Serica Energy plc (SQZ.L)
| Previous Close | 252.00 |
| Open | 247.50 |
| Bid | 249.00 x 0 |
| Ask | 250.00 x 0 |
| Day's Range | 245.00 - 259.58 |
| 52 Week Range | 235.00 - 454.00 |
| Volume | |
| Avg. Volume | 1,729,470 |
| Market Cap | 672.228M |
| Beta (5Y Monthly) | 0.89 |
| PE Ratio (TTM) | 86.21 |
| EPS (TTM) | 2.90 |
| Earnings Date | Apr 19, 2023 - Apr 24, 2023 |
| Forward Dividend & Yield | 0.17 (5.06%) |
| Ex-Dividend Date | Oct 27, 2022 |
| 1y Target Est | 475.25 |
- Reuters
Serica Energy to buy Tailwind Energy Investments in $782 million deal
Serica, whose production operations are centred on the UK North Sea, said it would issue 367 million pounds of new shares, take on Tailwind's net debt of about 277 million pounds and pay 58.7 million pounds in cash upon the deal's completion. "Through the introduction of Mercuria as a new strategic investor, we will be differentially positioned to take advantage of the opportunities we expect to arise through industry consolidation, the North Sea transition deal and potentially overseas," Serica's Chief Executive Officer Mitch Flegg said.
- The Telegraph
North Sea gas producer reports 8,700pc surge in profits
One of the UK’s biggest gas producers has reported an 8,700pc rise in profits amid surging prices and higher production.
- Reuters
Kistos walks away from bid to acquire North Sea's Serica Energy
LONDON (Reuters) -North Sea investment firm Kistos on Tuesday walked away from its proposed offer to acquire British oil and gas group Serica Energy following weeks of wrangling. In July, Serica rejected Kistos's cash and shares merger proposal, which valued the company at 1.04 billion pounds ($1.23 billion). Serica, which produces around 5% of Britain's gas supplies, then made its own proposal to acquire Kistos, which Kistos rejected.
