Share Name Share Symbol Market Type Share ISIN Share Description
Enquest Plc LSE:ENQ London Ordinary Share GB00B635TG28 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.05 0.21% 23.40 1,288,508 11:44:08
Bid Price Offer Price High Price Low Price Open Price
23.35 23.40 23.50 23.20 23.30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 633.15 -413.96 -27.65 441
Last Trade Time Trade Type Trade Size Trade Price Currency
11:38:55 AT 346 23.40 GBX

Enquest (ENQ) Latest News

More Enquest News
Enquest Investors    Enquest Takeover Rumours

Enquest (ENQ) Discussions and Chat

Enquest Forums and Chat

Date Time Title Posts
17/9/202104:13Enquest charts1,528
09/7/202114:46Enquest Plc - 20215
26/4/202109:06Enquest Pure Class12,507
05/2/201917:26*** EnQuest ***21

Add a New Thread

Enquest (ENQ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Enquest trades in real-time

Enquest (ENQ) Top Chat Posts

Enquest Daily Update: Enquest Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker ENQ. The last closing price for Enquest was 23.35p.
Enquest Plc has a 4 week average price of 20.70p and a 12 week average price of 19.86p.
The 1 year high share price is 26.45p while the 1 year low share price is currently 8.67p.
There are currently 1,885,924,339 shares in issue and the average daily traded volume is 3,831,094 shares. The market capitalisation of Enquest Plc is £440,363,333.16.
grahamg8: edit - links updated Bomfin I agree that on the face of it this looks too high. It took quite a bit of digging to get at the details. My initial source was HL, note they used ‘net interest’ which I paraphrased to ‘net debt interest’. hxxps://www.hl.co.uk/shares/shares-search-results/e/enquest-plc-ordinary-5p/financial-statements-and-reports Both terms are misleading, ENQ use the all encompassing ‘finance expense, less finance income’ as in the Financial Return for 2020. hxxps://www.enquest.com/fileadmin/content/Annual_Reports/Annual_Report_2020/2020-financial-statements.pdf See p125 P/L account, also p133 note 3 Segmental Analysis, for UK and Malaysia. The detail is on p138 note 6. The big numbers are: Loan Interest $32.8m, Bond Interest $73.5m, Finance Charge on Leases $50.9m, Unwinding of Discount on Decommissioning $15.3m (note 23 p158 Provisions), and Finance Costs on Contingent Consideration $77.3m (Note 22 p157 Contingency Consideration, relates to purchase of Magnus). While not all these costs are cash outflow today they are obligations for future payments. Cash flow from operations needs to be a lot higher for longer than many posters have indicated in order to reach the promised land. There are good reasons why the share price is not higher.
grahamg8: Worldwide fall in share prices = economic weakness = lower oil price = drop in share price for ENQ = profit to be made from shorting. I don't short and have taken my new share allocation. But there is some logic to shorting starting. It doesn't all have to revolve around ENQ news flow.
bomfin: Yes. Last placing to help buy Magnus was at 21p/share when share price was 39p/share so I'm very happy with the less than 10% discount to share price. The skies the limit now.
grahamg8: ENQ and ENQ1 going in opposite directions, presumably because of the impending share issue which is negative for ENQ share price. But a a big positive for ENQ1 with refinancing out of the way redemption should be assured.
stansmith3: Well it is interesting if nothing else, as we know the serial bedwetter onedb and the gaslighter tried every which way to link enqs share price to brentwith each cycle of oil prices over the last few years enquest found itself more disconnected than everi find it astonishing that this pattern is still intact, but here we are with brent at 71 and enq at 18, has the disconnect ever been wider?surely it cant persist?
stansmith3: enq share price still languishing, market doesnt agree with your pumping whos right the market or advfn position posters?
bomfin: So, adding to this post from 22nd May. By my calculations the above hedging is worth 13p/share. in the first 4 months they made 1p/share off every 12 days of production which = 10p/share. So, 23p/share better off than they were at start of the year whilst the share price is 5p/share better. As I said. Weakness is our friend as in my case I will dribble funds into Enquest in the knowledge they continue to make 1p/share every 12 days. The other major change to the business this year, apart from end of production at Dons (which should see a lowering of the average production cost this year, is The Golden Eagle buy. Buying 26.69% of the GEAD. This deal is said to add $100 million of value at $50 a barrel. I believe that is a conservative estimate possibly to do with the buy offer and potential return on investment. Accepting it at face value though. GEAD will have already produced 1.5 million barrels net to Enquest`s share of production this year adding £10/barrel sold over and above $50/barrel. GEAD adds £85 million value which is turn is a further 5p/share making Enquest 28p/share better off than they were at the beginning of the year with a falling debt figure.
ammu12: Oil and Gas production and development company EnQuest PLC (LON: ENQ) said on Monday that it has signed a share purchase agreement with Whalsay Energy Holdings Limited to purchase their 100% equity interest in the P1078 licence containing the Bentley heavy-oil discovery.EnQuest shares are trading 2.38% higher at 16.36p following the announcement. So far in 2021, its share price has gained 44.7%.The oil discovery is within 15 km of EnQuest's Kraken and Bressay interests, with the company saying it offers "further long-term potential development opportunities and other synergies."EnQuest will acquire Whalsay's subsidiary, Whalsay Energy Limited, which holds the licence as its only asset on a cash, liability and debt-free basis.
bomfin: This board really went downhill a bit like the share price. As I mentioned, I believe there is a share placing in the offing and in those circumstances it is difficult for the share price to go up until that is cleared. I`m here for info. To share it and perhaps gain some info. Any news of any production problems that would perhaps have impacted the share price. Brent has been doing well, Enquest are an oil producer. Falling share price. I think it is the upcoming placing anyone got any other ideas ?
stupmy: That was from memory so I can't give you a reference, I didn't mean to imply that date came from OneDb1. In fact, it may have come from checking yesterday after your posts. It might have been on LSE. Sorry, bit vague I know. I just bought a few, but it may end up being a short term trade rather than part of an accumulation. We'll see. I was suprised there wasn't a share price reaction early today with POO moving to the upside (despite understanding that the spot price is not necessarily useful, it has impacted ENQ share price often).
Enquest share price data is direct from the London Stock Exchange
ADVFN Advertorial
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:20210917 11:01:16