Capricorn Energy (CNE) Stock Overview
An independent energy company, engages in the exploration, development, production, and sale of oil and gas the United Kingdom and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
CNE Community Fair Values
Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Capricorn Energy PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£3.77 |
| 52 Week High | UK£3.81 |
| 52 Week Low | UK£1.82 |
| Beta | 0.27 |
| 1 Month Change | 31.36% |
| 3 Month Change | 24.01% |
| 1 Year Change | 63.91% |
| 3 Year Change | 10.44% |
| 5 Year Change | -27.18% |
| Change since IPO | 240.34% |
Recent News & Updates
Narrative Update • Jun 17
CNE: M&A Proposals And Egyptian Concession Terms Will Guide Balanced Share Outlook
Analysts have adjusted their price target for Capricorn Energy to £3.05 per share, reflecting updated assumptions around slightly higher forecast revenue growth of 16.77%, a profit margin of 79.80% and a future P/E of 2.04x. What’s in the News for Capricorn Energy On 11 March 2026, Capricorn Energy PLC reported receiving multiple unsolicited non binding proposals from Alamadiyaf al Masiyyah for Trading LLC, a Cafani Group company, regarding a possible all cash offer for the entire issued and to be issued share capital of Capricorn Energy PLC.
Narrative Update • Jun 03
CNE: Potential Takeover Interest Will Reshape Western Desert Asset Outlook
Analysts have lifted their price target for Capricorn Energy from £4.38 to £5.11, citing updated assumptions around higher revenue growth, a substantial improvement in profit margins, a lower discount rate and a reduced future P/E multiple. What's in the News Capricorn Energy confirmed it has received multiple unsolicited, non-binding proposals from Alamadiyaf al-Masiyyah for Trading LLC for a possible all-cash offer to acquire the entire issued and to-be-issued share capital of the company.Recent updates
Narrative Update • Jun 17
CNE: M&A Proposals And Egyptian Concession Terms Will Guide Balanced Share Outlook
Analysts have adjusted their price target for Capricorn Energy to £3.05 per share, reflecting updated assumptions around slightly higher forecast revenue growth of 16.77%, a profit margin of 79.80% and a future P/E of 2.04x. What’s in the News for Capricorn Energy On 11 March 2026, Capricorn Energy PLC reported receiving multiple unsolicited non binding proposals from Alamadiyaf al Masiyyah for Trading LLC, a Cafani Group company, regarding a possible all cash offer for the entire issued and to be issued share capital of Capricorn Energy PLC.Narrative Update • Jun 03
CNE: Potential Takeover Interest Will Reshape Western Desert Asset Outlook
Analysts have lifted their price target for Capricorn Energy from £4.38 to £5.11, citing updated assumptions around higher revenue growth, a substantial improvement in profit margins, a lower discount rate and a reduced future P/E multiple. What's in the News Capricorn Energy confirmed it has received multiple unsolicited, non-binding proposals from Alamadiyaf al-Masiyyah for Trading LLC for a possible all-cash offer to acquire the entire issued and to-be-issued share capital of the company.Narrative Update • May 10
CNE: Extended Concessions And Competing Offers Will Shape Measured Future Outlook
Analysts have trimmed their price target on Capricorn Energy to £3.05 from £3.12, citing updated assumptions on discount rates, revenue, profit margins and future P/E that slightly recalibrate their view of the stock's risk and earnings profile. What's in the News The Egyptian House of Representatives ratified a consolidated and amended concession agreement covering eight Western Desert concessions where Capricorn Energy holds a 50% interest with Cheiron Oil and Gas.
Narrative Update • Apr 25
CNE: Western Desert Deal And Takeover Interest Will Drive Rerating
Analysts have adjusted their price target on Capricorn Energy to £4.02 from £4.01, citing updated assumptions for revenue growth, profit margins, and a revised estimate of the future P/E ratio. What's in the News The Egyptian House of Representatives ratified a consolidated and amended concession agreement covering eight Western Desert concessions where Capricorn holds a 50% interest with Cheiron Oil and Gas Limited.Narrative Update • Apr 11
CNE: Egyptian Asset Proposals And Extended Concessions Will Shape Fairly Valued Outlook
Analysts have slightly raised their price target on Capricorn Energy to £3.12 from £3.11, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News Egyptian House of Representatives ratified a consolidated and amended concession agreement covering eight Western Desert concessions, where Capricorn Energy holds a 50% interest with Cheiron Oil and Gas.Narrative Update • Mar 27
CNE: Potential Cash Bids Will Support Future Rebound Toward Fair Value
Analysts have nudged their price target on Capricorn Energy slightly lower to £3.11 from £3.12, citing updated assumptions for revenue growth, profit margins and future P/E that leave the stock’s valuation broadly unchanged overall. What's in the News Capricorn Energy has received multiple unsolicited non binding proposals from Alamadiyaf al Masiyyah, a member of the Cafani Group, regarding a possible all cash offer for the entire issued and to be issued share capital of the company.Narrative Update • Mar 13
CNE: Takeover Interest And 2026 Liquids Mix Will Drive Rerating
Analysts have nudged their price target for Capricorn Energy higher from £3.92 to £4.01, reflecting updated assumptions around slightly stronger revenue trends, improved profit margins and a lower projected future P/E multiple. What's in the News Capricorn Energy confirmed it has received multiple unsolicited, non binding proposals from Alamadiyaf al Masiyyah, a member of the Cafani Group, for a possible all cash offer to acquire the entire issued and to be issued share capital of the company, with due diligence access granted and discussions ongoing (Key Developments).Narrative Update • Feb 27
CNE: Higher Liquids Mix In 2026 Will Support Future Rerating
Analysts have maintained their price target on Capricorn Energy at £3.92, reflecting slightly more cautious assumptions on revenue growth, profit margins and the future P/E multiple, while also adjusting the discount rate higher. What's in the News Capricorn Energy issued new production guidance for 2026, setting a range of 18,000 to 22,000 barrels of oil equivalent per day (boepd) for the year.Narrative Update • Feb 13
CNE: Higher Future P/E Multiple Will Support Rebound Toward Fair Value
Analysts have trimmed their price target for Capricorn Energy by a small amount to reflect an updated fair value of £3.12 per share, with modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding the change. Valuation Changes Fair Value: Revised slightly lower from £3.13 to £3.12 per share.Narrative Update • Jan 30
CNE: Lower Discount Rate Will Support Rerating Through Higher Future P/E
Analysts have raised their price target on Capricorn Energy to £3.92 from £3.33, reflecting updated assumptions about fair value, discount rates, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: revised from £3.33 to £3.92 per share, indicating a higher estimated equity value.Narrative Update • Jan 15
CNE: Lower Discount Rate Will Support Higher Future Earnings Multiple
Analysts have raised their price target for Capricorn Energy, citing adjusted fair value assumptions, a lower discount rate, updated views on revenue growth and profit margins, as well as a revised future P/E multiple as key drivers of the change. Valuation Changes Fair Value: updated from 2.53 to 3.13, indicating a moderate uplift in the assessed worth of Capricorn Energy.Analysis Article • Jan 07
Capricorn Energy PLC's (LON:CNE) Share Price Not Quite Adding Up
With a median price-to-sales (or "P/S") ratio of close to 2x in the Oil and Gas industry in the United Kingdom, you...Analysis Article • Apr 14
Capricorn Energy PLC's (LON:CNE) 25% Share Price Plunge Could Signal Some Risk
To the annoyance of some shareholders, Capricorn Energy PLC ( LON:CNE ) shares are down a considerable 25% in the last...Analysis Article • Apr 06
Newsflash: Capricorn Energy PLC (LON:CNE) Analysts Have Been Trimming Their Revenue Forecasts
Today is shaping up negative for Capricorn Energy PLC ( LON:CNE ) shareholders, with the analysts delivering a...
New Narrative • Mar 31
Egypt Concessions And North Sea Assets Will Create Mixed Outcomes
Extended concession agreements in Egypt could unlock reserves, improve production, and drive future revenue growth.Analysis Article • Dec 14
Capricorn Energy PLC's (LON:CNE) 27% Price Boost Is Out Of Tune With Revenues
The Capricorn Energy PLC ( LON:CNE ) share price has done very well over the last month, posting an excellent gain of...Analysis Article • Nov 22
Does Capricorn Energy (LON:CNE) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Shareholder Returns
| CNE | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | 9.3% | 6.5% | 0.6% |
| 1Y | 63.9% | 31.3% | 15.7% |
Return vs Industry: CNE exceeded the UK Oil and Gas industry which returned 31.3% over the past year.
Return vs Market: CNE exceeded the UK Market which returned 15.7% over the past year.
Price Volatility
| CNE volatility | |
|---|---|
| CNE Average Weekly Movement | 7.6% |
| Oil and Gas Industry Average Movement | 6.2% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in GB Market | 10.5% |
| 10% least volatile stocks in GB Market | 2.8% |
Stable Share Price: CNE's share price has been volatile over the past 3 months compared to the UK market.
Volatility Over Time: CNE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 41 | Randy Neely | www.capricornenergy.com |
Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas the United Kingdom and internationally. It holds a portfolio of onshore development and production assets in the Egyptian Western Desert. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.
Capricorn Energy PLC Fundamentals Summary
| CNE fundamental statistics | |
|---|---|
| Market cap | UK£257.50m |
| Earnings (TTM) | UK£12.39m |
| Revenue (TTM) | UK£101.27m |
20.9x
P/E Ratio2.6x
P/S RatioIs CNE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CNE income statement (TTM) | |
|---|---|
| Revenue | US$134.90m |
| Cost of Revenue | US$39.60m |
| Gross Profit | US$95.30m |
| Other Expenses | US$78.80m |
| Earnings | US$16.50m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Sep 24, 2026
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 70.64% |
| Net Profit Margin | 12.23% |
| Debt/Equity Ratio | 10.8% |
How did CNE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 17:28 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Capricorn Energy PLC is covered by 29 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ilkin Karimli | Berenberg |
| Oswald Clint | Bernstein |
| Christopher Brown | BMO Capital Markets Equity Research |