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SEPLAT Petroleum Development ( (GB:SEPL) ) has shared an update.
Seplat Energy PLC announced the currency exchange rate applicable for determining the final and special dividend for 2024, with the rate set at 1 USD = 1,609.6357 NGN. This announcement is significant for shareholders receiving dividends in Naira, impacting their financial returns and reflecting the company’s ongoing financial strategies.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Outperform.
SEPLAT Petroleum Development’s overall stock score is driven by strong financial performance, effective management of resources, and positive corporate events that bolster investor confidence. Although technical indicators show mixed signals, the company’s attractive valuation further supports its investment appeal in the oil and gas sector.
To see Spark’s full report on GB:SEPL stock, click here.
More about SEPLAT Petroleum Development
Seplat Energy PLC is a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange. The company focuses on the energy sector, providing essential services and products within the industry.
Average Trading Volume: 293,192
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.16B
See more data about SEPL stock on TipRanks’ Stock Analysis page.