Added to YB: 2025-01-03
Pitch date: 2024-12-30
SEPL.L [bullish]
Seplat Energy Plc
+39.06%
current return
Author Info
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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 1.82
Price Target
400.00 (+15344%)
Dividend
7.13%
EV/EBITDA
3.15
P/E
17.67
EV/Sales
1.81
Sector
Oil, Gas and Consumable Fuels
Category
growth
Transforming Seplat Energy: Understanding the Company and Its Acquisition.
SEPL.L: Nigeria's largest oil & gas co. Undervalued at $2.86/BOE EV/2P, $11,200/flowing barrel. Strong gov support, PIA transition cuts tax 85% to 60%. MNPU acquisition triples revenue/reserves. Insider confidence high. Risks: high CAPEX, tax uncertainty. Catalysts: PIA transition, ANOH gas project. Potential double-digit returns.
Read full article (17 min)