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Share Name Share Symbol Market Type Share ISIN Share Description
Enquest Plc LSE:ENQ London Ordinary Share GB00B635TG28 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 3.89% 20.05 19.96 20.10 20.30 19.70 20.30 2,158,194 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 633.2 -414.0 -27.6 - 340

Enquest Share Discussion Threads

Showing 14501 to 14523 of 14525 messages
Chat Pages: 581  580  579  578  577  576  575  574  573  572  571  570  Older
DateSubjectAuthorDiscuss
12/6/2021
13:26
Once the placing gets sorted this will rise
ammu12
12/6/2021
11:45
onedb2016brent 55, enq 50p2021brent 72, enq 20pdo you see the problem with your methodology yet?do you see why there is a bigger picture?can you see how this company is actually being funded?
stansmith3
11/6/2021
17:32
I may have been rather harsh in my morning view. The potential cash flow (partly hedged ie guaranteed) should be enough to pay down the balance of the debt by the repayment date of the bonds. This is a riskier way of doing things than most companies would choose, but needs must perhaps. $15/bbl operating expense is a much touted number, but I think more useful is the quoted $32/bbl 'free cash flow break even'. To me that says at $65/bbl selling price, 50,000boepd you generate $600m surplus in 2 years. Transformational. As I have previously suggested the funding agreement has been positive for the bonds.
grahamg8
11/6/2021
16:28
From my post on the 8th "Strange price action once again . Brent cash touching $72 yet Enq falls back in the usual day end trades. Might bank my shares if not over 20 soon . Summer doldrums" Is it listening to me ? Get this nicely over 20 by day close please
onedb1
11/6/2021
13:37
At current exchange. A little short of £35 million.
bomfin
11/6/2021
13:21
Yeah this will rise after the oo.Approx 50m placing coming
ammu12
11/6/2021
13:17
OK. Sorry. Presentation said. - Anticipate raising up to $50 million of equity through a placing and open offer Perhaps reading too much into it to think use of up to means the $50 million placing is a maximum figure.
bomfin
11/6/2021
10:02
By memory, There is a line in one of the GEAD buy presentations saying $50 million equity raise is the maximum being considered. I will fish it out when I have more time.
bomfin
11/6/2021
09:23
All looks pretty good to me, no indication of the rates they are paying but I would guess 5-7% certainly a lot less than the 13% the retail bonds were yielding last week but have been rallying strongly, last chance for harbour energy to launch a cheeky bid ....
catsick
11/6/2021
09:15
That's not entirely true as they have added another $150 million signed a new senior secured borrowing base debt facility (the 'new facility') of approximately $600 million and an additional amount of $150 million for letters of credit for up to seven years. The new facility will enable the Group to simplify its existing capital structure and finance the acquisition of a 26.69% interest in the Golden Eagle assets.
terminator101
11/6/2021
08:44
You understand that the new facility replaces old lending rather than adds on top of it.
heialex1
11/6/2021
08:27
You know this is a solid business when they can secure this kind of lending!!!!! Going up gents!!!
mustafa15a
11/6/2021
08:17
Good news here. That's a great result and puts them on a long term sustainable future, unlike some other oilers out there that are drowning in debt that they can't service. :-)
terminator101
11/6/2021
08:01
With hedged production at least 6.2 million barrels going forward and P2 reserves 180 million barrels. The hedged production guarantees strong future earnings.
bomfin
11/6/2021
07:57
I don`t think that can be predicted. It`s a big positive that they have renegotiated with the banks. Pmo`s failure to do this ended in them being swallowed whole and very cheaply. If this had not happened pmo would be absolutely fine today with the strength of the oil price over the last nearly 6 months. I suggest what Enquest has hedged going forward covers the difference with short term debt. That is how much debt is being paid down. Not a huge dilution to come with borrowing on top of what has been announced being secured against hedged production with the new facility reserves based lending.
bomfin
11/6/2021
07:38
More details of new senior debt to come out with the Golden Eagle prospectus. And I would guess new equity will be included in the package. Last net debt figure was $1280m and new facility $750m gives an idea of the size of the fund raising to come = huge dilution + possibly a new bond.
grahamg8
11/6/2021
07:05
Looks like excellent news to me.
bomfin
10/6/2021
17:38
On current prices how long will it take to pay off current debt ? Probably not that long . Any fundamentals only investor out there has a view ?
onedb1
10/6/2021
13:58
Yeah. Good to see ENQ1 finally move from the low 80s where is was stuck for a while. I image the coupon will also be paid in cash next time around rather than PIK.Good point re share price and share issue. Hopefully it gets completed soon and then the price can be released. I always felt a sense of confidence because Amjad had underwritten it himself, but I can't imagine it won't be fully subscribed now.
heialex1
10/6/2021
13:49
Cheap indeed now Brent cash getting closer to $73 and year to date average much higher than when we hit 25p . standing at $64.1 year (front month) to date vs $59.71 on the 8th of March ( both the ytd front month future values ) Even the year to date is significantly higher. Good news on the additional production coming online should proper this closer to my predicted 30p in summertime. I'd be surprised if we don't go above 20 by end of this week.
onedb1
10/6/2021
07:54
ENQ and ENQ1 going in opposite directions, presumably because of the impending share issue which is negative for ENQ share price. But a a big positive for ENQ1 with refinancing out of the way redemption should be assured.
grahamg8
09/6/2021
14:57
Brent 72.77++
ammu12
09/6/2021
12:58
Cheap...should be in the 30's
ammu12
Chat Pages: 581  580  579  578  577  576  575  574  573  572  571  570  Older
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