News

UK-based petroleum exploration and production company EnQuest has secured a production sharing agreement (PSA) for Block C ...
Fintel reports that on July 15, 2025, Shore Capital initiated coverage of EnQuest (OTCPK:ENQUF) with a Buy recommendation.
Subsidiary EnQuest EP BV will initially be the sole operator of the PSA with the intention to subsequently, subject to ...
Block C lies offshore Brunei Darussalam and hosts the condensate-rich gas discovered fields of Merpati, Meragi, and Juragan.
Marking an important milestone in Brunei Darussalam's energy sector, the Petroleum Authority of Brunei Darussalam (PA) and ...
EnQuest announced on Wednesday that it has secured a production sharing agreement for Block C offshore Brunei Darussalam, marking a new entry into the country and further expanding its Southeast Asian ...
UK-based oil explorer EnQuest has acquired Harbour Energy's business in Vietnam, marking a significant expansion of its operations in Southeast Asia. The deal includes a 53.12% equity interest and ...
LONDON, Aug 2 (Reuters) - British North Sea focused oil producer EnQuest (ENQ.L), opens new tab cut its debt to $880 million on the back of $332 million in second-half cashflow, it said on Tuesday ...
EnQuest has so far paid around half of its $72 million windfall tax bill for 2022, a spokesperson said, and booked a $178 million non-cash charge to cover the tax through 2028, ...
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. To ...
EnQuest represents a rare case of phenomenal undervaluation caused by the market cautiousness, which, in turn, is a result of high leverage. For instance, Price/Book equals only 0.5x.
EnQuest has a EV/2P (current EV and FY13 2P) value of 10.8 as compared to 36.7 for Tullow Oil, 22.6 for Ithaca Energy and 16.8 for Premier Oil. Excluding Tullow Oil, the company's EV/2P is at an ...