Member Info for Krakenoil

I’m keeping my fingers crossed for a good strong move before Thursday, news share holder returns actually pencilled in, good forecast for this year followed by a steady climb towards 30p going into 2025.

EnQuest has always kept a tight ship on the run up to news but I wonder if they can keep a lid on next weeks results/news

A nice steady rise from here going into Thursday would be a nice positive sign in anticipation of seeing Returns finally pencilled in.

Shareholder value to rise over the next 12 months. Just hope Labour don’t ruin it

Stump must have either Sold out too early or missed out on the lows of last month

GB news sums him him perfectly

https://twitter.com/GBNEWS/status/1770567662034137512/video/1

You been filling your boots then Jan, don’t blame you.

God I hope we see mid to late 30’s this year.

Why would any pension fund risk being heavily invested in the UK when our governments are so anti profit and the Tax laws changed every other year. Our Lovely government have made this country un-investable.

There have been quite a few large off book trades going through over the past week or 2, that one this morning didn't push the price down either so MM seems happy to take them

Our lovely government !

Even with the $5 jump in oil prices UK oil stocks haven't moved, Before the windfall tax was announced our SP would have moved up 2p-3p

Is the market expecting the oil price to give back the $5 gain shortly.

There was a Scottish guy at the AGM last year moaning at AB about no shareholder returns and about failing SP

AB didn’t really respond - what else could he say.

The government screwed us all over not him

I hope we get a clear message of when returns will start with no beating round the bush.

Be even better if buybacks have already gone ahead taking advantage of the low SP.

EnQuest could have easily bought $25m of the shares over the past 3 months after the Bressay RNS, the volume was high enough.

BTF We have no volume

The market is waiting for to see what EnQuest says on the 28th, if returns are delayed or we get a politicians plan of action the market will 100% give up, its last chance saloon time.

The dangled carrot is a little grey, shrivelled and needs a shave.

Same old EnQuest, we’ll be back in the red before close

I still don’t think we are going to get returns this year, in my view it will be post the election and based on what Labour will do regarding the EPL

The plan will say something like “Shareholder returns will commence next year inline with the Kraken lease reduction and based on the terms of the next governments Spring budget. AB still has to focus on debt reduction as number one factor to cover increased profits raid and a drop in oil prices.

I think that’s why he hasn’t bought and more stock in the past year.

Looking at the larger sells going through over the past few weeks, looks like we still have a large seller in the background dumping stock into any rise.

We had the OU a couple of weeks ago, do you mean 2023 results?

Be lucky to hold 13p

Would be a very nice surprise if the company announced it had bought back 10% of the shares on the day of the results. Why not use half of the cash from the sale of Bressay/EP seeing as it can’t be grabbed by the government

So that's around 17250 daily production, Wondering if the weather has caused a problem with unloading.

When the North sea oil and Gas workers start kicking off over the risk of massive job losses and the public realise the reality and lies over the WFT and Net zero Labour will do the complete opposite