View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEnteq Technologies 배당 및 자사주 매입배당 기준 점검 0/6Enteq Technologies 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesBreakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.공시 • Aug 21Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024. Location: the offices of cavendish capital markets, 1 bartholomew close, ec1a 7bl, london United KingdomNew Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (€6.53m market cap, or US$7.08m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change).공시 • May 25+ 1 more updateEnteq Technologies plc Announces Resignation of Mark Ritchie as DirectorEnteq Technologies plc announced the appointment of Amir Absoud as Head of Finance, on a contractual arrangement, who will commence his role on 24 May 2024, succeeding the current CFO Mark Ritchie. Amir is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an Economics Degree from the London School of Economics. Amir has experience from PwC in London, working with companies quoted on AIM. Amir held senior finance roles at oilfield and energy services companies in the UK and internationally. Amir has over two decades of experience working with small and large businesses to design, set up and manage finance and tax functions, implementing systems and offering strategic, commercial and tax advice. Amir is the founder and director of Upstreamly Ltd, a firm of Chartered Accountants focused on energy companies, with offices in London and Aberdeen. Upstreamly will be providing Enteq with accounting, tax, compliance and advisory services, and with Amir's services as Head of Finance. As Head of Finance, Amir will be an advisor and observer to the Board. Mark joined the Board in June 2023 and will remain with the Company as a Director until 31 May 2024 and as an employee until late June 2024 to ensure an orderly handover of responsibilities.공시 • Feb 14Enteq Technologies plc Provides Update on the Progress of the SABER ToolEnteq Technologies plc provided an update on the progress of the SABER Tool (Steer-At-Bit Enteq Rotary) technology. Commercialisation highlights: The Company has a customer contract in place, as previously announced, which includes a first phase of customer testing. Customer testing, in Australia, is expected to commence in this financial year to 31 March 2024 (FY24). A purchase order has been received and US$100,000 is expected from the customer in H1FY25 for future commercial services. Commercial services in FY25 would commence following successful customer testing. An advanced shipment of SABER equipment (all heavy equipment for the initial kit) to Australia has left Enteq's facility in Houston. The build programme for further equipment is progressing as planned. Technical progress: The recently recruited Engineering Director has consolidated performance and production improvements. Further flow loop testing at an independent facility in Houston simulating typical drilling conditions validated design and performance specifications. Market introduction: A customer technology demonstration coupled with follow-up downhole drilling testing programme, at the Catoosa, USA test site, has been scheduled before the end of March 2024. Customers have been invited to witness the SABER technology being deployed in active drilling conditions. Introduction of new branding and website refresh.New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (€9.51m market cap, or US$10.2m).공시 • Oct 10Enteq Technologies Plc Appoints David William Macneill as Independent Non-Executive DirectorEnteq Technologies Plc announced the appointment of David William MacNeill as an independent non-executive director with immediate effect. David MacNeill brings over 30 years' knowledge in the international energy sector with extensive experience across drilling businesses. David has a background in directional drilling, with direct exposure to rotary steerable system development and operations. David has held executive roles in multinational and independent companies and resides in Dubai, UAE. Age: 56. Current directorships and/or partnerships: DWA Consultants (FZCO) and Spector Pipe Services Ltd. Historic directorships and/or partnerships (within the last five years): Thomas Energy Services Holding Inc., Thomas Energy Services LLC, TriAxon Energy Inc, Wellbore Integrity Solutions Canada Inc., Wellbore Integrity Solutions Guyana Inc., Wellbore Integrity Solutions Holdings LP, Wellbore Integrity Solutions Intermediate Holdings LLC, Wellbore Integrity Solutions LLC (USA incorporated), Wellbore Integrity Solutions LLC (Oman incorporated), Wellbore Integrity Solutions Parent Inc., Wellbore Integrity Solutions South Africa Pty. Ltd., Wellbore Integrity Solutions Trinidad Ltd. and WIS Global Resources Limited.공시 • Sep 29Enteq Technologies plc Announces Retirement of Iain Paterson as Non-Executive DirectorEnteq announced a change in the Board composition. Iain Paterson who has served as a Non-Executive Director and, for an earlier period, as Chairman of Enteq, will retire from the Board of Enteq on September 29, 2023. Iain has been a Director since the admission of Enteq to trading on AIM in 2011 and has provided extensive industry and public company guidance. A new Board appointment is intended to be made of an individual with direct and relevant experience to the RSS and Directional Drilling sector on which Enteq is now focused.공시 • Sep 06Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023, at 10:00 Coordinated Universal Time. Location: finnCap Group plc, 1 Bartholomew Close London United KingdomBoard Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Aug 10Enteq Technologies plc Provides Update Following Downhole Drilling Testing in North America for SABER System Field Trial UpdateEnteq Technologies plc provided an update following downhole drilling testing in North America for this game-changing alternative to traditional Rotary Steerable Systems (RSS), the SABER Tool ("SABER"). The SABER system met test objectives during extensive drilling, successfully generating steering forces to change the direction of the well at angles typically expected by the industry for many applications. Delivery of this performance confirms in the Directors' belief the technical ability of the SABER system to provide a competitive commercial solution. An independent survey was taken to validate the changes in trajectory. Successful completion of this testing in an operational test environment progresses the technology readiness level of SABER. Enteq will continue working with strategic regional industry partners to operate the SABER system, intending to conduct customer trials in a commercial environment, whilst continuing to engineer further performance enhancements identified during testing. SABER, Enteq's novel steering solution has the potential to disrupt the Rotary Steerable Systems market (greater than $2 bn p.a.) within the drilling industry with the potential for new levels of performance, both commercial and technical, for operators and service companies. With its ability to operate in high pressure and high temperature environment, SABER is suitable for use in geothermal drilling and methane capture, positioning it to support the energy transition. Equally, it is intended that SABER will offer significant advantages to oil and gas operators, reducing operating costs and improving overall cost of ownership.New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (€6.79m market cap, or US$7.50m). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).공시 • Jun 01Enteq Technologies plc Announces CFO ChangesEnteq Technologies Plc announced the appointment of Mark Ritchie as Chief Financial Officer, who will commence his role on 16 June 2023, succeeding the current CFO David Steel. Mark Ritchie is an associate member of the Chartered Institute of Management Accountants and has over 20 years' financial experience, ten years of which have been spent in Board level roles in private equity backed businesses. He most recently held the role of Finance and Support Services Director at Richard Irvin FM Limited and prior to that he was Group Finance and IT Director of ICR Integrity Limited. He has extensive strategic financial, commercial, M&A and successful business transformation experience with a track record of international expansion and business growth. David joined the Company in October 2012 shortly after Enteq was admitted to AIM in 2011 and has served as a director of the Company since June 2014. David will remain with the Company until the end of July 2023 to ensure an orderly handover of responsibilities.공시 • Feb 15Enteq Technologies plc Completes Preliminary Live Drilling Testing for SABER in Hard Rock Environment at Test-Site in NorwayEnteq Technologies plc announced that it has completed the preliminary live drilling testing for SABER in a hard rock environment at a test-site in Norway. The tool drilled over 100m through granite, demonstrating functionality of key elements of the system and confirming that the critical flow diverter can operate effectively to generate differential pressure and maintain a constant steering angle. Further valuable feedback on the tool performance was gained from this testing programme identifying as expected, some minor engineering changes for implementation prior to commercialisation. This encouraging performance has given the green light to proceed to additional directional drilling testing which is scheduled in North America and then customer field trials.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Sep 21+ 1 more updateEnteq Technologies Plc to Report First Half, 2023 Results on Nov 16, 2022Enteq Technologies Plc announced that they will report first half, 2023 results on Nov 16, 2022Reported Earnings • Jul 07Full year 2022 earnings released: US$0.011 loss per share (vs US$0.017 loss in FY 2021)Full year 2022 results: US$0.011 loss per share (up from US$0.017 loss in FY 2021). Revenue: US$7.31m (up 44% from FY 2021). Net loss: US$787.0k (loss narrowed 29% from FY 2021). Over the next year, revenue is forecast to grow 37%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Jul 06Enteq Technologies Plc, Annual General Meeting, Sep 21, 2022Enteq Technologies Plc, Annual General Meeting, Sep 21, 2022, at 11:00 Coordinated Universal Time. Location: finnCap, 1 Bartholomew Close London United KingdomBoard Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Feb 24Forecast to breakeven in 2023The 2 analysts covering Enteq Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.20m in 2023. Average annual earnings growth of 157% is required to achieve expected profit on schedule.Reported Earnings • Nov 21First half 2022 earnings released: US$0.018 loss per share (vs US$0.011 loss in 1H 2021)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2022 results: Revenue: US$2.32m (down 11% from 1H 2021). Net loss: US$1.21m (loss widened 65% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 2 analysts covering Enteq Upstream expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.20m in 2023. Average annual earnings growth of 111% is required to achieve expected profit on schedule.Reported Earnings • Jul 10Full year 2021 earnings released: US$0.017 loss per share (vs US$0.12 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.08m (down 53% from FY 2020). Net loss: US$1.11m (loss narrowed 86% from FY 2020).공시 • Mar 03Enteq Launches New Directional Drilling SystemEnteq announced the launch of its disruptive alternative to traditional rotary steerable systems; the SABER Tool (Steer-At-Bit Enteq Rotary Tool). The SABER tool, an evolution of the concept proven and tested by Shell and then licensed to Enteq, is now ready for next stage field trials. The SABER tool uses internally directed pressure differentials to steer from the drill bit face, delivering true "at-bit" geosteering. This mechanically simple design also removes the need for traditional pistons and pads that are susceptible to reliability issues - an approach which can create a smoother and more precise wellbore with easy to manage directional control. SABER will offer a robust, reliable, simple and cost effective directional drilling alternative to current RSS options.공시 • Feb 10Enteq Upstream plc Appoints Neil Bird as Rotary Steerable System Product DirectorEnteq Upstream Plc, announced the appointment of Neil Bird as Rotary Steerable System ("RSS") Product Director, a Non-Board position, ahead of the Company's launch of an innovative alternative to traditional RSS tools. Based in Houston, Neil will be responsible for the tool's development and commercialisation, with immediate priorities being static testing and field trials over the coming months. Neil brings more than 25 years' operational experience in RSS and directional drilling, including tenures at Baker Hughes and Weatherford, and an international perspective from time spent in the US, UK and Middle East. Neil will oversee an engineering team with combined experience of more than 150 years in RSS and directional drilling technology, which has re-engineered and optimised an alternative directional drilling design originally licensed by Enteq from Shell in 2019.Is New 90 Day High Low • Dec 23New 90-day high: €0.21The company is up 71% from its price of €0.12 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.46 per share.Recent Insider Transactions • Nov 19Commercial Director & Director recently bought €61k worth of stockOn the 12th of November, Andrew Law bought around 446k shares on-market at roughly €0.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €84k more in shares than they have sold in the last 12 months.공시 • Nov 13+ 1 more updateEnteq Upstream Plc Announces Management ChangesThe Board of Enteq Upstream Plc has announced its orderly succession plan that will enable and support the delivery of a focused strategy for technology innovation and earnings growth in a consolidating sector. As of 1 April 2021, Andrew Law, currently the Commercial Director, will become the Chief Executive Officer (CEO). Martin Perry, who is currently the CEO and a founding shareholder, will become the Non-executive Chairman.공시 • Sep 30Enteq Upstream Plc Appoints Andrew Law to the Board of Directors, as Commercial DirectorEnteq announced that Andrew Law was appointed to the Board of Directors, as Commercial Director, on 29 September 2020. Andrew joined Enteq on 2 January 2019 as Director of International Sales, a non-Board appointment. Initially Andrew's focus was on expanding Enteq's market share outside North America and since March 2020 Andrew has taken responsibility for Enteq's worldwide sales and fulfilment functions. Andrew has a background in the oilfield through Field Engineering at Schlumberger and General Management within Weatherford. Andrew has worked in corporate finance at KPMG.공시 • Sep 29Enteq Upstream Plc to Report First Half, 2021 Results on Nov 12, 2020Enteq Upstream Plc announced that they will report first half, 2021 results on Nov 12, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 5EQ 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 5EQ 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Enteq Technologies 배당 수익률 vs 시장5EQ의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (5EQ)n/a시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Energy Services)4.3%분석가 예측 (5EQ) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 5EQ 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 5EQ 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 5EQ 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 5EQ 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/06/02 16:56종가2025/04/30 00:00수익2024/09/30연간 수익2024/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Enteq Technologies Plc는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David BuxtonCavendishThomas RandsInvestec Bank plc (UK)
Breakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.
공시 • Aug 21Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024. Location: the offices of cavendish capital markets, 1 bartholomew close, ec1a 7bl, london United Kingdom
New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (€6.53m market cap, or US$7.08m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change).
공시 • May 25+ 1 more updateEnteq Technologies plc Announces Resignation of Mark Ritchie as DirectorEnteq Technologies plc announced the appointment of Amir Absoud as Head of Finance, on a contractual arrangement, who will commence his role on 24 May 2024, succeeding the current CFO Mark Ritchie. Amir is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an Economics Degree from the London School of Economics. Amir has experience from PwC in London, working with companies quoted on AIM. Amir held senior finance roles at oilfield and energy services companies in the UK and internationally. Amir has over two decades of experience working with small and large businesses to design, set up and manage finance and tax functions, implementing systems and offering strategic, commercial and tax advice. Amir is the founder and director of Upstreamly Ltd, a firm of Chartered Accountants focused on energy companies, with offices in London and Aberdeen. Upstreamly will be providing Enteq with accounting, tax, compliance and advisory services, and with Amir's services as Head of Finance. As Head of Finance, Amir will be an advisor and observer to the Board. Mark joined the Board in June 2023 and will remain with the Company as a Director until 31 May 2024 and as an employee until late June 2024 to ensure an orderly handover of responsibilities.
공시 • Feb 14Enteq Technologies plc Provides Update on the Progress of the SABER ToolEnteq Technologies plc provided an update on the progress of the SABER Tool (Steer-At-Bit Enteq Rotary) technology. Commercialisation highlights: The Company has a customer contract in place, as previously announced, which includes a first phase of customer testing. Customer testing, in Australia, is expected to commence in this financial year to 31 March 2024 (FY24). A purchase order has been received and US$100,000 is expected from the customer in H1FY25 for future commercial services. Commercial services in FY25 would commence following successful customer testing. An advanced shipment of SABER equipment (all heavy equipment for the initial kit) to Australia has left Enteq's facility in Houston. The build programme for further equipment is progressing as planned. Technical progress: The recently recruited Engineering Director has consolidated performance and production improvements. Further flow loop testing at an independent facility in Houston simulating typical drilling conditions validated design and performance specifications. Market introduction: A customer technology demonstration coupled with follow-up downhole drilling testing programme, at the Catoosa, USA test site, has been scheduled before the end of March 2024. Customers have been invited to witness the SABER technology being deployed in active drilling conditions. Introduction of new branding and website refresh.
New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (€9.51m market cap, or US$10.2m).
공시 • Oct 10Enteq Technologies Plc Appoints David William Macneill as Independent Non-Executive DirectorEnteq Technologies Plc announced the appointment of David William MacNeill as an independent non-executive director with immediate effect. David MacNeill brings over 30 years' knowledge in the international energy sector with extensive experience across drilling businesses. David has a background in directional drilling, with direct exposure to rotary steerable system development and operations. David has held executive roles in multinational and independent companies and resides in Dubai, UAE. Age: 56. Current directorships and/or partnerships: DWA Consultants (FZCO) and Spector Pipe Services Ltd. Historic directorships and/or partnerships (within the last five years): Thomas Energy Services Holding Inc., Thomas Energy Services LLC, TriAxon Energy Inc, Wellbore Integrity Solutions Canada Inc., Wellbore Integrity Solutions Guyana Inc., Wellbore Integrity Solutions Holdings LP, Wellbore Integrity Solutions Intermediate Holdings LLC, Wellbore Integrity Solutions LLC (USA incorporated), Wellbore Integrity Solutions LLC (Oman incorporated), Wellbore Integrity Solutions Parent Inc., Wellbore Integrity Solutions South Africa Pty. Ltd., Wellbore Integrity Solutions Trinidad Ltd. and WIS Global Resources Limited.
공시 • Sep 29Enteq Technologies plc Announces Retirement of Iain Paterson as Non-Executive DirectorEnteq announced a change in the Board composition. Iain Paterson who has served as a Non-Executive Director and, for an earlier period, as Chairman of Enteq, will retire from the Board of Enteq on September 29, 2023. Iain has been a Director since the admission of Enteq to trading on AIM in 2011 and has provided extensive industry and public company guidance. A new Board appointment is intended to be made of an individual with direct and relevant experience to the RSS and Directional Drilling sector on which Enteq is now focused.
공시 • Sep 06Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023, at 10:00 Coordinated Universal Time. Location: finnCap Group plc, 1 Bartholomew Close London United Kingdom
Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Aug 10Enteq Technologies plc Provides Update Following Downhole Drilling Testing in North America for SABER System Field Trial UpdateEnteq Technologies plc provided an update following downhole drilling testing in North America for this game-changing alternative to traditional Rotary Steerable Systems (RSS), the SABER Tool ("SABER"). The SABER system met test objectives during extensive drilling, successfully generating steering forces to change the direction of the well at angles typically expected by the industry for many applications. Delivery of this performance confirms in the Directors' belief the technical ability of the SABER system to provide a competitive commercial solution. An independent survey was taken to validate the changes in trajectory. Successful completion of this testing in an operational test environment progresses the technology readiness level of SABER. Enteq will continue working with strategic regional industry partners to operate the SABER system, intending to conduct customer trials in a commercial environment, whilst continuing to engineer further performance enhancements identified during testing. SABER, Enteq's novel steering solution has the potential to disrupt the Rotary Steerable Systems market (greater than $2 bn p.a.) within the drilling industry with the potential for new levels of performance, both commercial and technical, for operators and service companies. With its ability to operate in high pressure and high temperature environment, SABER is suitable for use in geothermal drilling and methane capture, positioning it to support the energy transition. Equally, it is intended that SABER will offer significant advantages to oil and gas operators, reducing operating costs and improving overall cost of ownership.
New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (€6.79m market cap, or US$7.50m). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
공시 • Jun 01Enteq Technologies plc Announces CFO ChangesEnteq Technologies Plc announced the appointment of Mark Ritchie as Chief Financial Officer, who will commence his role on 16 June 2023, succeeding the current CFO David Steel. Mark Ritchie is an associate member of the Chartered Institute of Management Accountants and has over 20 years' financial experience, ten years of which have been spent in Board level roles in private equity backed businesses. He most recently held the role of Finance and Support Services Director at Richard Irvin FM Limited and prior to that he was Group Finance and IT Director of ICR Integrity Limited. He has extensive strategic financial, commercial, M&A and successful business transformation experience with a track record of international expansion and business growth. David joined the Company in October 2012 shortly after Enteq was admitted to AIM in 2011 and has served as a director of the Company since June 2014. David will remain with the Company until the end of July 2023 to ensure an orderly handover of responsibilities.
공시 • Feb 15Enteq Technologies plc Completes Preliminary Live Drilling Testing for SABER in Hard Rock Environment at Test-Site in NorwayEnteq Technologies plc announced that it has completed the preliminary live drilling testing for SABER in a hard rock environment at a test-site in Norway. The tool drilled over 100m through granite, demonstrating functionality of key elements of the system and confirming that the critical flow diverter can operate effectively to generate differential pressure and maintain a constant steering angle. Further valuable feedback on the tool performance was gained from this testing programme identifying as expected, some minor engineering changes for implementation prior to commercialisation. This encouraging performance has given the green light to proceed to additional directional drilling testing which is scheduled in North America and then customer field trials.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Sep 21+ 1 more updateEnteq Technologies Plc to Report First Half, 2023 Results on Nov 16, 2022Enteq Technologies Plc announced that they will report first half, 2023 results on Nov 16, 2022
Reported Earnings • Jul 07Full year 2022 earnings released: US$0.011 loss per share (vs US$0.017 loss in FY 2021)Full year 2022 results: US$0.011 loss per share (up from US$0.017 loss in FY 2021). Revenue: US$7.31m (up 44% from FY 2021). Net loss: US$787.0k (loss narrowed 29% from FY 2021). Over the next year, revenue is forecast to grow 37%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Jul 06Enteq Technologies Plc, Annual General Meeting, Sep 21, 2022Enteq Technologies Plc, Annual General Meeting, Sep 21, 2022, at 11:00 Coordinated Universal Time. Location: finnCap, 1 Bartholomew Close London United Kingdom
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Feb 24Forecast to breakeven in 2023The 2 analysts covering Enteq Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.20m in 2023. Average annual earnings growth of 157% is required to achieve expected profit on schedule.
Reported Earnings • Nov 21First half 2022 earnings released: US$0.018 loss per share (vs US$0.011 loss in 1H 2021)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2022 results: Revenue: US$2.32m (down 11% from 1H 2021). Net loss: US$1.21m (loss widened 65% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 2 analysts covering Enteq Upstream expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.20m in 2023. Average annual earnings growth of 111% is required to achieve expected profit on schedule.
Reported Earnings • Jul 10Full year 2021 earnings released: US$0.017 loss per share (vs US$0.12 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.08m (down 53% from FY 2020). Net loss: US$1.11m (loss narrowed 86% from FY 2020).
공시 • Mar 03Enteq Launches New Directional Drilling SystemEnteq announced the launch of its disruptive alternative to traditional rotary steerable systems; the SABER Tool (Steer-At-Bit Enteq Rotary Tool). The SABER tool, an evolution of the concept proven and tested by Shell and then licensed to Enteq, is now ready for next stage field trials. The SABER tool uses internally directed pressure differentials to steer from the drill bit face, delivering true "at-bit" geosteering. This mechanically simple design also removes the need for traditional pistons and pads that are susceptible to reliability issues - an approach which can create a smoother and more precise wellbore with easy to manage directional control. SABER will offer a robust, reliable, simple and cost effective directional drilling alternative to current RSS options.
공시 • Feb 10Enteq Upstream plc Appoints Neil Bird as Rotary Steerable System Product DirectorEnteq Upstream Plc, announced the appointment of Neil Bird as Rotary Steerable System ("RSS") Product Director, a Non-Board position, ahead of the Company's launch of an innovative alternative to traditional RSS tools. Based in Houston, Neil will be responsible for the tool's development and commercialisation, with immediate priorities being static testing and field trials over the coming months. Neil brings more than 25 years' operational experience in RSS and directional drilling, including tenures at Baker Hughes and Weatherford, and an international perspective from time spent in the US, UK and Middle East. Neil will oversee an engineering team with combined experience of more than 150 years in RSS and directional drilling technology, which has re-engineered and optimised an alternative directional drilling design originally licensed by Enteq from Shell in 2019.
Is New 90 Day High Low • Dec 23New 90-day high: €0.21The company is up 71% from its price of €0.12 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.46 per share.
Recent Insider Transactions • Nov 19Commercial Director & Director recently bought €61k worth of stockOn the 12th of November, Andrew Law bought around 446k shares on-market at roughly €0.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €84k more in shares than they have sold in the last 12 months.
공시 • Nov 13+ 1 more updateEnteq Upstream Plc Announces Management ChangesThe Board of Enteq Upstream Plc has announced its orderly succession plan that will enable and support the delivery of a focused strategy for technology innovation and earnings growth in a consolidating sector. As of 1 April 2021, Andrew Law, currently the Commercial Director, will become the Chief Executive Officer (CEO). Martin Perry, who is currently the CEO and a founding shareholder, will become the Non-executive Chairman.
공시 • Sep 30Enteq Upstream Plc Appoints Andrew Law to the Board of Directors, as Commercial DirectorEnteq announced that Andrew Law was appointed to the Board of Directors, as Commercial Director, on 29 September 2020. Andrew joined Enteq on 2 January 2019 as Director of International Sales, a non-Board appointment. Initially Andrew's focus was on expanding Enteq's market share outside North America and since March 2020 Andrew has taken responsibility for Enteq's worldwide sales and fulfilment functions. Andrew has a background in the oilfield through Field Engineering at Schlumberger and General Management within Weatherford. Andrew has worked in corporate finance at KPMG.
공시 • Sep 29Enteq Upstream Plc to Report First Half, 2021 Results on Nov 12, 2020Enteq Upstream Plc announced that they will report first half, 2021 results on Nov 12, 2020