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SEPLAT Petroleum Development ( (GB:SEPL) ) just unveiled an announcement.
Seplat Energy Plc has announced the appointment of Engineer Saidu Aliyu Mohammed and Mr. Larry Ephraim Ettah as Independent Non-Executive Directors, effective January 1, 2026. This change follows the resignation of two board members and is part of Seplat’s succession plan to enhance its strategic growth objectives. Engineer Mohammed brings over 37 years of experience in the oil and gas industry, having held significant roles in the Nigerian National Petroleum Corporation, while Mr. Ettah is a seasoned business leader with extensive experience in corporate governance and strategic partnerships. Their appointments are expected to strengthen Seplat’s board with their complementary expertise, supporting the company’s continued success and strategic growth.
The most recent analyst rating on (GB:SEPL) stock is a Buy with a £279.00 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 strong financial performance and attractive valuation are the primary drivers of its overall score. The company’s strategic corporate events further enhance its outlook. However, technical indicators suggest caution due to bearish momentum.
To see Spark’s full report on GB:SEPL stock, click here.
More about SEPLAT Petroleum Development
Seplat Energy Plc is a prominent company in the energy sector, primarily focusing on oil and gas exploration and production. The company is known for its strategic initiatives in natural gas development and commercialization, with a significant presence in Nigeria and a commitment to advancing energy infrastructure projects.
Average Trading Volume: 157,709
Technical Sentiment Signal: Buy
Current Market Cap: £1.55B
For detailed information about SEPL stock, go to TipRanks’ Stock Analysis page.