Enquest PLC (OTCMKTS:ENQUF) – Equities researchers at Jefferies Group lifted their FY2017 earnings estimates for Enquest in a research note issued to investors on Wednesday. Jefferies Group analyst N. Kouzmanov now anticipates that the company will earn ($0.03) per share for the year, up from their previous forecast of ($0.05). Jefferies Group currently has a “Hold” rating on the stock. Jefferies Group also issued estimates for Enquest’s FY2018 earnings at $0.16 EPS and FY2021 earnings at $0.21 EPS.
Separately, Zacks Investment Research upgraded shares of Enquest from a “sell” rating to a “hold” rating in a research report on Monday, November 27th.
EnQuest PLC, together with its subsidiaries, explores for, extracts, and produces hydrocarbons in the United Kingdom Continental Shelf and Malaysia. It primarily holds interests in the Heather/Broom, Thistle/Deveron, the Dons area, the Greater Kittiwake Area, Alma/Galia, and Scolty/Crathes; and in the Kraken development, and a non-operated interest in the producing Alba oil field, as well as the PM8/Seligi production sharing contract and the Tanjong Baram risk services contract in Malaysia.
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