Serica Energy: An Interesting High-Yield Oil And Gas Producer

  • Serica Energy offers strong income potential with a 12% forward dividend yield, a solid balance sheet, and promising production growth from new projects. Despite the recent price surge, the stock remains undervalued relative to sector peers but carries higher risk due to its small-cap status. Dividend sustainability is questionable given the high payout ratio, but even a significant cut would leave an attractive yield for income investors.