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Company Intelligence Terminal · Oil & Gas · Upstream E&P

SEPLAT · Seplat Energy Plc

Seplat Energy Plc

SEPLAT
NGXEquity · Ordinary SharesOil & GasUpstream E&P
5800.00NGN+1.92%
Market cap ₦3.41T · as of 15 Jun 2026, 09:15
Ask about SEPLAT
Current price
5800.00NGN
Open
5698.82
Previous close
5690.74
Today's range
5675.84 – 5856.86
52-week high
6176.71
52-week low
5547.67
Deals
1,320
Volume
9.8M
Value traded
₦57.1B
Market cap
₦3.41T
YTD performance
+1.92%

Company profile

Seplat Energy Plc is a leading oil & gas operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Roger Brown
HQ
Lagos
Founded
2009
Employees
1,800
Sector
Oil & Gas
Sub-sector
Upstream E&P
Ticker
SEPLAT
Website
seplat.ng
Beta
1.15
AI-generated summary

Seplat Energy Plc (SEPLAT) operates in Nigeria's oil & gas value chain with an estimated FY2024 revenue of ₦2724bn and PAT of ₦267bn. Headline ROE is 8.2% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 40/100 (Moderate).

Bull case
  • Scale leadership within its oil & gas sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Attractive dividend yield versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    Seplat Energy Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    SEPLAT crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim SEPLAT FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    Seplat Energy Plc expands Lagos operations with NGN 68.3bn capex