Capricorn Energy PLC (FRA:FKG0)
€ 2.166 -0.1135 (-4.98%) Market Cap: 160.26 Mil Enterprise Value: 95.45 Mil PE Ratio: 0 PB Ratio: 0.43 GF Score: 46/100

Half Year 2019 Cairn Energy PLC Earnings Call Transcript

Sep 10, 2019 / 08:00AM GMT
Release Date Price: €9.27 (+1.95%)
Simon John Thomson
Cairn Energy PLC - CEO & Executive Director

Okay. Morning, everybody, and welcome to Cairn's results presentation. I'm Simon Thomson, Chief Executive. With me are James Smith, CFO; Paul Mayland, COO; and Eric Hathon, Exploration Director.

So as in usual way, we've got a presentation to run through with you this morning, and we'd be happy to take questions at the end. It is being webcast as usual, so there will be microphones available. If you have a question please state your name before asking it. I think everybody's been in this room before, but in the event of a fire alarm, you can see the exit sign there and the muster point is outside in the square.

Okay. Turning to the first slide. We believe that Cairn today can create, add and realize value for shareholders on a sustainable basis through a combination of these 3 things: the full-cycle E&P business that we have built, our focus -- continued focus on capital discipline and active portfolio management and the offering of multiple catalysts for shareholder value.

And looking at each of those in

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