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Share Name Share Symbol Market Type Share ISIN Share Description
Seplat Energy Plc LSE:SEPL London Ordinary Share NGSEPLAT0008 ORD NGN0.50 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.80 0.81% 99.00 207,497 16:35:07
Bid Price Offer Price High Price Low Price Open Price
98.40 99.00 99.00 98.40 98.40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 542.17 131.14 17.75 5.0 558
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:07 UT 940 99.00 GBX

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Date Time Title Posts
13/6/202207:36Nigerian Oil Stocks with production93
23/5/202219:31SEPLAT511
18/8/201413:02BUY AND HOLD in SEPLAT-
09/5/201407:53SEPLAT2

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Seplat Energy (SEPL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:0799.00940930.60UT
15:29:3198.80836825.97AT
15:28:3198.802,4882,458.14AT
15:18:0298.60169166.63AT
15:06:5898.60356351.02AT
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Seplat Energy (SEPL) Top Chat Posts

DateSubject
29/6/2022
09:20
Seplat Energy Daily Update: Seplat Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SEPL. The last closing price for Seplat Energy was 98.20p.
Seplat Energy Plc has a 4 week average price of 96.40p and a 12 week average price of 96.40p.
The 1 year high share price is 138.50p while the 1 year low share price is currently 70.20p.
There are currently 563,444,561 shares in issue and the average daily traded volume is 527,437 shares. The market capitalisation of Seplat Energy Plc is £555,556,337.15.
19/5/2022
18:23
swanvesta: Oh dear. Need a bigger brown envelope? Https://uk.advfn.com/stock-market/london/seplat-energy-SEPL/share-news/Seplat-Energy-PLC-Response-to-media-on-proposed-ac/88163346?xref=newsalert
12/5/2022
16:56
seatank8300: Rogerramjett, the dividend is paid 4x per year, currently at a level of US$0.025 (2.5 cents) quarterly, of which 10% is lost to withholding tax, so the net amount is 2.25 cents quarterly, or 9 cents aggregated over 12 months. That today equates to 7.38p annually, but fluctuates with the USDGBP FX. Today's share price is 122p, which means the share has a dividend yield of 6.05%. More pertinently, the dividend costs the company around US$59m annually in cash out, which compares to Free Cash Flow of circa $180m under the strictest definition of FCF. So the company could pay out 3x if they wanted to, at current oil prices. Post Exxon deal, FCF should triple or quadruple. It will take the company 1 or 2 years to pay down debt from the acquisition, thereafter the company will generating >$600m of FCF annually in my view, which amounts to >70% of the market cap, at current oil prices. Note that there are other cash generative catalysts besides, such as the new pipeline about to be commissioned, and the ANOH gas to liquids facility next year. A 70% annual yield would certainly be nice, but I don't think it'll happen, even if the oil price stays >$100; far more likely that SEPL will make further acquisitions (e.g. Shell Nigeria) or invest in new gas assets or solar assets, but the dividend will rise. I expect it will at least double when ANOH is commissioned, in 12 months time (i.e. circa $60m additional EBITDA will paid out to shareholders). Still, the company will be generating too much cash to put to work, so I would expect the dividend to triple at least, ultimately. That would be 18% yield at today's share price, twelves months from now. This is just my expectation, based on my own speculative judgements, but I fully believe in them.
10/5/2022
13:41
seatank8300: Share price is down on minimal volume. It's a feigned retreat. Structural direction of travel is still upwards IMHO.
29/4/2022
08:12
krall: Sale of Ubima - it feels like a good price they recived. Not much production or reserves booked on the licence. Decision to exit Ubima to focus on more profitable assets; agreement reached to sell Seplat Energy's share to its JV partner for $55 million. 2P reserves reduce by 2 MMboe. We have not reported any production for Ubima in Q1 2022 as the Seplat Energy Board approved an exit from the Ubima asset in April 2022. The Ubima asset, operated by All Grace Energy Limited (AGEL) was acquired in 2019 as part of the Eland acquisition. A settlement agreement of $55 million has been agreed with AGEL and we expect to receive payments in due course. Ubima is in a high operating cost environment, with major evacuation challenges currently being experienced in the Niger Delta. Because substantial capital expenditure would be required to create more secure evacuation routes, the decision to exit will enable us to invest in other parts of our business that generate higher returns. Current reserves in Ubima stand at approximately 2 MMbbls and necessary adjustments to the financial statements will be made in the second quarter and reported in the 6M 2022 results.
21/4/2022
18:55
seatank8300: Q1: 1.0 MMbbls @ $50/bbl & 1.0MMbbls @ $55/bbl; Q2: 2.0 MMbbls @ $55/bbl; Q3: 1.0 MMbbls @ $55/bbl hxxps://www.seplatenergy.com/media/qqrahhro/seplat-energy-fy-2021-results-presentation-final-28022022.pdf Whether they roll them forward or settle them and replace with much higher oil price level hedges, I don't know. Either way, cash generation should jump this year with the oil price at the current level. Operating cash flow was $369m in 2021. This year will see a good increase on that: oil price much higher, ampuke escravos pipeline operational, less production downtime due to bottlenecks, improved flow at OML 40 (Eland asset), hedges rolling off.
28/2/2022
09:56
zengas: Sepl Revenue results this am end 2021 = $733m. Net debt $426m. Acquisition costs $1283m - expect a reduction of about $200m due to consideration effective from 1/1/21. Overall net debt becomes circa $1.5b. (Other $300m contingent consideration would be paid from share of oil above $70/b and non material as it works out at just paying $1-$2 per barrel extra from income above that $70/b mark. 2P OIL reserves = 650 mmbls (945 mmboe incl gas). Oil production rises to about 115,000 bopd (146k boepd incl gas). Would expect revenues to be $2+ billion. Overtakes KOS/TLW at a stroke with i expect $500m - $1b less net debt yet 1.5 - 2X production and 2 - 4.5X reserves. 588m shares @ 110p = £650m m/cap. Already paying $58m/yr dividend worth 7.4p/share. Transformational deal so fair value should become £2-£2.50 (£2.50 = £1.47b m/cap). Plus effect of having $500m minimum of less net debt is worth another 50p on the share price in comparing to TLW/KOS. =============================================== Kosmos listed in London Aug 2017 with 389m shares and £5.20 = £2b m/cap + $1.28b net debt. Now 452m shares F/D and results out this am. From 110 mmbls P2 in 2017 and today = 580 mmboe P2. Year/Revenue/Production/Net Debt with (£ M/Cap in brackets). 2016 $310m/18,500 bopd/ $1.32b 2017 $578m/30,500 bopd /$1.28b (110 mmbls P2) (£2b m/cap) 2018 $886m/50,500 bopd/$2.12b (£2.8b m/cap) 2019 $1.5b/68,000 bopd/$2b (£2.1b m/cap) 2020* $804m/60,800 bopd/$2b (£2b - £350m/cap) 2021 $$1.32b/70,000 boepd/$2.59b (£1.53b m/cap) ------------------------------ Tullow from end 2016 with 914m shares , 2017 = 1386m shares and currently 1.43b shares in issue. Also 550 mmbls reserves/resources end 2016 to 220 mmbls P2 now. Year/Revenue/Production/Net Debt with (£ M/Cap in brackets). 2016 $1.27b/67,100 boepd/$4.8b (£3b m/cap) 2017 $1.7b/89,000 boepd/$3.5b (£2.7b m/cap) 2018 $1.9b/88,200 boepd/$3.1b (£2.43b m/cap) 2019 $1.68b/86,800 boepd/$2.8b (£989m m/cap) 2020* $1.396b/74,900 boepd/$2.37b (£425m - £140m m/cap) 2021 'Expected to be $1.3b/59,200 boepd/$2.1b' (£745m m/cap) . "Oil production guidance is 55 to 61 kboepd 2022" ============================== OilPrice.com historic Brent chart used . April 2017 $55/b with an average Nov 2017 - Jan 2020 of approx $65/b. Substantial crater in 2020 with recovery to and stayed over $65/b since March 2021. (2020* = Price crash/revenue & m/cap range).
25/2/2022
07:45
krall: Huge for Seplat - 25 February 2022 PROPOSED CASH ACQUISITION of Mobil Producing Nigeria Unlimited ("MPNU") by Seplat Energy Plc ("Seplat Energy" or the "Company") Lagos and London, 25 February 2022: Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, is pleased to announce that it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited ("MPNU") from Exxon Mobil Corporation, Delaware ("ExxonMobil") (the "Transaction"). Completion of the Transaction is subject to Ministerial Consent and other required regulatory approvals. Transaction summary · Seplat Energy Offshore Limited, a wholly owned Nigerian subsidiary of Seplat Energy Plc, has entered into a Sale and Purchase Agreement to acquire the entire share capital of MPNU for a purchase price of $1,283 million plus up to $300 million contingent consideration, subject to lockbox, working capital and other adjustments at closing relative to the effective date · The Transaction encompasses the acquisition of the entire offshore shallow water business of ExxonMobil in Nigeria, which is an established, high-quality operation with a highly skilled local operating team and a track record of safe operations, producing 95 kboepd (W.I.) in 2020 (92% liquids) Transformational impact · The Transaction will create one of the largest independent energy companies on both the Nigerian and London Stock Exchanges, and bolster Seplat Energy's ability to drive increased growth, profitability and overall stakeholder prosperity · Based on 2020 pro forma working interest volumes for Seplat Energy and MPNU, the transaction delivers: o 186% increase in production from 51 kboepd to 146 kboepd o 170% increase in 2P liquids reserves, from 241 MMbbl to 650 MMbbl o 14% increase in 2P gas reserves from 1,501 Bscf to 1,712 Bscf, plus significant undeveloped gas potential of 2,910 Bscf (JV: 7,275 Bscf) o 89% increase in total 2P reserves from 499 MMboe to 945 MMboe[1] o Includes offshore fields with dedicated, MPNU-operated export routes offering enhanced security and reliability Supporting Nigeria's energy transition and objectives of the Petroleum Industry Act · This is the first transaction to be announced since the Nigerian Government's recently ratified Petroleum Industry Act ("PIA"), and supports its key objectives · Seplat Energy is fully committed to working with the Nigerian Government to bring these strategically important national assets fully into Nigerian ownership alongside NNPC · Development of MPNU's gas resources will support the Federal Government's objective to achieve a pragmatic, progressive and just energy transition for Nigeria Details of the Transaction · Seplat Energy will acquire the entire share capital of MPNU from Exxon Mobil Corporation, Delaware (USA Incorporated), with an effective date of 1 January 2021 for a consideration of $1,283 million, subject to lockbox, working capital and other adjustments at closing relative to the effective date · The Transaction agreement also includes potential additional contingent consideration of up to $300 million in total, payable over the period 1 January 2022 to 31 December 2026, and contingent upon average Brent crude oil prices exceeding $70 per barrel and subject to MPNU's average working interest production exceeding 60 kboepd (JV: 150 kboepd) in such calendar year · The consideration implies an attractive EV / 2P metric of $2.9/boe, with significant gas upside potential A strong operating portfolio The MPNU portfolio primarily consists of: · A 40% operating ownership of four oil mining leases (OMLs 67, 68, 70, 104) and associated infrastructure (NNPC is the 60% partner) · The Qua Iboe Terminal, one of Nigeria's largest export facilities · 51% interest in Bonny River Terminal and Natural Gas Liquids Recovery Plants at EAP and Oso · It does not include ExxonMobil's deep-water assets in Nigeria · MPNU will operate as a standalone subsidiary of Seplat Energy and upon closing and following receipt of requisite regulatory approvals, Seplat Energy will align MPNU with its overall strategic goals and ESG objectives
28/10/2021
08:40
ashkv: Some bumps on the road due to pipeline issues in Q3 that curtailed production - However with ANOH Gas plant on track for Q2 2021 - huge catalyst underway and should easily double from current share price. I wish SEPL announce a Share Buy Back along with their dividend.... 28 Oct 2021 Unaudited results for the nine months ended 30 September 2021 Brent - $83 Share Price - 91 Market Cap GBP -£535,410,000 GBPUSD - 1.375 Market Cap USD -$736,188,750 Net Debt - $479,800,000 Inventory - $72,786,000 Decommisioning - $157,678,000 SEPL Guidance (48-50k FY 2021) -49,000 SEPL Actual Prod Q3 2021 - 47,280 SEPL Oct Current Production - 51,000 Enterprise Value (USD) - $1,215,988,750 EV/BARREL-USD Q3 2021 Production - $25,719 EV/BARREL-USD FY 2021 Guidance - $24,816 EV/BARRE-USD Current Oct-21 Production - $23,843 EV/B- Adj for INV & DECOM (Current Prod) - $25,507
28/10/2021
08:38
ashkv: Some bumps on the road due to pipeline issues in Q3 that curtailed production - However with ANOH Gas plant on track for Q2 2021 - huge catalyst underway and should easily double from current share price. I wish SEPL announce a Share Buy Back along with their dividend.... 28 Oct 2021 Unaudited results for the nine months ended 30 September 2021 Brent - $84.20 Share Price - 91 Market Cap GBP - £535,410,000 GBPUSD - 1.375 Market Cap USD - $736,188,750 Net Debt - $479,800,000 Inventory - $72,786,000 Decommisioning - $157,678,000 SEPL Guidance (48-50k FY 2021) - 49,000 SEPL Actual Prod Q3 2021 - 47,280 SEPL Oct Current Production - 51,000 Enterprise Value (USD) - $1,215,988,750 EV/BARREL-USD Q3 2021 Production - $25,719 EV/BARREL-USD FY 2021 Guidance - $24,816 EV/BARRE-USD Current Oct-21 Production - $23,843 EV/B- Adj for INV & DECOM (Current Prod) - $25,507
18/10/2021
13:35
deandavison245: OPINION HEALTH Home NEWS COVER STORIES Investors Besiege Oil Companies’ Shares Over Rising Crude Prices Olushola Bello by Olushola Bello 7 hours ago in COVER STORIES, Featured, NEWS With the upward trend in global oil prices, investors are building positive sentiments around oil, thereby ensuring that the oil and gas sector on the Nigerian Exchange (NGX) Limited grew by N145.734 billion in the first nine months of the year. The gain was triggered by the gains in the share prices of Seplat Energy, Eterna and Oando Plc. Market observers said the current global oil trend suggests that the increase in the average Brent prices would translate to an increase in revenue for oil companies which should also reflect in the earnings per share. Also, the Oil & Gas Index recorded the highest positive movement to reflect a growth of 62.37 per cent for the year-to-date (YTD) as of September 30, 2021. NGX Premium index followed with a gain of 117.27 per cent, while NGX Pension index rose by 11.79 per cent. The NGX Oil & Gas Index comprises nine listed Oil and Gas Marketing companies: Ardova Plc, Conoil Plc, Eterna, Japaul Gold and Ventures, MRS Oil Nigeria, Oando, Seplat Energy, Total Nigeria and Capital Oil. Capital market analysts said the growth in the NGX Oil & Gas Index was spurred by gains in the share prices of Seplat Energy, Eterna and Oando. According to them, Seplat Energy, being one of the major players in the Nigerian upstream sector, the company’s share price has seen an impressive gain of 76.49 per cent from N402.3 in January to N710.00 as of September 30, 2021
Seplat Energy share price data is direct from the London Stock Exchange
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