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 | 657.44M | 727.18M | 632.64M | 998.52M | 514.14M | 125.64M |
| Gross Profit | 290.19M | 223.20M | 306.57M | 730.40M | 386.82M | -2.92M |
| EBITDA | 389.90M | 380.03M | 432.17M | 695.66M | 172.68M | 51.55M |
| Net Income | -7.19M | 92.43M | 102.98M | 218.52M | 79.29M | 7.78M |
Balance Sheet | ||||||
| Total Assets | 1.26B | 1.46B | 1.58B | 862.38M | 686.67M | 447.46M |
| Cash, Cash Equivalents and Short-Term Investments | 286.50M | 117.46M | 245.19M | 414.43M | 80.08M | 89.33M |
| Total Debt | 173.14M | 224.32M | 213.03M | 0.00 | 0.00 | 516.00K |
| Total Liabilities | 602.79M | 668.29M | 741.92M | 453.66M | 414.14M | 247.62M |
| Stockholders Equity | 658.08M | 796.46M | 655.26M | 408.72M | 272.53M | 199.85M |
Cash Flow | ||||||
| Free Cash Flow | -3.20M | 21.39M | 23.67M | 569.11M | 105.44M | 17.43M |
| Operating Cash Flow | 150.53M | 281.56M | 98.01M | 688.45M | 157.60M | 44.07M |
| Investing Cash Flow | -141.73M | -253.91M | -108.77M | -229.19M | -134.35M | -47.94M |
| Financing Cash Flow | -167.16M | -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 |
|---|---|---|---|---|---|---|---|
70 Outperform | £237.45M | 3.34 | 18.48% | 3.48% | -21.23% | ― | |
67 Neutral | £648.49M | 8.79 | -4.31% | 11.52% | -32.89% | -239.58% | |
66 Neutral | $15.04B | 9.28 | 7.36% | 5.56% | 3.96% | -72.38% | |
64 Neutral | £365.44M | 66.04 | 1.32% | 7.17% | 18.76% | ― | |
63 Neutral | £848.05M | ― | -16.60% | 7.65% | -11.09% | -110.76% | |
47 Neutral | £305.36M | ― | -4.37% | ― | -100.00% | ― |
Serica Energy Corporate Events
Serica Energy reported a resilient financial performance for the first half of 2025, despite challenges such as the downtime at the Triton FPSO. The company is optimistic about increasing production levels to around 50,000 boepd with new wells coming onstream and optimization work at the Bruce Hub. The company is also advancing future production opportunities, including the Belinda field, and plans to replicate the success of its recent drilling campaign. Serica’s robust cash position supports its strategy of funding organic growth and maintaining dividends, while also exploring M&A opportunities in the UK North Sea.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 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 slower-than-expected ramp-up to steady-state production at the Triton FPSO, following its restart in July. The delay is attributed to issues with the gas lift system and additional minor repairs, but production is expected to stabilize in August. The company anticipates production from the Bittern, Evelyn, and Gannet fields, with new wells in the Guillemot North West and Evelyn fields expected to increase output. Despite the delay, Serica maintains robust production from other assets and expects to achieve a potential output of over 55,000 boepd once all Triton fields are operational. The company’s 2025 production guidance has been slightly adjusted to 33,000-35,000 boepd.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy plc announced that its Chief Financial Officer, Martin Copeland, has purchased 45,000 ordinary shares at a price of GBP£1.614 per share, increasing his total shareholding to 107,500 shares. This transaction reflects confidence in the company’s future prospects and may positively influence investor sentiment, reinforcing the company’s market position.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 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 the resumption of production operations at the Triton FPSO following the completion of repairs and scheduled maintenance. The company expects production to ramp up and stabilize in July, with potential increases from two new wells. The maintenance included significant repairs and upgrades, which are anticipated to enhance the operational performance of the Triton FPSO, with no further planned outages for 2025.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy plc announced the transfer of 541,985 Ordinary Shares from Treasury to its Employee Benefit Trust to satisfy Legacy LTIP and SIP Awards. This transaction results in the company no longer holding any Ordinary Shares in Treasury, with a total of 393,568,408 Ordinary Shares now in issue, which defines the voting rights for shareholders and others with notification obligations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £232.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy plc announced the granting of nil-cost options over 1,703,189 ordinary shares under its 2017 Long Term Incentive Plan. These awards, aimed at incentivizing the executive team and senior management, are contingent on performance criteria related to total shareholder return and emissions reduction targets. This move is designed to align management’s interests with those of shareholders and enhance the company’s operational and environmental performance.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.
Serica Energy PLC announced that all resolutions proposed at its Annual General Meeting were passed by shareholders. The voting results indicate strong support for the company’s management and strategic direction, with most resolutions receiving over 98% approval. Additionally, Jérôme Schmitt retired from the Board, marking a change in the company’s leadership structure.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 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 positive trading and operations update, highlighting the successful maintenance and drilling activities at the Triton Hub, which are expected to significantly boost production and cash generation in the latter half of the year. The company also completed the acquisition of Parkmead (E&P) Limited, enhancing its tax position and strategic flexibility, while maintaining a disciplined approach to M&A and shareholder returns amidst a challenging regulatory environment.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 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 significant operational updates, including the completion of maintenance work at Triton, which is expected to resume production by the end of June. The company has also reported impressive drilling results from new wells, which are expected to boost production and cash generation. Additionally, Serica has completed the acquisition of Parkmead (E&P) Limited, enhancing its strategic flexibility and tax position. The company remains focused on converting resources to reserves and is preparing for a potential move to the Main Market of the London Stock Exchange.
The most recent analyst rating on (GB:SQZ) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Serica Energy stock, see the GB:SQZ Stock Forecast page.