EnQuest (OTC: OTC:ENQUF) is engaged in the exploration, extraction, and production of hydrocarbons in the United Kingdom Continental Shelf. While the stock has trended higher by 19% in the last one year, the stock's performance has been dismal in 2014 with the stock remaining stagnant even after a broad market rally. This initiating coverage on the company discussed the reasons for relatively depressed near-term sentiments and the reasons to remain bullish with a 2-3 year investment horizon.
Company And Assets
EnQuest is an oil and gas development and production company in the United Kingdom Continental Shelf. The company is the largest independent oil & gas producer in the UK North Sea.
EnQuest's principal UK assets at the...
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