EnQuest (OTCMKTS:ENQUF) Shares Gap Up – Here’s Why

EnQuest (OTCMKTS:ENQUF – Get Free Report) shares gapped up before the market opened on Friday. The stock had previously closed at $0.3969, but opened at $0.4273. EnQuest shares last traded at $0.4273, with a volume of 100 shares changing hands.

EnQuest Stock Performance

The company’s 50-day moving average price is $0.37 and its 200 day moving average price is $0.32.

About EnQuest

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EnQuest plc is an independent energy company engaged in the production, development and acquisition of oil and gas assets. Its activities include operating mature fields, extending the productive life of existing infrastructure, developing new resources and carrying out decommissioning work.

The company’s operations have primarily been focused on the United Kingdom Continental Shelf in the North Sea, where it produces crude oil, natural gas and condensate. EnQuest’s UK portfolio has included the Kraken, Magnus, Thistle and Heather/Broom assets, as well as associated production and infrastructure interests.

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