29th Sep 2020 17:23
Enteq Upstream PLC - oil and gas drilling technology company based in Buckinghamshire - Reports "satisfactory" trading recovery from mid-March oil price slump and effects of Covid-19. Half-year revenue and adjusted earnings before interest, taxes, depreciation, and amortisation "likely to be in line" with management expectations. Says North American market remains "extremely subdued". Enteq says it continues to focus on sales opportunities outside its traditional North American onshore shale-based market.
Current stock price: 13.75 pence
Year-to-date change: down 47%
By Lucy Heming;Â [email protected]
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