Serica Energy (SQZ)

Sector:

Energy Producers

Index:

FTSE AIM 50

117.00p
   
  • Change Today:
      2.80p
  • 52 Week High: 143.40
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 267.43m
  • Volume: 255,895
  • Market Cap: £312.90m
  • RiskGrade: 415

Serica Energy warns of production delays in North Sea

By Iain Gilbert

Date: Thursday 11 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Serica Energy warned investors on Thursday that it had taken longer than expected to restart production at its Erskine operations in the UK Central North Sea due to the formation of gas hydrates in the Lomond production line.
The AIM-listed energy outfit said the ice-like crystals of water and gas had formed in the Lomond production line, upstream of a new 26km section completed in late September.

Serica stated standard methods were being used by Lomond's operator to dissolve the hydrates, using methanol and slowly depressurising the line, dissipating the hydrates in the process.

The group said the process was not expected to result in "a significant delay or in any long-term impact".

As of 0915 BST, Serica shares had slipped 2.30% to 106p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Serica Energy Market Data

Currency UK Pounds
Share Price 117.00p
Change Today 2.80p
% Change 2.45 %
52 Week High 143.40
52 Week Low 61.50
Volume 255,895
Shares Issued 267.43m
Market Cap £312.90m
RiskGrade 415

Serica Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.64% above the market average61.64% above the market average61.64% above the market average61.64% above the market average61.64% above the market average
8.70% above the sector average8.70% above the sector average8.70% above the sector average8.70% above the sector average8.70% above the sector average
Price Trend
53.49% above the market average53.49% above the market average53.49% above the market average53.49% above the market average53.49% above the market average
96.00% above the sector average96.00% above the sector average96.00% above the sector average96.00% above the sector average96.00% above the sector average
Income
95.54% above the market average95.54% above the market average95.54% above the market average95.54% above the market average95.54% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Serica Energy Dividends

  Latest Previous
  Final Final
Ex-Div 25-Jun-20 n/a
Paid 24-Jul-20 n/a
Amount 3.00p 0.000¢

Trades for 22-May-2020

Time Volume / Share Price
16:40 15,000 @ 115.00p
16:35 35,798 @ 117.00p
16:29 650 @ 115.00p
16:27 12,536 @ 115.00p
16:26 283 @ 114.30p

Serica Energy Key Personnel

CEO Mitchell Robert Flegg

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