Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Capricorn Energy PLC ( (GB:CNE) ).
Capricorn Energy PLC has completed the sale of its production sharing contract interests in Senegal, receiving a $50 million payment from Woodside Energy. The company intends to distribute available proceeds from this payment to shareholders, though the timing and amount depend on resolving any tax disputes as previously mentioned in their financial results.
More about Capricorn Energy PLC
Capricorn Energy PLC is a cash flow-focused energy producer with a portfolio of onshore exploration, development, and production assets located in the Egyptian Western Desert.
YTD Price Performance: 13.14%
Average Trading Volume: 45,037
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £231.6M
See more data about CNE stock on TipRanks’ Stock Analysis page.
