Strong Nigerian Oil and Gas Output Will Drive Increased Market Interest

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

09 Mar 25

Updated

07 Dec 25

Views

133

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

33.2%

7D

2.2%

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1Y

33.2%

7D

2.2%

You can edit this narrative until Dec 8 6:05 AM. Then, changes will post as Updates.

Author's Valuation

UK£4.8247.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Dec 25

SEPL: Higher Dividend Commitments Will Support Stronger Future Share Price Potential

Narrative Update on Seplat Energy Analysts have raised their price target on Seplat Energy by 90 GBp to 415 GBp, citing reinforced conviction in the company’s earnings outlook and valuation upside supported by recent research updates. Analyst Commentary Recent research updates highlight a constructive stance on Seplat Energy, with the latest price target revision framed around improved earnings visibility and perceived valuation support.

Shared on 23 Nov 25

Fair value Increased 26%

SEPL: Higher Price Targets and New Dividend Commitments Will Support Future Returns

Seplat Energy's analyst price target was raised from £3.25 to £4.15. This change reflects analysts' increased expectations for revenue growth, even though there is some moderation in projected profit margins and rising discount rates.

Shared on 08 Nov 25

SEPL: Improved Margins and Lower Risk Will Drive Shareholder Returns

Analysts have increased their price target for Seplat Energy from £3.25 to £4.15, citing improved profit margins and a lower discount rate as key factors behind the positive revision. Analyst Commentary Following the recent price target increase for Seplat Energy, analysts have highlighted both positive drivers and potential risk factors influencing their outlook for the company.

Shared on 25 Oct 25

Analysts have raised their price target on Seplat Energy by £0.90 to £4.15 per share, following an updated assessment of the company’s outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent upward revision of Seplat Energy's price target, which reflects improved confidence in the company’s ability to execute on its growth plans.

Shared on 11 Oct 25

Fair value Increased 8.62%

Seplat Energy's analyst price target has been increased by analysts from £3.25 to £4.15 per share. The upward revision is attributed to improved revenue growth forecasts and a lower discount rate.

Shared on 27 Sep 25

Fair value Increased 7.84%

Despite lower revenue growth forecasts, a notable reduction in Seplat Energy’s future P/E multiple reflects improved valuation confidence, supporting an upward revision of the fair value target from £3.28 to £3.54. What's in the News Board meeting scheduled to discuss Q3 2025 unaudited financial results and other items.

Shared on 04 Aug 25

Fair value Increased 8.60%

Despite a substantial decline in revenue growth forecasts, Seplat Energy's future P/E has compressed significantly, supporting an increased analyst price target from £3.02 to £3.28. What's in the News Seplat Energy reaffirmed 2025 production guidance at 120–140 kboepd, with unit operating costs of $14–$15/boe.

Shared on 01 May 25

Fair value Decreased 23%

Shared on 23 Apr 25

AnalystConsensusTarget has increased shares outstanding growth rate from -0.0% to 0.0%.

Shared on 17 Apr 25

Fair value Increased 2.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 4.05%

AnalystConsensusTarget has decreased discount rate from 23.9% to 20.3%.

Shared on 02 Apr 25

Fair value Increased 59%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 1.19%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 17%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 21%

AnalystConsensusTarget Fair Value

UK£4.82

47.5% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

5.41%

Oil and Gas revenue growth rate

1.15%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

14.25%

Calculation

US$131.30m

Earnings '28

x

43.72x

PE Ratio '28

=

US$5.74b

Market Cap '28

US$5.74b

Market Cap '28

/

598.74m

No. shares '28

=

US$9.59

Share Price '28

US$9.59 Share Price '28

Discounted to 2025 @ 14.31% p.a.

=

US$6.42

Fair Value '25

US$6.42 Fair Value '25

Converted to GBP @ 0.7500 USD/GBP Exchange Rate

=

UK£4.82

Fair Value '25