We are a long way off any shareholder return, no point in talking about it until Enquest give a plan on how all this FCF will be used. We need another 12-18 months with Brent at $80 to make a nice dent in our debt pile. 1.5p per month Increase to the SP is fine by me. But with FCF around $50month is that enough ?
Simply wall street think fair value is 85p ! Do they just pluck figures out of the sky or has someone there actually carried out a in depth forecast valuation
I bet Boris is rubbing his hands together, we all know we are going to be told it’s heat pumps and electric cars for us by some stupidly unrealistic date, this little tiny island is a laughing stock