EnQuest Future Growth

Future criteria checks 3/6

EnQuest's revenue is forecast to decline at 14.7% per annum while its annual earnings are expected to grow at 31.8% per year. EPS is expected to grow by 30.7% per annum. Return on equity is forecast to be 11.8% in 3 years.

Key information

31.8%

Earnings growth rate

30.7%

EPS growth rate

Oil and Gas earnings growth	1.2%
Revenue growth rate	-14.7%
Future return on equity	11.8%
Analyst coverage	Low
Last updated	11 Apr 2024

Recent future growth updates

Recent updates

Is EnQuest PLC (LON:ENQ) Trading At A 46% Discount?

Feb 22

Is EnQuest (LON:ENQ) Using Too Much Debt?

Nov 08

Need To Know: Analysts Just Made A Substantial Cut To Their EnQuest PLC (LON:ENQ) Estimates

May 26

Earnings and Revenue Growth Forecasts

LSE:ENQ - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	996	95	246	578	2
12/31/2025	1,145	136	70	580	4
12/31/2024	1,218	103	475	819	2
12/31/2023	1,487	-31	601	754	N/A
9/30/2023	1,636	-148	632	779	N/A
6/30/2023	1,785	-266	662	804	N/A
3/31/2023	1,819	-154	738	868	N/A
12/31/2022	1,854	-41	815	932	N/A
9/30/2022	1,738	298	820	929	N/A
6/30/2022	1,623	637	825	926	N/A
3/31/2022	1,445	507	719	800	N/A
12/31/2021	1,266	377	612	674	N/A
9/30/2021	1,086	162	530	584	N/A
6/30/2021	906	-54	448	494	N/A
3/31/2021	885	-262	419	508	N/A
12/31/2020	864	-470	390	521	N/A
9/30/2020	1,067	-718	502	675	N/A
6/30/2020	1,270	-966	613	828	N/A
3/31/2020	1,458	-708	669	895	N/A
12/31/2019	1,646	-449	725	962	N/A
9/30/2019	1,605	-161	685	913	N/A
6/30/2019	1,563	128	645	864	N/A
3/31/2019	1,431	128	610	829	N/A
12/31/2018	1,298	127	574	794	N/A
9/30/2018	1,067	40	388	642	N/A
6/30/2018	836	-47	202	490	N/A
3/31/2018	732	-54	68	396	N/A
12/31/2017	627	-61	-66	302	N/A
9/30/2017	693	1	N/A	331	N/A
6/30/2017	758	63	N/A	360	N/A
3/31/2017	778	124	N/A	370	N/A
12/31/2016	798	185	N/A	379	N/A
9/30/2016	837	-261	N/A	362	N/A
6/30/2016	876	-707	N/A	344	N/A
3/31/2016	892	-733	N/A	294	N/A
12/31/2015	909	-759	N/A	245	N/A
9/30/2015	924	-449	N/A	355	N/A
6/30/2015	940	-139	N/A	465	N/A
3/31/2015	984	-158	N/A	589	N/A
12/31/2014	1,028	-176	N/A	713	N/A
9/30/2014	1,016	-10	N/A	677	N/A
6/30/2014	1,003	156	N/A	641	N/A
3/31/2014	979	173	N/A	596	N/A
12/31/2013	955	190	N/A	551	N/A
9/30/2013	930	260	N/A	562	N/A
6/30/2013	905	331	N/A	572	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: ENQ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ENQ is expected to become profitable in the next 3 years.

Revenue vs Market: ENQ's revenue is expected to decline over the next 3 years (-14.7% per year).

High Growth Revenue: ENQ's revenue is forecast to decline over the next 3 years (-14.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ENQ's Return on Equity is forecast to be low in 3 years time (11.8%).

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EnQuest Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

EnQuest plc Provides Production Guidance for the Year 2024

EnQuest PLC Provides Group Production Guidance for the Year 2023

EnQuest PLC Reaffirms Production Guidance for the Full year 2023

EnQuest PLC Provides Production Guidance for the Year 2023

EnQuest PLC Provides Production Guidance for the Year 2022

EnQuest PLC Provides Production Guidance for the Year 2022

Recent updates

EnQuest plc Provides Production Guidance for the Year 2024

EnQuest PLC, Annual General Meeting, May 16, 2024

EnQuest PLC(OM:ENQ) dropped from OMX Nordic All-Share Index

EnQuest PLC(OM:ENQ) dropped from OMX Nordic All-Share Index

EnQuest PLC Announces Director Change

EnQuest PLC Announces Appointment of Salman Malik as CEO of Its Subsidiary ,Veri Energy

EnQuest PLC Appoints Jonathan Copus as CFO on 1 February 2024

EnQuest PLC Announces Submission of Application to Delist its Shares from Nasdaq Stockholm

EnQuest PLC Provides Group Production Guidance for the Year 2023

EnQuest Announces Update on Application to Delist its Shares from Nasdaq Stockholm

EnQuest PLC Appoints Karina Litvack as Non-Executive Director and Senior Independent Director

EnQuest Plans to Apply for Delisting of Its Shares from Nasdaq Stockholm

EnQuest PLC to Report First Half, 2023 Results on Sep 05, 2023

EnQuest PLC Reaffirms Production Guidance for the Full year 2023

Enquest Announces Securing the Offer of Carbon Storage Licences by the North Sea Transition Authority

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Is EnQuest PLC (LON:ENQ) Trading At A 46% Discount?

EnQuest PLC Provides Production Guidance for the Year 2023

High number of new directors

EnQuest PLC Announces Management Changes

EnQuest PLC Provides Production Guidance for the Year 2022

Is EnQuest (LON:ENQ) Using Too Much Debt?

EnQuest PLC to Report Fiscal Year 2022 Results on Mar 23, 2023

First half 2022 earnings released: EPS: US$0.11 (vs US$0.034 loss in 1H 2021)

EnQuest PLC Provides Production Guidance for the Year 2022

EnQuest PLC Provides Production Guidance for the Year 2022

High number of new directors

Enquest plc Announces Production Guidance for 2022

EnQuest PLC Announces Board Changes

Need To Know: Analysts Just Made A Substantial Cut To Their EnQuest PLC (LON:ENQ) Estimates

Consensus revenue estimates fall by 15%

EnQuest PLC Provides Production Guidance for the Year 2022

Here's Why EnQuest (LON:ENQ) Has A Meaningful Debt Burden

High number of new directors

Consensus forecasts updated

General Counsel exercised options and sold UK£17k worth of stock

EnQuest PLC Provides Production Guidance for the Year 2022

High number of new directors

First half 2021 earnings released: US$0.034 loss per share (vs US$0.28 loss in 1H 2020)

EnQuest PLC (LSE:ENQ) completed the acquisition of Whalsay Energy Limited from Whalsay Energy Holdings Limited.

EnQuest PLC Provides Production Guidance for the Year 2021

EnQuest PLC (LSE:ENQ) agreed to acquire Whalsay Energy Limited from Whalsay Energy Holdings Limited for $42 million.

Full year 2020 earnings released

EnQuest PLC Provides Production Guidance for the Year Ended December 31, 2021

New 90-day high: UK£0.21

EnQuest PLC Signs Agreement with Anasuria Hibiscus UK Limited

New 90-day high: UK£0.20

Analysts update estimates

EnQuest's (LON:ENQ) Stock Price Has Reduced 51% In The Past Three Years

Analysts update estimates

EnQuest PLC Appoints Liv Monica as Non-Executive Director, Member of the Audit Committee and the Safety,Climate and Risk Committee, Effective 15 February 2021

EnQuest PLC (LSE:ENQ) completed the acquisition of 40.81% stake in Bressay oil field from Equinor ASA (OB:EQNR).

Prosafe SE and EnQuest Agrees on a Settlement of the Cancelled Contract for the Safe Zephyrus in 2020

What Kind Of Shareholders Own EnQuest PLC (LON:ENQ)?

Laurie Fitch Step Downs as Non-Executive Director of EnQuest PLC, Effective 8 January 2021

Analysts update estimates

How Much Is EnQuest PLC (LON:ENQ) CEO Getting Paid?

EnQuest PLC to Report First Half, 2021 Results on Sep 02, 2021

EnQuest PLC Appoints Farina Khan as Non-Executive Director and Member of the Audit Committee and the Safety and Risk Committee

Analysts lower revenue estimates to US$915.7m

Analysts update estimates

Exxon Mobil Attracts Buyers for Its UK North Sea Assets

Analysts update estimates

Analysts lower revenue estimates to US$863.7m

First half earnings released

EnQuest PLC (LSE:ENQ) signed a purchase agreement to acquire 41% stake in Bressay oil field from Equinor ASA (OB:EQNR) for £13.7 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts