Capricorn Energy PLC (CNE)

Profile

https://www.capricornenergy.com

Capricorn Energy PLC is an independent, UK-based oil and gas exploration, development, and production company headquartered in Edinburgh, Scotland. Formerly known as Cairn Energy PLC until December 2021, it was founded in 1980 and has over 30 years of experience as a listed entity on the London Stock Exchange, operating across various global locations including the UK, Egypt, Mexico, Senegal, Israel, Côte d'Ivoire, and Suriname. The company focuses on cash flow generation through its portfolio of onshore development and production assets, particularly in the Egyptian Western Desert and Mexico segments, while engaging in worldwide exploration and sales of oil and gas. Capricorn Energy PLC maintains a strong commitment to regulatory compliance, participating in initiatives like the Extractive Industries Transparency Initiative in Senegal and reporting payments to governments under UK and EU directives. With a lean team of approximately 45 employees led by CEO Randall Neely, it navigates diverse tax obligations and emphasizes operational expertise throughout the oil and gas lifecycle. This positions Capricorn Energy PLC as a key player in the energy sector's upstream activities.