NewMed Energy/​Capricorn: Positive Spread
Althugh the terms were greatly improved vs. the failed Tullow berger, top shareholders have spoken out against the sale to NewMed and argue that...
438 Views
NewMed Energy/Capricorn: Agreed Reverse Takeover, Bye Bye Tullow
With the announcement of the combination with Tullow, Capricorn put itself up for sale. The deal with NewMed provides arguably more security to...
329 Views
Tullow/Capricorn: Unsuitable on Current Terms
On Friday 9 September, the closing share price of Capricorn was 240.2p, a c. 29% premium vs. the exchange equation (186.46p). The Board of...
327 Views
Tullow Oil/Capricorn Energy: Lowering Leverage
Tullow Oil is seeking access to the cash pile of Capricorn, while Capricorn benefits from Tullow's production, reserves and FCF generation, all in...
471 Views
2019 Energy Market Themes & Stocks with Exposure: Focus on Oil, Refining, LNG, M&A & Renewables
We run through our views on the main themes that will impact the oil and gas market in 2019 and the stocks to play these through. We outline the...
811 Views