Seplat Energy agrees USD 281.6 million sale: Seplat Energy stock is valued at GBP 5.0 billion

Published on 10/20/2026 at 12:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half output averaged 139,509 boepd versus 134,492 in 2025. Seplat Energy stock costs EUR 9.88 on October 20, 2026 at a GBP 5.0 billion value.

Production and ownership shape valuation

Seplat Energy agreed a USD 281.60 million NNPC stake sale on October 2, 2026.
First-half 2026 production averaged 139,509 boepd versus 134,492 boepd in the prior-year period.
Seplat Energy stock traded at EUR 9.88 at 12:39 p.m. CEST at Lang & Schwarz on October 20, 2026.
The next board meeting is scheduled for October 28, 2026.

SEPLAT, NGSEPLAT0008, Illustration mit AI erstellt.

Seplat Energy (NGSEPLAT0008) agreed to sell a 10 percent interest in the NNPCL-SEPNU joint venture for USD 281.60 million on October 2, 2026, while its stock traded at EUR 9.88 at Lang & Schwarz on October 20, 2026 at 12:39 p.m. CEST. BusinessDay reported that the transaction with Nigerian National Petroleum Company Limited was expected to close in the second half of 2026.

What does the deal change?

The transaction gives Seplat Energy a quantified portfolio catalyst, but its financial effect depends on completion and the terms of the joint venture transfer. BusinessDay said the company projected total 2026 dividends of USD 0.683 per share, up 173 percent from the prior year.

Production remains the operating test

Seplat Energy averaged 139,509 barrels of oil equivalent per day in the first half of 2026, compared with 134,492 boepd in the first half of 2025. In the second quarter of 2026, production reached 149,070 boepd, versus 137,207 boepd in the second quarter of 2025, according to Simply Wall St. The company kept its 2026 production guidance at 135,000 to 155,000 boepd.

Three dated developments

On September 30, 2026, Heirs Energies bought 6,000,000 Seplat Energy shares at GBP 8.87 each, taking its holding to 27,943,867 shares, according to RNS. On October 2, 2026, Seplat Energy disclosed the USD 281.60 million NNPC transaction. On October 20, 2026, the euro quote stood at EUR 9.88 at Lang & Schwarz.

Dates that matter next

Seplat Energy has a board meeting scheduled for October 28, 2026, to consider unaudited third-quarter results, according to Simply Wall St. TradingView lists November 4, 2026 as the next earnings date.

Stock valuation in euros

The market capitalization was GBP 4.98 billion on October 20, 2026, while the London Stock Exchange quote was last at GBp 830.00 at 10:11 a.m. UTC, according to the structured market snapshot. Its 52-week range was GBp 238.00 to GBp 892.00. The London listing and ISIN are confirmed by Global Banking and Finance Review. Seplat Energy stock therefore combines a large production base with an ownership transaction and a scheduled results checkpoint. The further course of trading is shown by the continuously updated real-time quote of Seplat Energy stock.