Added to YB: 2025-04-14
Pitch date: 2025-04-11
SQZ.L [bullish]
Serica Energy plc
+44.58%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Serica Energy plc, together with its subsidiaries, identifies, acquires, and exploits oil and gas reserves oil in the United Kingdom.
Market Cap
GBP 853.2M
Pitch Price
GBP 1.13
Price Target
N/A
Dividend
11.86%
EV/EBITDA
3.61
P/E
-25.05
EV/Sales
1.58
Sector
Oil, Gas and Consumable Fuels
Category
growth
SQZ it through your Triton
SQZ.L: UK oil/gas producer, rev -21%, profit -27.7%. Cash down on 3x capex. 2025 production to hit 50k boepd (2x 2024). Triton FPSO issues cut guidance to 33-37k boepd. $400M post-tax CF, steady EBITDA. 15.7% yield, 26.6% NAV discount. Enquest merger talks, synergies. 4.5x P/E at 33k boepd, <3x at 50k. Strong mgmt, upside potential.
Read full article (5 min)