OverviewSuggest Edit

Cairn Energy is a United Kingdom-based independent oil and gas exploration and development company. The Company's strategy is to deliver value for stakeholders by building and maintaining a balanced portfolio of exploration, development and production assets within the oil and gas lifecycle.
TypePublic
Founded1981
HQEdinburgh, GB
Websitecairnenergy.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Sept 2020)252
Revenue (FY, 2018)£324.1 M(+1133%)
Share Price (Oct 2020)£1.5 (+2%)
Cybersecurity ratingBMore

Key People/Management at Cairn Energy

Simon Thomson

Simon Thomson

Chief Executive
James Smith

James Smith

Chief Financial Officer
Ian Tyler

Ian Tyler

Non-Executive Director
Peter Kallos

Peter Kallos

Non-Executive Director
Alison Wood

Alison Wood

Non-Executive Director
Catherine Krajicek

Catherine Krajicek

Non-Executive Director
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Cairn Energy Office Locations

Cairn Energy has offices in Edinburgh, London, Ciudad de México and Dakar
Edinburgh, GB (HQ)
50 Lothian Rd
London, GB
Wellington House, 125-130 Strand
Ciudad de México, MX
Av. Paseo de la Reforma 505, Cuauhtémoc
Dakar, SN
Rue AAB 38
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Cairn Energy Financials and Metrics

Cairn Energy Revenue

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Cairn Energy's revenue was reported to be £324.12 m in FY, 2018
GBP

Revenue (FY, 2018)

324.1m

Gross profit (FY, 2018)

85.1m

Gross profit margin (FY, 2018), %

26.2%

Net income (FY, 2018)

(897.0m)

EBIT (FY, 2018)

143.9m

Market capitalization (2-Oct-2020)

887.6m

Closing stock price (2-Oct-2020)

1.5

Cash (31-Dec-2018)

52.4m

EV

1.0b
Cairn Energy's current market capitalization is £887.6 m.
GBPFY, 2017FY, 2018

Revenue

26.3m324.1m

Cost of goods sold

21.1m239.0m

Gross profit

5.2m85.1m

Gross profit Margin, %

20%26%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

869.3m463.9m252.3m68.3m52.4m

Accounts Receivable

5.6m4.6m30.9m

Inventories

5.0m538.7k8.2m6.5m

Current Assets

1.2b604.4m357.6m172.5m191.2m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

(9.3m)(11.6m)(15.5m)23.2m165.1m

Cash From Investing Activities

(285.6m)(182.7m)(186.2m)(234.8m)(219.9m)

Cash From Financing Activities

(136.6m)(4.8m)(3.1m)14.1m38.4m

Net Change in Cash

(431.5m)(199.1m)(204.8m)(197.5m)(16.4m)
GBPFY, 2014

Financial Leverage

1.1 x
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Cairn Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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Cairn Energy Online and Social Media Presence

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Cairn Energy News and Updates

Cairn Energy plunges to $324m loss after hefty one-off charge

Oil explorer Cairn Energy today booked a $324m (£251.8m) loss for the first half after it was hit by a The post Cairn Energy plunges to $324m loss after hefty one-off charge appeared first on CityAM.

Cairn Energy quits Norway with $100m subsidiary sale

Edinburgh-headquartered Cairn Energy this morning announced it would sell its final Norwegian oil subsidiary to Solveig Gas for $100m (£77.7m). [...] The post Cairn Energy quits Norway with $100m subsidiary sale appeared first on CityAM.

Cairn Energy shares drop 10 per cent

Shares in Cairn Energy slumped more than 10 per cent this morning after the oil company revealed that it was [...] The post Cairn Energy shares drop 10 per cent appeared first on CityAM.

Taxman Sells Cairn Energy Shares To Recover Retrospective Dues

Vedanta’s filing for the quarter ended September didn’t mention that the Income Tax Department was holding Cairn Energy’s stake.

I-T department sells more Cairn Energy shares to recover retro tax

Cairn reported a loss of $500.5 million during the January-June period of 2018-19 as a result of de-recognition and loss of financial assets in India

Income Tax Dept sells more shares of Cairn Energy to recover retro tax

The Income Tax Department has sold more of Cairn Energy Plc's shares in mining major Vedanta Ltd to recover a part of the Rs 10,247 crore retrospective tax demand, the British firm said Tuesday. The Income Tax Department, which had in May and June sold a little under 2 per cent Cairn's holding in Ve…
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Cairn Energy Frequently Asked Questions

  • When was Cairn Energy founded?

    Cairn Energy was founded in 1981.

  • Who are Cairn Energy key executives?

    Cairn Energy's key executives are Simon Thomson, James Smith and Ian Tyler.

  • How many employees does Cairn Energy have?

    Cairn Energy has 252 employees.

  • What is Cairn Energy revenue?

    Latest Cairn Energy annual revenue is £324.1 m.

  • What is Cairn Energy revenue per employee?

    Latest Cairn Energy revenue per employee is £1.3 m.

  • Who are Cairn Energy competitors?

    Competitors of Cairn Energy include Clean Harbors, Equinox Engineering and Clontarf Energy.

  • Where is Cairn Energy headquarters?

    Cairn Energy headquarters is located at 50 Lothian Rd, Edinburgh.

  • Where are Cairn Energy offices?

    Cairn Energy has offices in Edinburgh, London, Ciudad de México and Dakar.

  • How many offices does Cairn Energy have?

    Cairn Energy has 4 offices.