Enquest Share Discussion Threads

[s34icknote] 15/2/2024 10:37

Where's Blackhorse gone ? May be in the phone to the broker to close his short !

[s34icknote] 15/2/2024 10:06

With debt clear they could pay 5 cents easily

[s34icknote] 15/2/2024 10:03

Increasing as debt comes down . Or they wait another year and maybe pay 1 cent div increasing 1 cent a year as debt falls. Away

[s34icknote] 15/2/2024 10:02

57 million dollars 3 cents !18 percent yield

[heialex1] 15/2/2024 09:56

Absolutely. It wouldn't take much to have an incredible yield / total return, which in turn would drive a substantial re rating

[s34icknote] 15/2/2024 09:27

Not long to wait 28 March

[ashkv] 15/2/2024 09:21

USD 1 cent dividend is a measly

Shares Outstanding: * US 0.01 = $19,123,041.13

US 2 cents dividend = USD 38mn

Dividend Yield at a share price of 13p = 12.25% Dividend Yield

Very doable!!!

Though would prefer buybacks!!!

Dividends later!!!

[s34icknote] 15/2/2024 09:09

Bet cobas will be topping up !

[s34icknote] 15/2/2024 08:58

28 March results for full year Dividend update and nebt debt figures updated !! I'm hoping we don't do share buy backs !Just pay out the divs !!!!

[glavey] 15/2/2024 08:56

Plans, with a General Election in mind.

[s34icknote] 15/2/2024 08:52

A fantastic update if ever there was one. I particularly liked this:"The Group will provide an update on shareholder return plans when we announce our final audited results in March."

[s34icknote] 15/2/2024 08:44

And let's not forget the 293 million dollar valuation of bressay (15 percent 44 million ) More than the current market cap !

[s34icknote] 15/2/2024 08:38

Once the sellers gone this will rerate

[stockhunters] 15/2/2024 08:35

oil and gas falling again

[s34icknote] 15/2/2024 08:31

Fill your boots !!! Divs in March Share buy backs

[s34icknote] 15/2/2024 08:24

What was the brassy payment ? 44 million paid in feb 2024 . 481 - 44 = 437 plus six week into year - 30 million debt by mid feb 407 million !

[p@] 15/2/2024 08:10

Looks like Putin will have to be awarded ENQ"s Bonus this year!

[s34icknote] 15/2/2024 08:09

Fill your boots It's a takeover target with them tax losses !!

[s34icknote] 15/2/2024 08:08

Debt down 1.5 billion dollars since 2017 Net debt reduced by 230 million dollars to 481 million dollars . So they average 250 million dollars debt reduction a year !!Not far off the market cap !!2023 Nett debt 481 million dollars 2024 Nett debt 200 million dollars 2025 Nett debt nett cash ! Whats the cost of a 1 p div ? In dollars ?Production maintained for 2024 41-46k Only 1000 down on 2023 . Wonder what the average oil price was ? Doesn't look like they are struggling Blackhorse

[s34icknote] 15/2/2024 08:02

"Building on this excellent operational performance and by remaining disciplined in our investment decisions, we have set the foundation for a pivot to growth during 2024. The Group will provide an update on shareholder return plans when we announce our final audited results in March."

[stockhunters] 15/2/2024 08:00

company performance is not the issue

[blackhorse23] 15/2/2024 07:48

Do dividend, no share buy back, NO INVESTORS RETURN

[ashkv] 15/2/2024 07:40

SP: 12.14
ENQ Current Share Price vs 52 Week low of 11.38p on 13 Feb 24: 6.68%
ENQ Current Share Price vs 52 Week High of 20.05p on 17 Feb 23: -39.45%
Brent: $81.50
Shares Outstanding:
GBPUSD: 1.255
Production Mid-Guidance 2024 (Guidance 41,000 to 45,000): 43,000
Production Actual 2023 Production (Guidance 42,000 to 46,000): 43,812
Production Average (Actual) FY 2022: 47,259
Net Debt (USD) as of 31 Dec 23: $481,000,000
Market Cap (GBP): £232,153,719
Market Cap (USD): $291,352,918
ENTERPRISE VALUE (EV=Market Cap + Debt - Cash)(USD): $772,352,918
EV/Barrel(USD) 2024 Mid-Guidance Production 43,000 Boe/d: $17,962
EV/Barrel(USD) Actual 2023 Production (Mid-Point): $17,629
EV/Barrel(USD) Average Production FY 2022: $16,343
Decommissioning Provision (HY 2023): $715,139,000
EV/Barrel(USD) including Decommissioning Provision: $33,952
2P Reserves BoE (Year End 2022): 190,000,000
EV/2P: $4.07
EV (Including Decommissioning Costs)/2P: $7.83

[s34icknote] 14/2/2024 20:39

From the Lse board If we pay $150m in tax for 6 years we will be retaining $200m in cash for 6 years. That is $1.2bn against a market cap of less than $300m. Tomorrow will be good. There is 19 minutes left in the trading day.