Primary Recommendation

Enquest - Forecast to nearly double oil production to 70,000 boepd by FY19

June 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

When Brent oil prices fell from US$112 / barrel in June ’14 to just US$35 / barrel at the start of ‘16 it seemed the world would end for oil exploration & production shares but the picture has brightened dramatically in their favour in recent months.The seeds for recovery were sown by a pact between Saudi Arabia, de-facto leader of oil cartel, OPEC and Russia, the world’s largest oil & gas producer, which reduced joint output by 1.8m barrels a day and this has eliminated a massive over supply in global stocks of 340m barrels to a position close to its long-term average. With the decks cleared, animal spirits have led an exciting rally to US$75 a barrel, with bulls pointing to Saudi’s recent comments ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Hollywood Bowl - Bowling operator enjoys high returns on capital

Enquest (June 2020)

Enquest (May 2020)

Enquest (January 2020)

Enquest - Debt being paid down quickly (October 2019)

Enquest (July 2019)

Enquest (May 2019)

Enquest (March 2019)

Enquest (February 2019)

Enquest (November 2018)

Enquest - Kraken oil field will transform cash generation (May 2018)

Enquest (November 2017)

Enquest - Giant Kraken field achieves first oil (August 2017)

Enquest (June 2017)

Enquest (April 2017)

Enquest - Â£82m equity fund raising boosts balance sheet (December 2016)

Enquest - 43% growth in production (November 2016)

Enquest - North Sea oil firm eyes strong production growth (June 2016)

Enquest - Shares rally as oil bounces (March 2015)

Enquest - North Sea oil producer to double production to 50,000 bopd by 2018 (August 2014)

EnQuest - Pipeline shut-down a small blip (October 2012)

Enquest (July 2012)

Enquest - North sea oil group eyes doubling in production and reserves (June 2012)

Enquest - Eyes 40,000 bopd in 2014 (March 2012)

Enquest (February 2012)

Enquest (October 2011)

Enquest - Large director share purchases make for the strongest buy signal (June 2011)

Enquest (October 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X