh-based Cairn Energy Plc in 2011, making millions at Cairn's expense. "The bottom line is they hacked up the price so they could take advantage of that confidential information they had," Carol Sipperly, a lawyer for the government, told jurors on Wednesday.

  • Ex-HSBC Currency Trader's Personal Defense Is Tested on Stand
    Bloomberglast month

    Ex-HSBC Currency Trader's Personal Defense Is Tested on Stand

    Former HSBC Holdings Plc trader Mark Johnson adamantly denied he “ramped” a $3.5 billion foreign-currency order against a client, insisting he “wasn’t aware” that traders he supervised had already begun ...

  • Ex-HSBC Trader Says Boss Ordered Him to ‘Ramp’ Up Price of Pound
    Bloomberg2 months ago

    Ex-HSBC Trader Says Boss Ordered Him to ‘Ramp’ Up Price of Pound

    "Ramp it," a former head of foreign exchange at HSBC Holdings Plc told one of his traders, Frank Cahill, just before he executed a $3.5 billion currency transaction that the U.S. says was gamed ...