Seplat Energy (LON:SEPL) Shares Up 0.5% – Here’s Why

Seplat Energy Plc (LON:SEPL)’s share price shot up 0.5% during trading on Wednesday . The stock traded as high as GBX 215 ($2.73) and last traded at GBX 214 ($2.72). 77,778 shares changed hands during trading, a decline of 64% from the average session volume of 213,275 shares. The stock had previously closed at GBX 213 ($2.71).

Seplat Energy Price Performance

The stock has a fifty day moving average of GBX 214.52 and a two-hundred day moving average of GBX 197.53. The stock has a market capitalization of £1.26 billion, a price-to-earnings ratio of 1,945.45, a PEG ratio of 0.09 and a beta of 0.45. The company has a current ratio of 1.48, a quick ratio of 1.40 and a debt-to-equity ratio of 42.43.

Seplat Energy Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 11th were issued a dividend of $0.04 per share. This represents a yield of 1.2%. This is a boost from Seplat Energy’s previous dividend of $0.03. The ex-dividend date was Monday, November 11th. Seplat Energy’s dividend payout ratio (DPR) is currently 8,181.82%.

About Seplat Energy

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.