Member Info for ToxicBull

Benz totally destroyed shareholder value, whats next?

They need to keep drilling and expanding project.

Just get the funding out of the way.

Viera

A 10 bagger from 2.6p or from current sp?

How many holes can they drill with that?

Raise £3m now and they can continue without the need to raise again till jorc compliant..

Oil is ripping again..

@$114 oil, Enq were trading at 21p, now it will go higher..

Will be back over 20p soon, all those who sold before divi, kicking themselves..

Trump has run out of cards, by june reserves will be depleted, oil prices will soar further. Enq will have good year.

JPM: "Our analysis now suggests that oil prices should remain in the low $100s for most of the rest of this year, averaging $97 for 2026 as a whole"

BRENT TO STAY ABOVE $100 INTO 2026 AS SUPPLY BOTTLENECKS PERSIST

JPMorgan expects Brent crude to hold in the low-$100s through much of 2026, even if the Strait of Hormuz reopens in June, citing tight inventories and logistical constraints.

Aramco CEO says oil market will take months to normalize due to Hormuz disruption.

So even if deal signed today, oil will remain inflated. Enq will have good year this year. Looking forward to the AGM where we will get an update too.

As soon as trump stated hes going for ceasefire oil price heavily fell but it looks like deal will take over a month. Enq will be over 20p again..

Was $101, the first year of Ukraine war.

Straits is closed, oil shortages, paper and physical oil massive arbitrage. Oil will remain inflated all year, enq will rerate. Net debt will reduce significantly this year.

Iran JUST rejected US deal, oil fell over $15 since the fake news about deal is about to be agreed.

There is no deal oil needs to go back up..

I think enq has been oversold last few days. There is an trading update in few weeks and that will change the tune.

Dont sell your shares, oil shares will have good run in 2026.

Well enq is expected to generate around $260m fcf which will reduce the net debt significantly.

Whats important is that they give decent divi yield, investors ignore this..

Krakenoil

Why is oil in freefall now then? Theres no deal, trump just sent them a deal they want and its similar to the one he has been sending for weeks. Oil falling this much doesnt make sense. Even if straits opened today oil will still trade in high 80's all year on avg.

Profitaker

That is the remaining of 2026. Enq will generate plenty of FCF this year. There will be trading update in few weeks which will tell us more.

Krakenoil

Ignore the paper price, physical price alot higher, prices are not goin normal this year.

Hopefully most of the debt cleared this year too.

Oil will avg over $85 in 2026, still massive shortage.

Remember oil will remain over $85 this year, FCF around $250m.

Enq is cheap.