Top Page
Serica Energy
(LSE:SQZ)
Serica Energy (SQZ) vs. iShares MSCI United Kingdom ETF (EWC)
Serica Energy Business Overview & Revenue Model
Serica Energy Earnings Call Summary
Serica Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 459.22M | 727.18M | 632.64M | 998.52M | 514.14M | 125.64M |
| Gross Profit | 95.90M | 223.20M | 306.57M | 730.40M | 386.82M | -2.92M |
| EBITDA | 159.35M | 380.03M | 538.44M | 684.98M | 172.68M | 51.55M |
| Net Income | -42.20M | 92.43M | 102.98M | 215.17M | 79.29M | 7.78M |
Balance Sheet | ||||||
| Total Assets | 1.51B | 1.46B | 1.58B | 862.38M | 686.67M | 447.46M |
| Cash, Cash Equivalents and Short-Term Investments | 174.40M | 118.58M | 263.12M | 414.43M | 80.08M | 89.33M |
| Total Debt | 224.89M | 224.32M | 213.03M | 213.00K | 0.00 | 516.00K |
| Total Liabilities | 784.66M | 668.29M | 582.80M | 453.66M | 414.14M | 247.62M |
| Stockholders Equity | 722.10M | 796.46M | 655.26M | 408.72M | 272.53M | 199.85M |
Cash Flow | ||||||
| Free Cash Flow | -47.51M | 21.39M | 23.67M | 569.11M | 105.44M | 17.43M |
| Operating Cash Flow | 219.69M | 281.56M | 98.01M | 688.45M | 157.60M | 44.07M |
| Investing Cash Flow | -283.75M | -253.91M | -108.77M | -229.19M | -134.35M | -47.94M |
| Financing Cash Flow | -84.23M | -213.28M | -154.37M | -56.08M | -9.25M | -7.99M |
Serica Energy Technical Analysis
Serica Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | £778.62M | -4.68 | -22.53% | 10.49% | 56.20% | -185.69% | |
63 Neutral | £394.95M | -1,137.50 | -0.09% | 8.66% | 38.03% | 94.56% | |
60 Neutral | £786.05M | -30.67 | -4.31% | 9.30% | -32.89% | -239.58% | |
58 Neutral | £218.09M | -2.54 | -26.37% | 4.36% | -18.05% | -634.88% | |
55 Neutral | £176.21M | -4.19 | -11.54% | ― | -0.20% | -25.68% | |
53 Neutral | £583.78M | ― | 6.97% | ― | ― | ― |
Serica Energy Corporate Events
Serica Energy announced that its CEO, Christopher Cox, has purchased 64,007 ordinary shares in the company, increasing his total shareholding to 496,034 shares, which represents 0.12604% of the company’s voting shares. This transaction highlights the CEO’s confidence in the company’s future prospects and could positively influence stakeholder perceptions. The purchase aligns with Serica’s ongoing strategic initiatives, including the acquisition of Prax Upstream Limited and stakes in various offshore fields, which are expected to enhance its operational capabilities and market position.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £183.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy has entered into an agreement to acquire a portfolio of Southern North Sea assets from Spirit Energy Limited for £57 million, with completion expected in the second half of 2026. This acquisition is set to enhance Serica’s asset base by adding significant reserves and production capacity, including interests in the Cygnus field, one of the largest gas fields in the UK Continental Shelf. The transaction is expected to be immediately cash generative, contributing approximately $100 million in free cash flow by 2028, and will further diversify Serica’s operations while limiting decommissioning liabilities.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £183.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy has completed the acquisition of Prax Upstream Limited (PUL) for £14.5 million, adding the Lancaster field’s production to its portfolio. The Lancaster field is expected to cease production by mid-2026. The acquisition includes a cash balance of $34 million, with $12 million reserved for FPSO demobilization commitments. Serica is also set to finalize acquisitions from TotalEnergies and ONE-Dyas in the first half of 2026. Additionally, Serica has completed a farm-in for a 40% interest in the P2530 Licence, which includes the Wagtail oil discovery and other exploration prospects. The integration of PUL’s employees, including Alessandro Agostini, into Serica’s team is expected to enhance the company’s capabilities in managing non-operated assets.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £183.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy reported a strong rebound in production in November, averaging over 50,000 boepd, which reflects the potential of its portfolio. The company anticipates further production increases with the acquisition of Prax Upstream and the resumption of regular liftings from Triton, supporting its growth strategy through portfolio investment and M&A. Despite missed opportunities in the recent UK Budget to stimulate North Sea investment, Serica has clarity on fiscal and regulatory regimes, allowing it to focus on maximizing shareholder value. The company expects to complete the acquisition of Prax Upstream by mid-December, adding Lancaster production to its portfolio, and is exploring multiple M&A opportunities in the UK North Sea while progressing organic growth options.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy announced that NEO NEXT, a partner in the P111 and P2544 licences, has exercised its right of pre-emption, affecting Serica’s proposed acquisition of BP’s stake in these UK North Sea assets. Despite this setback, Serica remains committed to pursuing further M&A opportunities and organic growth to diversify its portfolio, increase production, and enhance shareholder value.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £234.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy has agreed to acquire a 40% interest in the P2530 Licence in the UK North Sea from Finder Energy for approximately £500,000. This acquisition includes the Wagtail oil discovery and other exploration prospects, adding an estimated 8 million barrels of contingent resources to Serica’s portfolio. The move enhances Serica’s growth opportunities and positions it for potential integration with the Triton FPSO, subject to feasibility studies and regulatory approvals. The decision to proceed with further development will be made by August 2026, impacting Serica’s operational strategy and stakeholder interests.
The most recent analyst rating on (GB:SQZ) stock is a Hold with a £234.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy has announced a delay in its planned move from the AIM to the Main Market of the London Stock Exchange, initially expected to be completed in the fourth quarter of 2025. The delay is attributed to recent mergers and acquisitions, which necessitate additional regulatory disclosures, including a Competent Person’s Report on acquired reserves and resources. The company now anticipates completing the move after publishing its audited FY 2025 accounts and consolidated year-end information, reflecting its commitment to advancing its market position despite the temporary setback.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy announced the resumption of production at the Triton FPSO following a temporary suspension due to an issue with the flare system. Production has now ramped up to over 25,000 boepd net to Serica, aligning with the company’s operational expectations. This development is significant for Serica’s production capabilities and may positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.