Q12024 Seplat Unaudited Financial Result | Elevated Tax Expense Drives Net Loss
In Q1:2024, Seplat Energy’s revenue grew by a remarkable 76.73% year-on-year (YoY) to reach NGN268.62bn. This exceptional performance was fueled by substantial growth in both crude oil (up 64.72% YoY) and gas (up 184.84 % YoY) revenue streams. Average production slowed down by 4.8% YoY to 49,258 barrels of oil and equivalent per day (boepd) […]
Nigerian Oil and Gas Sector Report 2024 | Unraveling Nigeria’s Oil and Gas Tapestry
This report delves into the complexities of the oil and gas sector, specifically focusing on OPEC’s impact on global energy dynamics and Nigeria’s potential as Africa’s leading oil producer. We delve deeper by analyzing major players within the Nigerian market, providing both price targets and insightful recommendations to guide investors towards informed decisions. Executive Summary […]
