Cairn Energy
Cairn Energy PLC operates as an oil and gas exploration, development, and production company. The last earnings update was 67 days ago. More info.
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- Cairn Energy has significant price volatility in the past 3 months.
CNE Share Price and Events
7 Day Returns
1 Year Returns
CNE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Cairn Energy (CNE) | 5.1% | 2% | -18.8% | -36% | -19.1% | -10.6% |
| GB Oil and Gas | 3.5% | -2.5% | 4.1% | 3% | 47% | -10.6% |
| GB Market | 1.3% | -1.6% | 1.9% | -5% | 15.8% | 2.5% |
1 Year Return vs Industry and Market
- CNE underperformed the Oil and Gas industry which returned 3% over the past year.
- CNE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5% over the past year.
Value
Is Cairn Energy undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Cairn Energy. This is due to cash flow or dividend data being unavailable. The share price is £1.69.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Cairn Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Cairn Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $-1.96 |
| LSE:CNE Share Price ** | LSE (2019-05-17) in GBP | £1.69 |
| LSE:CNE Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.273 | $2.15 |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio | Median Figure of 32 Publicly-Listed Oil and Gas Companies | 9.44x |
| United Kingdom of Great Britain and Northern Ireland Market PE Ratio | Median Figure of 790 Publicly-Listed Companies | 16.24x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Cairn Energy.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = LSE:CNE Share Price ÷ EPS (both in USD) = 2.15 ÷ -1.96 |
-1.1x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cairn Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
- Cairn Energy is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does
Cairn Energy's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.1x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts |
136.9%per year |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio | Median Figure of 20 Publicly-Listed Oil and Gas Companies | 0.7x |
| United Kingdom of Great Britain and Northern Ireland Market PEG Ratio | Median Figure of 573 Publicly-Listed Companies | 1.5x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Cairn Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Cairn Energy's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $2.39 |
| LSE:CNE Share Price * | LSE (2019-05-17) in GBP | £1.69 |
| LSE:CNE Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.273 | $2.15 |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio | Median Figure of 102 Publicly-Listed Oil and Gas Companies | 0.85x |
| United Kingdom of Great Britain and Northern Ireland Market PB Ratio | Median Figure of 1,368 Publicly-Listed Companies | 1.51x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = LSE:CNE Share Price ÷ Book Value per Share (both in USD) = 2.15 ÷ 2.39 |
0.9x |
* Primary Listing of Cairn Energy.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cairn Energy is overvalued based on assets compared to the GB Oil and Gas industry average.
Value checks
We assess Cairn Energy's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Cairn Energy has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Cairn Energy's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
- Cairn Energy's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
- Cairn Energy's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| LSE:CNE Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts | 136.9% |
| LSE:CNE Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts | 7.2% |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 11.9% |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 3.3% |
| United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 10.8% |
| United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 4.9% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 706 | 373 | 101 | 3 |
| 2022-12-31 | 536 | 318 | 31 | 3 |
| 2021-12-31 | 467 | 313 | 44 | 8 |
| 2020-12-31 | 474 | 271 | 81 | 14 |
| 2019-12-31 | 487 | 287 | 62 | 13 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 410 | 209 | -1,136 |
| 2018-09-30 | 308 | 114 | -745 |
| 2018-06-30 | 205 | 18 | -308 |
| 2018-03-31 | 119 | 23 | -23 |
| 2017-12-31 | 33 | 29 | 218 |
| 2017-09-30 | 22 | 34 | 116 |
| 2017-06-30 | 11 | 38 | 14 |
| 2017-03-31 | 5 | 9 | -41 |
| 2016-12-31 | -21 | -95 | |
| 2016-09-30 | -19 | -209 | |
| 2016-06-30 | -18 | -323 | |
| 2016-03-31 | -16 | -419 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
All data from Cairn Energy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 0.02 | 0.15 | -0.10 | 2.00 |
| 2022-12-31 | 0.02 | 0.05 | 0.00 | 2.00 |
| 2021-12-31 | 0.12 | 0.29 | 0.03 | 5.00 |
| 2020-12-31 | 0.09 | 0.18 | 0.01 | 12.00 |
| 2019-12-31 | 0.09 | 0.15 | 0.01 | 8.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | -1.96 |
| 2018-09-30 | -1.28 |
| 2018-06-30 | -0.53 |
| 2018-03-31 | -0.04 |
| 2017-12-31 | 0.38 |
| 2017-09-30 | 0.20 |
| 2017-06-30 | 0.02 |
| 2017-03-31 | -0.07 |
| 2016-12-31 | -0.17 |
| 2016-09-30 | -0.36 |
| 2016-06-30 | -0.56 |
| 2016-03-31 | -0.73 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Cairn Energy will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
Future performance checks
We assess Cairn Energy's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Cairn Energy has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Cairn Energy performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Cairn Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Cairn Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Cairn Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
All data from Cairn Energy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 410.30 | -1,135.50 | 98.60 | |
| 2018-09-30 | 307.60 | -744.55 | 111.80 | |
| 2018-06-30 | 204.90 | -308.30 | 122.60 | |
| 2018-03-31 | 119.10 | -22.60 | 106.80 | |
| 2017-12-31 | 33.30 | 217.80 | 93.40 | |
| 2017-09-30 | 22.05 | 115.75 | 89.35 | |
| 2017-06-30 | 10.80 | 13.70 | 85.30 | |
| 2017-03-31 | 5.40 | -40.65 | 95.25 | |
| 2016-12-31 | -95.00 | 105.20 | ||
| 2016-09-30 | -209.00 | 111.90 | ||
| 2016-06-30 | -323.00 | 118.60 | ||
| 2016-03-31 | -419.25 | 122.85 | ||
| 2015-12-31 | -515.50 | 127.10 | ||
| 2015-09-30 | -532.40 | 167.85 | ||
| 2015-06-30 | -549.30 | 208.60 | ||
| 2015-03-31 | -465.20 | 232.75 | ||
| 2014-12-31 | -381.10 | 256.90 | ||
| 2014-09-30 | -390.00 | 272.55 | ||
| 2014-06-30 | -398.90 | 288.20 | ||
| 2014-03-31 | -477.40 | 271.75 | ||
| 2013-12-31 | -555.90 | 255.30 | ||
| 2013-09-30 | -369.75 | 236.10 | ||
| 2013-06-30 | -183.60 | 216.90 | ||
| 2013-03-31 | -55.50 | 214.45 | ||
| 2012-12-31 | 72.60 | 212.00 | ||
| 2012-09-30 | -565.60 | 568.60 | ||
| 2012-06-30 | -1,203.80 | 925.20 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Cairn Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Cairn Energy has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Cairn Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Cairn Energy's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Cairn Energy has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Cairn Energy's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Cairn Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
- Cairn Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Cairn Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Cairn Energy Company Filings, last reported 4 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1,390.10 | 267.10 | 66.30 |
| 2018-09-30 | 1,390.10 | 267.10 | 66.30 |
| 2018-06-30 | 1,981.00 | 296.10 | 185.80 |
| 2018-03-31 | 1,981.00 | 296.10 | 185.80 |
| 2017-12-31 | 2,494.50 | 199.50 | 86.50 |
| 2017-09-30 | 2,494.50 | 199.50 | 86.50 |
| 2017-06-30 | 2,307.50 | 221.90 | 253.70 |
| 2017-03-31 | 2,307.50 | 221.90 | 253.70 |
| 2016-12-31 | 2,189.90 | 0.00 | 334.90 |
| 2016-09-30 | 2,189.90 | 0.00 | 334.90 |
| 2016-06-30 | 2,014.70 | 0.00 | 414.30 |
| 2016-03-31 | 2,014.70 | 0.00 | 414.30 |
| 2015-12-31 | 2,099.40 | 0.00 | 602.80 |
| 2015-09-30 | 2,099.40 | 0.00 | 602.80 |
| 2015-06-30 | 2,444.40 | 0.00 | 725.40 |
| 2015-03-31 | 2,444.40 | 0.00 | 725.40 |
| 2014-12-31 | 2,663.10 | 0.00 | 869.30 |
| 2014-09-30 | 2,663.10 | 0.00 | 869.30 |
| 2014-06-30 | 3,230.80 | 0.00 | 1,073.60 |
| 2014-03-31 | 3,230.80 | 0.00 | 1,073.60 |
| 2013-12-31 | 3,187.80 | 55.30 | 1,308.30 |
| 2013-09-30 | 3,187.80 | 55.30 | 1,308.30 |
| 2013-06-30 | 3,430.60 | 60.10 | 1,512.80 |
| 2013-03-31 | 3,430.60 | 60.10 | 1,512.80 |
| 2012-12-31 | 3,641.70 | 29.60 | 1,588.60 |
| 2012-09-30 | 3,641.70 | 29.60 | 1,588.60 |
| 2012-06-30 | 3,493.60 | 6.00 | 932.80 |
- Cairn Energy's level of debt (19.2%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (1.7% vs 19.2% today).
CASH RUNWAY ANALYSIS
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
- Cairn Energy has less than a year of cash runway based on current free cash flow.
- Cairn Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -18.4% each year.
Financial health checks
We assess Cairn Energy's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Cairn Energy has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Cairn Energy's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
£2,000 of
Cairn Energy
shares you are expected to receive
£0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Cairn Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Cairn Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 5.1% |
| United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield | Market Cap Weighted Average of 705 Stocks | 4.3% |
| United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1% |
| United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield | 25th Percentile | 2% |
| United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield | 75th Percentile | 5.2% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.00 | 1.00 |
| 2022-12-31 | 0.00 | 1.00 |
| 2021-12-31 | 0.00 | 3.00 |
| 2020-12-31 | 0.00 | 9.00 |
| 2019-12-31 | 0.00 | 9.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Cairn Energy has not reported any payouts.
- Unable to verify if Cairn Energy's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Cairn Energy's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Cairn Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Cairn Energy has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $2,992,615 |
| AGE | 53 |
| TENURE AS CEO | 7.8 years |
CEO Bio
Mr. Simon John Thomson has been the Chief Executive Officer of Cairn Energy Plc (Holding Company of Agora Oil and Gas AS) since July 1, 2011. Mr. Thomson serves as Chief Executive Officer of Cairn Energy plc and Legal and Commercial Director at Capricorn Oil Limited. He served as Legal & Commercial Director of Cairn Energy Plc since November 17, 2006, also served as Group Head of Assets and Group Commercial Manager. He joined Cairn in 1995 as a lawyer before transferring to the commercial department which he served as Group Commercial Manager. He is Non-executive director of Edinburgh Art Festival. He has been an Executive Director of Cairn Energy plc since November 17, 2006. He has been a Director of Medoil PLC since October 10, 2007. Mr. Thomson serves as a Director of Cairn Energy Bangladesh Ltd., Cairn Energy Birganj Limited, Cairn Energy Dhangari Limited, Cairn Energy Exploration and Production Company Limited, Cairn Energy Karnali Limited, Cairn Energy Lumbini Limited, Cairn Energy Malangawa Limited, Cairn Energy Nepal Holdings Limited, Cairn Energy Search Limited, Capricorn Energy Limited, Capricorn Exploration Limited, Capricorn Oil and Gas Limited, Capricorn Petroleum Limited and Plectrum Petroleum Plc. He serves as a Non-Executive Director of Graham's the Family Dairy Ltd. Mr. Thomson also holds directorships at Capricorn Greenland Exploration 1 Limited, Capricorn Greenland Exploration 2 Limited, Capricorn Greenland Exploration 3 Limited, Capricorn Greenland Exploration 4 Limited, Capricorn Greenland Exploration 5 Limited, Capricorn Greenland Exploration 6 Limited, Capricorn Greenland Exploration 7 Limited and Capricorn Greenland Exploration 8 Limited. He served as a Director of Energy Service Hub Ltd. (Dissolved), Wedge Property Company Ltd. (The), and Wedge Property (Holdings) Ltd. Mr. Thomson holds LL.B. from Aberdeen University and a Diploma of Legal Practice from Glasgow University.
CEO Compensation
- Simon's compensation has increased whilst company is loss making.
- Simon's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the Cairn Energy management team in years:
- The average tenure for the Cairn Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Simon Thomson
CEO & Executive Director
$3M
53
7.8 yrs
James Smith
CFO & Executive Director
$2M
41
5 yrs
Paul Mayland
Chief Operating Officer
6.3 yrs
David Nisbet
Head of Group Corporate Affairs
Duncan Wood
Company Secretary
20.6 yrs
Eric Hathon
Director of Exploration
12.1 yrs
Board of Directors Tenure
Average tenure and age of the Cairn Energy board of directors in years:
- The tenure for the Cairn Energy board of directors is about average.
Board of Directors
Ian Tyler
Non-Executive Chairman
$175K
58
5 yrs
Simon Thomson
CEO & Executive Director
$3M
53
12.5 yrs
James Smith
CFO & Executive Director
$2M
41
5 yrs
Keith Lough
Independent Non-Executive Director
$75K
59
4 yrs
Nicoletta Giadrossi-Morel
Independent Non-Executive Director
$73K
52
2.3 yrs
Todd Hunt
Non-Executive Director
$75K
65
16 yrs
Alexander Ferdinand Berger
Independent Non-Executive Director
$75K
52
9 yrs
Peter Kallos
Independent Non-Executive Director
$75K
59
3.7 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Cairn Energy insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14. Mar 19 | Buy | Miles Warner | Individual | 13. Mar 19 | 13. Mar 19 | 15,000 | £1.62 | £24,310 | ||
| 12. Dec 18 | Buy | Simon Thomson | Individual | 11. Dec 18 | 11. Dec 18 | 31,812 | £1.56 | £49,627 | ||
| 11. Sep 18 | Buy | Eric Hathon | Individual | 11. Sep 18 | 11. Sep 18 | 15,000 | £2.22 | £33,261 | ||
Management checks
We assess Cairn Energy's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Cairn Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
How Much Of Cairn Energy PLC (LON:CNE) Do Institutions Own?
View our latest analysis for Cairn Energy LSE:CNE Ownership Summary, May 15th 2019 What Does The Institutional Ownership Tell Us About Cairn Energy? … We can see that Cairn Energy does have institutional investors; and they hold 87% of the stock. … Insider Ownership Of Cairn Energy While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.
Simply Wall St - – Full articleDoes Market Volatility Impact Cairn Energy PLC's (LON:CNE) Share Price?
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.
Simply Wall St - – Full articleCairn Energy PLC (LON:CNE): Time For A Financial Health Check
While small-cap stocks, such as Cairn Energy PLC (LON:CNE) with its market cap of UK£996m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.
Simply Wall St - – Full articleCan You Imagine How Cairn Energy's Shareholders Feel About The 31% Share Price Increase?
Given that Cairn Energy didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … When a company doesn't yet make profits, we'd generally expect to see good revenue growth. … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
Simply Wall St - – Full articleIs Cairn Energy PLC's (LON:CNE) Balance Sheet A Threat To Its Future?
While small-cap stocks, such as Cairn Energy PLC (LON:CNE) with its market cap of UK£1.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleShould You Be Concerned About Cairn Energy PLC's (LON:CNE) Shareholders?
Today, I will be analyzing Cairn Energy PLC’s (LON:CNE) recent ownership structure, an important but not-so-popular subject among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine CNE's ownership structure in more detail.
Simply Wall St - – Full articleWill Cairn Energy PLC's (LON:CNE) Earnings Grow In The Years Ahead?
Cairn Energy PLC's (LON:CNE) latest earnings update in December 2017 … finally turned profitable
Simply Wall St - – Full articleIs Cairn Energy PLC (LON:CNE) Undervalued?
Cairn Energy PLC (LSE:CNE), an energy company based in United Kingdom, saw a significant share price rise of over 20% in the past couple of months on the LSE. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Cairn Energy, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
Simply Wall St - – Full articleWhat’s Installed For Cairn Energy PLC (LON:CNE)?
Below, I will examine the sector growth prospects, and also determine whether Cairn Energy is a laggard or leader relative to its energy sector peers. … As an industry laggard, Cairn Energy may be a cheaper stock relative to its peers. … Although the market is expecting lower growth for the company relative to its peers, Cairn Energy is also trading at a discount, meaning that there could be some value from a potential mispricing.
Simply Wall St - – Full articleIs Cairn Energy PLC's (LON:CNE) Balance Sheet Strong Enough To Weather A Storm?
How does CNE’s operating cash flow stack up against its debt? … Additionally, CNE has generated US$28.80M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 14.44%, signalling that CNE’s debt is not appropriately covered by operating cash. … CNE’s level of debt is low relative to its total equity, at 8.00%.
Simply Wall St - – Full articleCompany Info
Description
Cairn Energy PLC operates as an oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom; Norway; and the Atlantic Margin, including Senegal, Mexico, Suriname, Côte d'Ivoire, Mauritania, and the Republic of Ireland. Cairn Energy PLC was incorporated in 2002 and is headquartered in Edinburgh, the United Kingdom.
Details
| Name: | Cairn Energy PLC |
| CNE | |
| Exchange: | LSE |
| Founded: | 2002 |
| £981,170,436 | |
| 580,574,223 | |
| Website: | http://www.cairnenergy.com |
| Address: |
Cairn Energy PLC 50 Lothian Road, Edinburgh, EH3 9BY, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| LSE | CNE | Ordinary Shares | London Stock Exchange | GB | GBP | 02. Jan 1992 | |
| OTCPK | CRNZ.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | FKGC | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| BATS-CHIXE | CNEL | Ordinary Shares | BATS 'Chi-X Europe' | GB | GBP | 02. Jan 1992 | |
| OTCPK | CRNC.Y | ADR NEW | Pink Sheets LLC | US | USD | 17. Oct 2008 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/18 21:40 |
| End of day share price update: | 2019/05/17 00:00 |
| Last estimates confirmation: | 2019/05/15 |
| Last earnings filing: | 2019/03/12 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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 here.
