Serica Energy Share Discussion Threads

[lonrho] 24/7/2024 20:26

He has just reinvested his dividend. If you do the maths it works out to within a few hundred.Of course he didn't need to do that so must be viewed as positive.

[bountyhunter] 24/7/2024 20:12

I see that David Latin, non-exec Chairman bought 21,350 shares @ GBP£1.30752 per share today. Shows confidence as does the vesting price of £4 for share options announced today.

[bountyhunter] 24/7/2024 17:58

Well spotted Mick, 8p was forecast for the interim (see link) but 9p received, so yes 23p total, divided by ~130p *100 =~ 18% yield at these levels. Received a hefty payment today for the final.

[loglorry1] 24/7/2024 17:03

Sounds like Ed has optimised his life pretty well. I think he's a disaster too for NS and also for climate change. He's certainly played his hand well though.

[slicethepie] 24/7/2024 16:33

Ed is a dangerous clown, never worked in the real world, litany of misjudgements in his political career. It is terrifying that someone with zero business experience or acumen is in position that could seriously damage UK plc. Failure for him would mean joining the champagne lifestyle enjoyed by his brother who earns over £1m a year running the international rescue committee and another £1m advising and talking To

[stemis] 24/7/2024 15:13

Long term incentive awards issued to new management

"For the awards to vest in full, the 90 day end average share price must be at least equal to 400p"

I think I'd be happy with that...

[crookie3634] 24/7/2024 14:37

Brill thank you, to be fair I would be much happier when the share price charges itself! I thought it was a good buy at £1.84!

[farmscan] 24/7/2024 14:30

Just keep checking your account then, it'll get there soon.

[crookie3634] 24/7/2024 14:11

Purchased them on 21st of May so well before ex divi

[farmscan] 24/7/2024 14:08

Depends when you bought them, if bought just before the XD date the transaction needs to have been settled, which is normally 3 days.

[crookie3634] 24/7/2024 14:04

Thanks Sawny that’s odd as I can’t see mine, just to confirm I just needed to be a holder before X divi date to be eligible?

[imjustdandy] 24/7/2024 12:43

Directors in about them again at 1.30 before lift off

[crookie3634] 24/7/2024 12:18

Thank you anyone got it in HL?

[ashkv] 24/7/2024 11:37

Healthy Buying at these lows

# Trades 349
Vol. Sold 230,657
Sold Value £300.02k
Vol. Bought 773,446
Bought Value £1.01m

[ashkv] 24/7/2024 11:37

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

[captainfatcat] 24/7/2024 11:15

Just checked my dividend payment is showing in my account with Charles Stanley
Payment has always been on date since SQZ started issuing them.

[davethehorse] 24/7/2024 11:12

Going to 100p imo...no support

[stemis] 24/7/2024 09:19

Dividends in AJ Bell and Interactive Investor

[arlington chetwynd talbott] 24/7/2024 08:54

The share price action seems to suggest that it will be cut.

[meanreverter] 24/7/2024 08:42

IG normally credits dividends bang on time, as with Serica's today.

[97peter] 24/7/2024 08:35

In Interactive Investor it’s already in today and spent picking up more SQZ at 129p.

[meanreverter] 24/7/2024 07:47

kenmitch, I agree: Dividend Data is reliable and up-to-date. It also welcomes feedback and acts on it promptly. The only time I caught it in error was when a company (CRU) decided to cancel a dividend. That time, DD overlooked the cancellation, which was buried in a general RNS Trading Statement issued 45 days after the original announcement of the dividend.

[mr smc] 24/7/2024 07:31

Depends on your brokerHL can be good and also pay the next day!

[crookie3634] 24/7/2024 07:13

When does the 14p dividend hit people’s trading accounts? Or does it vary?