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Why Seplat Energy Won’t Consider a Stock Split—Insider Insights
Seplat Energy, the most expensive stock on the Nigerian Exchange (NGX) at ₦5,700 per share, is not planning a stock split anytime soon, despite growing calls from traders for increased liquidity and accessibility. Sources familiar...
Seplat Energy: A Stock to Watch in 2025
Overview
Seplat Petroleum Development Company, listed on the Nigerian Stock Exchange (NGX) under the ticker SEPLAT, is one of the most prominent players in Nigeria’s energy sector. With a market capitalization of ₦3.35 trillion, Seplat holds the position...
Seplat Aims to Boost Crude Oil Production to 120,000bpd
Seplat Energy Targets Doubling Crude Oil Output
Seplat Energy, a leading oil and gas producer, has unveiled ambitious plans to double its crude oil production from 50,000 barrels per day (bpd) to an impressive 120,000 bpd within the next...
EXXONMOBIL AND SEPLAT DIVESTMENT NEARS COMPLETION AS PRESIDENT TINUBU CONFIRMS MINISTERIAL APPROVAL IMMINENT
In a key announcement during his Independence Day broadcast, President Bola Tinubu revealed that the long-awaited divestment of ExxonMobil’s assets to Seplat Energy is set to receive...
SEPLAT SEEKS SUSTENANCE OF ENERGY SECTOR REFORMS
Key Points:
1. Advocacy for Reforms:
- Company: Seplat Energy Plc.
- Focus: Continuation of ongoing reforms and incentives in the energy sector.
- Specific Mention: Band A tariff announced by the Nigerian Electricity Regulatory...
Summary:
The Nigerian National Petroleum Company (NNPC) Limited has filed a motion in the High Court of the Federal Capital Territory, Abuja, to discontinue its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
SEPLAT TO REWARD ITS CHIEF OFFICERS WITH 3,139,250 SHARES AS PART OF PERFORMANCE BONUS FOR 2024
Seplat Energy Plc will reward its CEO, COO, and CFO with a total of 3,139,250 shares as part of their 2024 performance bonus under its Long-Term Incentive Plan (LTIP). The shares, based on achieving...
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