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SEPLAT
News and analysis about seplat
This was triggered by buying pressures from institutional investors on blue-chip stocks.
This marked an improved performance when compared with the previous outlook.
According to the notice, Avuru will be considered a “good leaver” on his retirement.
Market sentiment mirrored the All Share Index with 18 losers against 16 gainers.
SEPLAT and UNILEVER recorded the largest decline with -10.00% and -4.67% drop in share value.
The notification is in conformity with the rules of the Nigerian bourse on the obligations of the issuer.
Nigerian bourse suffered heavy sell-offs, as crude oil broke its support levels of $40.
Eyes have naturally been on the company in a bid to try to keep up with its changing structure.
A cursory view of the financial statement shows that the company booked N47.5 billion in impairments, as the company decided to revalue its oil and gas assets following the crash in oil prices
Seplat Petroleum Development Company and Waltersmith have donated some medical items that will help to curb the spread of the COVID-19 in the Imo State.
Seplat Petroleum Plc. posted revenue of $697.8 million, down 6.5% and Profit before deferred tax went up to $270.3 million.
Seplat Petroleum is considering acquiring more oil and gas assets as it looks to expand its portfolio in the oil industry.