Serica Energy Stock News

Serica Energy PLC (AIM:SQZ) has lowered its 2026 production guidance after delaying the restart of the Triton floating production vessel to around the end of November, although both Peel Hunt and Stifel retained 'buy' recommendations on the North Sea producer. Serica now expects full-year production to average just below 40,000 barrels of oil equivalent per day, compared with previous guidance ...

Serica Energy PLC (AIM:SQZ), the North Sea oil and gas producer, maintained its annual cash flow guidance despite an extended maintenance shutdown at the Triton floating production vessel, which has delayed the resumption of output until around the end of November. Production averaged 37,100 barrels of oil equivalent a day (boepd) in the first nine months of 2026, up 44% from 25,700 boepd a yea...

Britain's Serica Energy flagged a further delay to the restart of its Triton ​production vessel on Monday, prompting the oil ‌and gas firm to lower its annual production forecast.

Serica Energy PLC (AIM:SQZ) drew renewed backing from Jefferies, which reinstated coverage on Tuesday as production growth prospects outweighed cuts to output and cash flow forecasts. In Wednesday trading, the shares stood at 275.21p, up 4%, while the broker reinstated coverage with a 'buy' rating and a 320p price target.

Serica Energy PLC (AIM:SQZ) has ruled out raising its 32.6683p-a-share offer for Pharos Energy (LSE:PHAR), holding its ground after rival bidder Ratio Petroleum Energy LP increased its proposal. Serica's offer comprises 28.6683p in cash plus a 4.0p special dividend.