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Cairn Energy News

News on Cairn Energy (Ticker: 532792) continually updated from thousands of sources around the net.

Wednesday | Mydigitalfc.com

Cairn Energy seeks shareholder nod to sell Cairn India stake

The I-T Department had earlier this year restrained Cairn from selling the stake over alleged tax evasion on Rs 24,500 crore of capital gains made when it transfered its India assets to a new company, Cairn India, in 2006-07.

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Related Topix: Energy, Oil & Gas

Mon Apr 14, 2014

AmericanBankingNews.com

Cairn Energy PLC Stock Rating Reaffirmed by Numis Securities Ltd

's stock had its "buy" rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports.

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Related Topix: Energy, Oil & Gas

Fri Apr 11, 2014

AmericanBankingNews.com

Cairn Energy PLC (CNE) - Analysts' Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Cairn Energy PLC recently: Cairn Energy PLC had its "overweight" rating reaffirmed by analysts at HSBC.

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Related Topix: Energy, Oil & Gas

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Broker tips: Fresnillo, WH Smith, Cairn Energy, Gambling stocks

JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild .

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Related Topix: Financial Markets, Energy, Oil & Gas

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Cairn Energy boardroom departures 'unexpected', says UBS

UBS has kept a 'neutral' rating on Scottish oil and gas group Cairn Energy after the surprise departure of two high-level executives.

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Related Topix: Energy, Oil & Gas

Thu Apr 10, 2014

Live Charts

Cairn Energy's Deputy CEO and Managing Director step down

Cairn Energy's Deputy Chief Executive Officer Mike Watts, Managing Director and Chief Financial Officer Jann Brown are stepping down as executive directors of the company.

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Related Topix: Energy, Oil & Gas

Tue Apr 08, 2014

Seeking Alpha

Cairn Energy: Recent Share Price Decline Provides 80% Upside

Unwarranted asset freeze by Indian tax authorities, unsuccessful investment in Greenland as well as material capex expected on further development projects has caused 50% decline in share price.

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Related Topix: Energy, Oil & Gas

Thu Apr 03, 2014

The Telegraph

Cairn Energy suffers fresh tax trauma

New Delhi, April 3: Cairn Energy has been slapped with two more tax notices, which the Scottish explorer plans to counter vehemently.

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Related Topix: Energy, Oil & Gas, World News, India,

Mon Mar 31, 2014

Live Charts

FTSE 250 movers: Evraz continues to recover, miners gain

Steel producer Evraz continued its recent volatile moves on Monday, rising over seven per cent to the top of the risers list on the FTSE 250.

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Related Topix: Financial Markets, Energy, Oil & Gas

Thu Mar 27, 2014

Sunday Herald

Cairn Energy shares continue recovery

SHARES in Cairn Energy have continued their recent bounce back following broker updates and a near 100,000 purchase of stock by Sir Bill Gammell's wife.

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Related Topix: Energy, Oil & Gas

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FTSE 250 movers: WH Smith jumps on Investec target price increase

WH Smith was a strong riser after Investec reiterated its 'buy' rating on the stock and raised its target price from 1,200p to 1,400p ahead of its first-half results on April 10th.

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Related Topix: Energy, Oil & Gas

Wed Mar 26, 2014

Customer Interaction Solutions

Canacol Energy Ltd. Announces Director Resignation

Canacol Energy Ltd. announces that Mr. Gary Petersen has resigned from its Board of Directors effective March 25, 2014.

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Related Topix: Energy, Oil & Gas

Tue Mar 25, 2014

Sunday Herald

Cairn Energy directors' investments help firm rebound from falls

DIRECTORS at Cairn Energy have spent more than 223,000 on shares in the oil and gas explorer helping the price rebound 6% from recent falls.

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Related Topix: Energy, Oil & Gas

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FTSE 250 movers: 888 rises on strong full-year results

Online gaming group 888 rose on the back of a strong performance and a highly cash generative year, which prompted the proposal of an extra one-off dividend of 7.0 cents per share on top of a final dividend of 4.0 cents.

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Related Topix: Energy, Oil & Gas

Mon Mar 24, 2014

Sunday Herald

Indian tax inquiry takes toll on Cairn Energy as analysts adopt neutral stance

OIL explorer Cairn Energy has suffered another blow after previously enthusiastic analysts at Davy Research cut their stance on the stock to neutral from outperform.

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Related Topix: Energy, Oil & Gas

Sat Mar 22, 2014

Hispanic Business

Cairn Energy PLC Price Target Cut to GBX 304

The stock had a trading volume of 12,497,323 shares. has a one year low of GBX 163.00 and a one year high of GBX 309.60.

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Related Topix: Energy, Oil & Gas

Thu Mar 20, 2014

AmericanBankingNews.com

Cairn Energy PLC Lowered to Neutral at RBC Capital

They currently have a GBX 250 price target on the stock, down from their previous price target of GBX 350 .

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Related Topix: Energy, Oil & Gas

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Thursday broker round-up

Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell.

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Related Topix: Financial Services, HSBC Holdings, Banking, Energy, Oil & Gas

Wed Mar 19, 2014

Scotsman.com

Cairn suspends $300m share buyback over tax dispute

Cairn Energy spooked investors yesterday by halting its $300 million share buyback programme as it attempts to resolve a tax dispute with the authorities in India.

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Related Topix: Energy, Oil & Gas

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