EnQuest Reports Strong 2025 Performance and Advocates for Policy Changes

An update from Enquest ( (GB:ENQ) ) is now available.

EnQuest PLC has reported strong operational performance for 2025, with production efficiency exceeding 90% and first-quarter production averaging 42,000 Boepd, surpassing guidance. Despite a temporary pipeline outage, production at the Magnus field has been restored, and further drilling is expected to enhance output. The company is advocating for the removal of the UK Energy Profits Levy, arguing it harms the North Sea industry. EnQuest is also focusing on cost optimization and has a robust balance sheet for growth, with significant developments in South East Asia and plans for a material UK transaction. The company maintains its production guidance and is working to reduce operating costs while enhancing core value.

The most recent analyst rating on (GB:ENQ) stock is a Buy with a £15.00 price target. To see the full list of analyst forecasts on Enquest stock, see the GB:ENQ Stock Forecast page.

Spark’s Take on GB:ENQ Stock

According to Spark, TipRanks’ AI Analyst, GB:ENQ is a Neutral.

EnQuest’s overall score reflects a balance of strengths in valuation and corporate strategy, offset by financial performance challenges and mixed technical indicators. The company’s strategic expansions and operational improvements suggest potential for growth, while high leverage and declining revenues pose risks that need addressing.

To see Spark’s full report on GB:ENQ stock, click here.

More about Enquest

EnQuest PLC is an independent energy company operating in the UK North Sea and Malaysia, focusing on the responsible management of existing energy assets. The company aims to be a partner of choice in the energy transition, leveraging its core capabilities to create value. EnQuest trades on the London Stock Exchange.

Average Trading Volume: 2,946,089

Technical Sentiment Signal: Strong Sell

Current Market Cap: £208.8M

See more insights into ENQ stock on TipRanks’ Stock Analysis page.