Capricorn Energy PLC (LON:CNE) Announces Dividend of GBX 43

Capricorn Energy PLC (LON:CNE) announced a dividend on Wednesday, April 17th, Upcoming.Co.Uk reports. Investors of record on Friday, May 24th will be paid a dividend of GBX 43 ($0.54) per share by the oil and gas development company on Friday, June 7th. The ex-dividend date is Friday, May 24th. The official announcement can be seen at this link.

Capricorn Energy Stock Down 1.7 %

Shares of Capricorn Energy stock opened at GBX 162 ($2.02) on Thursday. The company has a quick ratio of 6.29, a current ratio of 4.17 and a debt-to-equity ratio of 24.12. The firm has a market cap of £149.04 million, a P/E ratio of -149.82, a P/E/G ratio of -1.92 and a beta of 1.28. Capricorn Energy has a fifty-two week low of GBX 109.20 ($1.36) and a fifty-two week high of GBX 248 ($3.09). The business has a 50-day moving average price of GBX 141.20 and a 200 day moving average price of GBX 151.53.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their price target on shares of Capricorn Energy from GBX 160 ($1.99) to GBX 175 ($2.18) and gave the company a “hold” rating in a report on Thursday, April 4th.

About Capricorn Energy

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.