EnQuest (LON:ENQ) Earns Buy Rating from Shore Capital Group

EnQuest (LON:ENQ)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital Group in a research note issued on Wednesday, Marketbeat.com reports.

ENQ has been the subject of several other research reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 15 price target on shares of EnQuest in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised EnQuest to a “neutral” rating and upped their price objective for the stock from GBX 11 to GBX 25 in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 22.40.

EnQuest Stock Up 7.3%

Shares of ENQ opened at GBX 18.97 on Wednesday. The company’s 50-day simple moving average is GBX 15.51 and its 200-day simple moving average is GBX 12.59. The company has a debt-to-equity ratio of 204.44, a quick ratio of 0.75 and a current ratio of 0.72. EnQuest has a 1 year low of GBX 9.72 and a 1 year high of GBX 21.35. The stock has a market capitalization of £352.57 million, a PE ratio of -3.16, a P/E/G ratio of 0.07 and a beta of 0.25.

More EnQuest News

Here are the key news stories impacting EnQuest this week:

• Positive Sentiment: Vietnamese output has started to flow, lifting group volumes and providing a tangible production boost that supports near-term cash generation. EnQuest increases volumes as Vietnamese output kicks in
• Positive Sentiment: Management is actively pursuing expansion in Southeast Asia and selectively in the North Sea, signalling growth optionality beyond current assets. EnQuest on hunt for Southeast Asia and North Sea expansion
• Positive Sentiment: EnQuest has kept its 2026 production guidance as Southeast Asia volumes build, which reduces near-term forecast risk despite the earnings hit. EnQuest Holds 2026 Output View as Southeast Asia Growth Builds
• Positive Sentiment: Shore Capital reaffirmed a “buy” rating, providing broker support that can help underpin the share price while the company executes on growth. Broker ratings / Shore Capital
• Neutral Sentiment: Political debate is heating up: commentators accuse the Labour party of discouraging North Sea investment, underlining policy risk that could influence future investor sentiment. Labour accused of killing North Sea oil investment
• Negative Sentiment: EnQuest reported a sharp fall in 2025 profit—effectively a c.98% drop—largely driven by a UK windfall tax charge and weaker oil prices, which materially reduced earnings and cash flow in the year. EnQuest 2025 profit crashes 98% on UK tax charge, lower oil prices
• Negative Sentiment: CEO comments warned that the current UK tax regime makes North Sea development “unviable,” highlighting structural fiscal risks that could constrain investment and future UK production. EnQuest CEO: UK tax regime makes North Sea energy exploitation unviable
• Negative Sentiment: Multiple outlets reported that annual profit was sharply down, reinforcing headline risk from the windfall tax and lower commodity prices. EnQuest annual profit hit by UK windfall tax and lower oil prices

About EnQuest

EnQuest is providing creative solutions through the energy transition.

EnQuest is an independent energy company. We focus on mature late-life assets, responsibly optimising production to provide energy security. Where we can, we repurpose our infrastructure to deliver renewable energy and decarbonisation projects before executing world-class decommissioning.

Shares in the Company trade on the London Stock Exchange (ENQ.L).