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Serica Energy Plc (SQZ)
Serica Energy Plc (SQZ) Dividends

SQZ Serica Energy Plc

131.00

2.40 (1.87%)

26 Jul 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Stock Type
Serica Energy Plc	SQZ	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	2.40	1.87%	131.00	16:35:03

Open Price	Low Price	High Price	Close Price	Previous Close
129.60	128.90	131.70	131.00	128.60

more quote information »

Industry Sector
OIL & GAS PRODUCERS

Serica Energy SQZ Dividends History

Announcement Date	Type	Currency	Dividend Amount	Ex Date	Record Date	Payment Date
24/04/2024	Final	GBP	0.14	27/06/2024	28/06/2024	24/07/2024
19/09/2023	Interim	GBP	0.09	26/10/2023	27/10/2023	23/11/2023
13/04/2023	Final	GBP	0.14	29/06/2023	30/06/2023	27/07/2023
30/06/2022	Interim	GBP	0.08	27/10/2022	28/10/2022	25/11/2022
21/04/2022	Final	GBP	0.09	30/06/2022	01/07/2022	22/07/2022
15/04/2021	Final	GBP	0.035	24/06/2021	25/06/2021	23/07/2021
23/04/2020	Interim	GBP	0.03	25/06/2020	26/06/2020	24/07/2020

Top Dividend Posts

Top Posts
Posted at 24/7/2024 12:37 by ashkv New 52Week/Multi-Year Low 128.70p today Net Payout Yield (Buybacks + Dividend) = 21% SP-> 128.70p SQZ Current Share Price vs 52 Week low of 132.2p on 24 July 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -52.51% Brent-> $82.00 British Gas Prices (Next Month)-> £75.50 Shares Outstanding-> 390,457,635 GBPUSD-> 1.290 MarketCap GBP-> £502,518,976 MarketCap USD-> $648,249,479 Cash GBP (26 Jun 24)-> £301,600,000 Cash USD (26 Jun 24)-> $389,064,000 Debt (GBP) (26 Jun 24)-> £182,000,000 Debt (USD) (26 Jun 24)-> $234,780,000 NET CASH (USD) (26 Jun 24)-> $154,284,000 NET CASH % of SP/Market Cap-> 23.80% Net Cash Component of SQZ Share Price-> 30.63p Enterprise Value (In USD)-> $493,965,479 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [Year to 23 June 2024]-> 43,781 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $11,488 EV/Barrel SQZ YTD Production [Year to 23 June 2024]-> $11,283 EV/Barrel Actual Average 2023 Production-> $12,312 Decommissioning Provision (Per FY 23 Results)-> $150,323,700 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $14,983 (9p+14p) 2024 Full Year Expected Dividend Yield-> 17.87% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 20.86% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $3.53 Read Full Thread Reply
Posted at 17/7/2024 18:24 by kenmitch Hi Brucie. We agree on the very strong investment case for Serica. It’s SO cheap on a PE ratio of 3 and a huge 17% dividend yield which could well be held. I’ve a full stake as the share price falls look so overdone. e.g Stiffel say thst 95% of the market cap is generated in free cash flow across 2024-2026 with an assumed oil price of $70 a barrel. And Investec point out the £121 million cash so they’ve firepower for M&A alongside the free cash flow generation. Previous Chief Executive Mitch Flegg has gone and the new CE Chris Cox has recently spent £426,000 and then another £170,000 buying Serica shares. Labour’s destructive North Sea policy looks priced in, and then some. I also hold Harbour and their share price went up 30% on the Wintershall Dea acquisition.. The same could well happen to the Serica share price with a sensible overseas acquisition IF that becomes necessary. And outside chance that Serica could fall to a bid. Harbour is still cheap too, but PE is now about 7 and dividend 6.5%, compared with that 3PE and 17% dividend for Serica. So with bad news priced in and anything better ahead not priced in, Serica fits the bill for those of us looking for shares (and Investment Trusts too on too wide discounts and big dividends) at stunning bargain prices and paying big dividends while we wait for potentially very big share price upside. Read Full Thread Reply
Posted at 16/7/2024 12:03 by ashkv 52 Week Low Yesterday 15 July 2024 at 132.2p At 100p SQZ would be trading cheaper on most metrics than shaky ground Kurdistan oilers - GKP / GENEL!!! And net cash would comprise 31% of share price!!! SP-> 100.00p SQZ Current Share Price vs 52 Week low of 132.2p on 15 July 24-> -24.36% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -63.10% Brent-> $83.80 British Gas Prices (Next Month)-> £76.00 Shares Outstanding-> 390,457,635 GBPUSD-> 1.295 MarketCap GBP-> £390,457,635 MarketCap USD-> $505,642,637 Cash GBP (26 Jun 24)-> £301,600,000 Cash USD (26 Jun 24)-> $390,572,000 Debt (GBP) (26 Jun 24)-> £182,000,000 Debt (USD) (26 Jun 24)-> $235,690,000 NET CASH (USD) (26 Jun 24)-> $154,882,000 NET CASH % of SP/Market Cap-> 30.63% Net Cash Component of SQZ Share Price-> 30.63p Enterprise Value (In USD)-> $350,760,637 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [Year to 23 June 2024]-> 43,781 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $8,157 EV/Barrel SQZ YTD Production [Year to 23 June 2024]-> $8,012 EV/Barrel Actual Average 2023 Production-> $8,743 Decommissioning Provision (Per FY 23 Results)-> $150,906,350 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $11,667 (9p+14p) 2024 Full Year Expected Dividend Yield-> 23.00% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 26.84% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $2.51 Read Full Thread Reply
Posted at 24/6/2024 10:47 by ashkv SQZ Ex-Div on 27 June 24 for 14p Today's share price 154p - 14p Dividend Ex-Div on Thu this week = 140p Given SQZ's negligible asset retirement obligations it does appear inexpensive even with the onerous Labour Govt Tax regime.... SP-> 140.00p SQZ Current Share Price vs 52 Week low of 140p on 14 June 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -48.34% Brent-> $85.50 British Gas Prices (Next Month)-> £79.50 Shares Outstanding-> 390,457,635 GBPUSD-> 1.265 MarketCap GBP-> £546,640,689 MarketCap USD-> $691,500,472 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $368,115,000 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $269,445,000 NET CASH (USD) (31 Dec 23)-> $98,670,000 NET CASH % of SP/Market Cap-> 14.27% Net Cash Component of SQZ Share Price-> 19.98p Enterprise Value (In USD)-> $592,830,472 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $13,787 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $13,058 EV/Barrel Actual Average 2023 Production-> $14,776 Decommissioning Provision (Per FY 23 Results)-> $147,410,450 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $17,215 (9p+14p) 2024 Full Year Expected Dividend Yield-> 16.43% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 18.55% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $4.23 Read Full Thread Reply
Posted at 14/6/2024 10:07 by ashkv Kibes Ithaca no longer has such a high dividend!!! Moreover, SQZ full year dividend if a repeat of 2023 would be 14p + 9p for a total of 23p!!!! Ithaca has not given firm guidance as to 2024 dividend!!! Only a general outline post recently announced merger!!! Moreover, Ithaca a 100% UK focused firm like SQZ on an EV/Flowing Barrel and EV/2p is far more highly valued that SQZ even taking into SQZ 50/50 Gas and Oil split!!! And SQZ is net cash whereas Ithaca remains highly leveraged not taking into account significant decommissioning obligations!! Read Full Thread Reply
Posted at 14/6/2024 08:51 by ashkv SQZ Ex-Div in less than 2 weeks - 1st of 2 Annual Dividends for 14p At today's price of 140p a yield of 10%. Just based on the upcoming dividend and a full year Dividend yield approaching 20% Assuming share price drops a further 14p from current share price of 140p when SQZ goes ex-div Enterprise Value for Mid-Guidance 43,000 boe/d a day is a paltry US$532 million nearly half of 2023 revenue of US$928 million and less than half of forecast 2024 revenue!!! Enterprise Value at a share price of 126p for 43,000 Boe/d net cash SQZ is US$532 million - INCREDIBLY LOW CONSIDERING NEGLIGIBLE DECOMMISSIONING COSTS AND TAX ASSETS VIA TAILTRASH DEAL. SQZ as a whole is now worth nearly 35% less than what it paid for Tailwind. THIS WHEN FLEGG AND SQZ BOARD SHOULD HAVE BEEN COGNIZANT THAT LABOUR WAS FAR AHEAD IN THE POLLS AND THEIR O&G POLICIES WERE ALREADY ANNOUNCED. Bonuses and shares should be clawed back from Flegg, Management and the SQZ Board!!! In a just world MF should be behinds bars!!! SP-> 126.00p SQZ Current Share Price vs 52 Week low of 140p on 14 June 24-> -10.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -53.51% Brent-> $82.50 British Gas Prices (Next Month)-> £83.50 Shares Outstanding-> 393,468,408 GBPUSD-> 1.273 MarketCap GBP-> £495,770,194 MarketCap USD-> $630,867,572 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $370,297,500 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $271,042,500 NET CASH (USD) (31 Dec 23)-> $99,255,000 NET CASH % of SP/Market Cap-> 15.73% Net Cash Component of SQZ Share Price-> 19.82p Enterprise Value (In USD)-> $531,612,572 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $12,363 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $11,710 EV/Barrel Actual Average 2023 Production-> $13,250 Decommissioning Provision (Per FY 23 Results)-> $148,284,425 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $15,812 (9p+14p) 2024 Full Year Expected Dividend Yield-> 18.25% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 20.37% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $3.80 Read Full Thread Reply
Posted at 13/6/2024 14:48 by ashkv Deducted the dividend of 14p from prevailing SQZ Share Price (SQZ goes Ex-Div in exactly 2 weeks on 24 June) SP-> 133.48p SQZ Current Share Price vs 52 Week low of 147.48p on 13 June 24-> -9.49% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -50.75% Brent-> $82.75 British Gas Prices (Next Month)-> £86.00 Shares Outstanding-> 393,468,408 GBPUSD-> 1.278 MarketCap GBP-> £525,201,631 MarketCap USD-> $670,945,084 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $371,752,500 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $272,107,500 NET CASH (USD) (31 Dec 23)-> $99,645,000 NET CASH % of SP/Market Cap-> 14.85% Net Cash Component of SQZ Share Price-> 19.82p Enterprise Value (In USD)-> $571,300,084 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $13,286 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $12,584 EV/Barrel Actual Average 2023 Production-> $14,239 Decommissioning Provision (Per FY 23 Results)-> $148,867,075 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $16,748 (9p+14p) 2024 Full Year Expected Dividend Yield-> 17.23% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 19.35% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $4.08 Read Full Thread Reply
Posted at 13/6/2024 11:16 by ashkv :( What did Flegg do to SQZ WITH TAILWIND FOLLY - UNFORGIVEABLE!!! New 52 week low and with both yearly dividends included yield approaching 15.5% Net Payout Yield which includes Buybacks at 17.45% Flegg has inflicted a body blow on SQZ with the Tailwind debacle... shares are nearly half of where they were when the acquisition was announced. And nearly 30% below net cash value at that juncture!!! SP-> 150.00p SQZ Current Share Price vs 52 Week low of 150p on 13 June 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -44.65% Brent-> $82.25 British Gas Prices (Next Month)-> £85.50 Shares Outstanding-> 393,468,408 GBPUSD-> 1.278 MarketCap GBP-> £590,202,612 MarketCap USD-> $753,983,837 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $371,752,500 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $272,107,500 NET CASH (USD) (31 Dec 23)-> $99,645,000 NET CASH % of SP/Market Cap-> 13.22% Net Cash Component of SQZ Share Price-> 19.82p Enterprise Value (In USD)-> $654,338,837 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $15,217 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $14,413 EV/Barrel Actual Average 2023 Production-> $16,309 Decommissioning Provision (Per FY 23 Results)-> $148,867,075 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $18,679 (9p+14p) 2024 Full Year Expected Dividend Yield-> 15.33% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 17.45% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $4.67 Read Full Thread Reply
Posted at 13/6/2024 08:35 by ashkv New 52 week low and with both yearly dividends included yield approaching 15.5% Net Payout Yield which includes Buybacks at 17.45% Flegg has inflicted a body blow on SQZ with the Tailwind debacle... shares are nearly half of where they were when the acquisition was announced. And nearly 30% below net cash value at that juncture!!! SP-> 150.00p SQZ Current Share Price vs 52 Week low of 150p on 13 June 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -44.65% Brent-> $82.25 British Gas Prices (Next Month)-> £85.50 Shares Outstanding-> 393,468,408 GBPUSD-> 1.278 MarketCap GBP-> £590,202,612 MarketCap USD-> $753,983,837 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $371,752,500 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $272,107,500 NET CASH (USD) (31 Dec 23)-> $99,645,000 NET CASH % of SP/Market Cap-> 13.22% Net Cash Component of SQZ Share Price-> 19.82p Enterprise Value (In USD)-> $654,338,837 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $15,217 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $14,413 EV/Barrel Actual Average 2023 Production-> $16,309 Decommissioning Provision (Per FY 23 Results)-> $148,867,075 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $18,679 (9p+14p) 2024 Full Year Expected Dividend Yield-> 15.33% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 17.45% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $4.67 Read Full Thread Reply
Posted at 04/6/2024 08:25 by ashkv Dire share price - a new 52 week low. Mitch Flegg's poisoned chalice post the debacle Tailwind Deal appears to have inflicted a fatal blow to SQZ's share price!!! SQZ now worth markedly less than what it paid for Tailwind around a year prior. Brent in the doldrums but UK Gas prices on an upswing... Dividend Yield now close to 14%!! :( SP-> 165.70p SQZ Current Share Price vs 52 Week low of 165.7p on 4 June 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -38.86% Brent-> $77.30 British Gas Prices (Next Month)-> £87.50 Shares Outstanding-> 393,468,408 GBPUSD-> 1.280 MarketCap GBP-> £651,977,152 MarketCap USD-> $834,530,755 Cash GBP [Including GBP27.5mn of Decom security deposit reimbursed in 2024] per FY 2023 Results-> £291,000,000 Cash USD (31 Dec 23)-> $372,480,000 Debt (GBP) (31 Dec 23)-> £213,000,000 Debt (USD) (31 Dec 23)-> $272,640,000 NET CASH (USD) (31 Dec 23)-> $99,840,000 NET CASH % of SP/Market Cap-> 11.96% Net Cash Component of SQZ Share Price-> 19.82p Enterprise Value (In USD)-> $734,690,755 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> 43,000 SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> 45,400 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel 2024 Mid-Guidance Production [2024 Guidance 41-48kbpd]-> $17,086 EV/Barrel SQZ YTD Production [1 Jan to/Including 14 Apr 24]-> $16,183 EV/Barrel Actual Average 2023 Production-> $18,312 Decommissioning Provision (Per FY 23 Results)-> $149,158,400 EV/Barrel Mid-Guidance 2024 Production including Decommissioning Provision-> $20,555 (9p+14p) 2023 Full Year Expected Dividend Yield-> 13.88% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $5.25 Read Full Thread Reply

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