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← CockpitCompetitor Analysis › CNE.L Capricorn Energy PLCOpen in the cockpit ↗

Capricorn Energy PLCCNE.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Energy›Oil & Gas Production
Momentum strong 79
Mkt cap
$397M
US dollars, full cap
Free float
84%
of shares outstanding
$/day
$579,012
20-day average traded
Fwd P/E
21.4×
forward earnings
ROIC−WACC
+10.9 pp
WACC 8.1%
Hurdle
-238 pp
Req g minus delivered
Next earnings
146 days
1 Apr 2027
Close · GBP£418.00
1D+0.5%
1W-2.1%
1M-2.6%
3M+14.2%
6M+29.0%
YTD+114.1%
1Y+109.0%
ATR %1.3%
52w lowhigh7.1% off high

What Capricorn Energy does

No business profile yet.

Capricorn Energy at a glance

Size Capricorn Energy (CNE.L) is a United Kingdom Energy company (Oil & Gas Production) with a market value of $397M, the 326th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £418.00 on 6 Nov 2026.

Performance Over six months the shares gained 29.0%, against +1.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue grew 33.6% over the last twelve months (peer median +4.5%); the operating margin is 42.0% (peer median 10.6%).

Valuation It trades at 21.4× forward earnings against a peer median of 8.8× (4th most expensive of 19).

Price implies For today's price to make sense, revenue must grow about -19% a year for seven years (Req g). Recent delivered growth is +219%, so the hurdle is -238 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 10.9 points above its cost of capital (8.1% WACC).

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026CNE.L 128Peer median 95
Six months, rebased to 100: Capricorn Energy against the median of its 20 peers (local-currency closes).

Capricorn Energy financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£131M£102M£116M£162M£186M
Revenue growth—-12%-28%-13%—
Gross profit£58.3M£23.3M£7.36M-£27.5M-£76.6M
EBITDA£88.4M£51.4M£78.4M£72.2M£40.1M
Net income£35.4M£12.5M-£9.86M-£114M-£54.5M
Free cash flow£70.7M£53.4M£32.0M-£61.2M-£47.5M
Capital expenditure£81.0M£67.9M£32.6M£49.0M£97.5M
Total debtn/a£34.2M£84.2M£93.5M£135M

Quarterly statements and history in the cockpit →

Capricorn Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-10%0%+10%CLBCVVYAELFECSDTALGSPGTEWTIPRABHAGKPEGYGPRKVTSOBEENQGRNT300164SGYCNE.L6-month return →1-month return →
Up and to the right = strong over both horizons. Capricorn Energy is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%+50%0×200×400×CLBCVVYSNMAELFECSDTALGSPGTEWTIEGYVTSCNE.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Capricorn Energy is the large dot.

Capital: growth delivered against growth the price implies

0%+100%+200%0%100%200%CLBCVVYAELSDTALGTECNE.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Capricorn Energy is the large dot.

Capricorn Energy competitors and peer comparison

How Capricorn Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Capricorn Energy against its 20 peers (data as of 6 Nov 2026)
MeasureCNE.LPeer medianRank in peer set
1-month return-2.6%-10.9%5th highest of 21
6-month return+29.0%+1.2%3rd highest of 20
Distance from 52-week high-7.1%-26.9%highest of 21
Revenue growth (TTM)+33.6%+4.5%3rd highest of 21
Operating margin42.0%10.6%2nd highest of 21
Forward P/E21.4×8.8×4th most expensive of 19
Growth the price implies (Req g, 7 yrs)-19.1%-6.3%2nd least demanding of 12
Growth delivered (Del g)+218.6%+16.8%highest of 12
Hurdle (Req g minus delivered)-237.7 pp-19.8 ppleast demanding of 12
ROIC minus cost of capital+10.9 pp-1.3 pphighest of 19
EV / EBITDA2.4×3.7×2nd cheapest of 18
Net debt / EBITDA-0.9×1.0×least indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Capricorn Energy CNE.LUnited Kingdom$397M+29%+34%42%21.4×-19.1%+218.6%
Core Laboratories CLBUnited States$405M-33%0%7%13.8×11.0%+1.6%
Cavvy Energy CVVY.TOCanada$413M+29%+43%4%8.1×11.0%-3.3%
Shamaran Petroleum SNM.OLNorway$381Mn/a-5%45%7.4×n/an/a
Amplitude Energy AEL.AXAustralia$368M+8%+7%-10%8.8×-19.1%+16.8%
Frontera Energy FEC.TOCanada$344M-52%-52%-3%3.0×n/an/a
SandRidge Energy SDUnited States$463M-13%+30%42%5.9×-12.8%+7.0%
PetroTal TAL.TOCanada$335M-7%-27%23%5.1×-17.3%+37.6%
Gas Plus GSP.MIItaly$335M+17%+10%23%10.7×-14.0%+19.6%
Gran Tierra Energy GTE.TOCanada$333M+11%+7%4%309.2×-0.6%+22.0%
W&T Offshore WTIUnited States$479M-17%+20%5%498.4×3.9%+7.7%
Prabha Energy PRABHA.NSIndia$307M+23%+61%-5%n/an/an/a
Gulf Keystone Petroleum GKP.LUnited Kingdom$557M+1%+6%8%9.5×n/an/a
VAALCO Energy EGYUnited States$566M-4%-25%9%18.9×n/an/a
GeoPark GPRKUnited States$613M+1%-5%24%9.8×n/an/a
Vitesse Energy VTSUnited States$623M-17%+11%12%42.9×13.4%+21.5%
Obsidian Energy OBE.TOCanada$653M-21%-22%22%4.1×n/an/a
EnQuest ENQ.LUnited Kingdom$671M+40%+3%17%8.9×-9.1%+3.8%
Granite Ridge Resources GRNTUnited States$698M+6%+15%21%5.3×n/an/a
Tong Petrotech 300164.SZChina$705M-41%-12%-5%n/an/an/a
Surge Energy SGY.TOCanada$730M+7%+3%27%6.1×-6.3%+20.2%

Questions

Which companies are Capricorn Energy's closest peers?
The cockpit's peer set: Core Laboratories (CLB), Cavvy Energy (CVVY.TO), Shamaran Petroleum (SNM.OL), Amplitude Energy (AEL.AX), Frontera Energy (FEC.TO), SandRidge Energy (SD), PetroTal (TAL.TO), Gas Plus (GSP.MI).
Is Capricorn Energy expensive compared with its peers?
On forward p/e it trades at 21.4× against a peer median of 8.8×, 4th most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about -19% a year for seven years (Req g). Recent delivered growth is +219%, so the hurdle is -238 pp: the price already allows for a slowdown.
How has Capricorn Energy stock performed?
Over six months to 6 Nov 2026 the shares returned +29.0% against +1.2% for the median peer; over one year +109.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.