Insider Buying: Seplat Energy Plc (LON:SEPL) Insider Buys 10,000 Shares of Stock

Seplat Energy Plc (LON:SEPL) insider Udoma Udo Udoma purchased 10,000 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was bought at an average cost of GBX 200 ($2.51) per share, with a total value of £20,000 ($25,144.58).

Seplat Energy Stock Performance

SEPL stock traded up GBX 2 ($0.03) during midday trading on Thursday, reaching GBX 198 ($2.49). The stock had a trading volume of 162,673 shares, compared to its average volume of 225,318. The company has a debt-to-equity ratio of 42.43, a quick ratio of 1.40 and a current ratio of 1.48. The firm has a fifty day simple moving average of GBX 214.63 and a two-hundred day simple moving average of GBX 199.72. The stock has a market cap of £1.17 billion, a PE ratio of 1,800.00, a P/E/G ratio of 0.09 and a beta of 0.45. Seplat Energy Plc has a 52-week low of GBX 120.60 ($1.52) and a 52-week high of GBX 243 ($3.06).

Seplat Energy Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 11th were given a $0.04 dividend. The ex-dividend date of this dividend was Monday, November 11th. This represents a yield of 1.2%. This is a positive change from Seplat Energy’s previous dividend of $0.03. Seplat Energy’s dividend payout ratio is currently 8,181.82%.

About Seplat Energy

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.