EnQuest  7.0% 15 Apr 2022

Description Bond Information Company Information Capital Structure Key Financials Reports News & Stories

Business Description

Enquest is one of the largest independent North Sea oil producers. The company is focused on acquiring & improving maturing oil fields. As of June 2019, the company produced 30,000 barrels of oil per day.

EnQuest PLC was formed in 2010 following a merger between Petrofac and Lundin. In 2014, the company expanded it's operations to Malaysia.

Shares in the Company trade on both the London Stock Exchange and the NASDAQ OMX Stockholm (ENQ.L and ENQ.ST).

Bond Information

Coupon

7.0%

Maturity Date

15 Apr 2022

Next Interest Payment

15 Feb 2020

Interest Period

6 months

ISIN

XS0880578728

Asset Security

Unsecured

Amount

£500,000,000

Status

Payments on time

Company Information

Company Legal Name

EnQuest plc

Year of Incorporation

2010

Ownership Status

None

Registered Location

United Kingdom

Industry

Energy, Utilities & Infrastructure

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Capital Structure

Senior Debt

34%

Junior Debt

49%

Equity

17%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Type $m x EBITDA* % of capitalisation* Maturity* Coupon* EBITDA/Interest*
Cash na na na na na na
Revolving Credit Facility ($715m) na na na na na na
Working Capital Facilities na na na na na na
Other Loans na na na na na na
Net Senior Debt na na na na na na
USD PIK Toggles Bonds na na na na na na
GBP Retail PIK Toggle Bonds na na na na na na
Net Debt na na na na na na
Market Cap na na na na na na
Net Capitalisation na na na na na na
             
EBITDA na          
Cash interest na          

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary here

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Key Financials ($m) 2015A 2016A 2017A 2018A 6m 2018 6m 2019
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n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a

Source: Public Company information

£84.35

Market Price

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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