Cairn Energy chairman to stand down
7th May 2020 10:52
(Sharecast News) - Exploration and development firm Cairn Energy revealed on Thursday that long-standing chairman Ian Tyler would be standing down from the group.
Read moreFTSE 250 movers: Cairn Energy, Weir Group pace gains
5th May 2020 16:40
(Sharecast News) - Weir Group and Cairn Energy were among the top performers on the second-tier index on Tuesday as front month Brent crude oil climbed to its highest level in three weeks and West Texas Intermediate crude oil futures extended their recent rally with a 20% jump.
Read moreCairn Energy says Mexico well abandoned
5th May 2020 07:39
(Sharecast News) - Cairn Energy said an offshore exploration well in Mexico operated by Eni had been abandoned after failing to find any hydrocarbons.
Read moreWednesday broker round-up
29th Apr 2020 13:29
(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.
Read moreFTSE 250 movers: Hopes of Russian-Saudi detente boosts oilers
2nd Apr 2020 14:54
(Sharecast News) - Crude oil futures rallied amid hopes for a Russia-Saudi detente in their oil price war, helping to keep losses on London's second-tier index in check.
Read moreCairn Energy slashes costs amid pandemic, oil price collapse
27th Mar 2020 10:34
(Sharecast News) - Cairn Energy updated the market in light of the Covid-19 coronavirus pandemic on Friday, saying it was "proactively reviewing" each of its assets and related capital expenditure programmes.
Read moreFTSE 250 movers: Oil and Gas, and construction stocks move higher
24th Mar 2020 21:45
(Sharecast News) - Commodity and travel related stocks fared best as news of an imminent ramp-up in fiscal stimulus on both sides of the Atlantic enticed some investors to wade back into stocks.
Read moreCairn Energy swings to FY profit on improved revenues
10th Mar 2020 08:33
(Sharecast News) - Exploration and development firm Cairn Energy swung to a profit in 2019, partly thanks to improved revenues.
Read moreFTSE 250 movers: Travel and oil related issues pace declines
5th Mar 2020 16:03
(Sharecast News) - The Chinese coronavirus continued to be the common denominator behind share price movements on the second-tier index on Thursday, although there were some other factors at play, including Russia's reticence thus far to contribute to another reduction in OPEC+ oil production.
Read moreCairn Energy makes new oil discovery in Mexico's Sureste Basin
17th Feb 2020 08:46
(Sharecast News) - Exploration and development firm Cairn Energy has made a new oil discovery on the Saasken prospect, located in the Sureste Basin, offshore Mexico.
Read moreCairn Energy 2019 production at top end of guidance
21st Jan 2020 08:16
(Sharecast News) - Cairn Energy said on Tuesday that 2019 production came in at the upper end of guidance.
Read moreCairn Energy and partners sign final investment decision on Sangomar
15th Jan 2020 07:24
(Sharecast News) - Cairn Energy, along with its joint venture partners Woodside and FAR, has signed a joint final investment decision statement in agreement with Petrosen and the Government of Senegal over the Sangomar Field Development, it announced on Wednesday.
Read moreMonday broker round-up
13th Jan 2020 13:11
(Sharecast News) - Avast: JP Morgan upgrades to overweight with a target price of 550p.
Read moreFriday broker round-up
10th Jan 2020 12:57
(Sharecast News) - Polymetal International: Berenberg upgrades to buy with a target price of 1,480p.
Read moreCairn Energy confirms progress at Sangomar in Senegal
9th Jan 2020 09:01
(Sharecast News) - Cairn Energy reported the approval of the exploitation plan for the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore by the Senegal government on Thursday, along with the exploitation authorisation for the Sangomar Field development.
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