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SEPLAT Petroleum Development
(LSE:SEPL)
SEPLAT Petroleum Development (SEPL) vs. S&P 500 (SPY)
SEPLAT Petroleum Development Business Overview & Revenue Model
SEPLAT Petroleum Development Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.75B | 1.12B | 1.06B | 951.79M | 733.19M | 530.47M | Gross Profit |
| 790.18M | 479.90M | 532.00M | 464.74M | 285.19M | 124.58M | EBIT |
| 594.13M | 437.88M | 249.36M | 274.74M | 250.69M | 109.37M | EBITDA |
| 847.51M | 523.19M | 427.75M | 410.71M | 404.30M | 107.95M | Net Income Common Stockholders |
| 172.53M | 153.35M | 83.13M | 104.71M | 141.78M | -85.32M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 334.63M | 469.86M | 450.11M | 404.34M | 324.49M | 225.14M | Total Assets |
| 6.27B | 6.40B | 3.40B | 3.54B | 3.89B | 3.45B | Total Debt |
| 1.15B | 1.44B | 757.07M | 774.23M | 770.18M | 704.39M | Net Debt |
| 819.54M | 971.33M | 306.96M | 369.89M | 445.69M | 479.25M | Total Liabilities |
| 4.39B | 4.55B | 1.60B | 1.78B | 2.19B | 1.79B | Stockholders Equity |
| 1.85B | 1.83B | 1.77B | 1.78B | 1.77B | 1.70B |
| Cash Flow | Free Cash Flow | ||||
| 310.38M | 101.86M | 261.14M | 323.56M | 199.96M | 158.79M | Operating Cash Flow |
| 511.68M | 310.00M | 445.07M | 498.89M | 369.84M | 308.72M | Investing Cash Flow |
| -669.79M | -658.94M | -162.40M | -280.95M | -165.35M | -203.52M | Financing Cash Flow |
| 166.27M | 409.59M | -196.66M | -137.03M | -100.76M | -217.44M |
SEPLAT Petroleum Development Technical Analysis
SEPLAT Petroleum Development Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £1.18B | 8.71 | 9.56% | 4.94% | 89.44% | 540.95% | |
77 Outperform | £1.75B | 11.87 | 17.50% | 9.76% | -9.80% | -1.98% | |
73 Outperform | £2.32B | 13.61 | 5.54% | 12.08% | -16.96% | -34.52% | |
64 Neutral | £550.24M | 7.53 | 11.29% | 15.88% | -9.79% | -46.17% | |
62 Neutral | £3.04B | 21.62 | -2.87% | 11.16% | 29.33% | ― | |
56 Neutral | $7.25B | 3.36 | -3.66% | 5.65% | 0.66% | -50.71% | |
55 Neutral | £841.93M | ― | -16.60% | 12.81% | -11.09% | -110.76% |
SEPLAT Petroleum Development Corporate Events
Seplat Energy PLC held its Twelfth Annual General Meeting virtually, where all proposed resolutions were passed by the shareholders. Key resolutions included the approval of the audited financial statements for 2024, the declaration of a final dividend, the re-appointment of auditors, and the re-election of directors. Additionally, the shareholders approved an increase in the company’s issued share capital and amendments to the company’s Memorandum and Articles of Association. These decisions are expected to strengthen Seplat Energy’s financial position and support its strategic growth initiatives.
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 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.
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.
Seplat Energy has appointed Mrs. Bashirat Odunewu as the new Senior Independent Non-Executive Director of its Board, succeeding Mr. Bello Rabiu. Mrs. Odunewu brings 30 years of experience in finance and banking, with a focus on corporate banking, energy, and infrastructure, and has been a significant contributor to Seplat Energy’s board since 2022. Her appointment is expected to enhance the company’s strategic insight and governance, further strengthening its position in the energy sector.
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 bolstered by strong financial performance and positive corporate events. The company’s attractive valuation further enhances its appeal, although technical analysis presents mixed signals. The firm’s strategic initiatives and insider confidence support its market positioning and future prospects.
To see Spark’s full report on GB:SEPL stock, click here.
Seplat Energy PLC reported robust financial and operational performance for the first quarter of 2025, with a significant increase in production and revenue. The company achieved a 167% rise in production compared to the previous year, driven by strong performance at the Oben and Sapele Gas Plants. Financially, Seplat’s revenue surged by 350% to $809 million, supported by a strong cash position that allowed for early debt repayment and an increased quarterly dividend. The company’s strategic focus on integrating its operations and maintaining a low leverage balance sheet positions it well for future growth, despite the unpredictable global economic outlook.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Neutral.
SEPLAT Petroleum Development’s overall stock score is bolstered by strong financial performance and positive corporate events. The company’s valuation is attractive, although technical indicators show mixed signals. The firm’s strategic initiatives and insider confidence support its market positioning and future prospects.
To see Spark’s full report on GB:SEPL stock, click here.
Seplat Energy Plc announced an interim dividend of US4.6 cents per Ordinary Share, payable to shareholders registered by May 23, 2025. The dividend will be distributed in Naira and US Dollars, depending on shareholders’ holdings and documentation, with payments set to commence around June 6, 2025. This announcement reflects Seplat Energy’s ongoing commitment to returning value to its shareholders and may influence investor sentiment positively.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Neutral.
SEPLAT Petroleum Development’s overall stock score is bolstered by strong financial performance and positive corporate events. The company’s valuation is attractive, although technical indicators show mixed signals. The firm’s strategic initiatives and insider confidence support its market positioning and future prospects.
To see Spark’s full report on GB:SEPL stock, click here.
Seplat Energy Plc announced the resignation of two board members, Mr. Bello Rabiu and Mr. Babs Omotowa, following their appointments to the Board of NNPC Limited. The company expressed gratitude for their contributions and wished them success in their new roles. This change reflects Seplat Energy’s ongoing strategic alignment and engagement with key industry stakeholders, potentially enhancing its influence and operations within the energy sector.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Neutral.
SEPLAT Petroleum Development’s overall stock score is bolstered by strong financial performance and positive corporate events. The company’s valuation is attractive, although technical indicators show mixed signals. The firm’s strategic initiatives and insider confidence support its market positioning and future prospects.
To see Spark’s full report on GB:SEPL stock, click here.
Seplat Energy PLC has published its 2024 Annual Report and announced its twelfth Annual General Meeting to be held virtually on May 14, 2025. The report includes audited financial statements and management reports, highlighting the company’s strategic focus on asset integrity and risk management. The announcement underscores Seplat’s commitment to maintaining strong operational performance and financial stability, which is crucial for its stakeholders and future growth.
Spark’s Take on GB:SEPL Stock
According to Spark, TipRanks’ AI Analyst, GB:SEPL is a Neutral.
SEPLAT Petroleum Development’s overall stock score reflects its strong financial performance driven by revenue growth and a healthy balance sheet. Despite attractive valuation metrics, the stock lacks technical momentum. Positive corporate events, including strategic refinancing and insider share purchases, further bolster confidence in its market strategy.
To see Spark’s full report on GB:SEPL stock, click here.
Seplat Energy Plc announced that Mr. Babs Omotowa, an Independent Non-Executive Director, has purchased 18,000 ordinary shares, increasing his total holdings to 58,000 shares, which represents a 0.01% voting interest in the company. This transaction, conducted in compliance with regulatory requirements, underscores the confidence of the company’s leadership in its ongoing operations and strategic direction, potentially influencing stakeholder perceptions positively.
Seplat Energy Plc announced the successful results of its tender offer to purchase for cash all of its outstanding 7.750% Senior Notes due 2026. The company accepted $567,462,000 in aggregate principal amount of the notes, representing approximately 87.3% of the total outstanding, with settlement expected on March 21, 2025. This move is part of Seplat’s strategic financial management to optimize its capital structure, potentially enhancing its market positioning and operational efficiency.
Seplat Energy PLC announced that Mr. Babs Omotowa, an Independent Non-Executive Director, has purchased 20,000 ordinary shares, increasing his total holding to 40,000 shares. This transaction, which complies with relevant disclosure regulations, reflects a modest increase in Mr. Omotowa’s voting interest in the company, potentially signaling confidence in Seplat’s market position and future prospects.
Seplat Energy Plc has announced the pricing of its $650 million offering of 9.125% senior notes due in 2030. The proceeds will be used to repurchase the company’s outstanding 7.750% senior notes due in 2026 and cover transaction fees and expenses. This financial maneuver aims to optimize Seplat’s debt structure and potentially enhance its market position by addressing existing liabilities.
Seplat Energy Plc has announced the pricing of its $650 million senior notes due in 2030, with an interest rate of 9.125%. The proceeds from this issuance will be used to repurchase the company’s outstanding 7.750% senior notes due in 2026 and cover transaction fees. This strategic financial move is part of Seplat’s broader refinancing efforts, which include a tender offer for the 2026 notes, conditional on the successful completion of the new notes offering. This refinancing initiative is expected to enhance Seplat’s financial flexibility and strengthen its market position.
Seplat Energy Plc announced that its CEO and Executive Director, Mr. Roger Brown, has purchased 50,000 ordinary shares of the company, increasing his total shareholding to 4,203,776 shares, which represents a 0.7144% voting interest. This transaction, conducted in accordance with regulatory requirements, signifies confidence in the company’s prospects and may positively influence stakeholder perception and market positioning.
Seplat Energy Plc has announced a proposed offering of USD$650 million Senior Notes due 2030, with the aim of refinancing its existing 7.750% Senior Notes due 2026. This financial maneuver is intended to optimize the company’s debt profile and is contingent upon the successful completion of a concurrent tender offer for the outstanding 2026 Notes. The outcome of these transactions could significantly impact Seplat’s financial strategy and market positioning.
Seplat Energy Plc has announced a tender offer to purchase for cash any and all of its outstanding 7.750% Senior Notes due 2026. This move is part of the company’s strategy to manage its financial liabilities and cost of debt financing. The tender offer is contingent upon certain conditions, including the successful pricing of a new notes offering. The company intends to give preference to investors who tender their notes when allocating new notes, although it is not obligated to do so.
Seplat Energy PLC reported strong operational and strategic progress in 2024, highlighted by the acquisition of Mobil Producing Nigeria Unlimited, now renamed Seplat Energy Producing Nigeria Unlimited. This acquisition contributed to a significant increase in production and reserves, with production reaching 52,947 boepd, an 11% increase from 2023, and independently audited 2P reserves up 85% to 886 MMboe. The company’s financial performance showed a 5% increase in revenue to $1,116 million, although cash generated from operations decreased by 26% due to acquisition-related costs. Seplat declared a total dividend of $16.5 cents per share for 2024, reflecting confidence in its financial position and future growth prospects. The company plans to focus on re-opening wells and expanding its drilling campaigns in 2025, with a production guidance of 120-140 kboepd.
Seplat Energy Plc announced a final dividend of US3.6 cents and a special dividend of US3.3 cents per Ordinary Share, to be paid to shareholders on May 23, 2025. The dividends will be paid in Naira and US Dollars, depending on the shareholders’ holdings and valid certificates, with the exchange rate determined on May 8, 2025. This announcement reflects Seplat’s commitment to rewarding its shareholders and may enhance its market position by demonstrating financial stability and shareholder value.