Share Search
Visit the Share Search
Seplat Energy Accounts Summary
| Date of Accounts | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Standard | IFRS | IFRS | IFRS | IFRS | IFRS |
| Millions | Millions | Millions | Millions | Millions | |
| Income Statement | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
| Revenue | 2,725.86 | 1,116.17 | 1,061.27 | 951.79 | 733.19 |
| Operating Profit / Loss | 675.23 | 326.66 | 249.36 | 274.74 | 250.69 |
| Net Interest | -173.14 | -80.54 | -59.64 | -66.98 | -75.88 |
| Pre Tax Profit | 497.84 | 266.72 | 191.20 | 204.38 | 177.34 |
| Post Tax Profit | 159.09 | 140.48 | 123.87 | 104.71 | 117.18 |
| Profit for the Period | 159.09 | 140.48 | 123.87 | 104.71 | 117.18 |
| Equity Holders of Parent Company | 160.14 | 149.04 | 83.13 | 62.41 | 141.78 |
| Minority Interests | -1.05 | -8.56 | 40.74 | 42.30 | -24.61 |
| Continuing EPS | |||||
| Earnings per Share (Basic) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Earnings per Share (Diluted) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Earnings per Share (Adjusted) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Continuing and Discontinued EPS | |||||
| Earnings per Share (Basic) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Earnings per Share (Diluted) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Earnings per Share (Adjusted) | 27.00 USX | 25.00 USX | 14.00 USX | 11.00 USX | 24.00 USX |
| Dividend per Share | 0.25 USD | 0.17 USD | 0.15 USD | 0.15 USD | 0.10 USD |
| Millions | Millions | Millions | Millions | Millions | |
| Balance Sheet | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
| Non-Current Assets | |||||
| Intangible Assets | 566.35 | 662.86 | 118.51 | 124.42 | 131.20 |
| Property, Plant and Equipment | 3,594.45 | 3,808.17 | 1,660.06 | 1,690.18 | 1,638.68 |
| Investments | 259.77 | 244.01 | 223.41 | 221.90 | 225.27 |
| Investment Properties | n/a | n/a | n/a | n/a | n/a |
| Other Financial Assets | 0.00 | 0.00 | n/a | n/a | n/a |
| Other Non-Current Assets | 308.23 | 352.63 | 434.72 | 412.98 | 491.38 |
| Total Non-Current Assets | 4,728.80 | 5,067.68 | 2,436.70 | 2,449.48 | 2,486.53 |
| Current Assets | |||||
| Inventories | 340.77 | 342.58 | 52.43 | 55.41 | 74.96 |
| Trade and Other Receivables | 509.19 | 787.58 | 420.70 | 390.67 | 257.28 |
| Cash at Bank and in Hand | 332.33 | 469.86 | 450.11 | 404.34 | 324.49 |
| Current Asset Investments | n/a | n/a | n/a | n/a | n/a |
| Other Current Assets | 158.76 | 147.79 | 35.08 | 32.43 | 20.10 |
| Total Current Assets | 1,341.03 | 1,747.81 | 958.32 | 882.84 | 676.83 |
| Other Assets | 12.27 | 12.27 | n/a | n/a | n/a |
| Total Assets | 6,082.10 | 6,827.76 | 3,395.02 | 3,332.32 | 3,163.37 |
| Current Liabilities | |||||
| Borrowings | 92.89 | 466.97 | 90.59 | 78.35 | 63.75 |
| Other Current Liabilities | 1,137.03 | 1,301.16 | 614.01 | 519.59 | 417.15 |
| Total Current Liabilities | 1,229.91 | 1,768.13 | 704.59 | 597.94 | 480.90 |
| Net Current Assets | n/a | n/a | n/a | n/a | n/a |
| Non-Current Liabilities | |||||
| Borrowings | 979.73 | 975.70 | 666.49 | 695.88 | 706.43 |
| Provisions | 2,028.08 | 2,195.54 | 228.90 | 272.18 | 258.39 |
| Other Non-Current Liabilities | 2.72 | 50.09 | 2.01 | 6.44 | 10.15 |
| Total Non-Current Liabilities | 3,010.53 | 3,221.33 | 897.40 | 974.50 | 974.98 |
| Net Assets | 1,841.66 | 1,838.30 | 1,793.03 | 1,759.88 | 1,707.49 |
| Capital and Reserves | |||||
| Share Capital | 1.87 | 1.86 | 1.86 | 1.86 | 1.86 |
| Share Premium Account | 560.37 | 518.56 | 520.43 | 522.23 | 520.14 |
| Other Reserves | 16.50 | 73.37 | 73.05 | 62.60 | 59.21 |
| Retained Earnings | 1,248.29 | 1,228.82 | 1,173.45 | 1,189.70 | 1,185.08 |
| Shareholders Funds | 1,827.03 | 1,822.62 | 1,768.79 | 1,776.39 | 1,766.29 |
| Minority Interests / Other Equity | 14.62 | 15.68 | 24.24 | -16.50 | -58.80 |
| Total Equity | 1,841.66 | 1,838.30 | 1,793.03 | 1,759.88 | 1,707.49 |
| 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 | |
| Operating Margin | 24.77% | 29.27% | 23.50% | 28.87% | 34.19% |
| Return on Capital Employed | 15.33% | 7.21% | 9.43% | 10.12% | 9.72% |
| Dividend Cover | 1.41 | 1.89 | 0.85 | 1.10 | 2.40 |
| Dividend Yield | 5.00 | 5.00 | 9.90 | 7.10 | 8.90 |
| PE Ratio | 14.20 | 10.50 | 11.90 | 12.90 | 4.70 |
| PEG | n/a | n/a | n/a | n/a | n/a |
| Dividend per Share Growth | n/a% | -31.25% | 25.00% | -39.39% | n/a% |
| Net Asset Value per Share | 2.13 USD | 1.96 USD | 2.79 USD | 2.73 USD | 2.63 USD |