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FTSE Factsheet FTSE COMPANY REPORT Share price analysis relative to sector and index performance Data as at: 17 July 2018 EnQuest ENQ Oil & Gas Producers — GBP 0.33 at close 17 July 2018 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 17-Jul-2018 17-Jul-2018 17-Jul-2018 0.45 120 140 1D WTD MTD YTD Absolute -1.5 -3.8 -6.8 15.8 130 110 Rel.Sector -2.0 -2.1 -5.1 8.8 0.4 Rel.Market -1.8 -3.5 -6.7 16.4 120 100 0.35 VALUATION 110 (local currency) (local 90 Trailing 100 0.3 Relative Price Relative Price 80 PE -ve Absolute Price Price Absolute 90 EV/EBITDA 18.2 0.25 70 80 PCF 2.1 PB 0.7 0.2 60 70 Price/Sales 0.9 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Div Yield 0.0 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Div Payout 0.0 100 100 100 ROE -ve 90 90 90 Net Debt/Equity 3.9 80 80 80 70 70 70 DESCRIPTION 60 60 60 50 50 50 The Group's principal activities are the exploration for, RSI (Absolute) RSI 40 40 40 and extraction and production of, hydrocarbons in the UK Continental Shelf, Malaysia and the Norwegian 30 30 30 North Sea. 20 20 20 RSI (Relative to FTSE UK All-Share Index) UK All-Share to FTSE (Relative RSI RSI (Relative to FTSE UK All-Share Sector) UK All-Share to FTSE (Relative RSI 10 10 10 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 See final page and http://www.londonstockexchange.com/prices-and-markets/stocks/services-stock/ftse-note.htm for further details. Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: EnQuest 17 July 2018 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 29-Jun-2018 29-Jun-2018 29-Jun-2018 10 20 1.4 9 1.2 8 15 +1SD 7 +1SD 1 6 0.8 5 10 +1SD Avg 4 Avg 0.6 3 Avg 0.4 5 -1SD 2 -1SD 0.2 1 -1SD 0 ǁǁǁǁ0 0 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Energean Oil & Gas 106.4 Energean Oil & Gas 99.1 Energean Oil & Gas 17.0 BP 35.4 Ophir Energy 49.5 Premier Oil 2.2 Oil & Gas Producers 26.5 EnQuest 18.2 Tullow Oil 1.7 Royal Dutch Shell B 22.4 Royal Dutch Shell B 8.5 BP 1.6 Royal Dutch Shell A 21.8 Royal Dutch Shell A 8.3 Royal Dutch Shell B 1.6 Cairn Energy 7.3 Oil & Gas Producers 8.1 Oil & Gas Producers 1.6 Ophir Energy -4.2 BP 6.9 Soco International 0.9 Premier Oil -5.1 Premier Oil 6.8 Cairn Energy 0.8 EnQuest -9.0 Nostrum Oil & Gas 6.5 EnQuest 0.7 Nostrum Oil & Gas -19.8 Soco International 0.0 Nostrum Oil & Gas 0.7 Tullow Oil -23.4 Cairn Energy 0.0 Ophir Energy 0.3 -40-200 20406080100120 0 20 40 60 80 100 120 024681012141618 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 29-Jun-2018 29-Jun-2018 29-Jun-2018 6 1 2 0.9 5 0.8 1.5 0.7 +1SD 4 0.6 +1SD 3 0.5 1 0.4 Avg 2 Avg 0.3 0.5 0.2 1 -1SD -1SD 0.1 0 0 0 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Energean Oil & Gas 42.2 Soco International 5.4 Cairn Energy 15.0 Cairn Energy 26.8 Royal Dutch Shell A 5.3 Energean Oil & Gas 15.0 Soco International 9.3 Royal Dutch Shell B 5.3 Soco International 2.7 Royal Dutch Shell B 8.9 Oil & Gas Producers 5.2 Ophir Energy 2.5 Royal Dutch Shell A 8.6 Tullow Oil 2.3 BP 5.1 Oil & Gas Producers 8.4 Nostrum Oil & Gas 1.2 Tullow Oil 0.0 Premier Oil 4.7 Royal Dutch Shell B 1.0 Ophir Energy 4.6 Premier Oil 0.0 Royal Dutch Shell A 0.9 Tullow Oil 4.6 Ophir Energy 0.0 EnQuest 0.9 Nostrum Oil & Gas 3.7 EnQuest 0.0 Oil & Gas Producers 0.8 EnQuest 2.1 Cairn Energy 0.0 BP 0.6 0 5 10 15 20 25 30 35 40 45 0123456 0 2 4 6 8 10 12 14 16 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: EnQuest 17 July 2018 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 29-Jun-2018 29-Jun-2018 29-Jun-2018 4 1 35 0.9 3.5 30 0.8 +1SD 3 +1SD 0.7 25 2.5 0.6 20 Avg 2 0.5 15 1.5 Avg 0.4 0.3 10 1 -1SD 0.2 0.5 5 -1SD 0.1 0 0 0 ǁǁǁǁ Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Jul-2013 Jul-2014 Jul-2015 Jul-2016 Jul-2017 Premier Oil 4.8 BP 100.0 Energean Oil & Gas 44.2 EnQuest 3.9 Oil & Gas Producers 100.0 Cairn Energy 11.2 Tullow Oil 2.0 Royal Dutch Shell B 6.7 Royal Dutch Shell B Nostrum Oil & Gas 1.6 100.0 Royal Dutch Shell A 6.7 Energean Oil & Gas 1.4 Royal Dutch Shell A 100.0 Oil & Gas Producers 6.1 Oil & Gas Producers 0.5 Ophir Energy 0.0 BP 4.3 Royal Dutch Shell B 0.4 Nostrum Oil & Gas 0.0 Ophir Energy -7.3 Royal Dutch Shell A 0.4 EnQuest -7.6 EnQuest 0.0 Cairn Energy 0.1 Tullow Oil -7.8 Ophir Energy 0.1 Energean Oil & Gas 0.0 Soco International -22.8 Soco International 0.0 Soco International 0.0 Premier Oil -35.0 0123456 0 20 40 60 80 100 120 -40-30-20-100 1020304050 ROE vs. PB — sector Du Pont Analysis 18 6 30 16 ENOG 5 25 14 4 20 12 3 10 2 15 PB 8 1 10 6 0 4 5 -1 2 PMO TLW RDSBBP. OilRDSA & Gas Produc -2 ǁǁ ǁ0 NOGENQSIA CNE 2014 2015 2016 2017 2018 OPHR 0 0 5 10 15 20 25 30 35 40 45 50 Net Margin Asset Turnover Gearing ROE (rhs) ǁ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: EnQuest 17 July 2018 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation).
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