Enquest Share Discussion Threads

[onjohn] 22/7/2019 08:15

Taking off

[onjohn] 22/7/2019 07:30

30p this week i reckon

[exile] 21/7/2019 20:36

It was an Airbus Airbus A300B2-203 It was squawking a transponder ident that an attacking military jet would not do. The commanders of the Vincennes were decorated for their achievements. Sounds so far fetched that I know you will do your own research.

[careful] 21/7/2019 19:58

I remember that shooting down of a slow moving jumbo jet at 30,000 ft.
Crew cutted American sailors were ecstatic at their achievement.

Any plane spotter over the age of 5 could see it was a harmless civilian aircraft.

[exile] 21/7/2019 19:17

Actually US Navy shoots down US drone in show of absolute incompetence over strait of Hormuz.

Pretty much the same way on the 3rd of july 1988 the US Navy shot down an Iranian passenger jet killing 290 people, which many believe led to the bombing of Pan Am flight 103 over Lockerbie.

[steve73] 21/7/2019 04:44

IIRC, much (most??) of the outstanding debt is the HY & Retail bonds, and they don't mature until 2023 (extended from 2022).

[s34icknote] 20/7/2019 17:14

-- At 30 April 2019, net debt was reduced to $1,724 million (end 2018: $1,774 million) with cash and available bank facilities amounting to $231 million (end 2018: $309 million)

[oilandgas1] 20/7/2019 13:16

Anybody got full clarity on the current debt schedule?

The company has debt maturities of $224 million in 2018 and $330 million in 2019

Debt q1 2019 1.725 and oct19 100m due
So only 150m to be paid off in 2019?

All debt due by 2021? So restructuring likely .. but what is the 2020 debt schedule?

We all know we need improved prod (another 10-15kbopd would be good) , POO above 70pb and debt reductions.

[onedb1] 19/7/2019 15:41

That 23.5 level is stubborn . But again if one looks purely at earnings per share then Enquest is valued one of the lowest in the sector ( of the main ones I see Genel as even lower PE ) only thing CEO can do is buy shares back which is what he is doing . Price action indeed needs to break that long basing upper resistance . But to bring Enquest price in line with say PMO , then JP Morgan's forecast of 36 if I recall well would imply a PE still lower than Premier ( I hold them both and more and just using them as comparison ) . Which ever way I look at it it's cheap historically and relative to sector . Just need Enquest to keep on reducing cost per barrel to maintain a good profitable margin regardless of lower Brent values . Efficiency is key

[s34icknote] 19/7/2019 15:39

Looking good . Proving resilient despite Brent slipping . But then we are crazily undervalued !!And making serious money even at 60 dollars !!Let's hope we don't get taken out too cheaply !!Sicknote

[stupmy] 19/7/2019 15:13

Looks like a bull flag on the 2h chart. A close above 22.9 (current price) looks to signal the next challenge on 23.5

[stupmy] 19/7/2019 15:10

POO remains weak and PMO is not showing the same resilience. This seems to be ENQ specific for the moment.

[stansmith3] 19/7/2019 15:06

lagerpresumably storm related..next 4 weeks gotta be better than last, but 64000 barrel question is what happens after that?

[onedb1] 19/7/2019 14:42

Pretty clear there is buying activity going on as price is finding strength on the bid the whole time now .

[onjohn] 19/7/2019 00:29

US Navy Shoots Down Iranian Drone In Show Of Force Over Strait Of Hormuz

[onjohn] 19/7/2019 00:28

possible bid

[leoneobull] 18/7/2019 22:09

Fyi Deano. get a pair mate and will see you down at Wetherspoons to celebrate with a pint of Spitfire when we revoke A50

[leoneobull] 18/7/2019 22:00

Cheer up everyone...https://oilprice.com/Energy/Energy-General/IEA-Huge-Oil-Glut-Coming-In-2020.html

[kinwah] 17/7/2019 18:49

Funny old share ENQ. Up 20% in a couple of weeks and no-one can explain why. I let a few more go at 23p as a profit is a profit but where the shares go next is anybody's guess.

[s34icknote] 17/7/2019 17:03

They struggled today pmo . Enquest seems to perform better than its piers .I think enquest has further to run . Does seam sub-stained buying .Every drop bought back into . Pmo figures were good but as usual the shares underperform .Sicknote

[leoneobull] 17/7/2019 16:54

I'm out of enq temporarily. Switched to PMO. GLA

[s34icknote] 17/7/2019 15:48

draw of 3.1 million by the EIA. Iran dismisses us talks !Sicknote

[stupmy] 17/7/2019 15:34

JPMorgan raises ENQ to 36p (neutral) (taken from MasterRSI's UPS board).

[stupmy] 17/7/2019 14:47

Clearing the debt, increased clarity on Kraken and good news around Sullom Voe (together with POO of course) seem to be the issues for ENQ. Can't help wondering if BP drop their contracts regarding Sullom Voe, whether ENQ share price will provide another 'buying opportunity'. I think you know what I mean. I'll continue to trade around it on the assumption that there is no rush. Half-year results due Sept 5th.