The company also reported a pre-tax profit of $86.1 million representing a 3.2% jump over the same period in 2022. 5b Isaiah Odolu Street, GRA phase 2 Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Export data to Excel for your own analysis. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Seplat, a Nigerian oil and gas company listed on the Nigerian Exchange (NGX) and the London Stock Exchange, is facing internal crises and legal battles stemming from changes in managerial structure and the delayed acquisition of Mobil Producing Nigeria Unlimited assets. Net sales break down by Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. See what's happening in the market right now with MarketBeat's real-time news feed. @media (min-width: 850px) { Additionally, the company's CEO Roger Brown directly holds 0.6% of the total shares outstanding. 337927). So they generally do consider buying larger companies that are included in the relevant benchmark index. With 47% stake, private companies possess the maximum shares in the company. PT Pertamina (Persero) is currently the company's largest shareholder with 21% of shares outstanding. How many employees does Seplat Energy have? Maurel & Prom is an oil and gas exploration and production company listed on the regulated market of Euronext Paris.With a history of almost two centuries, Maurel & Prom has, both at its headquarters in Paris and in its subsidiaries, a solid technical expertise and a long operational experience, especially in Africa. Shareholders of Seplat Petroleum Development Company Plc have expressed optimism that the new chief executive officer(CEO) of the company, Mr. Roger After ABC Orjiako stepped down as Board Chairman at Seplat, the company had a consultancy arrangement with him, which obliged him to provide defined assistance to certain external stakeholders. Many institutions measure their performance against an index that approximates the local market. By August 8, 2022, President Buhari had given his approval for Seplat to acquire MPNUs assets, citing the numerous benefits to Nigerias economy. .uniq_1764707858073873 { At first observation, the ownership skirmishes at Seplat closely resemble the case of the two Hebrew women who approached the judgement throne of King Solomon, Strategic growth: Eland acquisition Structure Liquidity and Debt Structure. At first observation, the ownership skirmishes at Seplat closely resemble the case of the two Hebrew women who approached the judgement throne of King Solomon, disputing ownership of a baby. A 30-year-old man is under police guard in hospital accused of stabbing a senior-constable who had been investigating reports of a disturbance.The incident unfolded on the street outside an address at Rothwell, north of Brisbane, just before 9. What is Seplat Energy's stock price today? Metro Pacific Investments Corporation is currently the largest shareholder, with 21% of shares outstanding. What Seplat is buying from Mobil. Seplat Petroleum Development Company Is this your company? You can see Seplat Petroleum Development's historic earnings and revenue below, but keep in mind there's always more to the story. Lagos State, Kano }. This implies the analysts working for those institutions have looked at the stock and they like it. Seplat Energy's mailing address is 25A Lugard Avenue, Ikoyi, LAGOS, 101222, Nigeria. Seplat Energy also announced that the Lagos Federal High Court has vacated the ex parte interim orders against Seplat, its Chief Executive Officer, and its Board Chairman. Essendon dasher Sam Durham has been slapped with a one-match ban for a dangerous tackle on Geelong's Mark Blicavs.Durham is the latest player cited under the AFL's crackdown on dangerous tackles, after slinging Blicavs to the MCG turf in the third quarter of Essendon's 28-point loss on Sunday. Seplat Energy Plc Insider Trading & Ownership Structure View which stocks are hot on social media with MarketBeat's trending stocks report. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Comfortable Liquidity: Seplat had USD324 million of unrestricted cash at 31 December 2021. Transparency is how we protect the integrity of our work and keep empowering They too, get it wrong sometimes. Meanwhile, the company and its Board members continued to support Mr Brown through his ordeal, and he kept exercising his duties as the company CEO from the UK office, despite the withdrawal of his work permit. Who We Are Seplat Energy Offshore Limited, a wholly owned Nigerian subsidiary of Seplat Energy Plc, has entered into a Sale and Purchase Agreement to acquire the entire share capital of MPNU for a purchase price of $1,283 million plus up to $300 million contingent consideration, subject to lockbox, working capital and other adjustments at The plan involves the retirement of Mr Basil Omiyi as Board Chairman, as well as the retirement of Senior Independent Non-Executive Director (SINED), Dr Charles Okeahalam before the companys Annual General Meeting in May 2024. .uniq_1764707858073873 { 3, Idejo Street, Opposite ICON House, Despite these challenges, Seplat reported higher revenue and pre-tax profits in the first quarter of 2023, and has announced a Boardroom succession plan to strengthen corporate governance and retire some board members. As you can see, institutional investors have a fair amount of stake in Seplat Petroleum Development. The ex-dividend date is Wednesday, May 17th. It also benefits from a USD350 million undrawn RCF due in December 2023 and USD39 million availability under a committed USD50 million junior off-take credit facility due in 2027. Owner Type Number of Shares Ownership Percentage; Individual Insiders: 17,039,930: 2.9%: Hedge Funds: 52,544,527: 9.0%: Following the request, the State High Court issued an ex-parte order of interim injunction, which prohibited the defendants from finalizing any divestment in MPNU, including the sale and purchase agreement (SPA) signed with Seplat Energy Offshore Limited, while the case was pending before the court. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Who are the major shareholders and have insiders been buying or selling? Liquidity and Debt Structure. max-width: 850px; We aim to bring you long-term focused analysis driven by fundamental data.
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seplat ownership structure