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    Thursday, May 28
    Analysis

    Seplat Energy Falls by 10% as Investors Exit Positions

    Julius AlagbeBy Updated:No Comments1 Min Read
    Seplat Energy Falls by 10% as Investors Exit Positions
    Roger Brown, MD

    Seplat Energy Falls by 10% as Investors Exit Positions

    In a rare move, Seplat Energy Plc. lost 10% of its market value in the equities market as investors exited positions in the energy company stock. The price depreciation recorded by the market moving energy stock reflected negative sentiment some investors had over the company in the short term ahead of the second quarter of 2025 earnings. 

    Analysts said the negative share price movement reduced Seplat Energy Plc.’s market value by about N325 billion in a single day trading session, though volume was considered tiny.

    According to data obtained from the Nigerian Exchange, the share price of the company plunged sharply as 112,245 shares valued at N557.229 million were traded on the trading platform.

    The company share price declined by N551.60 to close at N4964.4 on Thursday. This reduced the market value of its 588,444,561 shares outstanding to N2.921 trillion on the Nigerian Exchange. This dragged the oil and gas index downward in the local bourse.

    Seplat is now trading at 13.48% discount to its 52-week high on the Nigerian Exchange. Nigerian Exchange Lost N70bn over Selloffs in Tier-1 Banks

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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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