Serica Energy PLC (SQZ.AQ)
| Previous close | 162.76 |
| Open | 164.37 |
| Bid | 155.00 x N/A |
| Ask | 171.00 x N/A |
| Day's range | 162.88 - 164.87 |
| 52-week range | 162.88 - 420.59 |
| Volume | |
| Avg. volume | 225 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
The TelegraphWork on North Sea’s ‘best remaining oil field’ delayed amid fears of Labour tax raid
Development of the “best remaining oil field in UK waters” has been delayed because of Labour’s threats to impose new levies and strip the industry of key tax breaks.
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- Reuters
Analysis-North Sea energy firms look beyond UK after tax squeeze
North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election. Oil majors such as Shell, Chevron and Exxon Mobil have long since pulled back from the ageing basin in pursuit of more profitable oilfields, divesting assets to smaller producers such as Harbour Energy, Ithaca Energy and Serica Energy. These independent oil and gas producers are now looking further afield and merging to cut costs and boost revenue.
