|Bid||167.60 x 12300|
|Ask||167.70 x 20000|
|Day's Range||164.70 - 168.60|
|52 Week Range||138.00 - 261.00|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.37|
Team Modi’s promise of a non-adversarial tax environment gave hope to the likes of the U.K.’s Cairn Energy Plc, which earlier that year had landed on the radar of Indian tax authorities for dodging a levy on purported capital gains. Cairn Energy transferred ownership of its Indian oil field in 2006 to Cairn India Ltd., to prepare for the local unit’s initial public offering.
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. For example, the Cairn Energy PLC (LON:CNE) share price is down 22% in the...
British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth. The Kraken oil and gas field in the British North Sea is EnQuest's largest producing asset. EnQuest holds around a 70 percent stake and Cairn owns the rest.
Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan. The proposal announced on Friday said the fund's stakes in integrated companies, such as Royal Dutch Shell, ExxonMobil and other majors involved in everything from exploration to selling fuel at the roadside, would not be sold. The state, which has built its wealth on the back of North Sea oil and gas reserves, also has no plan to sell its direct stake in Norwegian energy firm Equinor or its direct holdings in Norwegian oil and gas fields.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! If you're interested in Cairn Energy PLC (LON:CNE), then youRead More...
Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc (CNE.L) and Kosmos Energy Ltd (KOS.N) from its portfolio of investments, the Norwegian central bank said on Tuesday. The fund was created from the proceeds of Norway’s oil industry and operates under ethical guidelines set by parliament. It owns shares in 9,100 companies, 1.4 percent of the world’s listed equity, so its decisions to drop or reinstate firms from its investments carry considerable weight among investors.
Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc and Kosmos Energy Ltd from its portfolio of investments, the Norwegian central bank said on Tuesday. The companies were excluded in 2016 based on advice from the fund's ethics watchdog, which found "an unacceptable risk related to petroleum prospecting off the coast of Western Sahara".
LONDON, Oct 24 (Reuters) - Britain's Supreme Court has blocked an appeal by U.S. prosecutors seeking to extradite former HSBC trader Stuart Scott to face fraud charges over allegations that he and a colleague ...
Anyone researching Cairn Energy PLC (LON:CNE) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern finance theory.Read More...
Premier Oil is set to raise stable peak production at its Catcher field in Britain's North Sea by as much as 17 percent to 70,000 barrels of oil equivalent per day this year, after output reached that level this summer, it said on Thursday. The news came as Premier (PMO.L) reported first-half profit after tax more than doubled to $98.4 million, helped by higher oil prices. First output at the Catcher field marked a milestone for the company last December, leading it to forecast a 10 percent output hike for 2018, with the field's sustainable peak production - or plateau production - pencilled in at 60,000 barrels of oil equivalent per day (boe/d).