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LON:SQZ

Serica Energy Plc

OPPORTUNISTIC BUY 2026-08-01 Updated today 235.20p Energy - Oil & Gas Exploration & ProductionAWAIT ENTRY
59

Position levels

Currenttoday
235.20p
Buy <=wait / entry
180.00p
Trim >=take some off
260.00p
Thesis breakA formal SEC or RNS filing disclosing that 2P reserves have fallen below a level...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Completion of $750 million Reserves Based Lending facilities (six-year senior secured)
  • Completion of acquisition from ONE-Dyas of 10% interest in Catcher Field and 5.21% in Golden Eagle Area Development
  • Capital Markets Day outlining enlarged UKCS portfolio and organic investment opportunities for production growth
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.