Ripley94
26 Jul 2019
Bernstein maint 340p tgt CNE… XXXX ATLANTIC had it as a buy Tuesday 23rd @163p. Lower by the Friday 160p
Ripley94
26 Jun 2018
Bernstein maint 340p tgt CNE… XXXX I see i came in Sept 7th 2015 . Alerted today but i see it was higher 267p in May .
steel-spagetti
15 May 2018
Price rise ? Threat of war closing the Straits , which channel the oil from MiddleEast !!Fingers crossed
reaist
15 May 2018
AGM Statement Not sure what's driving today's gain.
calumvs1
02 May 2018
Re: Oil $70 Lots of waiting in this game
jimmy24
26 Mar 2018
Oil $70 Cairn due a substantial re rating at $7o per bbl oil priceJ
Flashboy
13 Mar 2018
forward looking forward looking results, lots of projects to look forwards to. happy to hold.
II Editor
13 Mar 2018
NEW ARTICLE: The Oil Man: Cairn Energy "WTI $61.36 -68c, Brent $64.95 -54c, Diff -$3.59 +14c, NG $2.78 +5cAs I mentioned yesterday, crude oil was marked back first thing and never recovered, probably ahead of an uncertain week of inventory stats. At this time of year analysts are ..."[link]
JohnyCash
12 Mar 2018
ShareCast News 12/03/2018Cairn Energy was boosted as Morgan Stanley hiked its rating to 'overweight' with a 300p target. Analysts see more potential in its SNE offshore Senegal project than the market seems to be attributing. A 5% stake in Vedanta Resources could be worth nothing or up to 100p per share depending on the result of arbitration on a tax claim made by the Indian government."Assuming a $65 a barrel real Brent price, the SNE project in Senegal could be worth around 160p or 80% of the share price. We believe the market is only rewarding for 60 per cent of that value. Cairn has been making steady progress on SNE and a final investment decision is now less than a year away in end-2018."
jimmy24
10 Mar 2018
Re: Price of oil Should read global oil consumption is 35 billion bbls per year.
jimmy24
09 Mar 2018
Price of oil Bloomberg report that daily oil consumption will rise from current level of approx 98 million bbls per day to 120 million per day by 2030.Current oil consumption is equivalent to 35 billion bbls per day.New oil discoveries are a small fraction of 35 billion bbls. With exploration activity decimated in the last five years, it looks like we will go into another oil price super cycle.Great for those with reserves or productionJimmy
swiftbird
07 Feb 2018
Re: Trading update Sorry, old news. Apologies for the error. I was looking at the wrong Investors Chronicle mag. It's an age thing doh.
swiftbird
05 Feb 2018
Trading update CNE trading statement due tomorrow should be positive.
forwardloop
30 Jan 2018
broker upgrade - 300p [link]
jimmy24
27 Jan 2018
Barryroe oil field Talk by ND over at providence that cairn are the company who have agreed commercial terms to farm into the barryroe oilfield in Ireland. It has 340 million bbls of proven undeveloped independent reported reserves.The deals looks like drilling a well and sidetrack and back costs , cost of Circa $90 million to get 50% of field .Final investment decision to develop field after these wells. Opex on the field is $25 per bbl and only 25% corporation tax .So huge potential value here if indeed cairn are confirmed as the farm in partner who have agreed terms with pvr.Jimmy
