Serica has numerous analysts writing research notes on both the Company's equity and credit.

Equity research analysts

The following analysts provide independent research coverage of Serica Energy. For regulatory reasons they may not be able to discuss the Company with private investors.

Cian Evans-Cowie

Bank of America

James Carmichael

Berenberg

Phil Hallam

Canaccord Genuity

Mark Wilson

Jefferies

Ashley Kelty

PanmureLiberum

Werner Riding

Peel Hunt

Teodor Sveen-Nilssen

SB1

James Hosie

Shore Capital

Chris Wheaton

Stifel

Credit research analysts

The following analysts provide independent research coverage regarding Serica Energy’s bond.

Shawn Courcelles

DNB

Peder Loholt Kristiansen

Pareto Securities

Auctus notes

Serica Energy engages Auctus Advisors on a fixed annual fee to provide investment research on our Company.

This research is created to educate and inform investors about Serica Energy and should be read alongside your own research and analysis.

The research has not been prepared in accordance with regulatory requirements designed to promote the independence of investment research. Auctus Advisors does not make recommendations.

Title and date Document

24 Apr 2026

Potential bond issue to increase liquidity

Download document: Potential bond issue to increase liquidity

26 Mar 2026

Increasing materiality with exposure to UK gas

Download document: Increasing materiality with exposure to UK gas

21 Jan 2026

Over US$300 mm FCF in 2026. Potential to reach 65 mboe/d during 2H26

Download document: Over US$300 mm FCF in 2026. Potential to reach 65 mboe/d during 2H26
Title and date Document

16 Dec 2025

Another accretive gas acquisition

Download document: Another accretive gas acquisition

27 Nov 2025

UK budget neutral for Serica

Download document: UK budget neutral for Serica

04 Nov 2025

Farm-in transaction boosts upside at Triton

Download document: Farm-in transaction boosts upside at Triton

13 Oct 2025

Major potential acquisition

Download document: Major potential acquisition

08 Oct 2025

Another operational setback at Triton; value and distribution profile intact

Download document: Another operational setback at Triton; value and distribution profile intact

30 Sept 2025

Depth, breadth, and a cash windfall

Download document: Depth, breadth, and a cash windfall

10 Sept 2025

Temporary blip at Triton

Download document: Temporary blip at Triton

22 Aug 2025

High production at Triton. More to come

Download document: High production at Triton. More to come

05 Aug 2025

Robust 1H25 cashflow ahead of production boost in 2H25. Dividend in line

Download document: Robust 1H25 cashflow ahead of production boost in 2H25. Dividend in line

30 Jul 2025

Triton ramp-up to full production delayed but very high production at BKR

Download document: Triton ramp-up to full production delayed but very high production at BKR

30 Jun 2025

Start up at Triton in line with expectations

Download document: Start up at Triton in line with expectations

22 May 2025

Another very good well result. Triton on track, robust production and cashflow expected in 2H25

Download document: Another very good well result. Triton on track, robust production and cashflow expected in 2H25

06 May 2025

Catalysts Ahead

Download document: Catalysts Ahead

18 Feb 2025

Triton shut down until March: frustrating but unlikely to be too impactful

Download document: Triton shut down until March: frustrating but unlikely to be too impactful

21 Jan 2025

25 mboe /d net production at Triton

Download document: 25 mboe /d net production at Triton

21 Jan 2025

40 mboe/d production in 2025. Expect generous shareholders’ distribution in 2025

Download document: 40 mboe/d production in 2025. Expect generous shareholders’ distribution in 2025

07 Jan 2025

Triton back on stream. Compressor vulnerability to be fixed in 1 Q25

Download document: Triton back on stream. Compressor vulnerability to be fixed in 1 Q25
Title and date Document

12 Dec 2024

Bolt-on acquisition provides tax synergies and operational flexibility

Download document: Bolt-on acquisition provides tax synergies and operational flexibility

05 Dec 2024

Compressor at Triton down for 2-4 weeks

Download document: Compressor at Triton down for 2-4 weeks

26 Nov 2024

Compressor at Triton back on line

Download document: Compressor at Triton back on line

31 Oct 2024

UK budget better than feared

Download document: UK budget better than feared

29 Oct 2024

Operational glitch creates an opportunity

Download document: Operational glitch creates an opportunity

02 Oct 2024

Very high flow rate at new Bittern well

Download document: Very high flow rate at new Bittern well

10 Sept 2024

Cumulative free cash flow near market cap by YE27 if UK tax regime constrains investments

Download document: Cumulative free cash flow near market cap by YE27 if UK tax regime constrains investments

31 Jul 2024

Reflections on the UK fiscal regime changes

Download document: Reflections on the UK fiscal regime changes

27 Jun 2024

Operations on track. High net cash.

Download document: Operations on track. High net cash.

26 Jun 2024

Initiating Coverage: Serica Energy Plc

Download document: Initiating Coverage: Serica Energy Plc
Title and date Document

Title and date Document

24 Apr 2026

Potential bond issue to increase liquidity

Download document: Potential bond issue to increase liquidity

26 Mar 2026

Increasing materiality with exposure to UK gas

Download document: Increasing materiality with exposure to UK gas

21 Jan 2026

Over US$300 mm FCF in 2026. Potential to reach 65 mboe/d during 2H26

Download document: Over US$300 mm FCF in 2026. Potential to reach 65 mboe/d during 2H26

Title and date Document

16 Dec 2025

Another accretive gas acquisition

Download document: Another accretive gas acquisition

27 Nov 2025

UK budget neutral for Serica

Download document: UK budget neutral for Serica

04 Nov 2025

Farm-in transaction boosts upside at Triton

Download document: Farm-in transaction boosts upside at Triton

13 Oct 2025

Major potential acquisition

Download document: Major potential acquisition

08 Oct 2025

Another operational setback at Triton; value and distribution profile intact

Download document: Another operational setback at Triton; value and distribution profile intact

30 Sept 2025

Depth, breadth, and a cash windfall

Download document: Depth, breadth, and a cash windfall

10 Sept 2025

Temporary blip at Triton

Download document: Temporary blip at Triton

22 Aug 2025

High production at Triton. More to come

Download document: High production at Triton. More to come

05 Aug 2025

Robust 1H25 cashflow ahead of production boost in 2H25. Dividend in line

Download document: Robust 1H25 cashflow ahead of production boost in 2H25. Dividend in line

30 Jul 2025

Triton ramp-up to full production delayed but very high production at BKR

Download document: Triton ramp-up to full production delayed but very high production at BKR

30 Jun 2025

Start up at Triton in line with expectations

Download document: Start up at Triton in line with expectations

22 May 2025

Another very good well result. Triton on track, robust production and cashflow expected in 2H25

Download document: Another very good well result. Triton on track, robust production and cashflow expected in 2H25

06 May 2025

Catalysts Ahead

Download document: Catalysts Ahead

18 Feb 2025

Triton shut down until March: frustrating but unlikely to be too impactful

Download document: Triton shut down until March: frustrating but unlikely to be too impactful

21 Jan 2025

25 mboe /d net production at Triton

Download document: 25 mboe /d net production at Triton

21 Jan 2025

40 mboe/d production in 2025. Expect generous shareholders’ distribution in 2025

Download document: 40 mboe/d production in 2025. Expect generous shareholders’ distribution in 2025

07 Jan 2025

Triton back on stream. Compressor vulnerability to be fixed in 1 Q25

Download document: Triton back on stream. Compressor vulnerability to be fixed in 1 Q25

Title and date Document

12 Dec 2024

Bolt-on acquisition provides tax synergies and operational flexibility

Download document: Bolt-on acquisition provides tax synergies and operational flexibility

05 Dec 2024

Compressor at Triton down for 2-4 weeks

Download document: Compressor at Triton down for 2-4 weeks

26 Nov 2024

Compressor at Triton back on line

Download document: Compressor at Triton back on line

31 Oct 2024

UK budget better than feared

Download document: UK budget better than feared

29 Oct 2024

Operational glitch creates an opportunity

Download document: Operational glitch creates an opportunity

02 Oct 2024

Very high flow rate at new Bittern well

Download document: Very high flow rate at new Bittern well

10 Sept 2024

Cumulative free cash flow near market cap by YE27 if UK tax regime constrains investments

Download document: Cumulative free cash flow near market cap by YE27 if UK tax regime constrains investments

31 Jul 2024

Reflections on the UK fiscal regime changes

Download document: Reflections on the UK fiscal regime changes

27 Jun 2024

Operations on track. High net cash.

Download document: Operations on track. High net cash.

26 Jun 2024

Initiating Coverage: Serica Energy Plc

Download document: Initiating Coverage: Serica Energy Plc