EnQuest offers more than just oil price exposure, says Shore Capital
27th Mar 2026 12:48
(Sharecast News) - EnQuest's recent rally has a lot further to run, according to Shore Capital, which said it expects the stock to nearly double, saying that the business gives investors more than just exposure to a soaring oil price.
Read moreEnQuest reports sharp drop in annual profit
25th Mar 2026 09:16
(Sharecast News) - EnQuest reported a sharp drop in annual profit on Wednesday, as lower oil prices weighed on earnings, although production exceeded guidance and the group increased its dividend while reiterating its 2026 outlook.
Read moreCanaccord Genuity lifts EnQuest target price after Magnus transaction
23rd Feb 2026 11:18
(Sharecast News) - Canaccord Genuity has raised its target price for EnQuest from by over a quarter, hailing the "considerable value" unlocked by a transaction affecting the oil group's Magnus field in the North Sea.
Read moreEnQuest delivers above-guidance production, forecasts stability
23rd Feb 2026 09:23
(Sharecast News) - EnQuest said in an update on Monday that it delivered production above guidance in 2025 and strengthened its balance sheet through refinancing and a settlement related to the Magnus field, as it set out plans to maintain stable output in 2026 despite weather-related disruption in the UK North Sea.
Read moreEnQuest secures four-year extension to the Block 12W PSC
9th Feb 2026 09:45
(Sharecast News) - Energy firm EnQuest has secured a four-year extension to the Block 12W production sharing contract, awarded by PetroVietnam.
Read moreEnquest reiterates FY guidance, secures $800m lending facility
17th Dec 2025 07:45
(Sharecast News) - Exploration and production firm Enquest said on Wednesday that it remained on track to meet all of its 2025 guidance targets, with production set to come in at the upper end of forecasts.
Read moreEnQuest secures $800m debt refinancing
10th Nov 2025 11:51
(Sharecast News) - EnQuest confirmed it had secured new loan facilities totalling $800m on Monday, sending shares in the North Sea operator higher.
Read moreEnQuest confirms production guidance despite first-half loss
24th Sep 2025 10:10
(Sharecast News) - North Sea oil producer EnQuest insisted it remained on track to meet full-year production guidance on Wednesday, despite a fall in output in the first half.
Read moreEnQuest signs production sharing contracts in Indonesia
26th Aug 2025 10:38
(Sharecast News) - EnQuest announced Tuesday that it has signed production sharing contracts with the Indonesian government and joint venture partners for the Gaea and Gaea II exploration blocks in Papua Barat, marking its entry into Indonesia.
Read moreEnQuest removes Heather Alpha topsides in huge lift operation
14th Aug 2025 11:00
(Sharecast News) - EnQuest announced the completion of the safe removal of the Heather Alpha topsides on Thurdsay, marking a major milestone in its North Sea decommissioning programme.
Read moreEnQuest secures Brunei production sharing agreement
16th Jul 2025 11:24
(Sharecast News) - EnQuest announced on Wednesday that it has secured a production sharing agreement for Block C offshore Brunei Darussalam, marking a new entry into the country and further expanding its Southeast Asian gas portfolio.
Read moreEnQuest shares rise after Petronas recognition
10th Jun 2025 10:09
(Sharecast News) - EnQuest shares were rising on Tuesday morning, after the company was named Petroleum Arrangement Contractor of the Year at the Petronas Emerald Awards in Kuala Lumpur, marking the second consecutive year it received the top honour.
Read moreDeadline extended for Serica, EnQuest merger talks
4th Apr 2025 14:06
(Sharecast News) - Serica said on Friday that the deadline by which EnQuest was meant to either announce a firm intention to make an offer or walk away has been extended amid ongoing talks.
Read moreEnquest swings to post-tax profit in FY24 despite revenue drop
27th Mar 2025 08:41
(Sharecast News) - North Sea-focussed exploration and production firm Enquest said on Thursday that it had swung to a post-tax profit in FY24 despite reporting a drop in both production and revenues.
Read moreSerica in talks with EnQuest about possible combination
7th Mar 2025 09:56
(Sharecast News) - Serica confirmed on Friday that it is in talks with EnQuest about a possible combination.
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