Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Serica Energy Plc | LSE:SQZ | London | Ordinary Share | GB00B0CY5V57 | ORD USD0.10 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.60 | 1.19% | 136.60 | 217,461 | 08:26:11 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 136.60 | 137.50 | 137.60 | 135.00 | 135.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | USD 632.64M | USD 102.98M | USD 0.2638 | 5.17 | 527.08M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:26:06 | AT | 1,970 | 136.60 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 31/10/2024 | 12:15 | UK RNS | Serica Energy PLC Total Voting Rights |
| 29/10/2024 | 10:47 | ALNC |  Serica Energy lowers production guidance after gas compression fault |
| 29/10/2024 | 07:00 | UK RNS | Serica Energy PLC Update on Triton FPSO |
| 02/10/2024 | 09:03 | ALNC | Serica Energy shares rise as reports "stable" B6 well output |
| 02/10/2024 | 06:00 | UK RNS | Serica Energy PLC Update on Bittern B6 well production |
| 30/9/2024 | 12:42 | UK RNS | Serica Energy PLC Total Voting Rights |
| 10/9/2024 | 13:53 | UK RNS | Serica Energy PLC PDMR Dealings |
| 10/9/2024 | 09:43 | ALNC | Serica Energy eyes bottom end of guidance; profit falls 30% in half |
| 10/9/2024 | 06:00 | UK RNS | Serica Energy PLC Results for the six months ended 30 June 2024 |
| 30/8/2024 | 06:00 | UK RNS | Serica Energy PLC Total Voting Rights |
Serica Energy (SQZ) Share Charts1 Year Serica Energy Chart |
|
1 Month Serica Energy Chart |
Intraday Serica Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 15/11/2024 | 20:42 | Serica Energy mobile chart | 7,310 |
| 07/11/2024 | 10:30 | P/e ratio | - |
| 09/5/2024 | 12:36 | Serica Energy | 20,709 |
| 14/1/2023 | 12:21 | serica energy | 854 |
| 26/1/2022 | 19:58 | plant pot | 52 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:26:06 | 136.60 | 1,970 | 2,691.02 | AT |
| 08:26:06 | 136.60 | 93 | 127.04 | AT |
| 08:26:06 | 136.60 | 632 | 863.31 | AT |
| 08:26:06 | 136.60 | 316 | 431.66 | AT |
| 08:25:13 | 136.85 | 7,000 | 9,579.57 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Serica Energy Daily Update Serica Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker SQZ. The last closing price for Serica Energy was 135p.Serica Energy currently has 390,426,423 shares in issue. The market capitalisation of Serica Energy is £532,541,641. Serica Energy has a price to earnings ratio (PE ratio) of 5.17. This morning SQZ shares opened at 135p |
Posted at 07/11/2024 15:25 by jimmywilson612 So I'm just looking into SQZ and have a question some other people might help with;- Obviously the Tax Rate is the big lag for SQZ and this isn't going to go away. Within the legislation; it has this Energy Investment Security Mechanism (ESIM). It will end the Energy Profits Levy early if the 6-month average price for both oil and gas is at or below the ESIM threshold prices. The ESIM threshold prices are 71.40 dollars per barrel for oil and £0.54 per therm for gas Now, with Oil Prices down to 73 dollars per barrel and with Trump's "Drill Baby Drill", would a lower oil price actually benefit SQZ? Does anyone know that if the ESIM threshold is breached - does the EPL of 38% crease to exist? So a 10% drop in Oil prices from today would actually benefit SQZ? |
Posted at 10/9/2024 10:24 by ashkv Updated with net cash lower as of 4 September 24 given payment of 2023 Final Dividend [As per 10 Sep 24 presentation]SP-> 111.10p SQZ Current Share Price vs 52 Week low of 111.1p on 10 Sep 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -59.00% Brent-> $71.60 British Gas Prices (Next Month)-> £89.50 Shares Outstanding-> 390,457,635 GBPUSD-> 1.310 MarketCap GBP-> £433,798,432 MarketCap USD-> $568,275,947 Cash USD (4 Sep 24)-> $262,000,000 Debt (USD) (4 Sep 24)-> $231,000,000 NET CASH (USD) (4 Sep 24)-> $31,000,000 NET CASH % of SP/Market Cap-> 5.46% Net Cash Component of SQZ Share Price-> 6.06p Enterprise Value (In USD)-> $537,275,947 2024 Revised Down Mid-Guidance Production [2024 Guidance 41-44kbpd]-> 42,500 SQZ Average Production Half Year 2024 (30 June 24) -> 43,700 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel Revised Down 2024 Mid-Guidance Production -> $12,642 EV/Barrel SQZ Half Year 2024-> $12,295 EV/Barrel Actual Average 2023 Production-> $13,391 Decommissioning Provision (Per HY 24 Results)-> $133,200,000 EV/Barrel Revised Down Mid-Guidance 2024 Production including Decommissioning Provision-> $15,776 (9p+14p) 2024 Full Year Expected Dividend Yield-> 20.70% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 24.16% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $3.84 Tax Losses to offset tax payables (Half Year 2024)-> $1,000,000,000 |
Posted at 10/9/2024 07:16 by ashkv Finance 101/PE 101 - SQZ with relatively inexpensive financing unless SQZ undertake a deal that has metrics of EV/Flowing Barrel or EV/2p lower than SQZ share price at 150p (unlikely) than it makes sense to take on short term debt to undertake a tender offer.Will be far more accretive to shareholder value over the longer term!!! For example dividend yield is 15% FIFTEEN PERCENT at a share price of 150p and expected 2024 dividend 9p+14p With future such flows being allocated to shareholders who wish to retain ownership in SQZ!! oilinvestorAl10 Sep '24 - 08:07 - 7011 of 7016 “At this sort of share price even a $150mn Tender Offer at 150p makes sense!!!” ——— Erm they don’t have the cash to do a $150m tender offer ! Read the balance sheet. Add to that the ongoing LWI campaign and extensive drilling campaign capex + the H2 weighted tax and dividend payments. There was a reason why the emphasised that cash out flows were going to be heavier in H2…. To address this question ! |
Posted at 10/9/2024 07:09 by ashkv 20% dividend yield with a share price of 114p and almost 24% Net Payout Yield (Including Buybacks announced so far)SP-> 114.00p SQZ Current Share Price vs 52 Week low of 112.25p on 10 Sep 24-> 1.56% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -57.93% Brent-> $71.60 British Gas Prices (Next Month)-> £89.50 Shares Outstanding-> 390,457,635 GBPUSD-> 1.310 MarketCap GBP-> £445,121,704 MarketCap USD-> $583,109,432 Cash USD (30 June 24)-> $362,000,000 Debt (USD) (30 Jun 24)-> $231,000,000 NET CASH (USD) (30 Jun 24)-> $131,000,000 NET CASH % of SP/Market Cap-> 22.47% Net Cash Component of SQZ Share Price-> 25.61p Enterprise Value (In USD)-> $452,109,432 2024 Revised Down Mid-Guidance Production [2024 Guidance 41-44kbpd]-> 42,500 SQZ Average Production Half Year 2024 (30 June 24) -> 43,700 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel Revised Down 2024 Mid-Guidance Production -> $10,638 EV/Barrel SQZ Half Year 2024-> $10,346 EV/Barrel Actual Average 2023 Production-> $11,269 Decommissioning Provision (Per HY 24 Results)-> $133,200,000 EV/Barrel Revised Down Mid-Guidance 2024 Production including Decommissioning Provision-> $13,772 (9p+14p) 2024 Full Year Expected Dividend Yield-> 20.18% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 23.55% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $3.23 Tax Losses to offset tax payables (Half Year 2024)-> $1,000,000,000 |
Posted at 10/9/2024 07:07 by ashkv 25% Net Payout Yield for me at present. SQZ overall has been very profitable!! Barring this last tranche that I held onto!!!Remaining holding down quite a bit in Capital value but much less with the juicy dividend!!! This is one where the LTHs really missed out if the didn't cash out!!! From the other board by posted Surprised -> "Nicely set, excellent div, cash flow, profits ⬆️Toda 'Our confidence in our cash generation outlook, together with our strong balance sheet, gives us capital allocation options. Paramount amongst these will always be supporting material shareholder returns which is why we are announcing today that we are holding the interim dividend flat at 9p per share. In addition, to sustain the longevity of our model, we want to continue reinvesting our cash flows into our UK North Sea assets' We will only be able to make these investments if the fiscal environment allows us to generate a fair return on your capital. We also have the option to add to our portfolio through acquisitions and that is why we will continue, intensively but prudently, to seek value-accretive M&A, both at home and abroad. SQZ expectation of generating over half a billion dollars of cash flow after currently committed investments over the coming three years at current commodity prices, after factoring in the expected tax regime Those tax losses are now coming into play and largely shielding SQZ from labour's WFT, sentiment due to the EPL and Labour's initial plans have crashed the share price recently, HOWEVER, the cash flow generated, the divi and profitabilty of SQZ is at odds to todays share price and should see a steady rise over coming weeks as cash, profits and positivity takeover ⬆️" |
Posted at 10/9/2024 06:46 by ashkv SP-> 112.60pSQZ Current Share Price vs 52 Week low of 112.6p on 10 Sep 24-> 0.00% SQZ Current Share Price vs 52 Week High of 271p on 18 Sep 23-> -58.45% Brent-> $71.60 British Gas Prices (Next Month)-> £89.50 Shares Outstanding-> 390,457,635 GBPUSD-> 1.310 MarketCap GBP-> £439,655,297 MarketCap USD-> $575,948,439 Cash USD (30 June 24)-> $362,000,000 Debt (USD) (30 Jun 24)-> $231,000,000 NET CASH (USD) (30 Jun 24)-> $131,000,000 NET CASH % of SP/Market Cap-> 22.75% Net Cash Component of SQZ Share Price-> 25.61p Enterprise Value (In USD)-> $444,948,439 2024 Revised Down Mid-Guidance Production [2024 Guidance 41-44kbpd]-> 42,500 SQZ Average Production Half Year 2024 (30 June 24) -> 43,700 Production Actual 2023 [Guidance 2023 Mid-Point (40-45kbpd)]-> 40,121 Enterprise Value/Barrel Revised Down 2024 Mid-Guidance Production -> $10,469 EV/Barrel SQZ Half Year 2024-> $10,182 EV/Barrel Actual Average 2023 Production-> $11,090 Decommissioning Provision (Per HY 24 Results)-> $133,200,000 EV/Barrel Revised Down Mid-Guidance 2024 Production including Decommissioning Provision-> $13,603 (9p+14p) 2024 Full Year Expected Dividend Yield-> 20.43% SQZ Net Payout Yield (Dividend + Buybacks (2024 GBP 15Mn) + Special Dividends) -> 23.84% SQZ + Tailwind 2P Reserves as of 31 Dec 23-> 140,000,000 SQZ Combined Enterprise Value/2P Reserves-> $3.18 Tax Losses to offset tax payables (Half Year 2024)-> $1,000,000,000 |
Posted at 24/7/2024 11:37 by ashkv New 52Week/Multi-Year Low 128.70p todayNet 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 |
Posted at 17/7/2024 17:24 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. |
Posted at 16/7/2024 11:03 by ashkv 52 Week Low Yesterday 15 July 2024 at 132.2pAt 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 |
Posted at 29/6/2024 11:54 by kenmitch Arlington.The election result is already priced in to oil shares like Serica, as markets look ahead and know a Labour win is a near certainty. What isn’t priced in is reality hitting once Labour are in power. Current Labour (Ed Milliband led) North Sea policy is nonsensical and will cost thousands of jobs and £billions in lost revenues and taxes and will widen our trade gap even further. How long before pressure from vested interests forces a Labour Government to come to its senses? Not long is my guess. Then there could well be a reversal of the barmy no more North Sea oil and gas licences policy. That would see Serica’s share price go up significantly. But if Labour stays as stupid then that’s already priced in to the Serica share price. And Serica have already made it clear that they would then look overseas instead…..agai btw…exactly the same applies to the Labour deadline of going back to no more petrol or diesel cars nonsense by 2030 and huge fines for Companies not selling enough electric cars. Car Manufacturers hit by that will simply move their production to sensible Countries. At least the current Government woke up to the folly of that so soon 2030 date. Perhaps someone could tell our politicians that the UK is responsible for less than 1% of the pollution that has lead to these crazy policies. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
