Slack: C0A0ZC2NS48/ts:1771855531.6687

Author: Stuart Hardy Date: 2026-04-07 Type: slack Evidence: 1 Themes: 1

energy-sector-structural-positioning

🟢 [E1201] Enquest increased ownership of Magnus from 67% to 100% but not increased decommissioning liability (BP keeps theirs). Should add $40m FCF 2027, $25m thereafter. Free cash yield potentially 76% by 2027.
supporting · 2026-04-07