Enquest Share Discussion Threads

[sorcery] 06/9/2022 16:06

Got to say I am disappointed at the market reaction too for a PE of somewhere between 1.5 and 2. Might only have to wait 6 months for full results to make the market to notice.

[s34icknote] 06/9/2022 15:09

Will a b start bud buy backs ??

[s34icknote] 06/9/2022 13:52

Guess it take another 12 months to convince the market !!

[steelwatch] 06/9/2022 10:20

In a "nut shell"

[patience a virtue] 06/9/2022 10:14

The results are very good. The share price is down this morning due to weakness in Brent.

[clunes100] 06/9/2022 10:08

Brilliant set of results, regularly adding sub 30p. Just do not understand MCap valuation on ENQ, surely we are dye a re-rate? Already looking forward to the next set of results and at some time in the interim, the penny will drop and I'll wake up to a 30p rise in a single day.

[sharekitchen1974] 06/9/2022 10:02

If government put the producers in trouble, they'll create a bigger problem, let the dust settle and ENQ keep delivering the goods all will be rosy in 24m from now and 29p will seem cheap as chips

[s34icknote] 06/9/2022 09:57

Whats annoying is we are still paying debt off !!Hbr are debt free !!We are a year behind them which is annoying cause we are paying these windfall taxes before getting out of trouble !! That said in a years time we should come good !!

[greenknight1] 06/9/2022 09:52

Not true. It will not affect the producers. The idea is to freeze the amount the energy companies sell to the public. The gov will guarantee and cover the cost of buying for the energy companies so they can continue to purchase the energy from the producers.

[heialex1] 06/9/2022 09:41

To be honest, I don't really understand why this is falling today.

[heialex1] 06/9/2022 09:40

Although the story is that the taxpayer will take the hit...

[wallywoo] 06/9/2022 09:32

Like Truss is rumoured to be announcing a freeze on energy costs for UK. You Don't need to be a genius to work out that UK fossil fuel producer's are likely to suffer.That's the reason for falls , not results imo.

[investordave] 06/9/2022 09:12

Let's hope we get a reward at some point. I now wish I'd sold out last night and bought back this morning.

[richardbroughton] 06/9/2022 09:07

Yes, has been for a long time, I've been a holder since day 1!

[investordave] 06/9/2022 08:59

It does look like that... there's clearly something about ENQ that the market doesn't like.

[richardbroughton] 06/9/2022 08:55

ENQ never fails to disappoint, looks like the shorter was smarter than you think Dave!

[heialex1] 06/9/2022 08:27

All was telegraphed in the comprehensive update a few weeks ago. Main takeaway is that they will be debt free within a year if prices stay around these levels.At what point will this rerate? If they start distributing huge amounts of cash to shareholders? I would suggest it's a terrible time to try and buy assets as it's clearly a sellers market, but they probably need to spend a bit to expand or maintain production in coming years.

[blackhorse23] 06/9/2022 08:17

No dividend no good for shareholders , I think that's the problem

[blackhorse23] 06/9/2022 08:14

All good but still no dividend ??

[s34icknote] 06/9/2022 08:06

Eps for six months 8.8pDebt down to 800 million .All on course

[investordave] 05/9/2022 19:02

I see someone has just shorted around 188,000 shares. Good luck with that! What an idiot.

[rolo7] 05/9/2022 18:01

Debt reduction and fste 250 entry for December

[s34icknote] 05/9/2022 17:07

Nice finish !Let's see what tomorrows results bring .

[s34icknote] 05/9/2022 15:15

Let's see the broker upgrades after results tomorrow