Serica Energy (SER) AI Stock Analysis

Serica Energy

(LSE:SER)

Select Model

Rating:67Neutral

Price Target:GBX 292.00▲(12.48% Upside)

Action:reiterated

Date:08/17/26

The score is driven primarily by solid underlying financial strength—especially strong cash generation—and a positive earnings-call outlook with reiterated production and cash-flow guidance plus improved liquidity. This is tempered by recent earnings volatility (loss-making TTM and negative P/E) and only moderate, not strong, technical momentum.

Positive Factors

Strong cash generationRobust operating and free cash flow shows that Serica’s producing asset base can convert revenues into meaningful funding for investment, debt management and shareholder distributions. This cash-generation capacity strengthens resilience and supports growth over the coming quarters.

Negative Factors

Hedging reduces realized pricesHedging losses reduce the cash benefit of stronger underlying oil and gas prices and can create material volatility in reported results. If such losses persist, they may constrain earnings conversion and obscure the performance of the producing asset base.

Serica Energy (SER) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 1.01B
Dividend Yield: 6.16%
Average Volume (3M): 1.39M
Price to Earnings (P/E): -953.4
Beta (1Y): 0.60
Revenue Growth: 64.39%
EPS Growth: 97.39%
Country: UK
Employees: 242
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Exploration & Production

Serica Energy Business Overview & Revenue Model

Company Description

Serica Energy plc operates as an upstream oil and gas enterprise, dedicated to the discovery, procurement, appraisal, and production of hydrocarbon reserves. The company boasts full ownership of the Keith oil fields, a 98% stake in the Bruce gas fiel...

How the Company Makes Money

Serica Energy makes money by producing and selling hydrocarbons from its upstream assets. Its primary revenue stream is the sale of natural gas and crude oil/condensate produced from fields in which it has working interests (including operated assets...

Serica Energy Financial Statement Overview

Summary

Cash flow is the standout (strong TTM operating cash flow and solid positive free cash flow), and the balance sheet looks moderately positioned with manageable leverage. Offsetting this, profitability has weakened (TTM net income slightly negative) and earnings have been volatile versus the strong 2022–2024 period.

Income Statement

56Neutral

Balance Sheet

62Positive

Cash Flow

71Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.46B	614.05M	727.18M	632.64M	813.99M	514.14M
Gross Profit	377.98M	57.13M	223.20M	303.49M	595.42M	386.82M
EBITDA	605.76M	200.34M	380.03M	385.74M	658.41M	172.68M
Net Income	-3.99M	-52.91M	92.43M	81.50M	177.80M	79.29M
Balance Sheet
Total Assets	1.95B	2.17B	1.46B	1.25B	862.38M	686.67M
Cash, Cash Equivalents and Short-Term Investments	324.45M	30.91M	118.58M	208.22M	414.43M	80.08M
Total Debt	295.21M	227.29M	224.32M	168.59M	213.00K	0
Total Liabilities	1.33B	1.50B	668.29M	587.12M	453.66M	414.14M
Stockholders Equity	621.88M	669.82M	796.46M	660.12M	408.72M	272.53M
Cash Flow
Free Cash Flow	209.69M	-21.20M	21.39M	24.12M	463.94M	105.44M
Operating Cash Flow	486.46M	226.46M	281.56M	92.71M	561.22M	157.60M
Investing Cash Flow	-183.31M	-263.94M	-253.91M	-86.07M	-186.83M	-134.35M
Financing Cash Flow	-67.12M	-98.46M	-213.28M	-122.16M	-45.72M	-9.25M

Serica Energy Technical Analysis

Technical Analysis SentimentNeutral

Last Price259.60

Price Trends

50DMA261.65Negative

100DMA245.48Positive

200DMA241.12Positive

Market Momentum

MACD2.01Positive

RSI47.23Neutral

STOCH27.27Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SER, the sentiment is Neutral. The current price of 259.60 is below the 20-day moving average (MA) of 264.23, below the 50-day MA of 261.65, and above the 200-day MA of 241.12, indicating a neutral trend. The MACD of 2.01 indicates Positive momentum. The RSI at 47.23 is Neutral, neither overbought nor oversold. The STOCH value of 27.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:SER.

Serica Energy Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

GB:SER against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:DEC	72Outperform	GBP 762.79M	1.68	64.44%	7.78%	―	―
GB:SER	67Neutral	GBP 1.02B	-953.44	-0.62%	6.16%	64.39%	97.39%
GB:GKP	67Neutral	GBP 456.84M	17.66	7.38%	3.66%	5.77%	100.39%
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GB:ENQ	64Neutral	GBP 593.68M	5.89	27.37%	2.51%	3.33%	―
GB:GENL	58Neutral	GBP 162.17M	-8.11	-7.79%	―	-38.72%	52.39%
GB:RKH	47Neutral	GBP 668.89M	88.21	2.28%	―	―	―

* Energy Sector Average

Performance Comparison

GB:SER and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:SER	Serica Energy	259.60	54.42	26.52%
GB:GENL	Genel Energy	58.90	-6.60	-10.08%
GB:DEC	Diversified Energy Company plc	1086.00	198.31	22.34%
GB:ENQ	Enquest plc	31.90	20.38	176.79%
GB:RKH	Rockhopper Exploration	62.60	-17.91	-22.25%
GB:GKP	Gulf Keystone Petroleum	210.00	35.82	20.57%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026

Serica Energy AI Stock Analysis