EnQuest (ENQUF) Expected to Announce Earnings on Wednesday

EnQuest (OTCMKTS:ENQUF) is expected to announce its results before the market opens on Wednesday, March 25th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $507.00 million for the quarter.

EnQuest Price Performance

Shares of OTCMKTS ENQUF opened at $0.25 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 2.58. The company has a 50-day moving average price of $0.19 and a 200-day moving average price of $0.16. EnQuest has a 1 year low of $0.13 and a 1 year high of $0.25.

EnQuest Company Profile

EnQuest plc is an independent oil and gas production company with core operations in the UK North Sea and Malaysia. The company focuses on the exploration, development and production of both onshore and offshore hydrocarbon reserves. In the UK, EnQuest’s portfolio includes a range of mature and brownfield assets such as the Magnus, Thistle, Thistle Alpha North and Kraken fields, where it applies enhanced recovery techniques to extend field life and optimise production. In Malaysia, EnQuest operates through its subsidiary, managing assets such as the North Sabah fields under production sharing contracts.

Founded in 2010 through the consolidation of Petrofac’s North Sea assets, EnQuest has grown through a combination of strategic acquisitions and in-house development projects.