StocksMedium•29 October 2026•
1 min read
Seplat Energy 9M Pre-tax Profit Jumps 52.75% to N1.34 Trillion
Key Facts
1Seplat Energy reported a 52.75% increase in nine-month pre-tax profit to N1.34 trillion.
2Revenue grew 12.51% to N3.78 trillion driven by higher production volumes and stronger crude oil prices.
3The company's board declared a third-quarter dividend of $0.19 per share.
Seplat Energy reported a 52.75% increase in nine-month pre-tax profit to N1.34 trillion for 2026. Nairametrics reported that the company's revenue grew 12.51% to N3.78 trillion during the period, while the board declared a third-quarter dividend of $0.19 per share.
The company attributed the revenue growth to higher production volumes and a stronger crude oil pricing environment. Following these results, the firm maintained its growth trajectory in after-tax profits, supported by the continued expansion of its energy production activities.