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Cairn Energy PLC CRNZF

Rating as of

Morningstar’s Analysis

Valuation
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

Cairn Energy PLC is an independent oil and gas exploration and development company. The company engages in exploration activities in Greenland, Europe, and western Africa. Cairn gains access to potential fields through government-issued licenses and uses survey techniques to identify hydrocarbon reservoirs offshore. Exploration and appraisal drilling is used to determine if prospects exist, and to establish field size and appropriate production methods. Cairn counts on different drilling and well stimulation techniques to maintain peak production levels in its assets. Production can be exported directly from offshore facilities or connected to nearshore or onshore facility for processing and export.

Contact
50 Lothian Road
Edinburgh, EH3 9BY, United Kingdom
T +44 1314753000
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 278