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SEPLATOil & Gas

Seplat Energy Plc

₦11,495
▲ 10%+57% YTD
≈ $8.21 · Forex rate

Key stats

Market cap
₦5,500B
P/E ratio
8.2x
Dividend yield
2.1%
52-week range
₦5,809 – ₦11,495
Founded
2009
Listed
2014
Board
Premium Board
Industry
Integrated Energy
HQ
Lagos, Nigeria
CEO
Roger Brown
Shares
0.589B
ISIN
NGSEPLAT0008

SEPLAT Price History

Yearly close — last 5-7 years

₦0₦2.4K₦4.8K₦7.2K₦9.6K₦12.0K20192020202120222023202420252026

🧮 If you had invested in SEPLAT

1,000,000 in SEPLAT 3 years ago would be worth:
7,927,586
▲ +6,927,586 (+692.8%)
From Dec 2022 (₦1,450) to Apr 2026 (₦11,495) · 689 shares

Past performance does not guarantee future returns.

Key milestones

2009
Company founded by A.B.C. Orjiako and Austin Avuru
2010
Acquired OMLs 4, 38, 41 from ConocoPhillips for $340M
2014
Listed on both NGX and London Stock Exchange
2022
ANOH Gas Processing Plant construction commenced
2024
Completed $1.28B acquisition of ExxonMobil's MPNU
2025
Revenue surpassed $5B annually for the first time
2026
Share price crossed ₦10,000 — NGX all-time record

Dividend History

YearInterimFinalTotal /share
2025₦50₦150₦200
2024₦50₦100₦150
2023₦25₦100₦125
2022₦25₦50₦75
2021₦15₦15

Financial Highlights (₦ Billions)

Metric202320242025
Revenue₦430B₦1,120B₦2,730B
Net profit₦120B₦380B₦890B
Profit margin27.9%33.9%32.6%
EPS2036441,509
Total assets₦1,250B₦2,800B₦4,500B
ROE18.0%28.0%35.0%

Why Lagosian dey care about SEPLAT

Seplat na Nigeria biggest independent energy company. For Lagosian, Seplat output dey affect Nigeria oil revenue wey fund federal budget. Seplat dey expand into gas supply through ANOH Gas Plant wey go feed Lagos power grid. Share price don rise 57% dis year. One share (₦11,495) cost pass one month rent for Alimosho.

About di company

Seplat Energy na Nigeria leading indigenous integrated energy company. Dem list am for both NGX and London Stock Exchange. Di company start for 2009. Seplat dey operate across di entire energy chain — upstream oil production, gas processing, and pipelines. Revenue jump 144% to $2.73 billion for Q1 2026. For October 2024, Seplat buy ExxonMobil entire Nigerian upstream subsidiary for $1.28 billion.

Business segments

1.Upstream Oil Production (OMLs 4, 38, 41, 53 + MPNU assets)
2.Gas Processing (Sapele Gas Plant, ANOH Gas Plant)
3.Pipeline & Infrastructure (Amukpe-Escravos pipeline)
4.LNG (via MPNU acquisition)
📈 Why buy

Seplat is Nigeria's oil sector consolidation play. The MPNU acquisition doubled reserves and production while ANOH unlocks gas monetization. At 8.2x PE with Q1 revenue up 144%, the stock is cheap relative to production growth. Oil prices above $110/barrel provide a massive tailwind.

📉 Why fear

Regulatory risk under the Petroleum Industry Act, pipeline vandalism in the Niger Delta, FX risk on dollar-denominated debt, and the structural decline of global oil demand post-2030. The MPNU integration is complex and execution risk remains.

Key risks

  • Pipeline vandalism and crude oil theft in the Niger Delta
  • Regulatory changes under the Petroleum Industry Act
  • Foreign exchange risk on $1.28B MPNU acquisition debt
  • Global energy transition reducing long-term oil demand
  • ANOH Gas Plant construction delays

Trading activity — past 3 months

Seplat is the 15th most traded stock on the NGX over the past three months. SEPLAT has traded a total volume of 42 million shares in 38,500 deals, valued at ₦420 billion over the period, averaging 670,000 shares per session. A volume high of 4.2 million was achieved on March 18th, coinciding with the ₦10,000 price milestone. The stock hit its 52-week high of ₦11,495 on April 30, 2026.

Oil & Gas sector — SEPLAT dey rank 1 of 2

By market cap

#TickerNamePriceYTD
1SEPLATSeplat Energy Plc₦11,495+57%
2ARADELAradel Holdings Plc₦2,024+85%
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Frequent Question

SEPLAT (Seplat Energy Plc) na trading at ₦11,495. Up 10.00% today, +57% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.