The call highlighted significant operational achievements and future strategic plans, including successful cost management and production optimization at BKR. However, challenges with regulatory uncertainties and operational inefficiencies at Triton and Bruce were noted. Despite these challenges, the company's financial position remains strong, with a positive outlook for 2026.

Company Guidance

During the recent call, Serica Energy plc provided guidance on various operational and financial metrics. The company experienced a challenging first half of 2025, marked by unscheduled downtime at Triton, which impacted production. Despite these setbacks, Serica remains optimistic about a stronger second half of the year and anticipates being highly cash generative by 2026. The company reported a production rate at the BKR hub of nearly 22,000 barrels of oil equivalent per day in July. Efforts are underway to increase daily production run rates above 50,000 barrels per day. Serica is also focusing on value-accretive M&A opportunities and the potential development of new fields like Kyle. Financially, Serica announced a pre-tax profit despite reduced revenues, with net debt decreasing from $83 million to $57 million. The company maintained strong liquidity of $433 million at the period's end. Looking ahead, Serica plans to invest approximately $0.25 billion before tax this year, with a focus on the Belinda production project. The interim dividend announced remains consistent with the 2024 final dividend, signaling confidence in the company's cash generation potential.

Production Optimization Success at BKR

Production optimization efforts at BKR have pushed production from the hub net to Serica to nearly 22,000 barrels of oil equivalent per day in July, showing improvement in daily production run rate.

Successful Triton Drilling Program

The Triton drilling program was completed 25 days ahead of schedule and $31 million under budget, showcasing effective cost management and operational efficiency.

Strong Financial Liquidity and Dividend Declaration

Despite challenges, Serica maintained strong liquidity of $433 million and declared a sustainable interim dividend of 6p, indicating confidence in future cash generation.

Positive Production Outlook for 2026

The company anticipates a strong free cash flow in 2026, with potential new projects in the pipeline that promise to enhance production capacity and shareholder value.

Serica Energy (GB:SQZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:SQZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2025 (Q4)	- / -	0.02	―	―	―
Aug 05, 2025	2025 (Q2)	-0.07 / -0.07	0.154	-147.62% (-0.23)	―	―
Apr 01, 2025	2024 (Q4)	- / 0.02	-0.185	110.81% (+0.20)	―	―
Sep 10, 2024	2024 (Q2)	- / 0.15	0.465	-66.82% (-0.31)	―	―
Apr 24, 2024	2023 (Q4)	- / -0.18	0.224	-182.59% (-0.41)	―	―
Sep 19, 2023	2023 (Q2)	- / 0.47	0.325	43.21% (+0.14)	―	―
Apr 13, 2023	2022 (Q4)	- / 0.22	0.29	-22.76% (-0.07)	―	―
Sep 27, 2022	2022 (Q2)	- / 0.32	0.01	3057.14% (+0.31)	―	―
Apr 21, 2022	2021 (Q4)	- / 0.29	-0.017	1805.88% (+0.31)	―	―
Sep 28, 2021	2021 (Q2)	- / 0.01	0.047	-78.13% (-0.04)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:SQZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	157.20p	166.00p	+5.60%
Apr 01, 2025	126.16p	136.71p	+8.36%
Sep 10, 2024	103.34p	101.31p	-1.96%
Apr 24, 2024	155.28p	156.00p	+0.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Serica Energy PLC (GB:SQZ) report earnings?

Serica Energy PLC (GB:SQZ) is schdueled to report earning on Apr 23, 2026, TBA (Confirmed).

What is Serica Energy PLC (GB:SQZ) earnings time?

Serica Energy PLC (GB:SQZ) earnings time is at Apr 23, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Serica Energy PLC stock?

The P/E ratio of Serica Energy is N/A.

What is GB:SQZ EPS forecast?

Currently, no data Available

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