Member Info for Pelle

EBITDA around 1b with 80 oil

2 shares 08:01?

Visit simply wall page and found Enquest is now in same valuations as Colombian and Russian oil companies, PE 1.
10 years ago Enquest was the safe choice on Sweden stock market with premium valuations compared to some Lundin companies operating in Africa etc.
What a strange development

There is also a shareholder list down to 0,6% for Enq.
Never seen it before.
Think you need log in on page to see it

https://simplywall.st/stocks/se/energy/sto-enq/enquest-shares#information

Also found a company Frontera, slightly cheaper than Enq. Anyone knows more?
https://www.fronteraenergy.ca/content/uploads/2022/11/November-2022-Corporate-Presentation.pdf

Many on Swedish discord waiting for Gazania drill by Eco Atlantic LTD, Africa Energy , Africa Oil.
Eco have most upside and we should find out soon any day.
If its a hit and shares spike, think several will move profits into Enquest me included

When this reach 60p next year Romaron can have as many pints he can drink. Lol.

3,1b is on EV or?
Based on production size Enq should then be around 2,3b EV.
That’s SPx2,5 of today

Vikings will keep an close eye on socialist regime.
We didn’t raise money 2-3 times for Sunak come and steal it. Brazil is more investment friendly, at least for a few hours more.. or maybe still if socialist win

Tiger, look on the page again. End June total debt 1250m. 1012m is today

Sunak?
To bend this SP we need Beckham

Looking forward to hear from Hosie, Not :-)

Buy backs worked very well on IPCO and Africa oil.
Of course a heavy divi like 100-200m usd per year would work also.
But I think best do buy backs 1 year or so and then start divi

SIPP, Enq will be close to debt free end next year.
A better investment for us is start buybacks already within 6 months something

Hello Kamrat,
So you at 51,5k and realised oil price 110 usd.
Then I get even higher numbers than you.
Anyway, it all looks good :-)

Kamrat,
What production and price you used for that FCF 2023?
I get with 50k and 95 oil around FCF 600-650m after WFT 72m.

I have not included additional pay for GE 50m

Söder,
Enq have decom + lease 730+400m
HBR have decom + lease 5100+875m
Considering the size of production they basically on same level.
But I believe Enquest have more length in reserves

Voi,
Swedish Enquest discord ask if you can post some print screens on discord?
You welcome there

https://discord.gg/ja6ukaRJ

Lol

https://twitter.com/deitaone/status/1579817286671929345?s=46&t=1v_ku56psVR1LGou3xyKOg

Thanks E,
I get EV/EBITDA now 1,25
In 5-6 months EV/EBITDA will be below 1 with this Mcap.
That’s insane. Lol

Good morning,
Think I read that windfall tax will be paid in Dec.
Is it only one payment month all for all year?
Just want to model it correctly in my file

KO, it’s just back up the truck and load the dividend:-)