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Seplat Energy Plc (NGX: SEPLAT) | Share Price

Nigel Firth
Nigel Frith trader
Updated 15 May 2024

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Seplat Energy Plc

Seplat Energy Plc is an oil and gas exploration company listed on the Nigerian Stock Exchange (NGX) and operating a portfolio of assets in the Niger Delta Region.

Today, Seplat Energy Plc’s portfolio of products and services are diversified in more sectors of the Oil & Gas value chain and include the following: exploration, development and production of oil and gas related projects in Nigeria.

How to buy Seplat Energy Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Seplat Energy Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “SEPLAT”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares

Overview of Seplat Energy Plc – Brief History

Seplat Energy Plc has a 45% stake in OML 4 which covers an area of 267 square kilometres; a 45% stake in OML 38 which covers an area of 2 094 square kilometres; and a 45% stake in OML 41 that covers an area of 291 square kilometres.

Seplat Energy Plc also holds a 40% non-operated working interest in OPL 283 marginal field which is located in the northern onshore deposit-belt of the Niger Delta; a 40% non-operated interest in OML 53 that covers an area of 1 585 square kilometres located onshore in north-eastern Niger Delta; and interest in OML 55 that covers an area of 840 square kilometres located in south-eastern Niger Delta.

The history of Seplat Energy Plc goes back to 2009 when it was first founded, and it had been listed on April 14, 2014. It was formerly known as Seplat Petroleum Development Company Plc.

Seplat Energy Plc has its head offices at 25A Lugard Avenue, Ikoyi, Lagos, Nigeria.

The current CEO or managing director of Seplat Energy Plc is Roger Thompson Brown.

Seplat Energy Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol SEPLAT.

Seplat Energy Plc forms part of the Oil & Gas Operations Industry and the Oil & Gas Sector of the Nigerian Stock Exchange (NGX).

Seplat Energy Plc Stock Performance

The current price for Seplat Energy Plc stocks on the Nigerian Stock Exchange (NGX) is 786.00 Nigerian Naira (NGN).

An analysis of financial data of Seplat Energy Plc showed that the company has a total market capitalisation of 463 Billion NGN, and the number of shares outstanding is 588 Million.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Seplat Energy Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Seplat Energy Plc, analysts forecast further improved performance for the Oil & Gas sector with market share growing as trading volumes increase.

Seplat-Energy-Shares

Highlights of Seplat Energy Plc in 2021/2022

Seplat Energy Plc started the current financial year (2021) with a share price of 650.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 20.9 % in value on its price valuation, ranking seventh on the NGX with its year-to-date performance.

Seplat Energy Plc is currently the 74th most-traded stock on the NGX and it has experienced a total trading volume of more than 16 million shares, which were finalised in 1,657 deals and were valued at a total of 11.1 billion Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 254,375 shares in each trading session.

During the same period a volume high of 1.72 million was achieved on November 25 and a low of 348 on December 17.

FAQs

The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

In March 2021, the Nigerian Stock Exchange was transformed into a shareholder-owned, profit making entity, the Nigerian Exchange Group Plc, when it was demutualised from a member-owned not-for-profit entity.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.