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EnQuest PLC Reports Strong 2024 Performance and Strategic Growth

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Enquest ( (GB:ENQ) ) has shared an announcement.

EnQuest PLC reported strong operational performance in 2024, achieving a 90% production efficiency and increasing its production to 43.0 Kboed by February 2025. The company has diversified its portfolio through strategic acquisitions in South East Asia, enhancing its market position and financial stability, with a proposed dividend reflecting its commitment to shareholder returns.

More about Enquest

EnQuest PLC operates in the energy sector, focusing on oil and gas production and decommissioning activities. The company is recognized for its expertise in managing late-life assets and has a significant presence in the North Sea and South East Asia, with recent expansions into Vietnam and Malaysia.

YTD Price Performance: 6.21%

Average Trading Volume: 2,408,130

Technical Sentiment Signal: Hold

Current Market Cap: £242.9M

Find detailed analytics on ENQ stock on TipRanks’ Stock Analysis page.

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