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Enteq Upstream PLC Ord 1P (NTQ)

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30-Apr-2021 02:38 PM

Enteq recieves contract worth potentially USD$1.1m

Energy technology company Enteq has announced that it has received a rental contract valued up to $1.1 million (£0.79 million) over the next 18 months from an existing North American customer. The order relates to the rental of Enteq's core
25-Sep-2019 07:38 AM

Enteq Upstream announces revenue 50% higher than last year; ahead of expectations

Enteq, the oilfield services technology and equipment supplier, announced that the financial performance in the six months to 30 September 2019 is likely to show revenues more than 50% higher than the same period last year, with a doubling of the adjusted
12-Jun-2019 03:00 PM

Enteq Upstream approaches breakeven with sales boost

Drilling technology company Enteq Upstream narrowed its annual losses after boosting its sales. Pre-tax losses for the year through March amounted to $0.1m, compared to losses of $0.6m on-year. Revenue rose to $10.2m, up from $6.5m. Current market stab
26-Sep-2018 03:00 PM

Enteq Upstream says trading in line; headcount increasing

Oil services company Enteq Upstream said it was trading in line with management expectations, building on positive adjusted earnings achieved in the second half of the previous year. 'Incremental' sales had been made to new customers for rental
13-Jun-2018 09:06 AM

UK stocks open 0.3% weaker as Brexit uncertainty persists

UK stocks opened lower on Wednesday as Prime Minister Theresa May struggled to bridge government division over Brexit policy and investors braced for a US Federal Reserve decision on interest rates. At 0859, the benchmark FTSE 100 index was down 20.61 po
13-Jun-2018 08:30 AM

Enteq Upstream pretax losses narrow amid rising oil prices

Oil and gas drilling group Enteq Upstream reported Wednesday pre-tax losses narrowed in the year through March as the global oil and gas market steadied. For the year ended 31 March 2018, pre-tax losses narrowed to $0.6, from $1.1m the previous year, re
19-Sep-2017 01:57 PM

All resolutions passed at AGM of Enteq

Enteq Upstream has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:57pm: (LON:NTQ) Enteq Upstream share price was 0p at 20p Story provided by
19-Sep-2017 01:22 PM

Enteq provides update at AGM

Enteq Upstream made the following statement at today's Annual General Meeting, in which it confirmed that full year trading should be in line with its expectations. "The increase in the number of oil and gas rigs drilling on land in the USA to
14-Jun-2017 09:28 AM

Enteq Upstream improves FY loss

Enteq Upstream has posted an improved FY pretax loss of $1.1m, from a loss of $4.7m previously. Its revenue was lower at $4.8m, from $6.3m. The company's cash balance was at $15.3m, from $15.1m. "Enteq has maintained a sustainable business thr
13-Sep-2016 04:27 PM

Enteq resolutions passed at AGM

Enteq Upstream has confirmed that all resolutions proposed at its annual general meeting held earlier today were passed. At 4:27pm: (LON:NTQ) Enteq Upstream share price was 0p at 16p Story provided by
20-Apr-2016 11:35 AM

Enteq in line, board changes

Enteq Upstream (NTQ) says it expects to report both full year revenues and underlying EBITDA in-line with its expectations. The cash balance as at 31st March 2016 was USD15.1m, up both on the USD14.1m reported as at March 31st 2015 and USD14.6m reported a
15-Sep-2015 01:03 PM

Enteq resolutions passed at AGM

Enteq Upstream has confirmed that all resolutions proposed at its annual general meeting today were passed. At 1:03pm: (LON:NTQ) Enteq Upstream share price was 0p at 12p Story provided by
29-Apr-2015 09:12 AM

Enteq Upstream sees FY revenues in line

Enteq Upstream expects to report both FY revenues in line with its expectations and that the underlying EBITDA of the business remained positive. The cash balance as at 31 March 2015 was $14.1m, slightly higher than the $13.8m reported as of 30 Septemb
15-Jan-2015 07:23 AM

Enteq warns

Enteq now anticipates reporting FY sales substantially below both current expectations and those achieved in 2014. In response to recent oil price weakness, Enteq said it was witnessing reduced levels of capital equipment purchases and budgetary indicat
11-Sep-2014 01:05 PM

Enteq trading in line with forecasts

Oilfield services technology and equipment supplier Enteq Upstream confirmed that year to date trading is in line with management expectations. Shareholders at the annual general meeting earlier today were told that notable new business has been achieved
13-Jun-2014 08:30 AM

Enteq Upstream widens FY pretax loss

Enteq Upstream widened its FY pretax loss to $11.5m, from a loss of $0.6m previously. Revenue was $24.6m, from $15.4m. The latest results were hurt by a $9.8m impairment, from nil a year ago. "Our results for the financial year ended March 2014 show
16-Apr-2014 07:48 AM

Enteq outlook

Enteq Upstream, the oilfield services technology and equipment supplier, expects to report adjusted EBITDA of about $1.9m on revenues of about $24m for the financial year to March 31. "This is in line with market expectations and represents some 25%
11-Dec-2013 01:17 PM

Enteq makes CFO role redundant

Enteq Upstream's chief financial officer Ian Leaman has left the company after the role was made redundant. The AIM-listed oil and gas technology company's group financial controller, David Steel, has been appointed as finance director. He qua
21-Nov-2013 07:50 AM

Enteq Upstream narrows H1 pretax loss to $2.5m

Enteq Upstream narrowed its H1 pretax loss to $2.5m, from a loss of $3.5m. Revenue was $10.6m, from $5.3m. It said first-half trading was in line with management's full-year expectations. Revenue growth period by period indicated good market share g
11-Sep-2013 01:53 PM

Enteq shareholders approve all resolutions at AGM

Enteq Upstream (LON:NTQ), the oil and gas field services company, has announced that all resolutions put to the Annual General Meeting held earlier today were duly passed. At 1:53pm: (LON:NTQ) share price was 0p at 57.5p Story provided by StockMarke
16-Apr-2013 08:31 AM

Enteq Upstream sees FY results slightly ahead

Enteq Upstream, the oil & gas field services company said it expects its full-year results to be slightly ahead of expectations. The company said it has experienced some renewed order intake and shipments since last updating the market "Investment
28-Nov-2012 09:40 AM

Enteq insists acquisitions will pay off in the long term

Enteq, the oil & gas field services company reports revenues of $5.3m for the half year (Sept 2011: nil) and a loss before tax $3.5m (Sept 2011: $1.3m) EBITDA in Drilling Tools Division was $1.6m (Sept 2011: nil) and there was a consolidated adjusted EBI
07-Aug-2012 09:34 AM

Enteq Upstream raises funds for expansion

Enteq Upstream, the oil & gas field services company, had no reported revenues for the period 5 April 2011 to 31 March 2012. The loss during the period of $3.4m, as expected, incurred mainly as transaction costs, fund raising costs and salaries. It ha
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