Resilience and strength
Seplat Energy is Nigeria's leading independent oil and gas producer, operating assets in the prolific Niger Delta region. The company offers a compelling case for investment based upon a multitude of attractive factors, notably:
Significant growth opportunity by replacing diesel and biomass in a country of 200m, projected to be 450m by 2040
Leading energy supplier, providing up to 30% of gas used for power, with strong potential to increase
Strong relationships of trust with government, industry partners and financial markets positions Seplat Energy as an enabler of change
Experienced management team and Board
Low-cost operator, expert in extracting value from mature, de-risked fields to generate strong cash flows that are then be deployed to investor for the future and pay significant dividends (10c per year)
Growing gas business provides long-term revenue visibility and higher margins
Since raising $535m at our IPO in 2014, we have paid investors more than $400m in dividends
Prudent approach to financial management, strong balance sheet
Strong commitment to ESG and reducing emissions, especially flaring
Seplat Petroleum Development Company Plc, held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company directors, and the media, amongst other stakeholders joining physically and virtually.
… As Nigerian Exchange, BusinessDay laud winners at the NIVA.
… gets NSE’s applaud on its robust sustainability achievements.