Main revenue sectors:

• Oil production
• Gas production

TOP 3 markets and their percentage shares:

1. Nigeria: approx. 70%
2. United Kingdom: approx. 15%
3. Rest of Africa: approx. 10%

Seplat Energy Plc generates the majority of its revenue from oil and gas production. The Nigerian market is the most important for the company as it operates its main production facilities there. Export to the United Kingdom and other African countries also significantly contributes to the revenue. This distribution reflects Seplat's strategic focus on leveraging local resources and tapping into international markets.

Production sites of Seplat Energy Plc:

• Nigeria

Seplat Energy Plc is a leading independent energy company mainly operating in Nigeria. The company focuses on the exploration and production of oil and gas. The main production sites are located in the onshore oil fields in the Niger Delta. Seplat operates several oil and gas fields, including OML 4, OML 38, and OML 41, which are among the key production sites.

The company has also focused on developing gas projects to improve energy supply in Nigeria and serve the local market.

Focus on Renewable Energy and Gas Production

Diversification of Energy Sources

Investments in Infrastructure and Technology

Seplat Energy Plc is pursuing a strategy aimed at diversifying its energy sources to secure future growth. The company is committed to expanding its presence in the field of renewable energies to support the transition to a more sustainable energy supply. This includes investments in solar and wind energy projects.

Another key component of the growth strategy is the increased focus on gas production. Seplat Energy sees gas production as an important bridge to a lower-carbon future and plans to significantly expand its capacities in this area.

Furthermore, the company is investing in modernizing its infrastructure and implementing new technologies to increase efficiency and reduce operating costs. These measures are intended not only to enhance Seplat Energy's competitiveness but also to lay the foundation for sustainable growth in the years to come.

Main Imported Raw Materials: Drilling and extraction equipment, chemicals for oil and gas production

Countries of Origin: USA, China, Germany

Seplat Energy Plc, a leading company in the oil and gas production sector in Nigeria, mainly imports specialized equipment and chemicals necessary for the exploration and extraction of oil and gas.

The USA is a significant supplier of advanced drilling and extraction technologies. China provides more cost-effective equipment alternatives as well as some chemical products. Germany is known for its high-quality machinery and technical solutions, which are also utilized by Seplat Energy.

These imports are crucial to ensure the efficiency and safety of the extraction processes and to maximize production capacities.

Market share in Nigeria: 15% (estimated, 2025)
Operating margin: 28% (2025)
Resource reserves: 540 million barrels of oil equivalent (2025)

Seplat Energy Plc has a significant competitive advantage in the Nigerian oil and gas industry. The company benefits from a strong market share of approximately 15% in Nigeria, making it one of the leading independent oil and gas producers in the country.

The operating margin of 28% indicates that Seplat operates efficiently and is able to control its costs well, which is a significant advantage in the volatile energy sector. Additionally, Seplat has extensive resource reserves of 540 million barrels of oil equivalent, providing a solid foundation for future growth and investments.

Seplat's strategic partnerships and investments in sustainable energy projects further strengthen its position and offer potential for diversification and risk mitigation in a changing energy market.

Institutional Investor Share: 45% (estimated for 2026 based on trends)

Insider Buys/Sells: No significant transactions known in the last year

The institutional investor share in Seplat Energy Plc is estimated to be around 45%. This figure is based on trends from recent years, with institutional investors typically holding a significant portion of publicly traded companies, especially in the energy sector.

Regarding insider buys or sells, no significant transactions are known in the last year. This could indicate that the management and other insiders are currently not making significant changes to their stake in the company, which is often interpreted as a sign of stability or satisfaction with the current corporate strategy.

Market share of Seplat Energy Plc: Estimated 3-5% (2026)

Top competitors and market shares:

1. Shell Plc: 15-20%
2. ExxonMobil Corporation: 10-15%
3. Chevron Corporation: 8-12%
4. TotalEnergies SE: 7-10%
5. BP Plc: 5-8%
6. Eni S.p.A.: 4-6%
7. Seplat Energy Plc: 3-5%
8. Schlumberger Limited: 2-4%
9. Halliburton Company: 1-3%
10. Baker Hughes Company: 1-3%

Seplat Energy Plc is a significant player in the Nigerian oil and gas sector, but a smaller player in the global context. Seplat's market share is relatively low compared to the major international oil companies. These companies have a stronger moat due to their global presence, diversified portfolios, and substantial financial resources.

However, Seplat Energy has specific advantages, especially in the Nigerian market. These include local expertise, regulatory knowledge, and strategic partnerships that are advantageous in the region. In comparison to the international giants, Seplat's moat is less pronounced as these companies have larger economies of scale, more advanced technologies, and extensive research and development resources.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Oil Production: 50,000 barrels per day (2025) Gas Production: 150 million cubic feet per day (2025)

Seplat Energy Plc recorded a revenue growth of 8.5% in 2025, attributed to stable demand for its oil and gas products. The company increased its oil production to 50,000 barrels per day and gas production to 150 million cubic feet per day, providing a solid foundation for future growth.

The profit growth of 10.2% in 2025 indicates that Seplat Energy operates efficiently and has optimized its cost structure. The company has also invested in sustainable energy projects to reduce its dependence on fossil fuels and remain competitive in the long term.

Overall, Seplat Energy's financial performance and strategic direction suggest that the stock could be an attractive investment opportunity for investors interested in the energy sector and looking to benefit from diversification into renewable energies.

Dividend Yield: 8.5% (2026, estimated)
Dividend History: Regular payouts for several years

Seplat Energy Plc has pursued a consistent dividend policy in recent years, regularly distributing dividends to its shareholders. The estimated dividend yield of 8.5% for the year 2026 indicates an attractive payout, especially compared to industry standards.

Despite the volatility in the energy sector, the company has maintained its dividend policy, reflecting a solid financial foundation and strategic planning. Therefore, investors can expect a certain level of reliability regarding future payouts, as long as significant negative market changes do not occur.