for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Saipem SpA

SPMI.MI

Latest Trade

1.80EUR

Change

-0.02(-1.13%)

Volume

3,277,909

Today's Range

1.79

 - 

1.82

52 Week Range

1.72

 - 

2.72

As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay

Pricing

Previous Close
1.82
Open
1.82
Volume
3,277,909
3M AVG Volume
276.65
Today's High
1.82
Today's Low
1.79
52 Week High
2.72
52 Week Low
1.72
Shares Out (MIL)
993.59
Market Cap (MIL)
1,839.85
Forward P/E
-2.04
Dividend (Yield %)
--

Next Event

Full Year 2021 Saipem SpA Earnings Release

Latest Developments

More

Saipem Wins $750 Mln Contract in Saudi Arabia

Saipem Wins $940 Mln Offshore Contract In Brazil

Saipem Wins New Offshore Contracts For Transportation And Installation Activities For Over $600 Mln

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Saipem SpA

Saipem SpA is an Italy-based company active as contractor in the oil and gas industry in remote areas and deepwater. It supplies engineering, procurement, project management and construction services with the design and the execution of offshore and onshore projects. In addition, the Company also offers technologies for the gas monetization and heavy oil exploitation. It is organized into five business units: Onshore Engineering & Construction, Offshore Engineering & Construction, Onshore Drilling, Offshore Drilling, and XSIGHT. The Engineering & Construction business unit operates both onshore and offshore. The offshore activities include platforms, marine terminals, pipelines and the development of deepwater fields. The onshore activities focus on the laying of pipelines and installation of plant, equipment and the floaters. The Drilling business unit carries out drilling programs in the onshore and offshore environments globally.

Industry

Oil Well Services & Equipment

Contact Info

Via Martiri di Cefalonia, 67

20097

Italy

+39.02.44231

https://www.saipem.com/it

Executive Leadership

Francesco Caio

Non-Executive Chairman of the Board

Stefano Cao

Chief Executive Officer, Executive Director

Antonio Paccioretti

Chief Financial Officer

Mario Colombo

General Counsel, Company Affairs and Governance

Dario Gallinari

Director Human Resources, Organisation and Services.

Key Stats

3.20 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

8.5K

2019

9.1K

2020

7.3K

2021(E)

7.4K
EPS (EUR)

2018

0.030

2019

0.160

2020

-0.270

2021(E)

-0.876
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.26
Price To Book (MRQ)
--
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
--
LT Debt To Equity (MRQ)
--
Return on Investment (TTM)
--
Return on Equity (TTM)
--

Latest News

Latest News

Saipem sees sales uptick in H2 after swinging to first-half loss

Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.

Italy's Saipem wins new contract in Colombia, extensions in Saudi Arabia

Italian oil services group Saipem said on Monday it won a new contract in Colombia and was awarded the extension of two contracts in Saudi Arabia for onshore drilling activities.

Italy's Saipem warns on outlook after Mozambique uncertainty

Italian energy service group Saipem said it was unable to update its outlook for the year due to uncertainty over a project in Mozambique as it missed first-quarter expectations.

Libya's NOC signs contract to establish Oil Center for Maintenance and Services with Italy's Saipem

Libya's National Oil Corporation (NOC) signed on Tuesday a consultancy service contract for oil conservation and services center with the Italian company Saipem, NOC said in a Facebook post.

Italy top court throws out prosecutor appeal against Saipem in Algeria graft case

Italy's top court has turned down an appeal by prosecutors to overturn an earlier ruling acquitting Saipem of corruption in a long-running trial over bribery allegations in Algeria, the energy services group said on Monday.

Italy's Saipem signs deal with Saudi Aramco for onshore activities

Italian energy services group Saipem <SPMI.MI> said on Wednesday it had signed a framework agreement with Saudi Aramco covering onshore engineering and construction activities.

Saipem to build 450 MW offshore wind farm in Italy

Italy's Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy, the energy services group said on Tuesday.

UPDATE 1-Saipem paints uncertain outlook after Q2 loss on writedowns

Italian energy services group Saipem struck a sombre note for the year after missing forecasts in the second quarter as writedowns pushed it to a net loss of 616 million euros.

REFILE-Saipem sees uncertain outlook after Q2 loss on writedowns

Italian energy services group Saipem painted a gloomy outlook for the year after reporting a net loss of 616 million euros ($723 million) in the second quarter following writedowns.

BRIEF-Saipem Wins Contract In Brazil Of About USD 325 Mln

* AWARDED A CONTRACT FOR THE BÚZIOS PRE-SALT FIELD IN BRAZIL WORTH APPROXIMATELY 325 MILLION USD

Italy's Saipem picked for work on urea plant in Australia

Italian energy services contractor Saipem said on Wednesday it had been picked by Perdaman Industries to help build a urea plant in Australia.

Poland agrees $306 mln Baltic Pipe deal with Italy's Saipem

Polish gas grid operator Gaz-System said on Monday it signed a 280 million euro ($306 million) contract with Italian oil services group Saipem to build a section of the Baltic Pipe between Denmark and Poland.

No guidance from Saipem due to coronavirus, oil price slump

The coronavirus pandemic and falling oil prices mean Saipem <SPMI.MI> is unable to give financial guidance for this year, the Italian oil services group said on Thursday as it swung to a first-quarter loss.

BRIEF-Italy's Saipem CEO confirms dividend on 2019 results

Italy's Saipem Chief Executive Stefano Cao says:

Saipem unable to give guidance after coronavirus, oil collapse

Italian oil services group Saipem said on Thursday it could not offer new guidance for the year because of the highly unstable environment created by the COVID-19 pandemic and falling oil prices.

BRIEF-Saipem Q1 Adjusted EBITDA At EUR 240 Mln

* Q1 FINANCIAL RESULTS WITH €2.2 BILLION REVENUES AND 11% ADJUSTED EBITDA MARGIN

Italy's Saipem pulls outlook on coronavirus uncertainty

Italian oil and gas contractor Saipem said on Wednesday it had pulled its outlook for the year due to growing uncertainty created by the COVID-19 emergency.

BRIEF-Saipem SpA Withdraws 2020 Guidance

* BOARD OF DIRECTORS RESOLVED TO WITHDRAW 2020 GUIDANCE Source text for Eikon: Further company coverage:

Italy's Saipem inks deal with Equinor on floating solar farm technology

Italy's Saipem has reached an agreement with Norway's Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up