- Seplat Energy declared a second-quarter dividend per share of 4.6 cents.
- First half results showcased revenue of $1.40 billion.
- Operating profit increased significantly by 85% year-on-year to $387.8 million.
- EBITDA saw a substantial rise to $735 million, up from $267.3 million year-on-year.
- Production levels reached 134,492 barrels of oil equivalent per day, compared to 48,407 in the previous year.
- Operational costs, both capital expenditures and operating expenditures, remained below guidance during the first half.
- An anticipated increase in costs is expected in the second half of 2025 due to increased drilling activity and ordering of long lead items.
- The company focused on integrity, reliability, and production improvements, reflected in strong production figures for the second quarter of 2025.
- Offshore production experienced an 11% increase quarter-on-quarter.
- Analysts show strong confidence with 8 buy ratings and no hold or sell ratings.
A look at Seplat Petroleum Development Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SEPLAT Petroleum Development Co Plc, an independent oil and gas exploration and production company based in Nigeria, has garnered high scores across several key factors according to Smartkarma Smart Scores. With top scores in value and dividend, Seplat stands out for its strong financial performance and commitment to rewarding its investors. Additionally, scoring above average in growth, resilience, and momentum, Seplat displays a solid foundation for long-term success. The company’s strategic focus on Nigeria positions it well to capitalize on opportunities in the region’s energy sector.
Looking ahead, Seplat Petroleum Development appears to have a promising long-term outlook based on its impressive Smartkarma Smart Scores. With a strong emphasis on value, dividend, and overall solid performance in growth, resilience, and momentum, Seplat is poised to sustain its success in the dynamic oil and gas industry. As an independent player with a strategic focus on Nigeria, Seplat’s consistent performance bodes well for investors seeking stability and potential growth in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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