EnQuest PLC (OTCPK:ENQUF)
$ 0.1555 0 (0%) Market Cap: 294.64 Mil Enterprise Value: 1.18 Bil PE Ratio: 0 PB Ratio: 0.63 GF Score: 48/100

Full Year 2021 EnQuest PLC Earnings Call Transcript

Mar 24, 2022 / 09:30AM GMT
Release Date Price: $0.4 (+14.29%)
Amjad Bseisu
EnQuest PLC - Chief Executive & Executive Director

Good morning, ladies and gentlemen, and welcome to our 2021 full year results presentation. Joining me today in this presentation are Jonathan Swinney, on my left; and Bob Davenport on my right. Jonathan will present the financial results as usual with Bob covering global operations.

The situation in Ukraine is a true human tragedy on a large scale. Our thoughts and prayers are with all those who are currently suffering and we wish them a speedy resolution. As a responsible company, we've reviewed our commercial arrangements and do not consider we have any adverse exposure to the situation there. While the resulting higher oil price is helpful for our business, this crisis has also highlighted the importance of affordable and secure energy supplies, including the long-term transition to renewable energy.

EnQuest is a transition company taking upstream assets to decommissioning and also having an exciting hub for new energy at Sullom Voe that I will talk a little bit more about in the presentation. Companies like

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