Seplat Energy Stock Climbs as Oil Rally Puts Nigeria Producer’s 2026 Growth Plan in Focus
Seplat Energy’s shares in London ticked up Monday, tracking gains across oil and gas names as Brent crude moved past the $115 mark. The Nigerian oil producer was trading at 484.5 pence, up 0.52%, by early afternoon, according to its investor page. The shift is notable: just last month, Seplat rolled out 2026 production guidance at 135,000 to 155,000 barrels of oil equivalent per day, a metric folding in both oil and gas, after reporting a 148% leap in 2025 output to 131,506. The company also earmarked $360 million to $440 million for capex and plans to drill 17 wells this year. The middle of that range hints at roughly 10% growth.