OverviewSuggest Edit

Enteq Upstream Plc and subsidiaries are engaged in acquiring, consolidating and operating companies providing specialist reach and recovery products and technologies to the upstream oil and gas services market. The Company's Drilling Tools division is engaged in the design, manufacture and selling of specialized parts and products for directional drilling and measurement while drilling (MWD) operations for use in the energy exploration and services sector of the oil and gas industry.
TypePublic
Founded2012
HQAscot, GB
Websiteenteq.com

Latest Updates

Employees (est.) (Feb 2021)19
Revenue (FY, 2019)£8.4 M(+58%)
Share Price (Apr 2021)£0.2
Cybersecurity ratingAMore

Key People/Management at Enteq Upstream

Martin Perry

Martin Perry

Chief Executive Officer, Director
David Steel

David Steel

Finance Director and Company Secretary
Iain Paterson

Iain Paterson

Non-Executive Chairman
Neil Hartley

Neil Hartley

Non-Executive Director
Andrew Law

Andrew Law

Commercial Director
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Enteq Upstream Office Locations

Enteq Upstream has offices in Ascot, Amersham, Houston and Santa Clara
Ascot, GB (HQ)
High St
Amersham, GB
St Mary's Court, The Broadway
Houston, TX, US
9302 Lambright Rd
Santa Clara, CA, US
Santa Clara, CA, USA
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Enteq Upstream Financials and Metrics

Enteq Upstream Revenue

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View revenue for all periods
Enteq Upstream's revenue was reported to be £8.41 m in FY, 2019
GBP

Revenue (FY, 2019)

8.4m

Gross profit (FY, 2019)

5.5m

Gross profit margin (FY, 2019), %

65.2%

Net income (FY, 2019)

(80.8k)

EBIT (FY, 2019)

(338.8k)

Market capitalization (16-Apr-2021)

11.7m

Closing stock price (16-Apr-2021)

0.2

Cash (31-Mar-2019)

9.8m

EV

1.9m
Enteq Upstream's current market capitalization is £11.7 m.
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.0m4.8m3.6m5.3m8.4m

Cost of goods sold

8.8m1.7m1.3m1.8m2.9m

Gross profit

5.2m3.1m2.4m3.6m5.5m

Gross profit Margin, %

37%65%65%67%65%
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

10.6m11.6m11.7m12.8m9.8m

Accounts Receivable

3.5m2.4m2.8m1.7m1.7m

Inventories

5.5m3.2m2.6m2.7m3.7m

Current Assets

20.0m17.5m17.2m17.2m15.2m
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash From Operating Activities

(1.0m)811.1k376.6k2.3m849.1k

Cash From Investing Activities

(2.5m)(152.4k)(339.3k)(2.5m)(4.1m)

Cash From Financing Activities

134.7k131.6k273.7k322.3k

Net Change in Cash

(3.6m)793.4k168.9k97.3k(2.9m)
GBPFY, 2015

Financial Leverage

1.1 x
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Enteq Upstream Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

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Enteq Upstream Online and Social Media Presence

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Enteq Upstream Blogs

Successful conclusion of the "real- time" azimuth and inclination measurement tool development project.

The two year project undertaken by Enteq's UK based engineering team to develop a "real- time" azimuth and inclination measurement tool has reached a successful conclusion.  The project was part funded by a grant obtained from the Technology Strategy Board of Innovate UK.   Following a recent proj…

Martin Perry, Enteq’s CEO, interviewed by Proactive Investor

Martin Perry, Enteq’s CEO, interviewed by Proactive Investor https://www.proactiveinvestors.co.uk/companies/stocktube/12231/enteq-upstream-expands-into-the-middle-east--now-lean-years-are-over--12231.html

Announces new Director of International Sales

Enteq are pleased to announce that Andrew Law joined on 1st January 2019 as the new Director of International Sales. Andrew has responsibility for all the customers in the Eastern Hemisphere with a focus on strategic development of these markets. Having obtained a degree in Mechanical Engineering, A…

Enteq presents at Oil Capital Conference

Martin Perry, Enteq’s CEO, is presenting at the investor-focused Oil Capital Conference on 31st January 2019 at 52 Chiswell St, EC1Y 4SD

View Oil Capital Conference Presentation

Martin Perry’s presentation at the London Oil Capital Conference, on 31st January 2019, can be viewed here https://youtu.be/j-0FwfJUxKA 

Announces filing of new patent application

 Enteq, the oilfield services technology and equipment supplier, announces the filing of a new UK patent application relating to a “real- time” azimuth and inclination measurement tool. This patent filing is a result of the work done by Enteq’s UK based development team that was set up by following …
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Enteq Upstream Frequently Asked Questions

  • When was Enteq Upstream founded?

    Enteq Upstream was founded in 2012.

  • Who are Enteq Upstream key executives?

    Enteq Upstream's key executives are Martin Perry, David Steel and Iain Paterson.

  • How many employees does Enteq Upstream have?

    Enteq Upstream has 19 employees.

  • What is Enteq Upstream revenue?

    Latest Enteq Upstream annual revenue is £8.4 m.

  • What is Enteq Upstream revenue per employee?

    Latest Enteq Upstream revenue per employee is £442.7 k.

  • Who are Enteq Upstream competitors?

    Competitors of Enteq Upstream include Hunting, Justiss Oil and Ring Energy.

  • Where is Enteq Upstream headquarters?

    Enteq Upstream headquarters is located at High St, Ascot.

  • Where are Enteq Upstream offices?

    Enteq Upstream has offices in Ascot, Amersham, Houston and Santa Clara.

  • How many offices does Enteq Upstream have?

    Enteq Upstream has 4 offices.