EnQuest PLC (ENQUF) Research

EnQuest PLC is an independent energy company primarily engaged in the exploration, development, and production of oil and gas. Its operations are concentrated in the UK North Sea and Malaysia, where it actively explores for, extracts, and produces hydrocarbons. The company's portfolio includes significant interests in prominent UK fields such as Magnus, Kraken, Scolty/Crathes, the Greater Kittiwake Area, Alba, the Dons area, and Alma/Galia. Additionally, in Malaysia, EnQuest holds stakes in the PM8/Seligi and PM409 production sharing contracts. The company manages five operational production hubs, and as of December 31, 2021, reported proved and probable reserves totaling 194 million barrels of oil equivalents. Beyond its core upstream activities, EnQuest is also involved in the construction, ownership, and operation of oil pipelines, as well as the marketing and trading of crude oil and various leasing activities. Founded in 2010, EnQuest PLC is based in London, United Kingdom.

Market snapshot

Symbol
ENQUF
Price
$0.34
Day change
0.00%
Market cap
$575.0M
P/E ratio
1544.93x
52-week range
0.13-0.38
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 3 months

Recent news

  • UK's EnQuest expands Malaysian presence with $833 million assets deal

    North Sea-focused oil producer EnQuest agreed on Wednesday to buy interests in ​four offshore contracts in Malaysia for up to $833 million ‌from state-run Petronas, as the British company expands its South East Asian presence.

  • EnQuest reiterates annual output forecast, plans to raise shareholder returns

    North Sea-focused oil producer EnQuest reiterated its annual output forecast on Friday and said ​it plans to raise shareholder returns while ‌pursuing growth in the UK and Southeast Asia, including acquisitions of production assets.

  • Oil producer EnQuest maintains 2026 production outlook despite Mideast war, profit slump

    North Sea oil ​producer EnQuest ‌maintained its 2026 ​production outlook ​on Wednesday and ⁠said ​the Middle East ​war had not caused material ​disruption ​to its operations ‌so ⁠far, after reporting a 98.3% ​slump ​in ⁠annual post-tax profit.

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