0R15 9025.0 0.0% 0R1E 9410.0 0.0% 0M69 None None% 0R2V 247.99 9682.643% 0QYR 1567.5 0.0% 0QYP 439.3701 -2.9016% 0RUK None None% 0RYA 1597.0 1.2682% 0RIH 195.55 0.0% 0RIH 191.4 -2.1222% 0R1O 225.5 9683.0803% 0R1O None None% 0QFP 10475.8496 107.8542% 0M2Z 252.573 0.2373% 0VSO 33.0 -7.3164% 0R1I None None% 0QZI 622.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 222.05 -4.1318%

Seplat Petroleum Development Company PLC

Energy GB SEPL

198.0GBP
2.00(1.02%)

Last update at 2024-12-19T16:35:00Z

Day Range

191.98202.00
LowHigh

52 Week Range

78.16135.90
LowHigh

Fundamentals

  • Previous Close 196.00
  • Market Cap1355.62M
  • Volume157738
  • P/E Ratio31.25
  • Dividend Yield7.31%
  • EBITDA374.39M
  • Revenue TTM1143.56M
  • Revenue Per Share TTM1.93
  • Gross Profit TTM 464.74M
  • Diluted EPS TTM0.04

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 204.38M 177.34M -80.20900M 292.97M 263.36M
Minority interest -42.29900M 24.61M -34.19600M -23.62100M -23.62100M
Net income 104.71M 141.78M -85.32200M 277.01M 146.58M
Selling general administrative 44.77M 18.66M 16.37M 20.06M 26.28M
Selling and marketing expenses - - - 9.10M 7.60M
Gross profit 464.74M 285.19M 124.58M 395.74M 388.30M
Reconciled depreciation 138.19M 150.76M 136.32M 96.88M 122.38M
Ebit 274.74M 250.69M 109.37M 311.98M 319.86M
Ebitda 440.35M 379.05M 245.69M 435.57M 442.24M
Depreciation and amortization 165.61M 128.36M 136.32M 123.60M 122.38M
Non operating income net other - - - - -
Operating income 274.74M 250.69M 109.37M 311.98M 325.10M
Other operating expenses 646.34M 503.37M 422.55M 376.00M 421.04M
Interest expense 68.14M 76.20M 51.83M 33.54M 56.49M
Tax provision 99.67M 60.17M 5.11M 29.12M 116.79M
Interest income 1.16M 0.31M 1.67M 13.47M 9.90M
Net interest income -66.98400M -75.88300M -50.16300M -20.06800M -46.58700M
Extraordinary items - - - 13.17M 0.05M
Non recurring - - - - -
Other items - - - - -
Income tax expense 99.67M 60.17M 5.11M 29.12M 116.79M
Total revenue 951.79M 733.19M 530.47M 697.78M 746.14M
Total operating expenses 159.28M 55.37M 16.65M 73.97M 63.20M
Cost of revenue 487.06M 448.00M 405.89M 302.04M 357.84M
Total other income expense net -70.36400M -73.34300M -189.58100M -19.00800M -61.73300M
Discontinued operations - - - 13.17M 0.05M
Net income from continuing ops 104.71M 117.18M -85.32200M 263.84M 146.58M
Net income applicable to common shares 62.41M 141.78M -74.74700M 277.01M 146.58M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3537.26M 3892.73M 3449.57M 3271.11M 2526.57M
Intangible assets 124.42M 131.20M 58.69M 145.03M 29.30M
Earning assets - - - - -
Other current assets 423.10M 277.39M 298.06M 522.60M 174.24M
Total liab 1777.37M 2185.25M 1785.53M 1467.17M 925.68M
Total stockholder equity 1776.39M 1766.29M 1698.24M 1827.56M 1600.88M
Deferred long term liab - - - - -
Other current liab 410.94M 296.73M 241.06M 7.22M 274.50M
Common stock 1.86M 1.86M 1.85M 1.84M 1.83M
Capital stock 1.86M 1.86M 1.85M 1.84M 1.83M
Retained earnings 1189.70M 1185.08M 1116.08M 1249.16M 1030.95M
Other liab 483.56M 997.91M 704.94M 157.73M 166.15M
Good will - - 0.00000M 29.54M -
Other assets 516.20M 1108.19M 824.58M 285.59M 164.29M
Cash 404.34M 324.49M 225.14M 326.33M 581.30M
Cash and equivalents - - - - -
Total current liabilities 597.94M 480.90M 471.45M 623.85M 323.70M
Current deferred revenue - - - 399.45M -
Net debt 369.89M 445.69M 479.25M 472.29M -135.60600M
Short term debt 78.35M 63.75M 95.25M 113.03M 9.87M
Short long term debt 74.32M 60.66M 93.47M 112.33M 9.87M
Short long term debt total 774.23M 770.18M 704.39M 798.62M 445.70M
Other stockholder equity 584.83M 579.35M 580.31M 576.56M 1091.01M
Property plant equipment 1690.18M 1638.68M 1628.35M 1585.53M 1276.16M
Total current assets 882.84M 676.84M 597.77M 933.44M 858.10M
Long term investments - - - 291.99M 167.10M
Net tangible assets 1651.97M 1635.09M 1639.55M 1652.99M 1571.59M
Short term investments - - -3.05700M -62.89200M 108.73M
Net receivables 43.57M 49.00M 44.00M 108.00M 146.91M
Long term debt 695.88M 705.95M 604.95M 677.08M 435.83M
Inventory 55.41M 74.96M 74.57M 84.51M 102.55M
Accounts payable 108.65M 120.43M 135.13M 104.16M 39.33M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - -813.16900M -595.58700M -522.91500M
Additional paid in capital - - - - -
Common stock total equity - - 1.85M 1.84M 1.83M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 381.10M 404.61M -4.73800M -36.18500M 224.62M
Deferred long term asset charges - - - - -
Non current assets total 2654.41M 3215.90M 2851.80M 2337.67M 1668.47M
Capital lease obligations 4.03M 3.57M 5.97M 9.21M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -280.94800M -165.34700M -60.00000M -103.05000M -103.05000M
Change to liabilities 91.19M 14.25M -132.29500M 237.78M -49.31300M
Total cashflows from investing activities -280.94800M -165.34700M -203.52000M -732.99600M -31.21400M
Net borrowings -1.97000M 67.64M -94.33400M 246.50M -218.72400M
Total cash from financing activities -137.02800M -100.75800M -217.44300M 145.24M -328.71700M
Change to operating activities 9.79M 14.43M -22.98200M 31.50M -40.40600M
Net income 204.38M 177.34M -80.20900M 306.13M 146.58M
Change in cash 79.85M 99.35M -101.19300M -254.97500M 144.09M
Begin period cash flow 324.49M 225.14M 326.33M 581.30M 437.21M
End period cash flow 404.34M 324.49M 225.14M 326.33M 581.30M
Total cash from operating activities 498.89M 369.84M 308.72M 337.76M 501.54M
Issuance of capital stock 0.00000M - - - -
Depreciation 138.19M 150.76M 136.32M 96.88M 122.38M
Other cashflows from investing activities 4.08M 4.53M 6.41M -104.58400M 56.55M
Dividends paid 58.84M 73.35M 58.34M 58.71M 58.89M
Change to inventory 19.55M -0.38700M 9.94M 22.36M -2.21800M
Change to account receivables -4.42500M -18.63900M 217.24M -348.81700M 139.75M
Sale purchase of stock 0.00000M -4.91500M - - -
Other cashflows from financing activities -78.18400M 577.51M -59.10100M 303.95M 483.94M
Change to netincome 179.85M 140.49M 172.34M 42.65M 181.85M
Capital expenditures 175.33M 169.88M 149.93M 124.78M 87.99M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 116.10M 9.65M 71.90M -82.81900M 47.92M
Stock based compensation 8.19M 3.02M 5.16M 9.22M 9.70M
Other non cash items 32.04M 75.88M 58.89M 1.58M 174.96M
Free cash flow 323.56M 199.96M 158.79M 212.98M 413.55M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SEPL
Seplat Petroleum Development Company PLC
2.00 1.02% 198.00 31.25 8.29 1.21 0.54 1.42 4.47
KOS
Kosmos Energy Ltd
- -% 260.00 45.21 4.12 1.46 3.18 2.56 4.85
HBR
Harbour Energy PLC
-2.4 0.98% 242.10 - 3.77 0.39 1.63 0.51 0.77
ENOG
Energean Oil & Gas PLC
14.50 1.49% 985.50 - 3.21 1.93 3.93 4.16 6.97
ITH
Ithaca Energy PLC
-1.4 1.33% 104.00 - 9.91 0.61 0.78 0.85 0.67

Reports Covered

Stock Research & News

Profile

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria. It operates through Oil and Gas segments. The Oil segment engages in the exploration, development, and production of crude oil. Gas segment, produce and process the gas. It operates across seven blocks including oil and gas assets in the prolific Niger Delta region. In addition, the company engages in the renewable energy generation activities. Seplat Energy Plc was formerly known as Seplat Petroleum Development Company Plc and changed its name to Seplat Energy Plc in May 2021. The company was incorporated in 2009 and is headquartered in Lagos, Nigeria.

Seplat Petroleum Development Company PLC

16A Temple Road, Lagos, Nigeria

Key Executives

Name Title Year Born
Mr. Roger Thompson Brown CEO & Exec. Director 1970
Mr. Emeka Onwuka CFO & Exec. Director 1965
Mr. Samson Chibogwu Ezugworie COO & Exec. Director NA
Mr. Carl Franklin Head of Investor Relations NA
Mr. Isaiah Adesola Odeleye Gen. Mang. of Legal 1951
Ms. Edith Onwuchekwa Company Sec. & Director of Legal NA
Dr. Chioma Nwachuku Director of External Affairs & Sustainability 1964
Mr. Olubusola Ogunbanwo Head of Asset Devel. 1961
Mr. Jonah Amedu Head of Petroleum Engineering 1962
Mr. Ganiyu Bolaji Head of Production & Field Operations NA

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