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AIM:NTQFRA:5EQ
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Enteq upstream: Big opportunities, low valuation

Proactive analyst Ed Stacey talks to Katie Pilbeam about Enteq Upstream PLC (LON:NTQ) after recently releasing their interim results for the period ended 30 September.

Stacey explains that these were in line with the AGM statement which the company released in September. H1 revenues were US$2.6mln and the period-end net cash position was US$8.8mln.

Stacey believes that this cash position is sufficient for the company to trade through the current oil and gas industry slowdown and to continue financing new product developments.

Read Ed Stacey's latest research: Enteq Upstream: Big opportunities, low valuation

 

Quick facts: Enteq Upstream PLC

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AIM:NTQ

Price: 16.5 GBX

Market Cap: £11.36 m

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Enteq Upstream full year results: International opportunities and new...

Enteq Upstream PLC (LON:NTQ) chief executive Andrew Law joins Proactive London's Katie Pilbeam to explain the company's full-year results with a more positive outlook pointed to recent price stabilisation, rising US rig counts, international opportunities and new technology development. He...

on 9/7/21

2 min read