Seplat Energy (DI) (SEPL)

Sector:

Energy Producers

215.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 236.00
  • 52 Week Low: 121.00
  • Currency: UK Pounds
  • Shares Issued: 588.44m
  • Volume: 136,409
  • Market Cap: £1,265.16m
  • RiskGrade: 201
  • Beta: 0.99

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend3.00¢2.50¢2.50¢n/an/a
Q2 Dividend3.00¢2.50¢2.50¢n/an/a
Q3 Dividend3.00¢2.50¢2.50¢n/an/a
Q4 Dividendn/an/a2.50¢n/an/a
Total Dividend12.00¢10.00¢10.00¢10.00¢10.00¢
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 1,061.27 951.79 733.19 530.47 697.78
Operating Profit/(Loss) 249.36 274.74 250.69 (31.72) 311.98
Net Interest (59.64) (66.98) (75.88) (50.16) (20.07)
Profit Before Tax 191.20 204.38 177.35 (80.21) 292.97
Profit After Tax 123.87 104.71 117.18 (85.32) 263.84
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a 13.17
PROFIT FOR THE PERIOD 123.87 104.71 117.18 (85.32) 277.01
Attributable to:          
Equity Holders of Parent Company 83.13 62.41 141.78 (74.75) 277.01
Minority Interests 40.74 42.30 (24.61) (10.57) n/a
           
Continuing EPS          
Earnings per Share - Basic 14.00¢ 11.00¢ 24.00¢ (13.00¢) 46.00¢
Earnings per Share - Diluted 14.00¢ 11.00¢ 24.00¢ (13.00¢) 45.00¢
Earnings per Share - Adjusted 14.00¢ 11.00¢ 24.00¢ (13.00¢) 46.00¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 14.00¢ 11.00¢ 24.00¢ (13.00¢) 49.00¢
Earnings per Share - Diluted 14.00¢ 11.00¢ 24.00¢ (13.00¢) 48.00¢
Earnings per Share - Adjusted 14.00¢ 11.00¢ 24.00¢ (13.00¢) 49.00¢
           
Dividend per Share 16.50¢ 10.00¢ 10.00¢ 10.00¢ 10.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,660.06 1,690.18 1,638.68 1,628.35 1,585.53
Intangible Assets 118.51 124.42 131.20 58.69 174.57
Investment Properties n/a n/a n/a n/a n/a
Investments 223.41 221.90 225.27 222.74 161.07
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 434.72 412.98 491.38 942.03 416.50
  2,436.70 2,449.48 2,486.53 2,851.80 2,337.67
Current Assets          
Inventories 52.43 55.41 74.96 74.57 84.51
Trade & Other Receivables 420.70 390.67 257.28 258.32 493.16
Cash at Bank & in Hand 450.11 404.34 324.49 258.72 333.03
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 35.08 32.43 20.10 6.17 22.75
  958.32 882.84 676.83 597.77 933.44
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,395.02 3,332.32 3,163.37 3,449.57 3,271.11
           
Liabilities          
Current Liabilities          
Borrowings 90.59 78.35 63.75 95.25 113.03
Other Current Liabilities 614.01 519.59 417.15 376.20 510.82
  704.59 597.94 480.90 471.45 623.85
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 666.49 695.88 706.43 609.13 685.59
Provisions 228.90 272.18 258.39 694.25 147.92
Other Non-Current Liabilities 2.01 6.44 10.15 10.69 9.81
  897.40 974.50 974.98 1,314.08 843.32
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,601.99 1,572.44 1,455.88 1,785.53 1,467.17
           
Net Assets 1,793.03 1,759.88 1,707.49 1,664.05 1,803.94
           
Capital & Reserves          
Share Capital 1.86 1.86 1.86 1.86 1.85
Share Premium Account 520.43 522.23 520.14 511.72 503.74
Other Reserves 73.04 62.60 59.21 34.39 49.20
Retained Earnings 1,173.45 1,189.70 1,185.08 1,116.08 1,249.16
Shareholders Funds 1,768.79 1,776.39 1,766.29 1,664.05 1,803.94
           
Minority Interests/Other Equity 24.24 (16.50) (58.80) n/a n/a
Total Equity 1,793.03 1,759.88 1,707.49 1,664.05 1,803.94
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 445.07 498.89 352.29 308.72 337.76
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (162.40) (280.95) (147.79) (203.52) (733.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (196.66) (137.03) (100.76) (217.44) 145.24
Net Increase/Decrease In Cash 86.01 80.91 103.73 (112.24) (250.00)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 11.1 12.0 4.4 n/a 3.3
PEG - Adjusted 0.4 n/a n/a n/a 0.0
Earnings per Share Growth - Adjusted 27% -54% n/a n/a 77%
Dividend Cover 0.85 1.10 2.40 (1.30) 4.60
Revenue per Share 180.35¢ 161.75¢ 1.26¢ 90.15¢ 118.58¢
Pre-Tax Profit per Share 32.49¢ 34.73¢ 0.30¢ (13.63¢) 49.79¢
Operating Margin 23.50% 28.87% 34.19% (5.98%) 44.71%
Return on Capital Employed 9.43% 10.12% 0.10% n/a 12.15%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.1 12.0 434.3 n/a 3.1
PEG - Adjusted 0.4 0.0 n/a n/a 0.0
Earnings per Share Growth - Adjusted 27% 4,441% n/a n/a 88%
Dividend Cover 0.85 1.10 0.02 (1.30) 4.90
           
Dividend Yield 10.6% 7.6% 9.5% 12.2% 6.5%
Dividend per Share Growth 65.00% n/a n/a n/a n/a
Operating Cash Flow per Share 75.64¢ 84.78¢ 59.87¢ 52.46¢ 57.40¢
Cash Incr/Decr per Share 14.62¢ 13.75¢ 0.18¢ (19.07¢) (42.48¢)
Net Asset Value per Share (exc. Intangibles) 284.57¢ 277.93¢ 267.87¢ 272.81¢ 276.89¢
Net Gearing 17.35% 20.82% 25.23% 26.78% 25.81%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page