Can Seplat Energy share price hit N3,500? 

Seplat Energy Plc, a key player in Nigeria’s oil and gas sector, stands at the precipice of a significant milestone of achieving a share price of N3,500. 

The company has experienced an early uptrend in its share price this year. As of the close of trading on Friday, January 26, 2024, Seplat’s stock closed at N3,074.60, marking a 33.10% year-to-date gain.  

This performance ranks it as the 37th top performer on the NGX in terms of share price performance and the sixth most valuable stock on the NGX, with a market capitalization of N1.81 trillion, which is about 3.24% of the Nigerian Stock Exchange equity market.