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Longboat Energy Plc (GB:SEA)
LSE:SEA

Longboat Energy Plc (SEA) Price & Analysis

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SEA Stock Chart & Stats

67.50 p
-0.02 p(-0.06%)
At close: 4:00 PM EST
67.50 p
-0.02 p(-0.06%)

Bulls Say, Bears Say

Bulls Say
Low LeverageA zero reported debt balance in the most recent years structurally reduces solvency and interest-rate exposure, giving management flexibility to fund exploration or seek project partners rather than servicing lenders. This lowers bankruptcy risk and preserves optionality over months ahead.
Asset-focused Upstream Business ModelA clear upstream strategy—acquiring license stakes and progressing discoveries—creates repeatable value-creation pathways (farm-ins, appraisals, development). Over 2–6 months, disciplined asset maturation and farm-downs can convert exploration value into partner-funded development milestones.
Lean Operating FootprintA very small headcount implies low fixed corporate overhead, enabling the company to allocate scarce cash to exploration and licences. This lean structure helps conserve cash and allows faster operational scaling with partners when opportunities arise, improving runway management.
Bears Say
No Revenue; Widening LossesSustained zero revenue and a sharp increase in losses indicate the business has not reached commercial production and is burning capital to progress assets. Without near-term revenue, the company depends on external funding, increasing dilution or project-delivery stress over the coming months.
Persistent Negative Cash FlowConsistent negative operating and free cash flow shows the company cannot self-fund exploration or appraisal. Rising cash burn in 2024 materially shortens the runway absent new financing or partner funding, raising execution and refinancing risk in the medium term.
Equity Erosion And Past Reliance On DebtSharp equity erosion reduces balance-sheet cushion and signals value dilution or losses absorbing capital. Historical reliance on debt in 2022 suggests funding has cycled between debt and equity, increasing the likelihood of future dilution or costly financing if exploration milestones are not achieved.

Longboat Energy Plc News

SEA FAQ

What was Longboat Energy Plc’s price range in the past 12 months?
Longboat Energy Plc lowest share price was 27.66 p and its highest was 90.00 p in the past 12 months.
    What is Longboat Energy Plc’s market cap?
    Longboat Energy Plc’s market cap is £52.40M.
      When is Longboat Energy Plc’s upcoming earnings report date?
      Longboat Energy Plc’s upcoming earnings report date is Sep 29, 2026 which is in 173 days.
        How were Longboat Energy Plc’s earnings last quarter?
        Currently, no data Available
        Is Longboat Energy Plc overvalued?
        According to Wall Street analysts Longboat Energy Plc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Longboat Energy Plc pay dividends?
          Longboat Energy Plc does not currently pay dividends.
          What is Longboat Energy Plc’s EPS estimate?
          Longboat Energy Plc’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Longboat Energy Plc have?
          Longboat Energy Plc has 70,339,110 shares outstanding.
            What happened to Longboat Energy Plc’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Longboat Energy Plc?
            Currently, no hedge funds are holding shares in GB:SEA
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Longboat Energy Plc

              Seascape Energy Asia plc, a full-cycle E&P company, focuses on acquiring oil and gas assets in Norway, Malaysia, South-East Asia, and the United Kingdom. The company was formerly known as Longboat Energy plc and changed its name to Seascape Energy Asia plc in September 2024. Seascape Energy Asia plc was incorporated in 2019 and is based in London, the United Kingdom.

              Longboat Energy Plc (SEA) Earnings & Revenues

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