Company
LON:CNE
Capricorn Energy PLC is one of Europe’s leading independent upstream energy companies, headquartered in Edinburgh, UK. Historically it has discovered, developed and produced oil and gas in multiple settings throughout the world.
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US President Donald Trump's plans to increase defence spending may lend support to G4S while The Restaurant Group's new chief executive has plenty of work ahead after its struggles
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The Chancellor of the Exchequer may have a lower debt burden to deal with than he was expecting at the time of the Autumn Statement but he is unlikely to splurge
“Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view.
Drilling starts on the first well in the next programme, SNE-5, in late January and drilling on the SNE-6 will follow on after that.
“We will shortly embark on further exploration and appraisal drilling in Senegal," says chief executive Simon Thomson.
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How hard would you like your Brexit? The PM should give some clues in her speech today.
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Among the big retail names reporting are Burberry, Halfords and Pets at Home.
Analyst Mark Wilson says that exploration success or failure is one of the main factors that see stocks deviate from the commodity price trend.
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The first week back brought little in the way of news but there was plenty of analyst coverage across the sector.
Hurricane is coming off a very successful 2016, but hopes are high for 2017 as well.
Numis said: “Tullow remains (one of) the market’s preferred ways to play the oil price, however, after recent strong performance we believe the shares have run ahead of themselves”
FTSE 100 shares almost wiped out their gains on Wednesday after an “on paper” deal was struck by OPEC members to cut oil supply by 1.2mln barrels a day
Tullow's partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet.
The Four Yorkshiremen of the Apocalypse; I'm Backing Britain; Brucie; the Gnomes of Zurich; Britons to turn their back on European booze ... and other unlikely stories
Hurricane find highlights potential for smaller North Sea oilers
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William Hill is "in play" but probably out of the price range of its current suitors. Also covered: Antofagasta, BHP, Cairn, Shanta Gold
After adding nearly 500mln barrels to its contingent resource base offshore Senegal in the first half the oil firm has reason to be optimistic going into the next phase of drilling.
The dust is starting to settle after the EU referendum vote, which should mean companies can have a bit more confidence in forecasting the impact
UBS upgraded Cairn to ‘buy’ and a 220p price target suggests some 12% upside to Friday's higher share price of 196p.
UK taxpayer funded banks have so far reportedly refused to pass the rate cut on
