Serica Energy Share Price (SQZ)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Serica Energy	LSE:SQZ	London	Ordinary Share	GB00B0CY5V57	ORD USD0.10

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+1.375p	+5.67%	25.625p	25.00p	26.25p	25.00p	25.00p	25.00p	590,676	16:35:19

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	17.4	2.7	3.2	8.2	64.11

Related Shares
Shell A (RDSA), BP (BP.), Path Investmen. (PATH), Mayan (MYN)

Serica Energy (SQZ) Latest News

Serica Energy News

Date	Time	Source	Headline
31/7/2017	12:22	UKREG	Serica Energy plc TR-1 Notification of Major Holdings
29/6/2017	15:20	UKREG	Serica Energy plc Result of AGM
29/6/2017	14:17	ALNC	Serica Energy "Well Placed" Despite Lowered Production Guidance
29/6/2017	11:06	UKREG	Serica Energy plc 2017 AGM Announcement
30/5/2017	11:35	UKREG	Serica Energy plc Notice of AGM
06/4/2017	13:14	ALNC	Serica Hit By Erksine Shut-In But Stays Profitable Ahead Of Expansion
06/4/2017	07:39	ALNCF	Alliance News Flash Headline
06/4/2017	07:00	UKREG	Serica Energy plc Results for the year ended 31 December 2016
10/1/2017	09:44	ALNC	Serica Energy Says Erskine Field Outpaces Expectations In Second Half
10/1/2017	07:00	UKREG	Serica Energy plc Operations Update

More Serica Energy News

Serica Energy Takeover Rumours

Serica Energy (SQZ) Share Charts

1 Year Serica Energy Chart

1 Month Serica Energy Chart

Intraday Serica Energy Chart

Serica Energy (SQZ) Discussions and Chat

Serica Energy Forums and Chat

Date	Time	Title	Posts
23/8/2017	14:51	Serica Energy	3,375
08/8/2017	09:36	serica energy	169
03/6/2017	17:15	Serica Energy plc - Moderated	7,634
10/4/2016	11:14	L2 - Observations, comments and screenshots	56
10/8/2015	11:10	SERICA ENERGY IN NAMIBIA	5

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Serica Energy (SQZ) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2017-08-23 16:15:00	25.00	150,000	37,500.00	OK
2017-08-23 15:29:50	25.00	16	4.00	AT
2017-08-23 15:24:23	25.50	25,000	6,375.00	O
2017-08-23 14:51:00	25.02	52,500	13,135.50	OK
2017-08-23 13:46:24	25.19	2,970	748.26	O

View all Serica Energy trades in real-time

Serica Energy (SQZ) Top Chat Posts

Date	Subject
23/8/2017 09:20	Serica Energy Daily Update: Serica Energy is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SQZ. The last closing price for Serica Energy was 24.25p. Serica Energy has a 4 week average price of 24p and a 12 week average price of 24p. The 1 year high share price is 34p while the 1 year low share price is currently 13p. There are currently 250,179,040 shares in issue and the average daily traded volume is 231,263 shares. The market capitalisation of Serica Energy is £64,108,379. Read Full Thread Reply
31/7/2017 13:52	aussieb3: Why the share price not risen bit of confidence someone buying 10 percent Read Full Thread Follow Reply
31/7/2017 13:31	aussieb3: So some one bought 9 percent not a dent in share price what that about Read Full Thread Follow Reply
06/7/2017 20:13	seconduser: From WatchMaveick on LSE. You never know.......... I was at the agm and personally met the BOD. They are a very experienced and proven group who have very senior contacts in BP, Shell, Chevron etc. They are also very old school - not interested in lots of communication and social media. They are however very focused on growing the company and delivering sustainable, long term shareholder value. I asked them myself why they were not doing Director purchases - there response was mooted, but left it at 'they cannot purchase if they are in blackout period or under NDA'. We can assume by this they are under NDA and are at advanced stages of a possible deal. Now to valuation. The year end cash position, based on the mid point of company guidance from Erskine will be circa $42m (£34m). The tax umbrella is worth 40% of $160m (£53m). Thus at year end the total value of the tax umbrella plus cash will be c£87m. This is way above current market cap so you can say any future Erskine production, plus Columbus, plus Rowallan, plus other assets are essentially not priced in at all - in essence they are given zero value ! In summary this is probably one of the most undervalued companies in AIM and is only trading at such a low price as some sellers are bored and buyers are concerned about single asset. It appears nobody is looking at the potential of a bid for the company. Any other UK producing company could use the tax umbrella themselves (worth £53m), they would keep the cash the company has and gobble up the assets. I suggest rather than speculate on this thread, that good fellow investors contact the Board members and speak to them and ask questions. At the afm I found the board very approachable. Good luck to all shareholders, you will be well rewarded for your patience in holding/adding to your shares. Now is a time to significantly add as either news of an acquisition this year, or the Columbus FDP and the Rowallan drill will rapidly accelerate the share price. There are very few cash rich companies on AIM, who have a rock solid BOD and have the assets to deliver 'life changing' changes in a companiys value. Best wishes. Read Full Thread Follow Reply
30/6/2017 12:04	pineapple1: I think they were a 1 assett producer when Kambuna was pumping gas. The share price was about 350% higher than today at one point.I'd be surprised if SQZ is not at similer levels in a few yrs time due to foundations being laid today.... Big money is made in the waiting and not the trading. imho Read Full Thread Follow Reply
22/6/2017 19:32	chestnuts: almsivi If that is true the share price will explode. Read Full Thread Follow Reply
15/5/2017 13:23	x54v: Transformational acquisition news could come any day. That would certainly put a rocket under the share price. Http://www.telegraph.co.uk/business/2017/04/08/serica-energy-eyes-bp-gas-assets-north-sea-hunt Read Full Thread Follow Reply
12/5/2017 12:23	sawney: We should see further investment from Chrysaor when they take over mid-year Does anyone know exactly when they take over ?, I can see Columbus being agreed shortly after. Although initially it won't do much for the share price, it will certainly re-enforce it....but coupled with another deal with BP as per the following, now that would be a serious game changer.... The Erskine licence is near two other Serica-owned blocks in the same area where BP operates the Mungo, Monan, Marnock, Machar, Mirren and Madoes fields in the 20-year-old Eastern Trough Area Project area directly east of Aberdeen. Read Full Thread Follow Reply
09/4/2017 00:26	wisecat2: Stand by for action. Very very interesting article in the telegraph today. Is this a guess or a prefix to good knowledge. Looking forward to a 50p share price sometime this year. http://www.telegraph.co.uk/business/2017/04/08/serica-energy-eyes-bp-gas-assets-north-sea-hunt/ I love this bit, a great word TRANSFORMATIONAL "A repeat of the £11m Erskine deal to snap up a stake in BP’s fields, or a deal to operate the assets, could prove transformational for Serica by doubling its resources which rely solely on Erskine production." Read Full Thread Follow Reply
16/1/2017 18:20	gersemi: Serica remains a buy despite recent strong gains argues Gary Newman Usually when shares in a small AIM company have risen by nearly 300% from the level where I recommended it as a buy, I would be suggesting to take your profits before the almost inevitable retrace that so many suffer from. But there are exceptions to that and I do tend to cover companies where I see long term growth prospects, rather than bothering with those that just see large rises based on sentiment which are subsequently often wiped out just as quickly. I first covered Serica Energy (LSE:SQZ) as a long term buy at 5.5p back in September 2015. The market cap has now risen to just over £50 million, which does make it more risky buying now as any problems would see the share price take a tumble from the current level of around 20p. The same would be true if the oil price was to drop by any significant amount, as this UK producer is highly geared towards that, and part of the reason why it has been performing so well lately is as a result of the higher prices it is obtaining for the oil it is selling. Currently most of the focus has been on its producing Erskine field, where it holds an 18% share and is operated by Shell (formerly this was held by BG Group prior to the takeover), and it had been suffering due to waxing problems in a pipeline plus a routine shutdown of the Lomond off-take platform. But in late August operations recommenced at the field with a net production rate of 3,150boepd being achieved straight away, which was better than had been expected, and since then that has been steadily approving, and during December reached 3,800boepd. Given the improved commodity prices towards the back end of 2016 this has had a very positive effect on the balance sheet of the company and it is continuing to build its cash reserves at an impressive rate – at December 31 2016 the company had $16.6 million in the bank, and once the proceeds of sales during December are received that is expected to grow to over $20 million (with $3.5 million net of operating costs expected to come in for the month). The profitability of the operation has also been helped by a new operator taking over the Lomond facility and not only reducing costs – the overall operating costs are now well below the $20 per barrel guidance level - but also improving reliability, which had been a problem in the past. This has meant that Erskine has no longer been constrained by the ability of the off-take facility and has been able to pump at its full potential, producing 20,000 to 23,000boepd gross. What I find just as impressive as the operational side of things is the fact that the company has managed to achieve this without getting into any debt, and has very little in the way of liabilities on its balance sheet – net assets stood at over $71 million as at the last interims up to the end of June 2016. It also doesn’t currently have any major planned Capex requirements during the coming year, and has extended some of its exploration licences until a time when hopefully there is renewed interest in spending in this area. It also has the Doyle prospect in the Irish Sea, where it has a 20% stake and the carrying amount in place should be enough for an exploration drill without Sercia having to contribute anything to the costs. It does of course still have some outstanding payments to BP, the previous owner, with $2.775 million paid on July 1 2016, and two further payments for the same amount due on the same date in 2017 and 2018. A look at those interims might put some people off as they showed a net loss of nearly $2.8 million, but that was largely as a result of Erskine being offline, plus the low oil price during the period. Another risk here is the current total reliance on one asset, and any problem can have a big effect on the profitability of the company, as demonstrated during H1 2016. The company does have a solution to that problem though, and during the coming year a full development plan for its 50% owned Columbus field is expected to be submitted for approval by the OGA – this will all be part of a larger project alongside neighbouring fields, with the goal being to maximise the development and offtake in as financially viable a way as possible. Columbus has plenty of potential as the development is based upon a single well and it has contingent resources on a P50 basis of 6.2 million boe, so has the potential to have a big impact on revenue and profits in the future. So currently I would still view the shares as a buy – and definitely one to keep holding for now – as the company is showing that it has the potential to keep on growing going forwards, as well as continuing to build its cash reserves. The only thing that would change my mind would be any serious operational problems, or further significant drops in the oil price below the $45-50 area. Read Full Thread Follow Reply
11/1/2017 08:10	reallyrich: Pretty high I would of thought, but at what price. Say a bid came in at double the current share price I personally would be disappointed at that amount. No debt, generating cash, very few liabilities, good assets, just needs to get one of those licensing areas up and running and the share price will shoot up past that 40p Read Full Thread Follow Reply

Serica Energy share price data is direct from the London Stock Exchange

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