The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEnquest Share News (ENQ)

Share Price Information for Enquest (ENQ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 15.02
Bid: 15.14
Ask: 15.20
Change: -0.42 (-2.72%)
Spread: 0.06 (0.396%)
Open: 15.00
High: 15.30
Low: 14.84
Prev. Close: 15.44
ENQ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: TT Electronics trading encouraging, revenue jumps

Tue, 09th May 2023 17:09

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

EnQuest PLC - London-based energy company with assets in the UK and Malaysia - Signs agreement, on behalf of the PM8 production sharing contract parties with Petronas to support Peninsular Malaysia's gas demand by providing additional gas from the Seligi field through the existing PM8E PSC facilities until the end of 2025. Expects the agreement to increase EnQuest's gas production by around 25 million standard cubic feet per day initially from associated gas. Explains increasing gas production aligns with EnQuest's strategy of responsibly managing existing energy assets, enhancing exposure to gas and international assets, and will contribute to a reduction in EnQuest's carbon intensity.

----------

Windward Ltd - Tel Aviv, Israel-based maritime predictive intelligence company - Reports demand for Windward's AI powered predictive intelligence platform has continued into 2023, delivering top line growth which is expected to reduce the time taken to reach profitability. Now has over 150 customers, up from 132 at the start of the year.

----------

Reabold Resources PLC - London-based oil and gas company with projects in the UK, US and Romania -

Agrees to buy 3.1% shareholding in LNEnergy Ltd for GBP250,000 cash. Deal includes options to acquire further shares in LNEnergy which would result in Reabold holding a 25% stake in the company for GBP3.8 million in cash and shares. Notes LNEnergy's primary asset is an option over a 90% interest in the Colle Santo gas field, onshore Italy in the Abruzzo region.

----------

Glenveagh Properties PLC - Dublin-based housebuilder - Chair John Mulcahy buys 210,000 shares at EUR0.94 each worth around EUR199,000.

----------

TT Electronics PLC - Surrey, England-based electronics provider - Provides update on trading in the first four months of 2023. Reports momentum from last year has continued and trading in the year to date has been encouraging, reflecting the structural growth of TT's end-markets and the strength of customer relationships. Points out group revenue was 16% higher than the previous year on a constant currency basis. Adds the performance in Power and Connectivity is much improved on the first half of 2022 and Sensors and Specialist Components and GMS divisions continue to perform well. Further, highlights the order book remains close to record levels and current year expected revenues are now almost fully covered by orders. Holds guidance for the full year.

----------

Octopus Renewables Infrastructure Trust PLC - London-based investment firm, focused on electricity generation assets - Reports net asset value at March 31 is 107.7 pence per share, down from 109.4p at December 31. Explains ORIT benefits from a high proportion of fixed contracted revenue, and at March 31, around 78% of forecast revenue over the 24-month period to March 31 2025 is fixed and therefore not exposed to near-term power price fluctuations.

----------

Bradda Head Lithium Ltd - Isle of Man-based, US-focused lithium exploration company - Announces soil sampling results confirming a nine kilometre mineralised trend along with further significant drill hole intercepts of high grade lithium bearing minerals on multiple targets. Notes these results were from the third and final set of assay results from the maiden diamond core drilling programme at Bradda's 23 square kilometre San Domingo pegmatite district in Arizona.

----------

Cobra Resources PLC - Gold, rare earth and IOCG exploration company focused on the Wudinna Project in South Australia - Announces further gold results from a recent 20-hole, 2,466 metre reverse circulation drilling programme and the completion of a dual purpose, 95-hole regional Aircore drilling programme. Highlights significant resource expansion potential at the White Tank 13,000 ounces gold resource, demonstrated by CBRC0070 which intersected 12 metres at 2.35 grams per tonne of gold from 54 metres, including 2 metres at 8.5 grams per tonne of gold. Further, notes increased strike of gold mineralisation at the Clarke prospect to over 700 metres. Adds Aircore drilling programme confirmed Redox conditions within a significantly scalable palaeo-drainage system that is considered highly prospective for ion-adsorbed rare earth elements mineralisation.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
20 Sep 2022 09:30

LONDON BROKER RATINGS: HSBC cuts Ocado to 'reduce' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
8 Sep 2022 09:22

LONDON BROKER RATINGS: Morgan Stanley cuts ITV to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
6 Sep 2022 11:30

EnQuest shares fall as it confirms windfall tax payment; profit rises

(Alliance News) - EnQuest PLC on Tuesday posted its pretax profit rising sharply as it benefited from buoyant oil prices while producing slightly more.

Read more
6 Sep 2022 10:15

SMALL-CAP WINNERS & LOSERS: EnQuest drops as operating costs soar

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
24 Aug 2022 09:45

LONDON BROKER RATINGS: Unilever and Petrofac cut, Marshalls upgraded

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
2 Aug 2022 13:30

EnQuest achieves rise in half-year average net output; keeps outlook

(Alliance News) - EnQuest PLC on Tuesday hailed a "good start to the year", as it maintained its annual net production guidance.

Read more
2 Aug 2022 10:37

SMALL-CAP WINNERS & LOSERS: EnQuest output up; more travel sector woe

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
25 Jul 2022 15:54

DIRECTOR DEALINGS: EnQuest CEO buys 4 million shares in two weeks

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
22 Jul 2022 18:23

IN BRIEF: EnQuest Chief Executive Bseisu lifts stake

EnQuest PLC - oil and gas production in UK North Sea and Malaysia - Chief Executive Amjad Bseisu purchases 442,189 shares at a price of 25.3 pence each, totalling GBP111,873.82 on Wednesday and 720,625 shares at 24.9p each on Thursday, worth GBP179,435.63. Both purchases were made via investment vehicle Double A Ltd. Bseisu's total shareholding was not disclosed.

Read more
18 Jul 2022 18:23

DIRECTOR DEALINGS: Moonpig Non-Exec Director buys GBP118,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
18 Jul 2022 10:50

SMALL-CAP WINNERS & LOSERS: Motor insurance woes hit Sabre again

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
15 Jul 2022 09:49

LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
13 Jul 2022 10:57

SMALL-CAP WINNERS & LOSERS: Read-across lifts Braemar, drags Marston's

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
13 Jul 2022 10:02

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
8 Jul 2022 10:11

SMALL-CAP WINNERS & LOSERS: EnQuest and AO World recover some losses

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.