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Solstad Offshore ASA

SOFF.OL

Latest Trade

0.68NOK

Change

-0.02(-2.72%)

Volume

809,177

Today's Range

0.66

 - 

0.71

52 Week Range

0.65

 - 

5.32

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
0.70
Open
0.70
Volume
809,177
3M AVG Volume
15.06
Today's High
0.71
Today's Low
0.66
52 Week High
5.32
52 Week Low
0.65
Shares Out (MIL)
309.39
Market Cap (MIL)
203.78
Forward P/E
-0.59
Dividend (Yield %)
--

Next Event

Q3 2019 Solstad Offshore ASA Earnings Release

Latest Developments

More

Solstad Offshore Gets AHTS Contracts From Total E&P South Africa

Solstad Offshore Extends Contracts For Two Vessels In Brazil

Solstad Offshore Gets Contract Extension From Prysmian Powerlink

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About Solstad Offshore ASA

Solstad Offshore ASA, formerly Solstad Farstad ASA, is a Norway-based shipping company active in the oil and gas industry. It is mainly involved in petroleum service activities offshore. It is organized into three business segments: Anchor-Handling Vessels (AHTS), Supply Vessels (PSV) and Construction Service Vessels (CSV). The Company’s fleet consists of around 50 vessels. The Company operates through its head office and a network of branch offices located in Aberdeen, Singapore, Rio de Janeiro, Perth and Manila. The Company’s vessels operate in such areas, as the North Sea, South America, Asia, North and Central America, the Mediterranean and other parts of Europe, and West Africa. Its subsidiaries include Solstad Offshore (UK) LTD, Solstad Offshore Service Vessel (UK) LTD, Solstad Management AS, Normand Skarven AS and Solstad Offshore Asia Pacific Ltd, among others.

Industry

Oil Well Services & Equipment

Contact Info

Nesavegen 39, Postboks 13

+47.52.856500

https://www.solstadfarstad.com/

Executive Leadership

Harald Espedal

Chairman of the Board

Anders Hall Jomaas

Chief Financial Officer

Eivind Kvilhaug

Financial Director

Tor Inge Dale

Operation Director

Lars Peder Solstad

Managing Director

Key Stats

3.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, NOK)

2016

2.6K

2017

3.8K

2018

4.8K

2019(E)

6.9K
EPS (NOK)

2016

24.010

2017

-5.820

2018

-6.100

2019(E)

-1.175
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.04
Price To Book (MRQ)
--
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
--
LT Debt To Equity (MRQ)
--
Return on Investment (TTM)
-43.39
Return on Equity (TTM)
-16.34

Latest News

Latest News

UPDATE 1-Oil service company Solstad seeks creditor talks, shares fall

Oil service company Solstad Offshore is seeking negotiations with creditors and other stakeholders to boost liquidity ahead of the slow winter season, the company said on Monday, sending its shares down around 20 percent.

Renewable and fish farming to support oil services firm Solstad Farstad

Newly created oil services firm Solstad Farstad expects demand for its vessels to rise, with offshore wind turbine installations and well boats transporting farmed fish playing a bigger role.

BRIEF-Solstad Offshore ASA reported Q2 cash flow from operations of NOK 202 mln

* Solstad Offshore ASA says cash flow from operations (EBITDA1) for 2nd quarter was NOK 202 million Source text for Eikon: Further company coverage:

Norwegian firms to create offshore oil industry supply vessels giant

The pace of consolidation in the crisis-hit shipping industry accelerated on Monday after three of Norway's biggest offshore oil industry service vessel (OSV) operators announced plans to merge to create one of the biggest fleets in the sector.

BRIEF-Solstad, Farstad, Deep Sea merger looks like good business case -minister

Norway's Oil and Energy Minister Terje Soeviknes told Reuters on the sidelines of an industry conference in Stavanger on Monday:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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