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EnQuest 2025 profit crashes 98% on UK tax charge, lower oil prices
| USA | economy | ✓ Verified - investing.com

EnQuest 2025 profit crashes 98% on UK tax charge, lower oil prices

#EnQuest #profit crash #UK tax charge #oil prices #2025 earnings #energy company #financial results

📌 Key Takeaways

  • EnQuest's 2025 profit fell by 98% due to a significant UK tax charge.
  • Lower oil prices also contributed to the sharp decline in profitability.
  • The company's financial performance was severely impacted by these combined factors.
  • The results highlight challenges in the UK oil and gas sector.

🏷️ Themes

Corporate Earnings, Energy Sector

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Source

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