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Seplat Energy PlcLSE:SEPL Stock Report

Market Cap UK£3.5b
Share Price
n/a
1Y121.1%
7D0.5%
1D6.1%
Portfolio Value
View

Seplat Energy Plc

LSE:SEPL Stock Report

Market Cap: UK£3.5b

Seplat Energy (SEPL) Stock Overview

An independent energy company, engages in the oil and gas exploration and production, and gas processing activities in Africa, Asia, Europe, and the Americas. More details

SEPL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

SEPL Community Fair Values

Create Narrative

See what 36 others think this stock is worth. Follow their fair value or set your own to get alerts.

Seplat Energy Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Seplat Energy
Historical stock prices
Current Share PriceUK£5.76
52 Week HighUK£6.20
52 Week LowUK£2.37
Beta0.11
1 Month Change11.41%
3 Month Change-2.70%
1 Year Change121.11%
3 Year Change347.90%
5 Year Change487.76%
Change since IPO171.70%

Recent News & Updates

Narrative Update Jul 30

SEPL: Future Upside Will Depend On Gas Margins Under New Leadership

Analysts have nudged their price target for Seplat Energy higher to £6.65 from £6.55, reflecting updated views on revenue growth expectations and profitability assumptions. What's in the News for Seplat Energy An upcoming Seplat Energy board meeting is scheduled for July 29, 2026 at 09:00 Coordinated Universal Time to consider and approve the first half 2026 unaudited financial results and other agenda items.
Narrative Update Jul 09

SEPL: Revised Fair Value And Higher Future P/E Will Support Returns

Seplat Energy's analyst price target has edged up to £6.65 from £6.55, with analysts pointing to updated fair value estimates, a modest adjustment in discount rate assumptions, slightly different revenue growth and profit margin expectations, and a higher future P/E outlook as key drivers of the change. Analyst Commentary Recent Street research on Seplat Energy highlights a small uplift in the price target to £6.65, which signals that some bullish analysts see incremental upside based on their refreshed assumptions on valuation and execution.
Narrative Update Jun 25

SEPL: Higher Fair Value Assumptions Will Drive Re Rating Potential

The analyst price target for Seplat Energy has been raised by £0.10 to £6.65, with analysts highlighting updated fair value assumptions, revenue growth expectations, profit margin estimates and a revised future P/E outlook as key drivers of the change. Analyst Commentary Recent research on Seplat Energy points to a more constructive stance on the stock, with bullish analysts lifting price targets and framing the updated fair value around their latest revenue and profit margin assumptions.

Recent updates

Narrative Update Jul 30

SEPL: Future Upside Will Depend On Gas Margins Under New Leadership

Analysts have nudged their price target for Seplat Energy higher to £6.65 from £6.55, reflecting updated views on revenue growth expectations and profitability assumptions. What's in the News for Seplat Energy An upcoming Seplat Energy board meeting is scheduled for July 29, 2026 at 09:00 Coordinated Universal Time to consider and approve the first half 2026 unaudited financial results and other agenda items.
Narrative Update Jul 09

SEPL: Revised Fair Value And Higher Future P/E Will Support Returns

Seplat Energy's analyst price target has edged up to £6.65 from £6.55, with analysts pointing to updated fair value estimates, a modest adjustment in discount rate assumptions, slightly different revenue growth and profit margin expectations, and a higher future P/E outlook as key drivers of the change. Analyst Commentary Recent Street research on Seplat Energy highlights a small uplift in the price target to £6.65, which signals that some bullish analysts see incremental upside based on their refreshed assumptions on valuation and execution.
Narrative Update Jun 25

SEPL: Higher Fair Value Assumptions Will Drive Re Rating Potential

The analyst price target for Seplat Energy has been raised by £0.10 to £6.65, with analysts highlighting updated fair value assumptions, revenue growth expectations, profit margin estimates and a revised future P/E outlook as key drivers of the change. Analyst Commentary Recent research on Seplat Energy points to a more constructive stance on the stock, with bullish analysts lifting price targets and framing the updated fair value around their latest revenue and profit margin assumptions.
Narrative Update Jun 10

SEPL: Future Upside Will Likely Hinge On Gas Volumes And Margins

Analysts have nudged their fair value estimate for Seplat Energy higher from £5.63 to £6.68 per share, citing recent Street research in which Citi lifted its price target to £6.65 as support for the update. Analyst Commentary Recent research has highlighted a higher fair value reference point for Seplat Energy, with the latest cited price objective at 665 GBp. While that anchors the updated valuation, not all commentary around the stock is unreservedly positive, and some of the points raised can help you frame the risk side of the story.
Narrative Update May 27

SEPL: Fair Value Will Likely Hinge On Gas Volumes And Margins

Analysts have lifted their fair value estimate for Seplat Energy from £4.11 to £5.63 per share, reflecting updated views on discount rates, revenue trends, profit margins, and future P/E assumptions following the recent £2.40 price target increase cited in Street research. Analyst Commentary Even with a higher fair value estimate and a £2.40 price target cited in recent research, some Bearish analysts retain a cautious stance on Seplat Energy.
Analysis Article May 08

We Think Seplat Energy's (LON:SEPL) Solid Earnings Are Understated

The market seemed underwhelmed by last week's earnings announcement from Seplat Energy Plc ( LON:SEPL ) despite the...
Narrative Update May 05

SEPL: Updated Fair Value Assumptions Will Shape Future Earnings And Dividends

Narrative Update Analysts have increased their price target on Seplat Energy by £2.40, citing updated assumptions regarding fair value, profitability, and future P/E expectations. Analyst Commentary Recent Street research has focused on how Seplat Energy's revised fair value ties into profitability expectations and future P/E assumptions following the updated £2.40 change in the price target.
Analysis Article May 05

New Forecasts: Here's What Analysts Think The Future Holds For Seplat Energy Plc (LON:SEPL)

Shareholders in Seplat Energy Plc ( LON:SEPL ) may be thrilled to learn that the analysts have just delivered a major...
Narrative Update Apr 21

SEPL: Future Gas Volumes And Earnings Quality Will Likely Disappoint

Analysts have trimmed their fair value estimate for Seplat Energy slightly, with the updated £4.11 target, compared with the prior £4.17 level. This reflects refreshed assumptions on revenue growth, profit margins and forward P/E.
Narrative Update Apr 05

SEPL: Future Gas Volumes Will Likely Fall Short Of Expectations

Analysts have trimmed their price target on Seplat Energy to £4.17, with the modest adjustment linked to small tweaks in projected revenue growth, profit margins and the future P/E assumption. What's in the News Heirs Energies and Heirs Holdings completed the purchase of a combined 20.07% stake in Seplat Energy from Etablissements Maurel & Prom for about US$490m, at US$4.11 (£3.05) per share, with up to US$10m of additional contingent consideration linked to share price performance over six months (Key Developments).
Narrative Update Mar 22

SEPL: Future Gas Volumes And Unit Costs Will Likely Disappoint Repricing

Analysts have modestly raised their price target on Seplat Energy to £4.17 from £4.08, reflecting updated views on fair value, revenue growth and profit margins, alongside an unchanged discount rate and future P/E assumption. What's in the News The company reaffirmed 2026 production guidance at 135 kboepd to 155 kboepd, with group unit production operating costs expected at US$13.5/boe to US$14.5/boe.
Narrative Update Mar 08

SEPL: Future Gas Volumes Will Likely Disappoint Current Repricing Expectations

Analysts have nudged their fair value estimate for Seplat Energy from £4.06 to £4.08, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E as the key drivers behind the revised price target. What's in the News Seplat Energy reaffirmed its 2026 production guidance at 135 kboepd to 155 kboepd and guided unit production operating costs to US$13.5 to US$14.5 per boe, with management indicating an expectation of volume led reduction in unit costs (Corporate guidance).
Narrative Update Feb 22

SEPL: ANOH Gas Project Will Drive Future Cash Flows And Dividends

Analysts have raised their price target for Seplat Energy from £4.82 to £5.01, citing updated assumptions around discount rates, future revenue growth, profit margins, and forward P/E as the main drivers of the revision. What's in the News Seplat Energy reported first gas from the 300 MMscfd ANOH gas project, supplying 40 to 52 MMscfd of processed gas to Indorama via an 11 km export pipeline, with condensate output of 2.0 to 2.5 kboepd as the plant progresses toward its 300 MMscfd design capacity (company announcement).
Narrative Update Feb 07

SEPL: Heirs Stake Purchase And ANOH Gas Ramp Up Will Drive Re-Rating

Analysts have nudged their price target for Seplat Energy slightly higher to reflect updated assumptions around fair value, a lower discount rate and changes to profit margin and future P/E expectations, although no specific currency value was provided. What's in the News ANOH gas project reaches first gas, with ANOH Gas Processing Company starting supply to Indorama via an 11 km export pipeline after Nigerian Upstream Petroleum Regulatory Commission approval, and four upstream wells brought online to support wet gas production (Key Developments).
Narrative Update Jan 24

SEPL: Future ANOH Gas Output And Stake Sale Will Drive Repricing

Analysts have lifted their price target for Seplat Energy, citing an updated fair value estimate of 4.06x (from 1.94x), a lower discount rate of 14.05%, slightly adjusted revenue growth expectations and a higher future P/E multiple of 50.40x, partly offset by a reduced profit margin assumption of 2.88%. What's in the News ANOH gas project has achieved first gas, with four upstream wells brought online and wet gas production stabilizing around 40 to 52 MMscfd of processed gas to Indorama, plus condensate output of about 2.0 to 2.5 kboepd, with the plant designed for 300 MMscfd capacity and zero routine flares (Key Developments).
Analysis Article Jan 15

Improved Earnings Required Before Seplat Energy Plc (LON:SEPL) Stock's 27% Jump Looks Justified

Seplat Energy Plc ( LON:SEPL ) shareholders would be excited to see that the share price has had a great month, posting...
Narrative Update Jan 10

SEPL: Heirs Stake Purchase Will Drive Re-Rating Case For Shares

Narrative Update on Seplat Energy The analyst price target for Seplat Energy has been revised higher, with fair value now implied at about $5.50 per share versus $4.65 previously, as analysts adjust their assumptions for discount rate, revenue growth, profit margin and future P/E in their models. What's in the News Heirs Energies agreed to acquire a 20.07% stake in Seplat Energy from Etablissements Maurel & Prom for approximately US$490m, at a cash consideration of US$4.11 per share (£3.05 per share), with an additional US$10m contingent payment linked to share price performance over six months (M&A Transaction Announcements).
Narrative Update Dec 21

SEPL: Higher Cash Flows And Dividends Will Drive Future Share Price Upside

Narrative Update on Analyst Price Target Analysts have lifted their price target for Seplat Energy to £4.15 per share from £3.25, citing a more constructive view on the company’s valuation, despite only marginal adjustments to the discount rate and long term growth assumptions. Analyst Commentary Bullish analysts highlight that the higher price target reflects growing confidence in Seplat Energy’s ability to execute on its strategic plans and deliver stronger cash flows, supporting a premium to prior valuation assumptions.
Analysis Article Dec 18

We Ran A Stock Scan For Earnings Growth And Seplat Energy (LON:SEPL) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Dec 07

SEPL: Higher Dividend Commitments Will Support Stronger Future Share Price Potential

Narrative Update on Seplat Energy Analysts have raised their price target on Seplat Energy by 90 GBp to 415 GBp, citing reinforced conviction in the company’s earnings outlook and valuation upside supported by recent research updates. Analyst Commentary Recent research updates highlight a constructive stance on Seplat Energy, with the latest price target revision framed around improved earnings visibility and perceived valuation support.
Narrative Update Nov 23

SEPL: Higher Price Targets and New Dividend Commitments Will Support Future Returns

Seplat Energy's analyst price target was raised from £3.25 to £4.15. This change reflects analysts' increased expectations for revenue growth, even though there is some moderation in projected profit margins and rising discount rates.
Analysis Article Nov 17

Lacklustre Performance Is Driving Seplat Energy Plc's (LON:SEPL) Low P/E

With a price-to-earnings (or "P/E") ratio of 10x Seplat Energy Plc ( LON:SEPL ) may be sending bullish signals at the...
Narrative Update Nov 08

SEPL: Improved Margins and Lower Risk Will Drive Shareholder Returns

Analysts have increased their price target for Seplat Energy from £3.25 to £4.15, citing improved profit margins and a lower discount rate as key factors behind the positive revision. Analyst Commentary Following the recent price target increase for Seplat Energy, analysts have highlighted both positive drivers and potential risk factors influencing their outlook for the company.
Analysis Article Nov 02

Seplat Energy Plc Just Recorded A 12% Revenue Beat: Here's What Analysts Think

Investors in Seplat Energy Plc ( LON:SEPL ) had a good week, as its shares rose 4.2% to close at UK£2.99 following the...
Narrative Update Oct 25

Strong Nigerian Oil and Gas Output Will Drive Increased Market Interest

Analysts have raised their price target on Seplat Energy by £0.90 to £4.15 per share, following an updated assessment of the company’s outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent upward revision of Seplat Energy's price target, which reflects improved confidence in the company’s ability to execute on its growth plans.
Narrative Update Oct 11

Increasing Nigerian Gas Production Will Spur Demand Amid Challenges

Seplat Energy's analyst price target has been increased by analysts from £3.25 to £4.15 per share. The upward revision is attributed to improved revenue growth forecasts and a lower discount rate.
Narrative Update Sep 27

Increasing Nigerian Gas Production Will Spur Demand Amid Challenges

Despite lower revenue growth forecasts, a notable reduction in Seplat Energy’s future P/E multiple reflects improved valuation confidence, supporting an upward revision of the fair value target from £3.28 to £3.54. What's in the News Board meeting scheduled to discuss Q3 2025 unaudited financial results and other items.
Analysis Article Sep 24

Seplat Energy (LON:SEPL) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article Aug 26

We Think Seplat Energy (LON:SEPL) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 20

Seplat Energy Plc's (LON:SEPL) 25% Price Boost Is Out Of Tune With Revenues

Despite an already strong run, Seplat Energy Plc ( LON:SEPL ) shares have been powering on, with a gain of 25% in the...
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New Narrative Mar 09

MPNU Acquisition Will Diversify Operations But Challenges Remain

Acquisition and infrastructure expansion aim to enhance production, control costs, and diversify revenue through increased oil and gas output.
Analysis Article Feb 26

Estimating The Intrinsic Value Of Seplat Energy Plc (LON:SEPL)

Key Insights The projected fair value for Seplat Energy is UK£1.96 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Dec 25

We Think Seplat Energy (LON:SEPL) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

SEPLGB Oil and GasGB Market
7D0.5%1.3%1.2%
1Y121.1%30.2%19.4%

Return vs Industry: SEPL exceeded the UK Oil and Gas industry which returned 27.2% over the past year.

Return vs Market: SEPL exceeded the UK Market which returned 19% over the past year.

Price Volatility

Is SEPL's price volatile compared to industry and market?
SEPL volatility
SEPL Average Weekly Movement5.2%
Oil and Gas Industry Average Movement6.6%
Market Average Movement5.2%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.7%

Stable Share Price: SEPL has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: SEPL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,506Roger Brownwww.seplatenergy.com

Seplat Energy Plc, an independent energy company, engages in the oil and gas exploration and production, and gas processing activities in Africa, Asia, Europe, and the Americas. It operates through two segments, Oil and Gas. The company explores, develops, and produces crude oil; and processes and produces gas.

Seplat Energy Plc Fundamentals Summary

How do Seplat Energy's earnings and revenue compare to its market cap?
SEPL fundamental statistics
Market capUK£3.46b
Earnings (TTM)UK£219.64m
Revenue (TTM)UK£2.34b
15.7x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEPL income statement (TTM)
RevenueUS$3.15b
Cost of RevenueUS$1.93b
Gross ProfitUS$1.22b
Other ExpensesUS$923.55m
EarningsUS$296.01m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin38.74%
Net Profit Margin9.40%
Debt/Equity Ratio43.3%

How did SEPL perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
20%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 17:49
End of Day Share Price 2026/07/31 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Seplat Energy Plc is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullARM Research
Alexandre TopouzoglouBNP Paribas
Rafal GutajBofA Global Research