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Cairn Energy

Time to get involved?

Cairn Energy reports 2018 net production of 17.5K barrels

  • 2018 Net production for Catcher & Kraken averaged 17.5K barrels/day.
  • Guidance was for 17-20K; Forecasts 2019 production of 19-22K
  • Current share price 188.5p (at time of writing).
  • Shares -31.5% from 2018 highs; +34.1% from 2018 lows; +25.7% year-to-date
  • Will this production update help the shares?
  • Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Cairn Energy – An Example

Let’s say you think that Cairn is likely to rise as a result of this news. You decide to buy exposure to £10,000 worth of Cairn using a CFD, at the current price of 188.5p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Cairn  share price rises by 10% following the news. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Cairn shares fall back 5% and hits your stop-loss. Your loss would be £500

This is provided for information purposes only. It should not be taken as a recommendation.

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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