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Mirror, mirror, mirror on the wall, tell investors Seplats’ profit surged 500%

Seplat Development Corporation Company (“Seplat”) problem isn’t cash but how to spend it, as the company has a strong free cash flow, thanks to diligent management of liquidity. Investors pay more attention to the cash flow position of upstream stream oil and gas firms because without a solid liquidity position, a firm will find it…

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