Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Enquest LSE:ENQ London Ordinary Share GB00B635TG28 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.44p +2.31% 19.50p 11,273,204 16:35:24
Bid Price Offer Price High Price Low Price Open Price
19.40p 19.48p 19.92p 19.26p 19.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 464.55 -180.49 -4.00 330.4

Enquest (ENQ) Latest News (3)

More Enquest News
Enquest Takeover Rumours

Enquest (ENQ) Share Charts

1 Year Enquest Chart

1 Year Enquest Chart

1 Month Enquest Chart

1 Month Enquest Chart

Intraday Enquest Chart

Intraday Enquest Chart

Enquest (ENQ) Discussions and Chat

Enquest Forums and Chat

Date Time Title Posts
18/1/201920:38Enquest Pure Class6,032
13/2/201711:53First thing you should do tomorrow1
10/2/201719:13Take over-
10/2/201718:38Sorry your to late it took off -
10/2/201710:08Get ready for take off2

Add a New Thread

Enquest (ENQ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-01-18 17:03:4119.5048,3169,421.14O
2019-01-18 16:37:3419.56142,50027,873.00O
2019-01-18 16:37:3419.56142,50027,873.00O
2019-01-18 16:37:3419.49142,50027,767.02O
2019-01-18 16:37:3419.49142,50027,767.02O
View all Enquest trades in real-time

Enquest (ENQ) Top Chat Posts

Enquest Daily Update: Enquest is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker ENQ. The last closing price for Enquest was 19.06p.
Enquest has a 4 week average price of 18.32p and a 12 week average price of 18.32p.
The 1 year high share price is 45.15p while the 1 year low share price is currently 18.32p.
There are currently 1,694,406,148 shares in issue and the average daily traded volume is 5,941,946 shares. The market capitalisation of Enquest is £330,409,198.86.
steve73: exile - The (reasonably) healthy bond price suggests to me that there are no serious problems going forward, but simply that the share price is being "manipulated"... Or possibly just the holders of the recent RI are trimming their holdings a little. If I wasn't quite so overweight here I'd certainly be adding at around these levels.
exile: The Bonds are going up in price and the share price is coming down ????
patience a virtue: I am a buyer at this level, the share price may drop further but I am happy with the investment. GLA.
opodio: Could Enquest be set to smash the PMO share price in 2019? Alan Oscroft | Wednesday, 7th November, 2018 | More on: ENQ PMO Image source: Getty Images. If it’s not good for anything else, the Premier Oil (LSE: PMO) share price chart seems to be a pretty good indicator of the oil price. When the price of a barrel rose to $86 in the first week of October, Premier Oil shares hit their highest value so far this year. And while oil has since been slowly sliding back down, the shares have similarly been giving up their gains. With a barrel now having slipped back as low as $72, Premier Oil shares have dropped to their lowest price since May. And I reckon they’ll fall further if oil continues its decline, as the firm’s debt problem is far from solved and investors are likely to get scared again. Rocky ride The same can certainly not be said for Enquest (LSE: ENQ) shares, whose 2018 chart is one of the spikiest I’ve seen all year. In the past 12 months, the Enquest share price has rattled between the 20p and 40p levels, perking up and crashing back every few months. It’s a fine example of what investors in an unprofitable oil exploration companies often have to face — you need steely nerves. Enquest has been facing debt problems too, but cost-cutting and a recent rights issue have helped steady the ship, and analysts are expecting the bottom line to turn to profit this year. There’s a modest 6.7p EPS on the cards for December 2018, followed by a hike to 14.4p for next year. That would put the shares on a super low P/E, but that’s perhaps understandable if we look at the debt situation. At the halfway point this year, net debt had reduced, but still stood at nearly $2bn — more than three times the company’s market cap. Super cheap? At the time, Enquest said it “continues to prioritise maximising cash flow to facilitate the reduction of net debt,” and I really can’t disagree with that strategy. We’ve seen how debt came close to wiping out Premier Oil and Tullow Oil, and we could be quickly back into crisis times should oil prices fall much further. But if we do see that hoped-for profit this year, coupled with positive forward guidance and some further erosion of the debt mountain, I could see Enquest shares set for a strong 2019. But back to Premier, and (admittedly as a shareholder) I do see the share price fall in response to weakening oil prices as overdone. I’ve always felt Premier would be fine with prices of around $70 per barrel, and I still think that — I’d need to see significant further price falls before I’d start getting worried again. A good year ahead? I don’t want to downplay the debt situation at Premier, and at the end of the first half the figure still stood at $2.65bn, which is higher then Enquest’s. But Premier’s market cap is almost twice Enquest’s, and Premier’s debt is also coming down. We’re also looking at strong profit forecasts for this year and next too.
hpcg: This limit order nonsense is mental, why does anyone believe it? In a nominee account you don't own any shares. The nominee owns a big basket of indistinguishable shares. Just because some small time nut job puts in an artificial limit matters not at all. This is as much evidence as required that shorting is essential - too many investors, both private individuals and so called professionals, are simply so gullible that launching a crooked company, or simply just a lifestyle company, is an easy way to riches. The enemy are not the short sellers or market makers, its these crooks. If I own shares in a company I want it to be shorted; I think the share price will go up so this will ultimately make it go up further. I think the short thesis here is as valid as the long thesis, and that the share price is range bound whilst oil is also range bound, or unless something good or bad happens to Kraken. As I can't see into the future on either of those I am, as mentioned before neutral.
careful: the real fun starts when the rights start trading. currently about 12p they should be. The % swing on the rights is always dramatic. a 23p share price would make the rights worth 2p. a 21p share price would make the rights worth zero. always fun.
typo56: mreasygoing, the reason I think rights issues are a con is that I'm afraid many holders get seduced by the idea of being offered more shares at a bargain 'discount'. They believe this is somehow a special deal only available to existing, loyal holders. Yet any benefit they might gain from discounted shares is offset by the value they lose on their existing shares when they go ex-rights, meaning anyone can effectively obtain the shares at the discount price, whether or not they were an existing holder. The rights could have been, say, 2 for 7 @ 31.5p or even 1 for 4 @ 36p. It would make no difference for holders who take up their entitlements in full, yet somehow holders seem more tempted to take them up if they're priced ar 21p rather than 31.5p or 36p. Setting the rights price as low as 21p is partly done to blag existing holders but mostly done in order to appease the underwriters and minimise the risk they undertake in return for their fees. At that price, any rights not taken up by holders (the rump) should be easily placed and won't need to embarrass the underwriters. Setting such a low rights price also spooks the market, even before they've gone ex-rights, causing existing holders more pain than should be necessary. The share price may fall on the rights/acquisition announcement if the market doesn't appreciate the value of the acquisition. It shouldn't fall simply because of the rights price - that adjustment takes place on ex-rights day.
hpcg: Steve - the rights have a value. So, as an example, if your rights get priced at 10p, then that makes the price to purchase of the new shares to someone that buys the rights 31p, 10p to you and 21p for the new shares. The price of the rights and the share price should combined form the new resting price. It is actually a bit easier to work this from the market cap direction. The cash raised should just be added to the market cap as that is what cash is worth. The justification looks good, and as a debt holder, not an equity holder I'm fine with it. I'll be looking for any anomalous trading either in the equity or rights before I take an equity position, if I do. The trouble with the rights announcement on the same day as the half year is it makes it difficult to work out what the market reaction to the results was.
whiskeyinthejar: I think some sites are misreporting Macquarie broker note issued today. The proactive site has the text though: "Hurricane Energy and EnQuest among the few ‘buys’ left in oil sector - Macquarie 2017-02-03 11:33:00 “Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view. It is harder work picking winners in the oil and gas sector now that crude prices have steadied and share prices have climbed, so says Macquarie. Kate Sloan, analyst at Macquarie, most share prices are close to fair value and as a result many in the sector have been downgraded. Cairn Energy PLC (LON:CNE), Faroe Petroleum plc (LON:FPM), Ithaca Energy Plc (LON:IAE), Premier Oil PLC (LON:PMO) and Tullow Oil plc (LON:TLW) are all relegated to a ‘neutral’; rating. Three of Macquarie’s ‘top picks’ retain their ‘buy’ recommendations; Hurricane Energy Plc (LON:HUR), EnQuest Plc (LON:ENQ) and Africa Oil Corp (TSE:AOI). Of the three, Hurricane Energy is deemed to have the clearest value opportunities. “Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view. “Further exploratory drilling (ongoing) and progress on the Lancaster development could add significant value, building on the success the company enjoyed in 2016.” Macquarie has a 90p price target for Hurricane (current price: 51.25p). Enquest, meanwhile, is Macquarie’s pick for further oil price leverage combined with low risk project progression. “Although the rest of the sector now reflects a much higher discounted oil price than it did four months ago, EnQuest is still discounting US$63/bbl, the same number it was back in August 2016,” Sloan said. “We believe the valuation gap will be narrowed in the coming months once the market starts to believe in Kraken delivery.” Macquarie has a 79p target price for EnQuest (current price: 46.34p). Sloan added that Africa Oil’s has very attractive upside through de-risking the discoveries in Kenya’s South Lokichar basin, where it partners Tullow." Advfn blocks their links, you need to paste into browser bar.
mreasygoing: Oil up strongly again. Those 5% shorts will be forced to close soon. ENQ share price is like a dam waiting to burst.
Enquest share price data is direct from the London Stock Exchange
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190119 00:03:42