1. Nigeria Stocks

  2. •

    Energy minerals

  3. •

    Oil & gas production
Seplat Energy PLC

Seplat Energy PLC

11.00
USD
0.00
(0.00%)
3.91BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.62
1.53
1.02
0.45
0.8
1.31
1.23
0.92
1.26
1.62
1.8
1.9
4.59
- -
Basic EPS, GAAP
1.01
0.5
0.12
-0.29
0.47
0.26
0.49
-0.13
0.24
0.11
0.14
0.25
0.27
- -
Free Cash Flow per Basic Share
0.13
-0.17
-0.59
0.21
0.73
0.73
0.37
0.27
0.31
0.55
0.44
0.17
1.52
- -
Dividend per Share
- -
0.14
0.13
0.04
- -
0.1
0.1
0.1
0.13
0.1
0.17
0.16
0.24
0.08
Book Value per Share
1.35
2.55
2.52
2.19
2.67
2.82
3.18
2.92
3.02
3.02
3.01
3.1
3.05
3.07
Tangible Book Value per Share
1.35
2.55
2.52
2.19
2.67
2.82
2.87
2.82
2.8
2.81
2.8
1.97
2.1
2.2
Basic Weighted Avg Shares
543
508
561
563
563
568
569
580
582
588
588
588
593
598
Sales/Revenue/Turnover
880
775
570
254
452
746
698
530
733
952
1,061
1,116
2,726
- -
Operating Margin (%)
54.26
43.08
22.32
-11.91
26.54
43.58
46.11
20.34
31.35
34.8
36.97
18.88
24.31
- -
Depreciation Expense
31
45
74
60
86
122
97
136
151
138
167
206
600
- -
Net Income, GAAP
550
252
68
-165
265
147
277
-75
142
62
83
149
160
- -
Effective Tax Rate (%)
- -
- -
24.66
- -
- -
44.35
9.94
- -
33.93
48.77
35.21
47.33
68.04
- -
Profit Margin (%)
62.51
32.55
11.88
-64.74
58.66
19.64
39.7
-14.09
19.34
6.56
7.83
13.35
5.87
- -
Working Capital
182
682
589
182
170
566
310
126
196
285
254
-8
123
77
LT Debt
121
240
609
446
305
436
686
609
706
696
666
976
980
768
Total Equity
732
1,409
1,413
1,234
1,503
1,601
1,804
1,664
1,707
1,760
1,793
1,838
1,842
1,859
Return on Invested Capital (%)
- -
18.92
5.5
- -
- -
8.34
12.04
- -
6.74
5.53
6.22
5.72
6.64
- -
Return on Capital (%)
- -
19.84
6.17
- -
- -
8.64
13.22
- -
8.94
2.2
3.43
7.05
7.12
- -
Return on Common Equity (%)
120.4
23.56
4.8
-12.43
19.38
9.44
16.16
-4.24
8.18
3.52
4.69
8.3
8.78
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
93
91
99
LT Borrowings
933
921
735
LT Finance Leases
47
48
34
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
2,172
3,750
3,912

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,353
1,578
1,473
Cash, Cash Equivalents & STI
332
462
435
Accounts Receivable, Net
135
341
186
Inventories
341
336
353
Total Current Liabilities
1,230
1,332
1,396
Payables & Accruals
- -
- -
- -
ST Debt
93
91
99
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.08%
2.05%
0.18%
Free Cash Flow
- -
158.77%
782.37%
Net Income, GAAP
-91.25%
-45.15%
7.45%
Sales/Revenue/Turnover
28.59%
45.79%
144.22%
Total Cash Common Dividend
- -
23.96%
53.46%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
180
242
294
401
1,116
2025
809
588
- -
549
2,726
2026
841
979
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.07
- -
0.19
0.25
2025
0.03
0.01
- -
0.11
0.27
2026
0.06
0.21
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.04
0.16
2025
- -
- -
- -
0.07
0.24
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Effiong Udofia Okon
Full Time Employees
1,506
Sector
Energy minerals
Industry
Oil & gas production
Address
16A Temple Road Lagos LA Nigeria 101222
IPO Date
Apr 9, 2014
Website
seplatenergy.com
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Business
Seplat Energy Plc operates as an independent Nigerian energy company focused on the exploration, development, production and processing of oil and natural gas; it engages in upstream and midstream activities across onshore and offshore assets primarily in the Niger Delta region of Nigeria, with additional operations in countries including the Bahamas, Italy, Switzerland, England and Singapore. Founded in 2009 and headquartered at 16A Temple Road, Ikoyi, Lagos, Nigeria, the company is dual-listed on the London Stock Exchange (SEPL.L) and Nigerian Exchange (SEPLAT), producing crude oil and natural gas through key assets such as OMLs 4, 38, 41, 53, 55 and seven oil and gas blocks; its gas operations include processing facilities with capacity up to 525 million cubic feet per day at the Oben hub, compressed natural gas initiatives and renewable power generation pursuits aligned with its net-zero by 2050 roadmap and new energy investment plan targeting gas-to-power, solar and carbon offsets. Seplat Energy targets domestic and export markets, serving industrial, power and international customers with production output exceeding 118,000 barrels of oil equivalent per day on a pro forma basis, 886 million barrels of oil equivalent in 2P reserves, supported by five gas processing facilities and three export terminals; it emphasizes operational excellence, ESG integration including routine flaring elimination by 2025 via Tree4Life afforestation and community programs like Eye Can See and Youth Entrepreneurial Programme. In recent major developments, Seplat Energy finalized its transformative $1.28 billion acquisition of Mobil Producing Nigeria Unlimited (renamed Seplat Energy Producing Nigeria Unlimited) from ExxonMobil in December 2024, more than doubling production capacity to around 120,000 barrels of oil equivalent per day, adding 40% operated interests in OMLs 67, 68, 70 and 104, the Qua Iboe export terminal, Yoho FSO, Bonny River Terminal NGL plant and Aneman-Kpono field while integrating over 1,000 staff and 500 contractors; this follows its 2021 name change from Seplat Petroleum Development Company Plc, ongoing integration efforts shifting 70% of production offshore for enhanced revenue stability, and 2024 financial results showing $1.116 billion revenue, $539 million adjusted EBITDA and 16.5 cents per share dividend, up 10% year-on-year.