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Longboat Energy Plc ( (GB:SEA) ) just unveiled an announcement.
Seascape Energy Asia has strengthened its board with the appointment of veteran oil and gas executive Michael (Mike) J Buck as an Independent Non-executive Director, bringing over four decades of international E&P experience across the UK, Indonesia, Colombia, Libya, Pakistan, Iran, Thailand and Mongolia to support the company’s next phase of growth and operational development. At the same time, long-serving director Graham Stewart, who has been instrumental in guiding the company’s strategic pivot to Southeast Asia and maintaining board continuity since its IPO in 2019, will not seek re-election at the June 2026 AGM, marking a planned transition that aligns board composition with Seascape’s evolving scale and operational ambitions.
The most recent analyst rating on (GB:SEA) stock is a Hold with a £69.00 price target. To see the full list of analyst forecasts on Longboat Energy Plc stock, see the GB:SEA Stock Forecast page.
Spark’s Take on GB:SEA Stock
According to Spark, TipRanks’ AI Analyst, GB:SEA is a Neutral.
The score is held down primarily by very weak financial performance (no revenue, widening losses, sustained negative free cash flow, and sharp equity erosion). Technicals are only neutral with modest near-term strength, while valuation is constrained by a negative P/E and no provided dividend yield.
To see Spark’s full report on GB:SEA stock, click here.
More about Longboat Energy Plc
Seascape Energy Asia plc is an exploration and production company focused on Southeast Asia, with a growing portfolio of oil and gas assets in Malaysia. The company has recently transitioned from its predecessor, Longboat Energy, pivoting its strategic focus toward the Southeast Asian E&P sector as it evolves into a more operationally driven business.
Average Trading Volume: 230,538
Technical Sentiment Signal: Buy
Current Market Cap: £44.19M
See more data about SEA stock on TipRanks’ Stock Analysis page.