ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ENQ Enquest Plc

15.68
0.36 (2.35%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Enquest Plc ENQ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.36 2.35% 15.68 16:35:16
Open Price Low Price High Price Close Price Previous Close
14.88 14.86 15.70 15.68 15.32
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Enquest ENQ Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 23/4/2024 22:40 by blackhorse23
Why ENQ always in loss ?? Why never ever paid any dividends?? BOD directors are corrupted!
Posted at 18/4/2024 13:31 by blackhorse23
Jp Morgan downgraded ENQ
Posted at 12/4/2024 09:15 by mirabeau
Maybe. Better to park those worries for another day, mindful that periods of stasis and drift invite extrapolation. Markets, fortunately, are often a lot more dynamic. For now though, and with no apologies for any implied cynicism, I present the 20 FTSE Small Cap (non-investment trust) stocks that Peel Hunt presumably sees as most vulnerable to the next surge of M&A frenzy: those with a market cap of at least £100mn, and an enterprise value to operating profit multiple of no more than seven. How many will fall to the sword in 2024?

Company TIDM Sector Sub-sector Price (£) Market cap (£mn) P/BV PE (FY+1) FCF Yield EV/EBIT EV/Sales GP/TA

CAB Payments CABP Finance Regional Banks 1.23 312.60 2.38 7.9 18% -3.7 -1.6 -

Costain COST Industrial Services Engineering & Construction 0.762 212.10 0.96 6.3 3% 1.8 0.1 22.4%

EnQuest ENQ Energy Minerals Oil & Gas Production 0.1542 292.09 0.82 2.1 50% 2.6 1.1 30.3%

Secure Trust Bank STB Finance Major Banks 7.02 132.12 0.38 3.2 - 2.7 1.3 -
Reach RCH Consumer Services Publishing: Newspapers 0.725 227.92 0.36 3.2 -1% 2.8 0.5 -

PayPoint PAY Finance Regional Banks 4.79 348.20 3.11 7.5 12% 3.5 1.3 -
Tullow Oil TLW Energy Minerals Oil & Gas Production 0.3502 510.01 -1.80 2.0 32% 3.6 1.9 16.6%

On The Beach OTB Consumer Services Other Consumer Services 1.68 280.45 1.66 11.6 8% 3.6 0.5 26.4%

Galliford Try GFRD Industrial Services Engineering & Construction 2.46 243.44 2.10 11.4 11% 3.7 0.1 14.2%
Smiths News SNWS Distribution Services Wholesale Distributors 0.4835 115.82 -7.03 4.7 13% 3.8 0.1 37.2%

Kenmare Resources KMR Non-Energy Minerals Other Metals/Minerals 3.615 322.55 0.36 5.7 9% 4.4 1.0 18.1%

International Personal Finance IPF Finance Finance/Rental/Leasing 1.095 245.27 - 5.8 - 4.6 1.0 -

Capital Limited CAPD Industrial Services Engineering & Construction 0.914 179.38 0.90 7.1 8% 4.8 0.8 30.9%

Liontrust Asset Management LIO Finance Investment Managers 6.68 428.64 1.93 10.2 9% 5.5 1.7 45.5%

McBride MCB Consumer Non-Durables Household/Personal Care 1.08 187.30 5.05 5.6 19% 5.6 0.3 56.2%

Norcros NXR Producer Manufacturing Building Products 1.815 162.62 0.77 6.0 9% 5.6 0.6 34.5%

Severfield SFR Industrial Services Engineering & Construction 0.578 178.91 0.82 7.1 5% 6.0 0.4 -

Capita CPI Commercial Services Miscellaneous Commercial Services 0.1394


Ocean Wilsons Holdings OCN Transportation Marine Shipping 13.6 480.94 1.02 8.6 9% 6.8 1.9 29.6%

Card Factory CARD Retail Trade Specialty Stores 0.935 323.17 1.19 7.0 11% 6.9 1.0
Posted at 11/4/2024 17:08 by clunes100
Confirmed today by ENQ IR - buybacks start this month!
Posted at 29/3/2024 11:34 by bomfin
On returns of $15 million. They will get an $80 million net saving on Kraken fpso from April 2025 onwards. Biesu very clear about that in questions and answers. With an effective 38% tax rate That`s still nearly £40 million better off/annum.

Next news ?

This showing on investor meet website.

Thu 11 Apr
14:00
ENQUEST PLC
ENQ
Results for the year ended 31 December 2023
Posted at 28/3/2024 08:58 by ashkv
SP: 14
ENQ Current Share Price vs 52 Week low of 11.38p on 13 Feb 24: 23.02%
ENQ Current Share Price vs 52 Week High of 19.72p on 3 Apr 23: -29.01%
Brent: $85.50
Shares Outstanding:
GBPUSD: 1.26
Production To End Feb 2024: 44,500
Production Mid-Guidance 2024 (Guidance 41,000 to 45,000): 43,000
Production Actual 2023 Production (Guidance 42,000 to 46,000): 43,812
Production Average (Actual) FY 2022: 47,259
Net Debt (USD) as of 29 Feb 24: $409,600,000
Market Cap (GBP): £268,229,407
Market Cap (USD): $337,969,053
ENTERPRISE VALUE (EV=Market Cap + Debt - Cash)(USD): $747,569,053
EV/Barrel(USD) Production To End Feb 2024: $16,799
EV/Barrel(USD) 2024 Mid-Guidance Production 43,000 Boe/d: $17,385
EV/Barrel(USD) Actual 2023 Production (Mid-Point): $17,063
EV/Barrel(USD) Average Production FY 2022: $15,819
Decommissioning Provision (FY 2023): $755,762,000
EV/Barrel(USD) including Decommissioning Provision: $34,313
2P Reserves BoE (Year End 2023): 175,000,000
EV/2P: $4.27
Posted at 22/3/2024 14:13 by american idiot
Expecting / hoping for a run up in the shareprice into next weeks results.

Optimistic on 2024 FY numbers & outlook as well.

Enquest have made huge strides over the past five or so years.

The doubts analysts had about Kraken reliability have been completely unfounded.

The management of Enquest are really first class.

A small divi would be nice short-term but think a share buy back would be more beneficial to shareholders longer-term.
Posted at 15/2/2024 09:21 by ashkv
USD 1 cent dividend is a measly

Shares Outstanding: * US 0.01 = $19,123,041.13

US 2 cents dividend = USD 38mn

Dividend Yield at a share price of 13p = 12.25% Dividend Yield

Very doable!!!

Though would prefer buybacks!!!

Dividends later!!!
Posted at 05/12/2023 15:51 by steelwatch
Subsequent release @ 15:30:

"EnQuest PLC ('EnQuest' or the 'Company') announced today, 5 December 2023, that the Company has applied for delisting of EnQuest's shares, short name ENQ, ISIN code GB00B635TG28, from Nasdaq Stockholm. Nasdaq Stockholm has now approved the application for delisting and has determined that the last day of trading of EnQuest's shares will be 19 December 2023. The Company's shares will remain listed on the London Stock Exchange"
Posted at 13/5/2023 02:40 by steelwatch
EnQuest to make Sullom Voe Terminal infrastructure ‘fit for purpose’

12/05/2023, 4:58 pm

The operator of the Sullom Voe Terminal, EnQuest (LON: ENQ), is planning to rework its processing facilities to make the site smaller and reflect “substantially” reduced production rates.

By making the size of the facilities more compact there would be extra space to host new energy opportunities such as hydrogen production – which is a key part of operator London-listed EnQuest’s future strategy at the site.

Meanwhile the company has confirmed it is reviewing its options for the power station at Sullom Voe Terminal.

The gas-fired station, which meets around 30 per cent of Shetland’s energy demand from surplus power, is set to go into standby mode after the isles connect to the national grid next year, according to network operator SSEN.

EnQuest said opportunities are being assessed for a potential connection to the Shetland grid that would “allow the terminal to operate on sustainable electricity in the future from Shetland’s onshore wind farms that are currently being developed”.

The project to modernise and make the terminal facilities more fit for purpose revolves around new stabilisation infrastructure.

It will allow for the existing process area and surge tanks to be taken out of service.

It will feature a new run of inlet pipework tied-in downstream of the existing East of Shetland Ninian crude pipeline pig receiver, routing the unstabilised oil through new inlet metering and a new indirect fired heater system.

The proposed development would be located on land within the terminal previously occupied by now removed LPG chilldown facilities.

Sullom Voe – crucial oil terminal
The terminal first took in oil in the late 1970s, and at its peak it was processing more than 1.5 million barrels of oil a day.

It takes in oil from fields to the east and west of Shetland, with tankers stopping by to fill up before shipping it elsewhere to refineries.

As production declines in the waters around Shetland, the terminal is much quieter now than it used to be – and it is left with infrastructure oversized for its needs.

In 1986 over 650 tankers used the port of Sullom Voe, but only 63 crude oil export tankers using the port in 2017/18, for example. There were six tankers over the last four week period.

A briefing note prepared as part of a planning submission says existing terminal facilities are operating “inefficiently” due to being oversized for current and future production rates.

This in turn means that the power demand at the site is higher than required.

There is also the factor of equipment and infrastructure ageing.

The planning submission said the terminal owners and operator recognise that ongoing oil processing at Sullom Voe is dependent on reducing the costs of running the facility.

They said the new stabilisation project has been crated to deliver the “optimum route to sustainable late life operations”.

Reviews are ongoing to allow the project to get the go-ahead later this year.

The new infrastructure is expected to include a 50m high flare – but the existing flare on site, which is double the size, is expected to stay in case it is needed. The new flare system has been designed to include a seal to avoid the need for flaring under normal operating conditions.

The overall flaring is expected to reduce.

Excess East of Shetland offgas from stabilisation which is surplus to fuel gas requirements will be treated, compressed and injected into the East of Shetland pipeline system or the Shetland Island Regional Gas Export (SIRGE) pipeline.

This will result in eliminating any continuous flaring of East of Shetland gas, and is a charge to current operations as just now all of this gas is used as fuel within the site’s power station.

‘Re-invented as a green site’
Planning documents say the project is “seen as one of the pre-cursors to allow SVT to be re-invented as a green energy site, while also making the stabilisation process itself more energy efficient”.

EnQuest has not been shy about revealing its desire to develop the site into a “new energy and decarbonisation hub” in the transition away from oil and gas.

It says the terminal has several competitive advantages in the emerging sector: “including a 1,000-acre industrial site with access to existing oil and gas pipeline infrastructure, deep water port and jetties, the highest wind capacity factor across Europe, and a highly-skilled workforce and local supply chain”.

It is assessing the potential to electrify nearby offshore oil and gas assets and planned developments through a grid connection supplemented with renewable power.

EnQuest also plans to “aggregate and use the excess energy” produced by onshore and offshore wind farms “near Sullom Voe” to make hydrogen and other products such as green ammonia or clean fuels.

It has an ambition to produce one million tonnes of hydrogen per annum, but some questions have been raised about how achievable this will be.

Meanwhile the company said it could use the existing deep-water jetty facilities at the terminal to export hydrogen to the UK, Europe and globally.

EnQuest has also applied for carbon capture and storage licences to the East of Shetland, which could potentially tap into a pipeline system operated by the company.

Regarding the future of the Sullom Voe Terminal power station, a spokesperson for EnQuest said it is exploring its options.

“EnQuest is in discussions with SSEN about the changing power landscape in Shetland and how our operations will link in to any future power solutions,” they said.

A briefing document prepared last year by SSEN on its future overhead power line needs in Shetland highlighted that the terminal’s power station could go into standby mode when the isles are connected to the national grid by subsea cable.

Lerwick Power Station, built in 1953 and the main source of energy in Shetland, is also in line to go into standby mode and will only back into life if there is an outage on the subsea transmission link.

Your Recent History

Delayed Upgrade Clock