Enquest Share Price (ENQ)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Enquest	LSE:ENQ	London	Ordinary Share	GB00B635TG28	ORD 5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.25p	-1.01%	24.50p	24.50p	24.75p	25.25p	24.50p	25.25p	1,610,417	16:29:52

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	646.3	175.9	18.4	1.5	284.05

Related Shares
Shell A (RDSA), BP (BP.), Path Investmen. (PATH), Spitfire Oil (SRO)

Enquest (ENQ) Latest News (1)

Enquest News

Date	Time	Source	Headline
22/9/2017	12:58	UKREG	EnQuest PLC Publication of a Prospectus
13/9/2017	15:48	UKREG	EnQuest PLC Director/PDMR Shareholding
07/9/2017	09:40	ALNC	EnQuest Swings To Loss With Decline In UK Oil Production
07/9/2017	07:17	ALNCF	Alliance News Flash Headline
07/9/2017	07:01	UKREG	EnQuest PLC Board Appointment
07/9/2017	07:00	UKREG	EnQuest PLC Half Year Results
23/8/2017	08:31	ALNC	EnQuest Reduces Production Guidance Amid Prolonged Kraken Ramp-Up
23/8/2017	07:00	UKREG	EnQuest PLC Operations update
31/7/2017	16:34	UKREG	EnQuest PLC Notice to holders of the Company's Retail Notes
29/6/2017	09:00	UKREG	EnQuest PLC Directorate Change

More Enquest News

Enquest Takeover Rumours

Enquest (ENQ) Share Charts

1 Year Enquest Chart

1 Month Enquest Chart

Intraday Enquest Chart

Enquest (ENQ) Discussions and Chat

Enquest Forums and Chat

Date	Time	Title	Posts
15/9/2017	14:37	Enquest Pure Class	4,113
13/2/2017	11:53	First thing you should do tomorrow	1
10/2/2017	19:13	Take over	-
10/2/2017	18:38	Sorry your to late it took off	-
10/2/2017	10:08	Get ready for take off	2

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Enquest (ENQ) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2017-09-22 15:35:24	24.50	93,085	22,805.83	UT
2017-09-22 15:29:52	24.50	9,315	2,282.18	AT
2017-09-22 15:29:52	24.50	9,203	2,254.74	AT
2017-09-22 15:29:52	24.50	10,200	2,499.00	AT
2017-09-22 15:29:52	24.50	3,700	906.50	AT

View all Enquest trades in real-time

Enquest (ENQ) Top Chat Posts

Date	Subject
22/9/2017 09:20	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 24.75p. Enquest has a 4 week average price of 22.50p and a 12 week average price of 22.50p. The 1 year high share price is 56p while the 1 year low share price is currently 22.50p. There are currently 1,159,398,871 shares in issue and the average daily traded volume is 2,445,002 shares. The market capitalisation of Enquest is £284,052,723.40. Read Full Thread Reply
15/9/2017 11:34	steelwatch: ..which would have included the unexpected distressed acquisition from First oil: https://uk.advfn.com/stock-market/london/enquest-ENQ/share-news/EnQuest-PLC-Acquisition-of-additional-interest-in/70474877 I wonder whether Chevron might be interested, being heavy oil specialists and if they like what they see when it gets to Pascagoula. Read Full Thread Follow Reply
07/9/2017 12:02	hpcg: frazboy - the oil price is the variable outside of their control which could help. I'm more positive than I have been since the spring as I think investment in onshore shale will be severely curtailed once the true economics become apparent from the slow down in growth. We are still at the tail end of the last investment phase, viz Kaken and Catcher, but as off next year there is a big development hole. It is future oil prices which will provide the level of return. I agree totally option money; as a bond holder anything which keeps the share price up and thus keeps open a window for more new equity is fine by me! I would think the FPSO issues are fixable in a time frame the company can reasonably risk estimate, based on their FY production guidance. It's in Bumi's interest as much as Enquest's as they are only getting a partial day rate. Read Full Thread Follow Reply
13/6/2017 14:51	oilandgas1: Here we are finally mid Jun with 2 weeks to go having. Been told that we would have FOIL before the end of Jun, but the share price is in the doldrums, partly due to debt, partly due to POO, and partly due to waiting on news of FOIL. I am surprised to see the share price so low and have added, but what am I missing here ? ( energy sector sentiment low also) (IMHO: we should be in The 40's now and with debt peaking in Jun17/ Jul17 heading for 60p + by Sep17, with POO moving to between 50 and 56$ In Q3.) (PMO and tlw similar shares with heavy debt dropped significantly , but thus is a better play for upside ,possibly doubling) Read Full Thread Follow Reply
13/2/2017 23:11	master rsi: Brent oil price falling $1.12 .. and mostly on the last 2 hours of London trading. My take of the last couple days Do not expect share price to be rising every day and specially if oil price falls heavily like today. Any fall is a good opportunity to buy or top up if that is what you want to do, mainly after recent good news on the company front and share price retracement. Do not forget that during the last few days the share price has been the best performer among the peers of the oil sector a 21.55% rise from the intraday low of 41.75p to today's 50.75p intraday high. On those cases some investors take profits and MMs do their best to encourage the marked down to help with that so they can fill their books by now a bit empty. Read Full Thread Follow Reply
13/2/2017 10:56	master rsi: EnQuest boosted by UBS upgrade to 'buy' (ShareCast News) - Exploration and production group EnQuest got a boost on Monday as UBS upgraded the stock to 'buy' from 'neutral' and upped the price target to 65p from 60p. The bank had downgraded its stance to 'neutral' in January, saying that although the company's cash flow was impressive, a 113% jump in the share price since the placing had left the Kraken start-up risk fairly price. Since then, UBS noted that three things have happened: January's trading statement saw near-term production guidance disappoint; the shares are down more than 20%; and EnQuest has announced a highly accretive deal with oil giant BP. "We think the shares overreacted to the trading statement and don't yet reflect the deal value potential" it said. On 24 January, EnQuest announced an agreement to buy a 25% operated stake in BP's Magnus field, with options to acquire the remaining 75% and/or manage some of BP's decommissioning liabilities. UBS said the deal makes clear financial and strategic sense. "The innovative 'cashless' structure makes it accretive to EnQuest at almost all oil prices; it plays to EnQuest's strengths as an operator of late-life assets; and it accelerates recovery of $2.5bn in UK tax losses." Read Full Thread Follow Reply
11/2/2017 16:03	discodave4: kaytom - stand corrected, may be early Tuesday morning.IAE offer to value ENQ:IAE's production forecast 19k boped to 22k boped with Stella start up. The offer was £1.20/share, thus Mcap is £497m + debt £478m = £975m total value, divide this by production (low end) 19k = ratio of 51.3Applying that ratio for ENQ production to determine its relative share price: 2017 production forecast is 51k x 51.3 = 2,616m, minus debt £1,441m =1,175m, thus share price is 1,175/1,159 = £1.01, discount by say 10% (for Delek offer) gives 91p.On 2018 production 80k boped gives a share price target of over £2, at the lower PB ratio (IAE 22k boped gives a PB of 44.3) it's a share price target of about £1.80.DD Read Full Thread Follow Reply
03/2/2017 14:33	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." www.Proactiveinvestors.co.uk/companies/amp/news/172620 Advfn blocks their links, you need to paste into browser bar. Read Full Thread Follow Reply
05/1/2017 17:06	steelwatch: Recent rallies mean most oil and gas companies are now trading close to fair value, according to Macquarie, but the broker still tips Hurricane Energy Plc (LON:HUR) and EnQuest Plc (LON:ENQ) for share price success in 2017. EnQuest is the pick for oil price leverage Sloan highlights that EnQuest, like the rest of the sector, is a beneficiary of rising oil prices though she also notes that the Kraken field, its major development project, is due ‘low risk progression’ before coming online later this year. “We believe the valuation gap will be narrowed in the coming months once the market starts to believe in Kraken delivery,” she added. Macquarie rates EnQuest as ‘outperform’ with a 79p target. http://www.proactiveinvestors.co.uk/companies/news/171200 Read Full Thread Follow Reply
10/10/2016 20:29	mreasygoing: Oil up strongly again. Those 5% shorts will be forced to close soon. ENQ share price is like a dam waiting to burst. Read Full Thread Follow Reply
18/2/2016 11:10	master rsi: From the "UPS" thread ........... Cambridge news - February 16, 2016 Private Punter on a quest to highlight North Sea oil firm When it comes to risk and speculation, right now, there can be no better example than that of the oil production and exploration sector. The tumbling and protracted downward spiral of Brent crude has been a bitter pill for companies and investors alike to swallow over the last year, resulting in a massive scaling back on spend across the sector to preserve cash and manage extensive borrowing commitments. While there are any number of prospects for those who understand the risks on which to take a punt, I have decided to put North Sea operator Enquest in the frame, where at a current 13p per share it is submerged well below the £1.50p achieved just three years back. Although clearly not for widows and orphans, Enquest could nevertheless deliver some substantial share price appreciation in the coming years, if a number of positive factors come together. The first and overriding issue that concerns investors in the sector is to see some kind of stability return to the oil price, where a bottoming out from a one way downward run may ultimately signal a trend reversal. Of course, anyone like myself who recalls the barrel of oil sinking to just $12 back in the late 1990s, will also no doubt remember companies such as Premier Oil, Tullow and Cairn Energy residing in penny share territory prior to going on and seeing their share prices appreciate many times over. And to that end, such cyclical swings once more bring forth an opportunity, where in Enquest's case, it has the added attraction of being predominately focused around UK shores as opposed to more politically unstable regions. The company came to the market back in 2010, a direct result of the demerger of North Sea assets held by big players Petrofac and Lundin Petroleum. Although that saw the company immediately installed into the Footsie Mid 250, more recent industry woes have seen its market cap fall to just £104m, giving it a distinctly small cap look, which has resulted in its disappearing from the radar of many market watchers. However, Enquest has some notable and potentially money spinning assets which can be highlighted by its Kraken field interest, which is one of the largest in the North Sea, being located in the East Shetland basin. While full year revenue in its last preliminary results hit a sizeable £660m, registering a significant jump on the previous years £582m, the company nonetheless resided over a net loss of £119m, after various post-tax costs associated with the oil price retreat were factored in. That saw the share price already on a downward spiral retrace further southwards to the mid thirties, as the company revealed that it had greatly scaled back its capital expenditure programme, along with renegotiating its banking covenants until mid 2017. Although the shares subsequently fell even further, more recent news from the company may suggest that on a risk/reward basis Enquest presents a potentially exciting speculative opportunity, not least, as the shares are trading substantially below its estimated risked core book worth. More recently, as in December of last year, the company announced an operations update to the market which saw it forecasting a major increase in production throughout 2016 after experiencing what had been a strong performance in 2015. From July through to November the London HQ'd operator averaged around 35,000 barrels of oil per-day, representing a 26% increase on the prior period. Additionally, it cited this year's numbers as in the range of 44,000 to 48,000 of boe/d (barrels of oil equivalent per day) as benefits from its Alma/Galia North Sea assets flow through. This field only commenced production back in August of last year, but quickly delivered notable results with 4,000 barrels per day achieved, increasing by November as another well came on stream. While Enquest has certainly had to reign in on its ambitious development projects due to the industry woes, it is still poised to experience significant revenue uplift where its prized Kraken field remains on track to produce its first oil early next year. Although the longer term picture may well look more positive, for now, in keeping with peers, Enquest, with major borrowing commitments of its own, is very much concentrated on reducing and controlling costs. This has seen it successfully reduce its operating outlay to $39 a barrel which together with increasing production and any flat-lining or resumption in price would further assist the company. Alongside its substantial North Sea assets, the company has a number of interests further afield, in Malaysia, which could also play an integral part in boosting revenues over the medium to longer term. Admittedly, the sector may well be one that is as yet best avoided and would be buyers of the shares would no doubt like to see evidence of a move to positive free cash flow. That said, those who recall past cyclical events in the sector and who recognise the potential within Enquest's sizeable assets, may wish to opt to take a speculative punt at these levels, which may just provide lucrative returns over time. Read Full Thread Follow Reply

Enquest share price data is direct from the London Stock Exchange

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