Seplat Energy Share Price (SEPL)

Brent back to $77.70 ,all my oilers are down on this sudden fall,also possible industrial action by Nigerian oil workers being reported on Oilprice.com in Support of national minimum wage.

Hi Ben,

I really thought the price would firm up a little bit more, the opposite has occurred, which now makes me think we will be back in the low 180’s (maybe 170’s) by COB Friday.

Then we will sit and wait for a RNS.

Slightly surprised how quickly the SP has pulled back in the past couple of days. Well over 10% retrace seems excessive. Hopefully some formal news in the next few weeks will reignite the SP.

Some of you might of seen this but it is the first article I have seen which is written by the press.

Came out yesterday.

https://www.addtoany.com/share#url=https%3A%2F%2Fthewillnews.com%2Fnnpcl-backtracks-signs-exxonmobil-seplat-energy-deal%2F&title=NNPCL%20Backtracks%2C%20Signs%20ExxonMobil%2FSeplat%20Energy%20Deal

Plus it goes without saying of course it's the Nigerian press.

Hi herminator,

DEC is pretty volatile and heavily shorted. I hold and will likely add more later. I see it going to £15 in a few months.

For me it’s an income play and I got loads in 880 pence range. Hence I can ride it out and buy dips.

But the future of US gas and Dec with their debt run off is very compelling. Also lots of ii’s buying now.

I think here is a safer bet than DEC though or even MNG/PHNX where it looks like the selling is over and will climb with ECB rate cuts and post election no matter who wins. Both offer exceptional yield.

When I slice at HEX will look to add DUKE and possibly WINK. Both will benefit from rate cuts and are quarterly payers which fit my income needs. ATM I am very heavy in just 6 stocks so need to diverse bit.

Usual caveats

Trek