EnQuest PLC (ENQUF)
ValueMarkers Composite Index
94% below intrinsic value ($4)
EnQuest PLC (ENQUF) — VMCI valuation read
Headline read on ENQUF: VMCI of 50/100 versus a Energy sector median of 50. The 0-point below-median position is what makes EnQuest PLC a relative-value laggard in the mid-cap cohort, before any pillar-level review.
Form 4 filings on ENQUF: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.
**Investor frame.** Three reads on ENQUF: value (ENQUF trades at 19.0x earnings, 6% above the Energy median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Energy median (10.0%)), and risk (net debt to EBITDA of 0.2x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Energy 12.0x baseline.
ENQUF fell 1.4% over the trailing 7 days, with a -18.3% read on a 30-day basis.
EnQuest PLC operates as an oil and gas production and development company. The company explores for, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Scolty/Crathes, Greater Kittiwake Area, Alba, Dons area, and Alma/Galia. The company also has interests in the PM8/Seligi and PM409 production sharing contracts in Malaysia. In addition, it has five production hubs. As of December 31, 2021, the company had proved and probable reserves of 194 million barrels of oil equivalents. Further, it is involved in the construction, ownership, and operation of an oil pipeline; and marketing and trading of crude oil, as well as in leasing activities. EnQuest PLC was incorporated in 2010 and is based in London, the United Kingdom.
Related Stocks in Energy
Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.