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Seplat Energy Plc (Nigeria)

Main Activities: Crude Petroleum Extraction | Natural Gas Extraction | Support Activities for Oil and Gas Operations
Full name: Seplat Energy Plc Profile Updated: October 31, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Seplat operates as an independent oil and gas exploration and Production Company incorporated and operating in Nigeria with strategic focus on Nigeria. The company was founded in June 2009 by entities controlled by Dr A.B.C. Orjiako (the Chairman of SEPLAT) and Austin Avuru (the Managing Director and Chief Executive Officer of SEPLAT) to facilitate the acquisition of OMLs 4, 38 and 41 from Shell, Total and ENI. Seplat has become a leading indigenous oil and gas operator in Nigeria. The company has increased its production and reserves year-on-year and has grown revenues and net profit in each year since it commenced operations.

Legal Address
16a Temple Road,Ikoyi
Lagos; Lagos;

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Website: http://www.seplatpetroleum.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
2009
Key Executives
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Chairman
Ownership Details
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5.75%
Subsidiaries
Newton Energy Limited
100%
Seplat East Onshore Limited
100%
Seplat East Swamp Company Limited
100%
Company Performance
Financial values in the chart are available after Seplat Energy Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
34.7%
Total operating revenue
43.15%
Operating profit (EBIT)
N/A
EBITDA
98.37%
Net Profit (Loss) for the Period
N/A
Total assets
29.35%
Total equity
5.43%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
4.42%
Quick Ratio
0.17%
Cash Ratio
0.11%

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