Cairn Energy plc

No surprises in operational update; exploration is catalyst as ever for Cairn

  • Sectors : Resource
  • Companies : Cairn Energy plc

Ratings and price correct at time of issue.

  • Cairn Energy plc

    Closing Price: 185.1p

  • RATING 05/12/16

  • PREVIOUS RATING 24/03/14

    NEUTRAL

DAVY VIEW

With production and fiscal metrics generally in line, we see the busy exploration portfolio as the main organic catalyst to change market ratings in the year ahead. In a sense, this was always the case with Cairn.

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Jan 22 2019, 08:25 GMT

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