Serica Energy Share Price (SQZ)

Just picked up another 20k shares. looking cheap to me , no matter the potential headwinds , which imo will be nowhere near as windy as some alude.

The strength of the business shone through in terms of its balance sheet, cash flow, operating costs and reserves replacement. Given the drop in gas prices, last year's acquisition of oil producer Tailwind looks very clever with its associated tax losses.

The new executive chairman and chief finance officer sounded like they meant business. If it has not done another corporate deal this year, I will be amazed.

Given current prohibitive tax rates, any deal will most likely be outside the UK North Sea. In the meantime, it has maintained its final dividend of 14p, which, with the interim of 9.0p, gives a yield of 12.7 per cent. In addition, it has initiated a share buyback of £15m.

Luca,

"Labour will need to make significant concessions..."

Are you familiar at all with Ed Miliband? Rachel Reeves? Clueless doesn't begin to describe them.

...cow under the pretense of tax.

SQZ is well positioned to capitalise on business opportunities whether in UK or abroad

"Harnessing british energy..." Keir in his election speech.

We know it and they know it, labour will need to make significant concessions to keep british energy providers onside. I think the windfall tax will be drastically cut given how impactful it has been on the sector esp with lower gas prices.

Time they incentivise UK as a place of business rather than a cash