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Enquest
(LSE:ENQ)
Enquest (ENQ) vs. iShares MSCI United Kingdom ETF (EWC)
Enquest Business Overview & Revenue Model
Enquest Earnings Call Summary
Enquest Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.18B | 1.49B | 1.85B | 1.27B | 863.85M |
| Gross Profit | 393.33M | 540.67M | 652.92M | 358.18M | 64.77M |
| EBITDA | 568.27M | 745.12M | 978.68M | 647.88M | 52.31M |
| Net Income | 93.77M | -30.83M | -41.23M | 376.99M | -469.94M |
Balance Sheet | |||||
| Total Assets | 3.56B | 3.77B | 4.02B | 4.37B | 3.86B |
| Cash, Cash Equivalents and Short-Term Investments | 226.32M | 313.57M | 301.61M | 286.66M | 222.83M |
| Total Debt | 1.00B | 1.20B | 1.48B | 2.05B | 2.15B |
| Total Liabilities | 3.02B | 3.31B | 3.54B | 3.84B | 3.77B |
| Stockholders Equity | 542.47M | 456.73M | 484.24M | 520.76M | 91.22M |
Cash Flow | |||||
| Free Cash Flow | 254.78M | 612.50M | 823.88M | 630.43M | 390.04M |
| Operating Cash Flow | 508.77M | 754.24M | 931.55M | 674.14M | 521.42M |
| Investing Cash Flow | -183.57M | -262.69M | -161.25M | -321.23M | -120.60M |
| Financing Cash Flow | -352.89M | -478.63M | -731.16M | -285.47M | -401.01M |
Enquest Technical Analysis
Enquest Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | $183.92M | ― | -11.54% | ― | -0.20% | -25.68% | |
59 Neutral | £189.38M | 2.92 | -26.37% | 4.37% | -18.05% | -634.88% | |
51 Neutral | £155.29M | 4.56 | ― | ― | -32.47% | -1490.91% | |
46 Neutral | £136.64M | 17.20 | -6.29% | ― | -32.66% | 72.67% | |
42 Neutral | £132.17M | ― | -92.03% | ― | -16.87% | 21.18% |
Enquest Corporate Events
EnQuest PLC has successfully completed a major milestone in its decommissioning efforts with the removal of the Heather Alpha topsides in the North Sea. This operation, executed by the Pioneering Spirit heavy lift vessel, marks one of the largest single lifts in the region this year. The project underscores EnQuest’s commitment to safe and efficient decommissioning, with over 95% of the structure set to be recycled, minimizing the environmental impact. This achievement highlights EnQuest’s top-tier decommissioning capabilities and reinforces its strategic focus on responsible energy asset management.
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.
EnQuest PLC has been awarded a Production Sharing Agreement for Block C in Brunei Darussalam, marking a significant step in its strategic expansion into South East Asia. The agreement involves developing the condensate-rich gas fields of Merpati, Meragi, and Juragan, with plans to form a joint venture with Brunei Energy Exploration Sdn Bhd. This venture aligns with EnQuest’s strategy to diversify its portfolio into gas and expand its presence in the region, leveraging its expertise from operations in Malaysia and the UK North Sea. The project is expected to commence in 2027, with first gas production anticipated by 2029, contributing to both domestic and international LNG markets.
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.
EnQuest PLC has completed the acquisition of Harbour Energy’s Vietnam business, gaining a 53.125% stake in the Chim Sáo and Dua production fields. This acquisition aligns with EnQuest’s strategy to expand its footprint in South East Asia by investing in fast-payback assets with low capital expenditure and reduced carbon intensity. The transaction, valued at $85.1 million, strengthens EnQuest’s position in Vietnam, offering potential for increased production and extending the Production Sharing Contract beyond 2030. The acquisition also enhances EnQuest’s operational capabilities in the region, supported by successful maintenance activities and well interventions that have already increased production.
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.
EnQuest PLC has announced a change in its shareholder structure, with Aberforth Partners LLP acquiring a significant voting rights position, now holding 10.02% of the total voting rights. This acquisition reflects a strategic move that could influence EnQuest’s decision-making process and potentially impact its market positioning, given the substantial voting power now held by Aberforth Partners.
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.
EnQuest PLC has released its report on payments made to governments for the year ending December 31, 2024. The report, which complies with the Reports on Payments to Governments Regulations 2014, details cash-based payments made to national governments, including taxes, royalties, and other fees. The total payments amounted to $163,461,000, with significant contributions in both the United Kingdom and Malaysia. This disclosure underscores EnQuest’s commitment to transparency and compliance in its financial dealings, potentially impacting its reputation and relationships with stakeholders.
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.
EnQuest Malaysia has been honored with two prestigious awards at the PETRONAS Emerald Awards, including the Operator of the Year, marking the first time this accolade has been retained consecutively. These awards underscore EnQuest’s strong reputation and operational excellence in Malaysia, highlighting its commitment to sustainability and innovation in the upstream sector. EnQuest has also announced several growth initiatives in Southeast Asia, aiming to increase its production to over 35,000 Boepd by the end of the decade, which reflects its strategic focus on diversified growth and field optimization in the region.
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.
EnQuest PLC, a company involved in the energy sector, held its Annual General Meeting on May 27, 2025, where all proposed resolutions were approved by the necessary majority. Key resolutions included the re-election of board members, the appointment of auditors, and the approval of the directors’ remuneration report. The successful passage of these resolutions indicates strong shareholder support and positions the company for continued stability and strategic planning.
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.
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.