Phosphoenolpyruvate carboxykinase (PEPCK) is an enzyme that catalyzes the conversion of oxaloacetate to phosphoenolpyruvate in gluconeogenesis. This enzyme is crucial for the synthesis of glucose from non-carbohydrate precursors, allowing organisms to maintain blood glucose levels during fasting or intense exercise. PEPCK plays a significant role in both the cytosol and mitochondria, highlighting its importance in metabolic pathways that involve energy production and storage.