EnQuest CEO Says Company Has Cut Capex Significantly

EnQuest CEO Says Company Has Cut Capex Significantly

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the company's hedging strategy, production growth, and capital expenditure reduction. It highlights the impact of tax changes on the oil industry and explores the potential for shale oil production. The company has focused on reinvesting cash flow for growth rather than paying dividends. The discussion also covers the competitive advantage in operating late-life assets and the importance of maintaining infrastructure in the North Sea.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What competitive advantage does the company claim to have?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's stance on paying dividends in the near future?

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