10th Sep 2020 17:37
Serica Energy PLC - North Sea oil & gas producer - Revenue in six months to June 30 plunges 69% to GBP46.0 million from GBP146.4 million. Pretax profit down 61% to GBP20.4 million from GBP51.9 million. "During the first half of 2020 Serica has faced challenges from Covid-19 disruption, steep falls in both oil and gas prices and a 45-day shut-in of its BKR production to secure a damaged caisson on the Bruce platform," Serica said.
Current stock price: 105.40 pence
Year-to-date change: down 18%
By Eric Cunha; [email protected]
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