Seplat Energy 6M 2026 net income swings to USD 164 million; revenue rises 30% to USD 1.82 billion

Reuters2026/07/30 06:17

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Seplat Energy posted 6M 2026 net income of USD 164 million, up 498% year over year; EPS rose to USD 26.6 cents, up 565%.
Revenue climbed 30% to USD 1.82 billion on an average realised oil price of USD 94.13/bbl, a USD 7.47/bbl premium to Brent.
Adjusted EBITDA increased 28% to USD 938.6 million; free cash flow rose 35% to USD 526.4 million.
Net debt fell 45% since FY 2025 to USD 370.7 million; net leverage improved to 0.25x net debt/EBITDA from 0.53x.
2Q dividend lifted to USD 12 cents a share; Seplat targets USD 45 cents for 2026, with a USD 23.3 cents transaction payout planned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seplat Energy plc published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seplat Energy 6M 2026 net income swings to USD 164 million; revenue rises 30% to USD 1.82 billion

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