Seplat Energy PLC
Seplat Energy at a glance
Seplat Energy Plc is a Nigerian oil and gas producer with onshore and offshore operations, listed in Lagos and London. Its half-year report presents financial statements in both naira and US dollars. The table below uses the report’s US-dollar presentation and separately identifies production on a working-interest basis.
| Measure | Reported result |
|---|---|
| Revenue | US$1,820.04 million |
| Profit after tax | US$164.01 million |
| Basic earnings per share | US$0.27 (rounded statement figure) |
| Average working-interest production | 139,509 barrels of oil equivalent per day |
Working-interest production reflects the group’s share of output. Barrels of oil equivalent combine oil and gas on an energy-equivalent basis; they are not barrels of crude oil alone. The currency figures are historical report values, not a current exchange conversion.
Source: Seplat 6M 2026 results, pages 5 and 74. Figures are historical reported results, not live share prices or forecasts. Source check: 3 October 2026. Publisher: Naija Investing.
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About the Company
Seplat Energy PLC, formerly known as Seplat Petroleum Development Company PLC, is a leading Nigerian independent energy company. Established in 2009, Seplat focuses on oil and gas exploration and production, with assets in the prolific Niger Delta region. The company is listed on both the London and Nigerian Stock Exchanges, reflecting its commitment to transparency and global standards.
Leadership Team
- Roger Brown – Chief Executive Officer
- Eleanor Adaralegbe – Chief Financial Officer
- Samson Ezugworie – Chief Operating Officer
Corporate Social Responsibility (CSR)
Seplat Energy is committed to corporate social responsibility through initiatives that promote community development, environmental sustainability, and education. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.
Company Milestones
- 2009: Incorporated as Seplat Petroleum Development Company PLC.
- 2010: Acquired a 45% interest in three onshore producing oil and gas blocks in the Niger Delta (OMLs 4, 38, and 41).
- 2014: Listed on both the London and Nigerian Stock Exchanges.
- 2021: Rebranded as Seplat Energy PLC to reflect a broader energy focus.
Company analysis and investor guides
Read the September 2026 Seplat shareholding analysis for the ownership disclosure and its limits. The Nigeria oil-price transmission analysis explains why realised prices, saleable output and costs must be considered together.
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