CNE.L - Cairn Energy plc

LSE - LSE Delayed Price. Currency in GBp
207.50
+2.60 (+1.27%)
At close: 5:08PM GMT
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Previous Close204.90
Open204.90
Bid0.00 x 12300
Ask0.00 x 20000
Day's Range204.40 - 209.10
52 Week Range164.28 - 250.60
Volume1,215,900
Avg. Volume1,693,819
Market Cap1.21B
Beta0.03
PE Ratio (TTM)4.68
EPS (TTM)44.30
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.11
  • Have Investors Already Priced In Cairn Energy plc’s (LSE:CNE) Growth?
    Simply Wall St.4 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.19 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...

  • Reuters23 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.

  • Reuters23 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 Journals25 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
    Bloomberg25 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.

  • Reuters26 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 ...

  • Reuters26 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.

  • Reuters26 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.

  • Reuters26 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
    Bloomberg26 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
    Bloomberglast month

    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 ...

  • Reuters2 months ago

    Ex-HSBC currency chief's motives debated as U.S. fraud trial starts

    A former top HSBC Holdings Plc executive threw his Scottish client "under the bus" by using his knowledge of its large planned currency transaction to do his own trading first, a U.S. prosecutor said on Monday at the start of a closely-watched trial. Johnson, the former head of HSBC's global foreign exchange cash trading desk, is the first banker to be tried in the United States on currency rigging charges, following worldwide investigations into the roughly $5.1 trillion-a-day market. Johnson's trial in Brooklyn, New York, is expected to last four weeks.

  • HSBC Jury to Weigh If Forex Trader Was Front-Running Order
    Bloomberg2 months ago

    HSBC Jury to Weigh If Forex Trader Was Front-Running Order

    HSBC Holdings Plc code-named a $3.5 billion currency trade “Project Shine” and swore traders to secrecy to reassure its client it would get the best price.

  • At £1.839, Is Cairn Energy plc (LSE:CNE) A Buy?
    Simply Wall St.2 months ago

    At £1.839, Is Cairn Energy plc (LSE:CNE) A Buy?

    Cairn Energy plc (LSE:CNE) is currently trading at a trailing P/E of 5.5x, which is lower than the industry average of 29.6x. While CNE might seem like an attractive stockRead More...