Enquest Share Discussion Threads

[steelwatch] 06/2/2022 11:06

Now 2 vessels, but still stc (subject to confirmation either way!

[stansmith3] 05/2/2022 19:12

wtf is going on here?i have long been bearish here, but this is incredible, 90s brent, enq barely 20p, has the disconnect ever been wider?where is onedb1 and master rsi/maturo these days?

[steelwatch] 05/2/2022 09:52

Next Kraken offload booked, stc:

[american idiot] 04/2/2022 16:03

Sadly, the shareprice is always slow to react...but a rise is coming with Brent at current levels.

I'll happily go with James Hosie of Barclays and take the 25p.

[wolfofhounslow] 04/2/2022 15:19

Crazy valuations with Brent at 93

[wolfofhounslow] 04/2/2022 09:58

Genel assets is in IRAQ and payment issues with KRG....not one for me

[farrugia] 04/2/2022 09:55

if you think this is trading cheap what do you think of Genel that has cash equal to its debt.

[wolfofhounslow] 04/2/2022 09:18

Bottom line is 400m fcf for 2021 500m fcf for 2022....Currently trading at ridiculous valuation.

[american idiot] 04/2/2022 07:51

EnQuest Cut to Equal-Weight at Barclays; PT 25 pence

Brent currently $91.30. Fantastico !

[harry rags] 04/2/2022 01:25

$92 per barrel

[richardbroughton] 03/2/2022 13:18

It would seem to be a big lack of confidence in ENQ's ability to pay down the debt pile that's holding the share price back, even at $90 a barrel POO!

[croasdalelfc] 03/2/2022 08:47

Not very decent at all: they are treading water - barely touching the debt, production at Kracken and Magnus dropping yearly, paying hundreds of millions to keep production flat, no growth, no strategy, no dividend , no way would I invest as too many other companies out there with little or no debt and a growth strategy - #JSE #SQZ #PTAL #SAVE are 4 off the top of my head

[wolfofhounslow] 03/2/2022 07:09

Decent update

[wolfofhounslow] 03/2/2022 07:09

EnQuest PLC, 3 February 2022Full year 2021 operations update and 2022 guidanceDebt reduction continues with strong cash flow and improved macro conditionsc.46% reduction in UK emissions, ahead of North Sea targetsEnQuest Chief Executive, Amjad Bseisu, commented :"EnQuest delivered free cash flow of around $395 million in 2021 with a realised price of c.$69/bbl, resulting in a stronger balance sheet with net debt reduced to $1,222 million."High uptime at Kraken, the contribution from Golden Eagle and the accelerated recovery of wells at PM8/Seligi was offset by underperformance at Magnus. Magnus compression and water injection plants are now online and performing on target. Other assets, including Kraken and Golden Eagle are performing well and Malaysia is off to a strong start with the PM8/Seligi riser replacement now in place ahead of schedule, with all wells online. With an active programme of nine wells and seven workovers in 2022, our largest sanctioned program since 2014 and our first new wells in over two years, I am confident we will deliver a good performance this year. Our production to the end of January 2022 was 50,810 Boepd.

[steelwatch] 02/2/2022 17:11

Thinking of Bentley & Bressay:

[farrugia] 28/1/2022 10:13

well the management has been buying shares?

[legg96] 28/1/2022 09:41

Unfortunately the company`s management is a negative.

[maximus57] 28/1/2022 08:50

Unbelievable really, this was sitting higher last March than it is today, and we're seeing Brent hit $90 a barrel for first time since 2014. Must surely be massively undervalued