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Enquest Plc

ENQ.L

Latest Trade

12.30GBp

Change

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Today's Range

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52 Week Range

7.07

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30.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
12.30
Open
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Volume
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3M AVG Volume
168.68
Today's High
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Today's Low
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52 Week High
30.00
52 Week Low
7.07
Shares Out (MIL)
1,695.80
Market Cap (MIL)
209.58
Forward P/E
-2.49
Dividend (Yield %)
--

Next Event

Half Year 2020 EnQuest PLC Earnings Release

Latest Developments

More

Enquest PLC Says Performance Remains Materially Unaffected By COVID-19

EnQuest Says $5/bbl oil price rise would mean $80 mln cash flow addition

EnQuest FY Production Rises, Targets Lower CapEx In Current Year

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About Enquest Plc

EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company's principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields. Its geographical segments include the North Sea and Malaysia. The Company's the United Kingdom assets include its interests in the producing operated oil fields Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area and Alma/Galia, also in the Kraken and Scolty/Crathes developments. The Company also has a non operated interest in the producing Alba oil field. In Malaysia, the Company's operated assets include the PM8/Seligi Production Sharing Contract and the Tanjong Baram Risk Services Contract. Its subsidiaries include EnQuest Britain Limited, EnQuest Marketing and Trading Limited, and NSIP (GKA) Limited.

Industry

Oil & Gas Operations

Contact Info

5th Fl, Cunard HSE, 15 Regent Street

SW1Y 4LR

United Kingdom

+44.20.79254900

http://www.enquest.com/

Executive Leadership

Martin J. Houston

Non-Executive Independent Chairman of the Board

Amjad Bseisu

Chief Executive, Executive Director

Jonathan Swinney

Chief Financial Officer, Executive Director

Imran Malik

Vice President - Finance

Salman Malik

Vice President - Strategy and Corporate Development, International Business Development

Key Stats

2.88 mean rating - 8 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.6K

2018

1.3K

2019

1.6K

2020(E)

1.0K
EPS (USD)

2017

-0.026

2018

0.060

2019

0.130

2020(E)

-0.060
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.15
Price To Book (MRQ)
0.46
Price To Cash Flow (TTM)
3.03
Total Debt To Equity (MRQ)
418.81
LT Debt To Equity (MRQ)
371.06
Return on Investment (TTM)
-10.47
Return on Equity (TTM)
-8.61

Latest News

Latest News

UK North Sea oil producer EnQuest lowers 2020 breakeven to $33 per barrel

British North Sea oil and gas producer EnQuest <ENQ.L> cut its operating costs by a further $40 million to $335 million from previous guidance and senior management will take a voluntary 20% pay cut to weather an oil price slump, it said on Thursday.

Britain's oil industry calls on public purse as first fields shut

Britain's oil and gas sector called on the government on Thursday to help it survive, as an oil price crash triggered the first field shutdowns in the North Sea, home of the Brent crude stream that underpins global oil prices.

EnQuest to break even in 2020 at $38/bbl oil price, shuts fields

EnQuest <ENQ.L> aims to break even this year at $38 a barrel and does not expect to restart its Heather and Thistle/Deveron fields, which produced 6,000 barrel of oil equivalent per day (boed) last year, the British North Sea oil and gas producer said on Thursday.

EnQuest to break even in 2020 at $38/bbl oil price, shuts fields

British North Sea oil and gas producer EnQuest said on Thursday it aims to break even this year at $38 a barrel and does not expect to restart its Heather and Thistle/Deveron fields, which produced 6,000 barrel of oil equivalent per day (boed) last year.

Cairn revises up Kraken oil field reserves, reversing impairment

Cairn Energy <CNE.L> on Tuesday revised up reserves at its British North Sea Kraken oil field, which is majority-owned by EnQuest <ENQ.L>, effectively reversing a $163 million impairment it had booked on a Kraken downgrade a year ago.

Oil firm EnQuest's cash flow at $138 million in first half

North Sea focused oil firm EnQuest more than doubled its free cash flow to $138 million in the first half, boosted by bigger production, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year.

Oil firm EnQuest chips away at debt, plans drilling

North Sea focused oil firm EnQuest is chipping away at its debt pile, which was at around $1.6 billion at the end of June, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year.

EnQuest to cut jobs at Sullom Voe Terminal in North Sea

British oil producer EnQuest <ENQ.L> on Wednesday said it will cut 80 jobs at its Sullom Voe Terminal in the Shetland region of the North Sea.

EnQuest sees debt reduction on track, reaffirms output guidance

British North Sea-focused oil producer EnQuest had reduced its net debt to $1.724 billion (1.36 billion pounds) by the end of April from $1.774 billion at the end of 2018, it said on Thursday, also reaffirming its output guidance.

EnQuest sees debt reduction on track, reaffirms output guidance

British North Sea focused oil producer EnQuest had reduced its net debt to $1.724 billion by the end of April from $1.774 billion at the end of 2018, it said on Thursday, reaffirming its output guidance.

Oil firm EnQuest to focus on cutting debt as profits jump

North Sea focused oil producer EnQuest on Thursday committed to continue efforts to cut its $1.77 billion debt this year after reporting a jump in full-year profits on the back of increased production.

Oil firm EnQuest to keep focus on cutting debt as earnings improve

British oil producer EnQuest said on Thursday it would keep its focus on reducing its $1.77 billion debt this year after 2018 saw core earnings more than double from a year earlier to $716.3 million due to higher output.

EnQuest shares slump to three-year low after partner downgrades Kraken oilfield reserves

British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth.

RPT-EnQuest gets first dibs on stakes in future Seapulse discoveries

British oil producer EnQuest has sealed a deal with explorer Seapulse that will put it first in line to help develop over four billion barrels' worth of prospective resources the company is investigating, Seapulse said.

EnQuest gets first dibs on stakes in future Seapulse discoveries

British oil producer EnQuest has sealed a deal with explorer Seapulse that will put it first in line to help develop over four billion barrels' worth of prospective resources the company is investigating, Seapulse said.

Oil firm EnQuest's focus remains on slashing $1.77 billion debt

EnQuest cut its net debt to around $1.77 billion (£1.4 billion) at the end of 2018 from $1.9 billion a year earlier, the British North Sea-focused oil company said on Tuesday, adding it expected higher output this year to help it reduce debt further.

Oil firm EnQuest sees 2019 output rise to at least 63,000 boepd

British North Sea-focused oil firm EnQuest expects to raise its production this year at least 14 percent to between 63,000 and 70,000 barrels of oil equivalent per day (boepd), it said on Tuesday.

EnQuest sees 20 percent higher oil production in 2019

EnQuest <ENQ.L> expects to produce about 20 percent more oil next year as the indebted British North Sea producer strives to recover from a series of minor setbacks at its flagship field.

EnQuest sees 20 percent higher oil production in 2019

EnQuest Plc said on Wednesday that it expects to produce between 63,000 to 70,000 barrels of oil equivalent per day (boepd) in 2019, about 20 percent higher than this year and mainly driven by the Magnus oilfield.

EnQuest aborted sales talks for Kraken stake due to debt deadline: sources

EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approached, industry and banking sources said.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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