Capricorn Energy PLC (CNE) AI Stock Analysis

• Market Cap: £135.11M
• Dividend Yield: N/A
• Average Volume (3M): 128.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: -32.66%
• EPS Growth: 72.67%
• Country: UK
• Employees: 45
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.07
• Shares Outstanding: 70,558,340
• 10 Day Avg. Volume: 86,270
• 30 Day Avg. Volume: 128,279
• PEG Ratio: -0.25
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 1.61
• P/FCF Ratio: 6.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £369.33
• Price Target Upside: 87.48% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: 201.00p ▲(2.03% Upside)

Capricorn Energy's overall stock score is primarily influenced by its mixed financial performance and bearish technical indicators. While recent earnings call and corporate events provide positive strategic insights, the negative P/E ratio and lack of dividend yield weigh down the valuation score.

Positive Factors

Cost Management

Significant cost reductions enhance operational efficiency and profitability, allowing Capricorn Energy to allocate resources more effectively and improve financial stability over the long term.

Debt Management

Effective debt management and shareholder returns indicate strong financial discipline, enhancing Capricorn's balance sheet health and investor confidence, which supports long-term growth.

Production Sharing Contract

The new production sharing contract in Egypt improves fiscal terms and extends contract life, boosting reserves and production potential, which is crucial for sustained revenue growth.

Negative Factors

Revenue Volatility

Erratic revenue growth poses challenges for long-term planning and investment, potentially impacting Capricorn's ability to sustain operations and fund future projects consistently.

Operational Costs

Rising operational costs can erode profit margins and reduce financial flexibility, making it difficult for Capricorn to maintain competitive pricing and invest in growth initiatives.

Receivables Risk

Receivables risk from Egypt's fiscal issues could strain cash flow and liquidity, affecting Capricorn's ability to meet financial obligations and invest in future opportunities.

Capricorn Energy PLC Business Overview & Revenue Model

Company Description

Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021. Capricorn Energy PLC was founded in 1980 and is headquartered in Edinburgh, the United Kingdom.

How the Company Makes Money

Capricorn Energy makes money primarily through the exploration, production, and sale of oil and natural gas. The company generates revenue by extracting hydrocarbons from its operational assets and selling them in the global energy markets. Key revenue streams include the sale of crude oil, natural gas, and natural gas liquids. The company also benefits from cost-effective extraction methods and operational efficiencies that enhance profit margins. Additionally, Capricorn Energy may engage in joint ventures and partnerships with other energy companies, which can provide shared resources, reduced financial risks, and enhanced access to new markets. The fluctuating prices of oil and gas commodities, along with strategic asset management, play significant roles in influencing the company's overall financial performance.

Capricorn Energy PLC Financial Statement Overview

Summary

Capricorn Energy PLC shows mixed financial performance with recent profitability but historical volatility in revenue and profit margins. The balance sheet is stable with low debt, and cash flow has improved, but revenue challenges persist.

Income Statement

Capricorn Energy PLC has shown volatility in its revenue and profit margins over recent years. The gross profit margin has decreased significantly since 2019, and net income has been inconsistent with significant losses in some years. However, the company returned to profitability in 2024 with a modest net profit margin of 5.96%. Revenue growth has been erratic, with a notable decline from 2023 to 2024, indicating potential challenges in sustaining revenue streams.

Balance Sheet

The balance sheet reveals a moderate level of stability, supported by a declining debt-to-equity ratio over the years, reaching 0.30 by the end of 2024. This indicates a conservative leverage position. However, the equity ratio has slightly decreased, showing reduced shareholder equity relative to total assets. Despite this, Capricorn maintains a strong cash position with negative net debt, suggesting a solid liquidity position in the short term.

Cash Flow

Capricorn Energy's cash flow statement shows improvement in free cash flow in 2024, turning positive after a negative figure in 2023. The operating cash flow to net income ratio suggests sufficient cash generation relative to net earnings, yet historical fluctuations in free and operating cash flows highlight potential underlying operational challenges. The company's ability to generate positive free cash flow in recent periods is a positive indicator.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	156.80M	177.90M	255.10M	229.60M	57.10M	400.00K
Gross Profit	34.00M	51.20M	75.10M	149.20M	20.80M	-11.70M
EBITDA	102.80M	116.30M	41.70M	3.30M	950.40M	72.60M
Net Income	2.30M	10.60M	-144.00M	-67.10M	894.50M	-393.80M
Balance Sheet
Total Assets	537.20M	619.70M	667.60M	1.53B	2.25B	1.64B
Cash, Cash Equivalents and Short-Term Investments	84.10M	123.40M	189.50M	891.20M	400.70M	574.80M
Total Debt	69.50M	105.40M	119.20M	162.90M	180.70M	240.00M
Total Liabilities	188.60M	270.40M	261.10M	341.40M	447.80M	509.70M
Stockholders Equity	348.60M	349.30M	406.50M	1.12B	1.80B	1.13B
Cash Flow
Free Cash Flow	-8.80M	44.50M	-100.80M	-10.40M	153.00M	-16.20M
Operating Cash Flow	44.00M	86.10M	-39.90M	63.50M	179.90M	257.90M
Investing Cash Flow	-26.20M	-51.30M	120.80M	963.90M	-296.00M	225.60M
Financing Cash Flow	-68.70M	-97.30M	-646.20M	-579.60M	-147.90M	-69.30M

Capricorn Energy PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 197.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CNE, the sentiment is Positive. The current price of 197 is above the 20-day moving average (MA) of 194.14, above the 50-day MA of 196.91, and below the 200-day MA of 218.68, indicating a neutral trend. The MACD of -1.30 indicates Negative momentum. The RSI at 51.82 is Neutral, neither overbought nor oversold. The STOCH value of 54.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CNE.

Capricorn Energy PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SAVE	64 Neutral	£145.26M	1.07	34.81%	―	7.74%	―
GENL	56 Neutral	$168.23M	-4.00	-11.54%	―	-0.20%	-25.68%
JSE	54 Neutral	£128.51M	8.45	56.01%	―	4.56%	―
TLW	53 Neutral	£103.40M	-0.65	―	―	-32.47%	-1490.91%
CNE	52 Neutral	£135.11M	-8.48	-6.29%	―	-32.66%	72.67%
KIST	44 Neutral	£167.38M	―	-92.03%	―	-16.87%	21.18%

Capricorn Energy PLC Corporate Events

Capricorn Energy PLC Announces Total Voting Rights

Capricorn Energy PLC announced the total number of shares in its capital as of November 28, 2025, which stands at 70,558,339 ordinary shares, each with voting rights. This information is crucial for shareholders as it helps them determine their interests in the company under the Disclosure and Transparency Rules.

Capricorn Energy PLC Announces Total Voting Rights Update

Capricorn Energy PLC announced its total voting rights as of 31 October 2025, reporting 70,558,339 ordinary shares in issue, each with voting rights attached. This information is crucial for shareholders to determine their notification requirements under the Disclosure and Transparency Rules, impacting how they manage their interests in the company.

Capricorn Energy Advances Egyptian Ventures Amid Strong Financial Inflows

Capricorn Energy PLC has received $50 million from the Egyptian General Petroleum Corporation, contributing to a total of $102 million received since June 2025, with accounts receivable now approximately $115 million. The company is continuing its investments in Egyptian assets, advancing into Phase 2 at South East Horus with partner Cheiron, and pursuing a new development lease on the North Um Baraka concession. Despite relinquishing the West El Fayoum block, Capricorn is on track to exceed its mid-point production guidance for FY25, averaging 19,924 boepd to mid-October.

Capricorn Energy PLC Announces Total Voting Rights Update

Capricorn Energy PLC has announced its total voting rights as of 30 September 2025, reporting a total of 70,558,339 ordinary shares in issue, each with voting rights attached. This information is crucial for shareholders to determine their notification obligations under the Disclosure and Transparency Rules.

Capricorn Energy Reports Solid H1 2025 Performance and Strategic Progress in Egypt

Capricorn Energy PLC reported solid operational performance in the first half of 2025, with progress in its Egyptian portfolio, including the consolidation of eight concession agreements into a single integrated agreement, pending parliamentary ratification. This move is expected to unlock significant resources and increase production and reserves. The company is on track to meet its annual production guidance and continues to focus on cash flow growth through diversification and strategic investments. With a stable receivables balance and anticipated payments from the Egyptian General Petroleum Corporation, Capricorn is well-positioned for future growth and is actively evaluating M&A opportunities to enhance shareholder value.