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SEPLAT Petroleum Development ( (GB:SEPL) ) has provided an announcement.
Seplat Energy PLC announced the currency exchange rate applicable for determining the Q1 2025 interim dividend for shareholders receiving payments in Naira. The exchange rate is set at US$1 = ₦1,584.9542, based on the CBN NFEM rate as of May 22, 2025. This announcement is significant for shareholders as it impacts the value of their dividend payments in local currency.
The most recent analyst rating on (GB:SEPL) stock is a Buy with a £2.50 price target. To see the full list of analyst forecasts on SEPLAT Petroleum Development stock, see the GB:SEPL Stock Forecast page.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Outperform.
SEPLAT Petroleum Development’s stock is well-positioned with strong financial performance, positive corporate events, and an attractive valuation. Despite mixed technical signals, the company’s strategic initiatives and effective management bolster investor confidence, supporting a favorable outlook 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 independent energy company based in Nigeria, listed on both the Nigerian Exchange Limited and the London Stock Exchange. The company focuses on the energy sector, providing essential services and products within the industry.
Average Trading Volume: 292,161
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.17B
Find detailed analytics on SEPL stock on TipRanks’ Stock Analysis page.
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