Added to YB: 2024-05-31
Pitch date: 2024-05-30
SEPL.L [bullish]
Seplat Energy Plc
+43.75%
current return
Author Info
No bio for this author
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 1.80
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
Seplat Energy's Profitable Expansion and Market Surge
SEPL.L: Seplat 3xing production via $400M Exxon deal (1-2x earnings) after 2yr delay. Lagos shares surge on news. Gas plant AGPC also commissioned, adding 10%+ to mcap in operating profits annually w/ 10-15yr inflation-adjusted contracts. Trading at 1x earnings & double digit div yield.
Read full article (2 min)