Serica Energy plc

Serica Energy plc

SQZ.L
Serica Energy plcGB flagLondon Stock Exchange
259.06
GBp
-7.74
- -
1.02BMarket Cap
Serica Energy plc
SQZ.L
(London Stock Exchange)

Recent

price

259.06

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.18
0.15
- -
- -
- -
111.04
0.08
0.11
0.17
1.23
0.66
2.63
3,594.44
2.19
1.87
1.53
0.09
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.24
- -
- -
- -
- -
0.35
- -
-0.13
-0.15
Basic EPS, GAAP
-0.15
-0.01
-47.13
-173.14
-112.48
-1.63
-0.01
0.05
-0.07
0.65
0.09
0.54
2,048.65
0.07
0.05
-0.02
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
0.05
204.82
0.31
0.29
0.22
- -
Dividend per Share
0.63
0.52
388.63
489.89
177.36
247.54
0.24
0.29
0.55
0.89
0.1
0.46
1,049.06
0.88
0.74
0.36
0.41
Book Value per Share
0.74
0.63
123.25
164.54
32.96
103.34
0.12
0.17
0.63
0.97
1.05
1.39
1,806.5
2.31
2.05
1.56
0.53
Tangible Book Value per Share
177
177
- -
- -
- -
- -
271
285
267
267
259
264
- -
361
389
392
167
Basic Weighted Avg Shares
31
27
- -
- -
- -
24
21
32
45
328
171
694
983
789
727
601
15
Sales/Revenue/Turnover
-3.72
-26.73
- -
- -
- -
55.25
18.98
47.63
44.22
31.2
-8.25
73.55
71.56
48.17
31.29
7.06
-67.26
Operating Margin (%)
12
18
13
1
- -
1
1
2
8
69
52
50
93
137
188
159
13
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
65
- -
- -
- -
- -
128
- -
-52
-25
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
41.14
38.01
41.31
63.58
66.41
42.41
164.5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
144.18
- -
- -
- -
- -
16.19
- -
-8.62
-160.4
Profit Margin (%)
21
21
19
26
8
17
18
29
-34
102
54
173
423
307
191
34
19
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
273
223
225
- -
LT Debt
130
111
89
102
66
74
85
102
167
260
272
368
494
834
796
670
89
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
28.26
-3.29
90.56
48.14
13.79
11.93
-2.86
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.51
0.33
0.56
0.2
30.8
3.26
-15.99
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
57.43
- -
- -
- -
- -
42.38
- -
-24.12
-30.92
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'12
Sep'12
Dec'12
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
177
177
183
Market Capitalization
7,559
7,946
6,809

Working Capital

FRC

in mil. unless spec.
Jun'12
Sep'12
Dec'12
Total Current Assets
37
35
32
Cash, Cash Equivalents & STI
25
26
23
Accounts Receivable, Net
11
- -
2
Inventories
2
1
- -
Total Current Liabilities
11
8
13
Payables & Accruals
11
8
12
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.63%
23.55%
-15.93%
Free Cash Flow
-69.76%
111.15%
-131.87%
Net Income, GAAP
- -
- -
-140.56%
Sales/Revenue/Turnover
95.93%
60.41%
-17.29%
Total Cash Common Dividend
- -
86.54%
-25.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
789
2024
- -
- -
- -
- -
727
2025
- -
- -
- -
- -
601

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.35
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
-0.13

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.31
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
0.22
Business
Serica Energy plc (SQZ.L) is a United Kingdom-based independent upstream oil and gas company focused on the exploration, development, and production of hydrocarbons in the UK Continental Shelf (UKCS) North Sea. The company operates a balanced portfolio of 10 producing fields including Bruce (98% interest), Keith (100%), Rhum (50%), Triton Area, Columbus, Orlando, Erskine, Greater Buchan Area (GBA), Mansell, and Skerryvore; it produces oil and gas with net 2P reserves of 117.5 million barrels of oil equivalent as of 31 December 2024, over 80% of production operator-managed by Serica, and average 2024 output of approximately 34,600 barrels of oil equivalent per day. Founded in 2005 and headquartered at 4th Floor, 72 Welbeck Street, London W1G 0AY, England, Serica targets mid-tier growth through asset optimization, subsea infrastructure utilization, and diversified export routes serving UK energy security needs. Recent strategic developments include the March 2023 acquisition of Tailwind Energy assets, adding Triton FPSO-tied fields and near-term opportunities; completion in February 2024 of a 30% non-operated interest in the Greater Buchan Area from Jersey Oil & Gas; approval in May 2024 for the 100% owned and operated Belinda field development; and the January 2024 completion of a new US$525 million six-year reserves-based lending facility. In late 2024 and 2025, Serica signed agreements for the acquisition of Parkmead (E&P) Limited assets in December 2024, 100% of Prax Upstream Limited (including Lancaster field operatorship) in September 2025, a proposed purchase of BP's stakes in P111 and P2544 licenses in October 2025 (subject to pre-emption updates), and a 40% farm-in to P2530 license from Finder Energy in November 2025; it anticipates completing the Prax deal and further acquisitions including a 40% operated stake in Greater Laggan Area from TotalEnergies and interests in Catcher/Golden Eagle from ONE-Dyas during 2025-2026. The company relocated its registered office to its current London address in July 2024, appointed Chris Cox as CEO in May 2024, and continues operational enhancements such as Triton FPSO maintenance and Rhum field OFAC license renewals through 2027.