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Is Enquest Plc (ENQ) Too Cheap To Ignore?
London based EnQuest PLC (LSE:ENQ) appears too cheap to ignore at a price to earnings ratio of close to two. It’s one of the UK’s largest independent oil producers in the North Sea offshore and has a presence in Malaysia. EnQuest’s assets include producing oil fields, new developments and a portfolio of discoveries. The company managed to increase its net average barrels of oil equivalent production per day (BOEPD) from 36,567 in 2015 to 39,751 in 2016, from its global operations.
London based EnQuest PLC (LSE:ENQ) appears too cheap to ignore at a price to earnings ratio of close to two. It’s one of the UK’s largest independent oil producers in the North Sea offshore and has a presence in Malaysia. EnQuest’s assets include producing oil fields, new developments and a portfolio of discoveries. The company managed to increase its net average barrels of oil equivalent production per day (BOEPD) from 36,567 in 2015 to 39,751 in 2016, from its global operations.
Issue #4
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- Accepted by admin
- Type of issue
- IV page is missing essential content
- Reported
- Jun 16, 2017