Enquest (ENQ) AI Stock Analysis

• Market Cap: £225.34M
• Dividend Yield: N/A
• Average Volume (3M): 2.22M
• Price to Earnings (P/E): 3.2
• Beta (1Y): 1.29
• Revenue Growth: -21.23%
• EPS Growth: N/A
• Country: UK
• Employees: 732
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.03
• Shares Outstanding: 1,860,029,500
• 10 Day Avg. Volume: 2,651,540
• 30 Day Avg. Volume: 2,220,051
• PEG Ratio: 0.08
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £29.00
• Price Target Upside: 140.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

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.

Enquest Business Overview & Revenue Model

Company Description

Enquest PLC is an upstream oil and gas company headquartered in the United Kingdom. The company is primarily focused on the production and development of oil and gas assets in the North Sea and Malaysia. Enquest specializes in maximizing the value of mature fields through innovative operational strategies and cost-efficient procedures, thereby extending the life of existing assets and optimizing production.

How the Company Makes Money

Enquest makes money primarily through the extraction and sale of crude oil and natural gas. The company's revenue model is centered around the production from its operated and non-operated oil and gas fields, with a significant focus on maximizing output from mature assets. Enquest generates income by selling the produced hydrocarbons to various customers, including refineries and other oil and gas companies. Key revenue streams include the sale of oil and natural gas liquids. Additionally, the company may engage in strategic partnerships and joint ventures to manage operational risks and enhance asset value. Enquest's earnings are influenced by global oil prices, production volumes, operational efficiency, and the successful implementation of cost-control measures.

Enquest Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.30B	1.49B	1.85B	1.27B	863.85M	1.65B
	Gross Profit
487.24M	540.67M	652.92M	358.18M	64.77M	402.89M
	EBIT
439.56M	456.23M	686.34M	382.96M	-45.76M	379.14M
	EBITDA
686.36M	745.12M	978.68M	647.88M	52.31M	60.22M
	Net Income Common Stockholders
20.73M	-30.83M	-41.23M	376.99M	-469.94M	-449.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
313.57M	313.57M	301.61M	286.66M	222.83M	220.46M
	Total Assets
3.77B	3.77B	4.02B	4.37B	3.86B	4.78B
	Total Debt
775.18M	1.20B	1.48B	2.05B	2.15B	2.34B
	Net Debt
461.60M	883.78M	1.18B	1.77B	1.92B	2.12B
	Total Liabilities
3.31B	3.31B	3.54B	3.84B	3.77B	4.22B
	Stockholders Equity
456.73M	456.73M	484.24M	520.76M	91.22M	559.06M
Cash Flow		Free Cash Flow
548.53M	612.50M	823.88M	630.43M	390.04M	728.03M
	Operating Cash Flow
706.94M	754.24M	931.55M	674.14M	521.42M	962.27M
	Investing Cash Flow
-177.30M	-262.69M	-161.25M	-321.23M	-120.60M	-257.84M
	Financing Cash Flow
-471.62M	-478.63M	-731.16M	-285.47M	-401.01M	-730.00M

Enquest Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ENQ, the sentiment is Negative. The current price of 12.08 is below the 20-day moving average (MA) of 12.70, below the 50-day MA of 12.69, and above the 200-day MA of 11.69, indicating a neutral trend. The MACD of -0.19 indicates Positive momentum. The RSI at 43.47 is Neutral, neither overbought nor oversold. The STOCH value of 24.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ENQ.

Enquest Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENQ	68 Neutral	£225.34M	3.17	18.48%	―	-21.23%	―
TLW	64 Neutral	£211.83M	4.62		―	-11.70%	―
Sector *	57 Neutral	$7.13B	3.45	-3.67%	5.68%	0.46%	-50.35%
GENL	55 Neutral	$150.33M	―	-15.72%	―	-14.44%	-22.34%
CNE	52 Neutral	£150.54M	17.20	-3.25%	―	-28.38%	90.60%
KIST	45 Neutral	£116.01M	―	-80.82%	―	-5.92%	-91.89%

Enquest Corporate Events

EnQuest PLC Announces Change in Major Shareholder Holdings

EnQuest PLC has announced a change in its major holdings, with Cobas Asset Management, SGIIC, S.A. increasing its voting rights in the company to 7.022206%. This adjustment in holdings reflects a strategic move by Cobas Asset Management, potentially impacting EnQuest’s decision-making and shareholder dynamics. The increase in voting rights signifies a strengthened position for Cobas Asset Management within EnQuest, which could influence future company strategies and stakeholder interests.

Spark’s Take on GB:ENQ Stock

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

EnQuest’s overall score reflects a complex mix of strong technical indicators and an appealing valuation, offset by financial challenges such as high leverage and declining revenues. The company’s strategic expansions and strong operational performance in recent years contribute positively, but the high debt levels pose a risk. Continuous focus on debt reduction and cash flow management is crucial for stability.

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

EnQuest PLC Publishes 2024 Annual Report and Announces 2025 AGM

EnQuest PLC has announced the publication of its 2024 Annual Report and Accounts, along with the notice for the 2025 Annual General Meeting. These documents are available on their website and have been submitted to the National Storage Mechanism. The AGM is scheduled for 27 May 2025 in London, where shareholder votes on resolutions will be disclosed. This announcement underscores EnQuest’s commitment to transparency and regulatory compliance, potentially reinforcing its position in the energy sector during the ongoing energy transition.

EnQuest Expands into Indonesia with New PSC Awards

EnQuest PLC has been awarded two Production Sharing Contract blocks, Gaea and Gaea II, in Papua Barat, Indonesia, marking its entry into the Indonesian market. This strategic move expands EnQuest’s presence in South East Asia, complementing its recent activities in Malaysia and Vietnam, and positions the company for growth opportunities across the upstream lifecycle in the region.

EnQuest PLC Announces Executive Performance Share Awards

EnQuest PLC announced the vesting of Performance Share Plan (PSP) awards for its Chief Executive, Amjad Bseisu, and Chief Financial Officer, Jonathan Copus. The awards, which involve a significant number of ordinary shares, are set to vest in April 2028, contingent on meeting performance conditions. This move underscores EnQuest’s strategy to align executive incentives with long-term company performance, potentially impacting shareholder value and executive retention.

EnQuest PLC Reports Strong 2024 Performance and Strategic Growth

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.