ENQ Stock Overview
EnQuest PLC operates as an oil and gas development and production company, explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.21|
|52 Week High||UK£0.27|
|52 Week Low||UK£0.12|
|1 Month Change||15.02%|
|3 Month Change||-18.31%|
|1 Year Change||56.25%|
|3 Year Change||10.37%|
|5 Year Change||-57.00%|
|Change since IPO||-79.99%|
Recent News & Updates
|ENQ||GB Oil and Gas||GB Market|
Return vs Industry: ENQ exceeded the UK Oil and Gas industry which returned 21.1% over the past year.
Return vs Market: ENQ exceeded the UK Market which returned 8.7% over the past year.
|ENQ Average Weekly Movement||8.1%|
|Oil and Gas Industry Average Movement||7.8%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: ENQ is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ENQ's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
EnQuest PLC operates as an oil and gas development and production company, explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, the Greater Kittiwake Area, Scolty/Crathes, Alba, Thistle/Deveron, Heather/Broom, Alma/Galia, and the Dons area. The company also has interests in the PM8/Seligi and PM409 production sharing contracts in Malaysia.
EnQuest Fundamentals Summary
|ENQ fundamental statistics|
Is ENQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ENQ income statement (TTM)|
|Cost of Revenue||US$704.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.11|
|Net Profit Margin||-23.09%|
How did ENQ perform over the long term?See historical performance and comparison
Is EnQuest undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ENQ (£0.21) is trading below our estimate of fair value (£0.98)
Significantly Below Fair Value: ENQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ENQ is unprofitable, so we can't compare its PE Ratio to the UK Oil and Gas industry average.
PE vs Market: ENQ is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ENQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENQ is overvalued based on its PB Ratio (13.5x) compared to the GB Oil and Gas industry average (1x).
How is EnQuest forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
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 (0.9%).
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's 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 (-4.2% per year).
High Growth Revenue: ENQ's revenue is forecast to decline over the next 3 years (-4.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENQ's Return on Equity is forecast to be high in 3 years time (28.5%)
How has EnQuest performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENQ is currently unprofitable.
Growing Profit Margin: ENQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENQ is unprofitable, and losses have increased over the past 5 years at a rate of 35.3% per year.
Accelerating Growth: Unable to compare ENQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENQ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (63.2%).
Return on Equity
High ROE: ENQ has a negative Return on Equity (-546.76%), as it is currently unprofitable.
How is EnQuest's financial position?
Financial Position Analysis
Short Term Liabilities: ENQ's short term assets ($515.8M) do not cover its short term liabilities ($959.2M).
Long Term Liabilities: ENQ's short term assets ($515.8M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: ENQ's net debt to equity ratio (3077.3%) is considered high.
Reducing Debt: ENQ's debt to equity ratio has increased from 244.8% to 3794.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ENQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ENQ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.9% per year.
What is EnQuest current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ENQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENQ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ENQ's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Amjad Bseisu (57 yo)
Mr. Amjad Bseisu formed EnQuest PLC and has been its Chief Executive since 2010. Mr. Bseisu served as the Chief Executive Officer of Petrofac Energy Developments International Limited. He served as the Pre...
CEO Compensation Analysis
Compensation vs Market: Amjad's total compensation ($USD1.53M) is above average for companies of similar size in the UK market ($USD811.52K).
Compensation vs Earnings: Amjad's compensation has been consistent with company performance over the past year.
Experienced Management: ENQ's management team is considered experienced (4.7 years average tenure).
Experienced Board: ENQ's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ENQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.3%.
EnQuest PLC's employee growth, exchange listings and data sources
- Name: EnQuest PLC
- Ticker: ENQ
- Exchange: LSE
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: UK£381.772m
- Shares outstanding: 1.84b
- Website: https://www.enquest.com
Number of Employees
- EnQuest PLC
- Cunard House
- 5th Floor
- Greater London
- SW1Y 4LR
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:25|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.