Capricorn Energy (CNE)

Sector:

Energy Producers

Index:

FTSE Small Cap

170.50p
   
  • Change Today:
      3.00p
  • 52 Week High: 375.76
  • 52 Week Low: 142.46
  • Currency: UK Pounds
  • Shares Issued: 72.15m
  • Volume: 215,538
  • Market Cap: £123.02m
  • RiskGrade: 219

FTSE 250 movers: oilers gush higher, Funding Circle falters

By Duncan Ferris

Date: Tuesday 23 Apr 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 index was down 0.14% at 19,863.81 in afternoon trade on Tuesday, as oil companies led the benchmark index higher on the back of a jump in the price of black gold.
Oilers Premier Oil, Cairn Energy and Tullow Oil were all on the way up, along with oilfield services providers Wood Group and Petrofac, after oil prices hit fresh highs as the Trump administration removed sanction waivers on Iranian imports.

Russ Mould, investment director at AJ Bell, said: "The US seems determined to ramp up the pressure on Iran for now. This may be partly in the view that Saudi Arabia and America itself can fill the gap left by the sanctions on Iran and stop oil prices from galloping too much above the $70 a barrel mark, using Brent crude as a benchmark, but for the moment American foreign policy is providing strong support to oil.

"Those investors who think further pressure on Iranian exports, coupled with careful production control from Saudi Arabia (as well as leading non-OPEC members such as Russia) and a benign global economic outlook, will provide sustained gains in the price of oil, there are plenty of ways to get involved, albeit with varying degrees of risk profile," Mould added.

At the other end of the leaderboard, Funding Circle dropped back down after rising at the end of last week on the back of a record level of loans under management during the first quarter, with The Times reporting over the Easter weekend that the peer-to-peer lending business is facing increased pressure from contemporaries such as Japanese giant, SoftBank.

Meanwhile Acacia Mining was lower ahead of the release of a trading statement later this week and Intu Properties also settled down after climbing on the back of the establishment of a joint-venture with Cale Street Investments for the development of its Derby shopping centre.

Finally, budget airline Wizz Air saw its share price fly lower as investors winced at the spike in the cost of oil.

Market Movers

FTSE 250 (MCX) 19,863.81 0.14%


FTSE 250 - Risers

Premier Oil (PMO) 107.05p 5.47%
Cairn Energy (CNE) 174.21p 5.14%
Wood Group (John) (WG.) 529.60p 4.87%
Indivior (INDV) 42.71p 4.17%
Games Workshop Group (GAW) 4,038.26p 3.70%
Petrofac Ltd. (PFC) 483.20p 3.38%
Mediclinic International (MDC) 350.50p 2.91%
Tullow Oil (TLW) 248.70p 2.77%
Card Factory (CARD) 205.40p 2.70%
Hays (HAS) 151.78p 2.55%

FTSE 250 - Fallers

Funding Circle Holdings (FCH) 307.50p -5.67%
Kier Group (KIE) 340.36p -4.82%
Acacia Mining (ACA) 155.20p -4.43%
Intu Properties (INTU) 97.54p -4.09%
Mitchells & Butlers (MAB) 257.00p -3.75%
Wizz Air Holdings (WIZZ) 3,369.00p -2.85%
Amigo Holdings (AMGO) 250.00p -2.72%
Hill & Smith Holdings (HILS) 1,266.00p -2.62%
Charter Court Financial Services Group (CCFS) 358.50p -2.58%
Dixons Carphone (DC.) 145.75p -2.51%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CNE Market Data

Currency UK Pounds
Share Price 170.50p
Change Today 3.00p
% Change 1.79 %
52 Week High 375.76
52 Week Low 142.46
Volume 215,538
Shares Issued 72.15m
Market Cap £123.02m
RiskGrade 219

CNE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.13% above the market average50.13% above the market average50.13% above the market average50.13% above the market average50.13% above the market average
34.21% above the sector average34.21% above the sector average34.21% above the sector average34.21% above the sector average34.21% above the sector average
Price Trend
71.43% below the market average71.43% below the market average71.43% below the market average71.43% below the market average71.43% below the market average
42.5% below the sector average42.5% below the sector average42.5% below the sector average42.5% below the sector average42.5% below the sector average
Income Not Available
Growth
28.57% above the market average28.57% above the market average28.57% above the market average28.57% above the market average28.57% above the market average
56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average56.86% above the sector average

CNE Dividends

  Latest Previous
  Special Special
Ex-Div 24-May-24 06-Oct-23
Paid 07-Jun-24 20-Oct-23
Amount 43.00p 56.00p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 53,601 @ 170.50p
16:35 211 @ 170.50p
16:35 99 @ 170.50p
16:35 253 @ 170.50p
16:35 4 @ 170.50p

CNE Key Personnel

CEO Randy Neely

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