Seplat Energy's London-listed shares dive on weak Q1 results

Seplat Energy

29/04/2024 09:00

** Nigerian energy co Seplat Energy's London-listed shares
 SEPL.L  down 7.8% at 154p; among top losers across London stock
exchange  
    ** Co reports Q1 revenue of $179.8 mln, compared with $331.0
mln in Q1 2023
    ** Q1 Production averaged 49,258 boepd, down 4.8% YOY
    ** Co says cash flow down in Q1, keeps production guidance
for 2024 unchanged 
    ** As of last close, Seplat's London stock up 33.7% YTD

 (Reporting by Judes Joseph in Bengaluru)
 ((judes.joseph@thomsonreuters.com;))