Enquest Share Discussion Threads

[blackhorse23] 05/7/2022 19:54

https://www.google.com/amp/s/markets.businessinsider.com/news/commodities/oil-prices-forecast-jpmorgan-russia-cap-plan-output-cuts-sanctions-2022-7%3Famp

[blackhorse23] 05/7/2022 19:43

JP Morgan price prediction for oil 380 dollar per barrel by end of 2022 . https://www.google.com/amp/s/markets.businessinsider.com/news/commodities/oil-prices-forecast-jpmorgan-russia-cap-plan-output-cuts-sanctions-2022-7%3Famp

[investordave] 05/7/2022 16:25

Thanks for that oh wise one.

[wolfofhounslow] 05/7/2022 16:19

This is going sub 20

[blackhorse23] 01/7/2022 08:53

Guess their trading updates will be very good, additional 400-500 millions from raising oil prices & additional production , my prediction revenue could be over 2 billion

[blackhorse23] 30/6/2022 15:36

Bought 100k worth shares today , their revenues will be double this year because of rising oil prices & production , good investment

[investordave] 29/6/2022 15:32

Another woeful performance by the share price When will the constant drip, drip downwards end. Want to buy more but inclined to wait a little longer.

[blackhorse23] 29/6/2022 08:09

Why they always need money & investments?!! Should pay back some to investors

[investordave] 28/6/2022 12:41

Yet again the share price is performing poorly against a backdrop of rising oil prices. I'm beginning to think that there's a large seller out there. We just don't seem to be able to retain any rise in the share price

[blackhorse23] 28/6/2022 11:00

Have they ever paid dividend?

[steelwatch] 27/6/2022 20:31

Blackhorse23 - 27 Jun 2022 - 20:15:57 - 1086 of 1087 ENQUEST - ENQ

Debt level bit high for me , switched to MCB today

Blackhorse23 - 24 Jun 2022 - 09:52:20 - 1080 of 1087 ENQUEST - ENQ

Sold it & bought MCL

==============================

Like a dog at a fair

[blackhorse23] 27/6/2022 20:15

Debt level bit high for me , switched to MCB today

[investordave] 24/6/2022 13:59

I'm staying put in ENQ but I've often wondered why it is that we almost always seem to perform more poorly than most other oilies, especially when oil prices are on the slide. Just assumed that it's largely because of all the debt we're carrying. Hopefully a big chunk of this will get paid off in the next year.

[heialex1] 24/6/2022 13:11

Fair point. CEO wouldn't be buying if these was an issue. He's just taking advantage of the current weakness. ENQ can jump 30-50% quite quickly....

[investordave] 24/6/2022 12:17

Thanks for your reassuring words. I appreciate that.

[money mad] 24/6/2022 12:13

Investor Dave not sure he would be buying if issues . All oilers getting hit left right and centre . My view is manipulation letting the big boys hoover up from worried PIs before H1 results out. Most oilers will be debt free next year, built and adapted to low oil price environment which looks unlikely for next few years so what is there not too like . Invest for value and payday will come . Buffet seems to think so too

[investordave] 24/6/2022 11:57

Yet again the share price is down when the oil price is up despite the recent Director buys. Something about ENQ is beginning to stink and as a holder I'm a little worried now.

[blackhorse23] 24/6/2022 09:52

Sold it & bought MCL

[investordave] 24/6/2022 08:11

What's with the delay in trading today?

[heialex1] 23/6/2022 17:25

I don't think it's base case, but wouldn't be surprised. I'm happy to accumulate at these levels. All oil companies look oversold to me

[wolfofhounslow] 23/6/2022 16:52

See this going sub 20p unfortunately

[heialex1] 22/6/2022 23:21

Incredible price performance. IMO it's just a great opportunity to load up as this should bounce at pace over the next few months