- United Kingdom
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- Oil and Gas
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- AIM:ENW
Enwell Energy First Half 2024 Earnings: EPS: US$0.039 (vs US$0.039 in 1H 2023)
Enwell Energy (LON:ENW) First Half 2024 Results
Key Financial Results
- Revenue: US$21.4m (down 22% from 1H 2023).
- Net income: US$12.6m (up 1.1% from 1H 2023).
- Profit margin: 59% (up from 46% in 1H 2023). The increase in margin was driven by lower expenses.
- EPS: US$0.039 (in line with 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enwell Energy Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 1.3% decline forecast for the Oil and Gas industry in the United Kingdom.
Performance of the British Oil and Gas industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Enwell Energy (of which 1 doesn't sit too well with us!) you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Enwell Energy might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:ENW
Enwell Energy
Engages in the exploration, development, and production of oil and gas properties in Ukraine.
Flawless balance sheet low.