Share Cairn Energy trading with a premium in oil & gas sector

The English stock Cairn Energy Energy is currently traded with one the highest CAPE-ratios of the oil & gas producers. Currently the share is now traded at 152 times the past 10 year's average EPS (CAPE / Shiller PE). With this the stock trades significantly higher than the average US stock of the oil & gas producers which now costs 25 times the average 10-years EPS.

Core figures US oil & gas producers

We further see that over the past year the American oil & gas producers yielded -6 percent lower. They performed worse than the European sector that yielded -6 percent lower. The American sector trades with a CAPE-ratio of 30 and the European sector trades at 81. So it seems there is a correlation with the CAPE-ratio as the risen stocks also have higher CAPE-ratios.

Over the current book year the total revenue will be 490,06 million GBp (consensus estimates). This is quite more than 2017's revenue of 410,3 million GBp.

Historical revenues and results Cairn Energy Energy plus estimates 2018

The analysts expect for 2018 a net profit of 82 million GBp. For this year the consensus of the result per share is a profit of 13 GBp. So the price/earnings-ratio equals 12,52.

Analysts don't expect the company to pay a dividend. The average dividend yield of the oil & gas producers equals a limited 1 percent.

Based on the current number of outstanding shares Cairn Energy Energy's market capitalization is 94,95 billion GBp. The Cairn Energy Energy stock was the past 12 months quite unstable. Since last April the stock is 21 percent lower. This year the stock price moved between 138 and 271 GBp. Since 2008 the stock price is almost 37 percent lower.

Historical stock prices Cairn Energy Energy

At 10.17 the stock trades 0,18 percent lower at 162,8 GBp.

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