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Pin to quick picksSerica Energy Share News (SQZ)

Share Price Information for Serica Energy (SQZ)

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Share Price: 152.30
Bid: 152.70
Ask: 153.60
Change: -1.00 (-0.65%)
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Open: 152.80
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Low: 151.40
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Sunday shares tips: Serica Energy, Greene King, CMC Markets

Sun, 06th Jan 2019 14:41

(Sharecast News) - In this Sunday's round-up of newspaper share tips, there was Serica Energy in the Sunday Times, Greene King in the Mail on Sunday and CMC Markets in the Sunday Telegraph.Serica Energy, the AIM-listed oil and gas producer, was tipped as a 'buy' in the Sunday Times' Inside the City column. In late November, a year after first agreeing the deal, the company tied up a tricky deal to buy stakes in the Bruce, Keith and Rhum fields in the UK North Sea from BP, Total and BHP. Instantly becoming one of the largest mid-tier exploration and production companies in the region in a deal that constituted a reverse takeover under AIM rules, Serica acquired operating rights on the three fields, with a 98% interest in Bruce, a 100% interest in Keith and a 50% interest in Rhum.Bringing these fields into the group means Serica is producing around 26,000 barrels per day, more than FTSE 250-listed Cairn Energy. The North Sea portfolio is over 85% weighted towards natural gas. Annual profits are forecast to jump from a predicted $9m in 2018 to $175m for 2019, according to broker Peel Hunt, as revenues rise from $41m to close to $400m.Elsewhere in the portfolio there are exploration and development interests in the Rowallan, Columbus, Skerryvore and Ruval fields of the North Sea, plus an existing 18% non-operated interest in the Erskine field. Drilling has begun at Rowallan, while the 50% operated interest in the Columbus field is scheduled to start development in 2019 and expected to begin producing from 2021.Shares in Greene King were tipped as a tasty investment tipple by Midas in the Mail on Sunday, saying buying now gave access to an "undervalued" stock paying a 6% dividend.As well as brewing the likes of Abbot Ale and Greene King IPA, the company is the UK's largest managed pubs operator, with its chains including English Inns, Loch Fyne eateries, family pubs under the Hungry Horse and Wacky Warehouse brands, and the Spirit portfolio of pubs under the Chef & Brewer and Taylor Walker brands.First-half results in early December showed a 2.7% increase in like-for-like sales in the pub company, which was well ahead of rivals such as Marston's and EI. Progress was also made on boss Rooney Anand's priorities of improving underlying sales growth and efficiency and refinancing the debt taken on from the Spirit acquisition in 2015.Anand steps from behind the bar in April, with analysts at Liberum suggesting that the announcement of a successor could be a "positive catalyst" for sentiment towards the stock that will draw the line under a period of acquisitions.Questor in the Sunday Telegraph said CMC Markets "could be a doubled in a year or two". With spread-betting firms tending to do well when markets are volatile, CMC's shares "look cheap".
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued Thursday and not separately reported by Alliance News:

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22 Jun 2023 15:44

UK dividends calendar - next 7 days

Friday 23 June 
abrdn Asia Focus PLCdividend payment date
BP PLCdividend payment date
Centamin PLCdividend payment date
Cerillion PLCdividend payment date
Empiric Student Property PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
HSBC Holdings PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Keller Group PLCdividend payment date
LMS Capital PLCdividend payment date
Numis Corp PLCdividend payment date
Origin Enterprises PLCdividend payment date
Sage Group PLCdividend payment date
Spire Healthcare Group PLCdividend payment date
Tesco PLCdividend payment date
TI Fluid Systems PLCdividend payment date
Tritax EuroBox PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Monday 26 June 
Alfa Financial Software Holdings PLCdividend payment date
Shell PLCdividend payment date
Tuesday 27 June 
BlackRock Smaller Companies Trust PLCdividend payment date
Henderson European Focus Trust PLCdividend payment date
Wednesday 28 June 
no events scheduled 
Thursday 29 June 
abrdn Smaller Companies Income Trust PLCex-dividend payment date
Burberry Group PLCex-dividend payment date
Caledonia Investments PLCex-dividend payment date
Cardiff Property PLCdividend payment date
F&C Investment Trust PLCex-dividend payment date
JPMorgan European Discovery Trust PLCex-dividend payment date
JPMorgan Multi-Asset Growth & Income PLCex-dividend payment date
Learning Technologies Group PLCex-dividend payment date
Liontrust Asset Management PLCex-dividend payment date
Lowland Investment Co PLCex-dividend payment date
Norcros PLCex-dividend payment date
Premier Foods PLCex-dividend payment date
Serica Energy PLCex-dividend payment date
TR Property Investment Trust PLCex-dividend payment date
Treatt PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Urban Logistics REIT PLCex-dividend payment date
Vertu Motors PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Jun 2023 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 June 
Cadogan Petroleum PLCAGM
Mears Group PLCAGM
Non-Standard Finance PLCAGM
Ocean Harvest Technology Group PLCAGM
Oxford Biomedica PLCAGM
Pelatro PLCAGM
Petrofac LtdAGM
Princess Private Equity Holding LtdAGM
Rathbones Group PLCGM re agreement regarding all-share combination with Invested Wealth & Investment Ltd
Supply@Me Capital PLCGM re open offer warrantholders
Vietnam Enterprise Investments LtdAGM
VPC Specialty Lending Investments PLCAGM
Monday 26 June 
Aterian PLCAGM
Capricorn Energy PLCAGM
Corre Energy BVAGM
Facilities by ADF PLCAGM
Lexington Gold LtdSGM re proposed acquisition of White Rivers Exploration Ltd
LifeSafe Holdings PLCAGM
Premier African Minerals LtdAGM
Vast Resources PLCGM re issuing new share capital
Volvere PLCAGM
Tuesday 27 June 
Acuity RM Group PLCAGM
Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
Forward Partners Group PLCAGM
Galantas Gold CorpAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
Hamak Gold LtdAGM
ICG Enterprise Trust PLCAGM
Impellam Group PLCAGM
India Capital Growth Fund LtdAGM
Inspiration Healthcare Group PLCAGM
Instem PLCAGM
JD Sports Fashion PLCAGM
Kingfisher PLCAGM
Mercantile Ports & Logistics LtdGM re equity fundraising
Mobile Tornado Group PLCAGM
Revolution Beauty Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serabi Gold PLCAGM
Sondrel Holdings PLCAGM
Surface Transforms PLCAGM
Surgical Innovations Group PLCAGM
Trinity Exploration & Production PLCAGM
Wednesday 28 June 
Atalaya Mining PLCAGM
Avacta Group PLCAGM
Boku IncAGM
Cambridge Cognition Holdings PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Cobra Resources PLCAGM
Cora Gold LtdAGM
Dial Square Investments PLCAGM
Itaconix PLCAGM
NB Distressed Debt Investment Fund LtdAGM
Panthera Resources PLCGM re directors’ authority to allot shares
Phoenix Spree Deutschland LtdAGM
Pineapple Power Corp PLCAGM
Polarean Imaging PLCAGM
RA International Group PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shield Therapeutics PLCAGM
St Mark Homes PLCAGM
Star Phoenix Group LtdAGM
ValiRx PLCAGM
Velocys PLCAGM
Vertu Motors PLCAGM
Warpaint London PLCAGM
Westminster Group PLCAGM
Zenova Group PLCAGM
Thursday 29 June 
3i Group PLCAGM
Africa Opportunity Fund LtdAGM
Anemoi International LtdAGM
Anpario PLCAGM
Ariana Resources PLCAGM
Beowulf Mining PLCAGM
Celadon Pharmaceuticals PLCAGM
Cornish Metals IncAGM
East Imperial PLCAGM
East Star Resources PLCAGM
Eden Research PLCAGM
Engage XR Holdings PLCAGM
First Class Metals PLCAGM
Gresham House Energy Storage Fund PLCGM re remuneration policy
Gusbourne PLCAGM
HeiQ PLCAGM
Helios Underwriting PLCAGM
Ingenta PLCAGM
IQE PLCAGM
Kooth PLCAGM
Landore Resources LtdAGM
Let's Explore Group PLCAGM
Likewise Group PLCAGM
MGC Pharmaceuticals LtdGM re issue of convertible notes
Morgan Advanced Materials PLCAGM
NetScientific PLCAGM
New Century AIM VCT 2AGM
Norman Broadbent PLCAGM
Reabold Resources PLCAGM
Rockhopper Exploration PLCAGM
Roquefort Therapeutics PLCAGM
Serica Energy PLCAGM
SpaceandPeople PLCAGM
Symphony Environmental Technologies PLCAGM
Synairgen PLCAGM
Thalassa Holdings LtdAGM
tinyBuild IncAGM
Touchstone Exploration IncAGM
Trident Royalties PLCAGM
Unigel Group PLCAGM
Verici Dx PLCAGM
Xpediator PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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20 Apr 2023 09:47

LONDON BROKER RATINGS: Jefferies raises Direct Line; BoA cuts boohoo

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

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14 Apr 2023 16:33

IN BRIEF: Serica Energy Non-Exec Soeting buys GBP100,000 in shares

Serica Energy PLC - London-based oil & gas company focused on the UK North Sea - Independent Non-Executive Director Michiel Soeting buys 42,300 shares at 236.20 pence each, worth GBP99,913, in London on Friday. These are the only shares Soeting holds, a 0.01% stake.

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13 Apr 2023 10:49

Serica chairman and North Sea pioneer Craven Walker steps down

LONDON, April 13 (Reuters) - Serica Energy Chairman Tony Craven Walker, a pioneer of British North Sea oil, will step down in June after leading the oil and gas producer for 18 years, he announced on Thursday.

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13 Apr 2023 10:37

IN BRIEF: Serica Energy lifts annual dividend as profit jumps

Serica Energy PLC - London-based oil & gas company focused on the UK North Sea - Pretax profit amounts to GBP488.2 million for 2022, up significantly from GBP135.1 million in 2021. Operating profit stands at GBP476.2 million, up 93% from GBP246.1 million. Says it was boosted by increased production volumes and higher commodity prices. Average net production amounts to 26,200 barrels of oil equivalent per day compared to 22,200 boe per day for 2021, representing an increase of 18%. Average sales price is about USD104 per boe, up from USD77 per boe a year earlier.

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13 Apr 2023 10:06

Serica hikes dividend after surge in profits

(Sharecast News) - Upstream oil and gas company Serica Energy reported a 93% increase in operating profit and a 124% increase in profit after tax in its 2022 results on Thursday.

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5 Apr 2023 13:28

Serica Energy upbeat on latest reserve estimates

(Sharecast News) - Serica Energy announced the results of independent estimates of oil and gas reserves for both the Serica and Tailwind groups of companies on Wednesday, as at 31 December.

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5 Apr 2023 11:54

Serica Energy tips oil reserve rise after infill wells sanctioned

(Alliance News) - Serica Energy PLC on Wednesday reported higher said it estimated higher oil reserves following the sanction of four infill wells in the Triton area fields.

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23 Mar 2023 10:38

Serica Energy completes acquisition of Tailwind Energy Investments

(Alliance News) - Serica Energy PLC on Thursday said it has completed the acquisition of Tailwind Energy Investments Ltd from Tailwind Energy Holdings LLP.

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21 Mar 2023 09:33

Serica notes conditions to buy Tailwind Energy have been satisfied

(Alliance News) - Serica Energy PLC on Tuesday said that the conditions for the acquisition of Tailwind Energy Investments Ltd from Tailwind Energy Holdings LLP have been satisfied.

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20 Feb 2023 09:03

Serica Energy announces start of production at Gannet well

(Sharecast News) - Serica Energy announced on Monday that production had started at the Gannet GE-04 well via the Triton floating production, storage and offloading (FPSO) vessel, following its final commissioning.

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20 Feb 2023 08:53

Serica Energy "delighted" by initial production rates at Tailwind well

(Alliance News) - Serica Energy PLC on Monday said Tailwind Energy Investments Ltd reported strong first production at the Gannet GE-04 well.

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20 Feb 2023 07:53

LONDON BRIEFING: Darktrace calls in E&Y; Bank of Cyprus payout near

(Alliance News) - Stocks in London were set to open higher on Monday, following a decent handover from Asia, as equities look to reverse some of Friday's weakness that was prompted by US rate hike fears.

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