Added to YB: 2024-10-31
Pitch date: 2024-10-30
SEPL.L [bullish]
Seplat Energy Plc
+23.65%
current return
Author Info
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Company Info
Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England.
Market Cap
GBP 1.4B
Pitch Price
GBP 2.09
Price Target
N/A
Dividend
7.13%
EV/EBITDA
3.15
P/E
17.67
EV/Sales
1.81
Sector
Oil, Gas and Consumable Fuels
Category
value
A Tourist's Musings - Seplat Energy Plc
SEPL.L: Seplat Energy near closing MPNU acquisition: 40% in 4 OMLs, 63k boepd, 400 MMboe 2P. Lockbox mechanism offsets $1.28bn price. ANOH gas plant commissioned. Post-deal: 120k boepd, 1B MMboepd 2P, $1.5B EV. Upside from reversing underinvestment. Nigeria discount vs peers like Kosmos.
Read full article (4 min)