EnQuest (ENQ)

Sector:

Energy Producers

Index:

FTSE Small Cap

11.76p
   
  • Change Today:
    -0.040p
  • 52 Week High: 16.50
  • 52 Week Low: 10.34
  • Currency: UK Pounds
  • Shares Issued: 1,860.03m
  • Volume: 689,246
  • Market Cap: £218.74m
  • Beta: 0.06

Enquest strikes Seligi field partnership agreement

By Iain Gilbert

Date: Tuesday 17 Dec 2024

LONDON (ShareCast) - (Sharecast News) - Exploration and production firm Enquest said on Tuesday that it has been awarded an agreement to develop approximately 155.0bn standard cubic feet of additional Seligi field gas resources, with a 50% equity share.
Enquest, in partnership with Petronas Carigali and E&P Malaysia Venture, has signed an agreement with Petroliam National Berhad through Malaysia Petroleum Management for the annexation of Seligi field non-associated gas and condensate, effective from 1 January 2025.

In addition, the parties also agreed on key terms for an upstream gas sales agreement relating to the supply of natural gas produced from the Selgi production sharing contract.

EnQuest will produce the additional Seligi field non-associated gas by modifying its existing infrastructure, which it said provides a cost-efficient way to deliver new volumes into the Peninsular Malaysia gas system and will help the nation meet its increasing energy needs.

These volumes also increase the gas component of Enquest's production, which aligns to the group's strategic aim to reduce its overall carbon intensity.

As of 1010 GMT, Enquest shares were down 0.88% at 10.59p.







Reporting by Iain Gilbert at Sharecast.com

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EnQuest Market Data

Currency UK Pounds
Share Price 11.76p
Change Today -0.040p
% Change -0.34 %
52 Week High 16.50
52 Week Low 10.34
Volume 689,246
Shares Issued 1,860.03m
Market Cap £218.74m
Beta 0.06

EnQuest Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.75% above the market average95.75% above the market average95.75% above the market average95.75% above the market average95.75% above the market average
68.57% above the sector average68.57% above the sector average68.57% above the sector average68.57% above the sector average68.57% above the sector average
Price Trend
20.25% below the market average20.25% below the market average20.25% below the market average20.25% below the market average20.25% below the market average
28.77% above the sector average28.77% above the sector average28.77% above the sector average28.77% above the sector average28.77% above the sector average
Income
97.00% above the market average97.00% above the market average97.00% above the market average97.00% above the market average97.00% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
86.1% below the market average86.1% below the market average86.1% below the market average86.1% below the market average86.1% below the market average
87.23% below the sector average87.23% below the sector average87.23% below the sector average87.23% below the sector average87.23% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 1
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EnQuest Dividends

  Latest Previous
  Final Final
Ex-Div 01-May-25 n/a
Paid 06-Jun-25 n/a
Amount 0.62p 0.000¢

Trades for 28-May-2025

Time Volume / Share Price
16:35 119,235 @ 11.76p
16:35 332 @ 11.76p
16:35 37 @ 11.76p
16:35 3,119 @ 11.76p
16:35 7,053 @ 11.76p

EnQuest Key Personnel

CEO Amjad Bseisu
CFO Jonathan Copus

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