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Subsea 7 SA

SUBC.OL

Latest Trade

99.66NOK

Change

2.16(+2.22%)

Volume

1,582,894

Today's Range

98.36

 - 

100.05

52 Week Range

77.86

 - 

117.75

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

Pricing

Previous Close
97.50
Open
98.38
Volume
1,582,894
3M AVG Volume
27.73
Today's High
100.05
Today's Low
98.36
52 Week High
117.75
52 Week Low
77.86
Shares Out (MIL)
300.21
Market Cap (MIL)
29,147.58
Forward P/E
51.41
Dividend (Yield %)
5.13

Next Event

Q4 2019 Subsea 7 SA Earnings Release

Latest Developments

More

Subsea 7 Awarded Contract Offshore Norway

Subsea 7 Signs Contract Offshore Australia

Subsea 7 CFO says capex level to stay below depreciation rate

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About Subsea 7 SA

Subsea 7 S.A. is a provider of seabed-to-surface engineering, construction and services contractor to the offshore energy industry. The Company's segments include SURF and Conventional, i-Tech Services and Corporate. The SURF and Conventional segment includes Subsea Umbilicals, Risers and Flowlines (SURF) activities related to the engineering, procurement, construction (EPC) and installation of systems offshore, including the long-term Pipelay Support Vessel (PLSV) contracts in Brazil, and conventional services, including the fabrication, installation, extension and refurbishment of fixed and floating platforms and associated pipelines in shallow water environments. The i-Tech Services segment includes activities associated with the provision of Inspection, Maintenance and Repair (IMR) services, integrity management of subsea infrastructure and remote intervention support. The Corporate segment includes activities associated with the provision of renewables and heavy lifting services.

Industry

Oil Well Services & Equipment

Contact Info

40 Brighton Road

+44.20.87226025

https://www.subsea7.com/

Executive Leadership

Kristian Siem

Chairman of the Board

Jean P. Cahuzac

Chief Executive Officer, Executive Director

Ricardo H. Rosa

Chief Financial Officer

John Evans

Chief Operating Officer

Stuart Peter Fitzgerald

Executive Vice President Strategy and Commercial

Key Stats

2.28 mean rating - 25 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

3.6K

2017

4.0K

2018

4.1K

2019(E)

3.8K
EPS (USD)

2016

1.540

2017

1.270

2018

0.560

2019(E)

0.190
Price To Earnings (TTM)
36.49
Price To Sales (TTM)
0.85
Price To Book (MRQ)
0.59
Price To Cash Flow (TTM)
5.92
Total Debt To Equity (MRQ)
11.23
LT Debt To Equity (MRQ)
9.02
Return on Investment (TTM)
1.28
Return on Equity (TTM)
1.03

Latest News

Latest News

Offshore services firm Subsea 7 eyes 2020 rebound, shares jump

Offshore services provider Subsea 7 cut its 2019 revenue outlook on Thursday but predicted a rebound next year as demand for oilfield services and from renewable energy providers is set to increase, boosting its shares almost 6%.

Subsea 7 eyes major contracts from Australia's Woodside

Australia's Woodside Petroleum Ltd has in recent months awarded three contracts to Subsea 7 for offshore oil and gas engineering work that may eventually exceed $750 million in value, the Oslo-listed company said on Wednesday.

Equatorial Guinea to crack down on oil services companies over local jobs

Oil and gas services firms Schlumberger, Subsea 7 and FMC face being banned from working in Equatorial Guinea if they do not commit by the end of this month to create more jobs for locals, an oil ministry source said on Friday.

NORWEGIAN STOCKS-Surge in oil price takes Oslo to all-time high

* Norwegian shares traded up on Wednesday * Oslo's benchmark index rose 0.23 pct, or 2 points, to all-time high of 877.29 points and was up by 7.47 pct year-to-date * The broader Oslo All Share Index was up 0.47 percent * Brent crude futures, a trigger for the oil heavy...

McDermott, Chicago Bridge & Iron shareholders approve merger

McDermott International <MDR.N> shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co <CBI.N> that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 <...

BRIEF-Subsea 7 withdraws bid for McDermott

* IN LIGHT OF THIS VOTE, SUBSEA 7 CONFIRMS THAT PROPOSAL MADE TO MCDERMOTT'S BOARD OF DIRECTORS ON APRIL 17 AND PUBLISHED ON APRIL 23 IS NO LONGER VALID

CORRECTED-McDermott shareholders vote for merger with CB&I

McDermott International shareholders on Tuesday voted in favor of a merger with Chicago Bridge & Iron Co, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.

BRIEF-Aker Solutions CEO: Tie-up of Subsea 7 and McDermott would reduce competition

The CEO and the CFO of Aker Solutions ASA made the following statements on Friday:

BRIEF-Subsea 7 ready to talk whenever McDermott's board is able to-CEO

Subsea 7 SA told analysts and reporters on Thursday:

UPDATE 1-Subsea 7 trades downs as Q1 lags

Offshore oil services firm Subsea 7 posted first-quarter results that missed expectations due to lower activity but maintained its outlook for the year, sending its shares lower.

Subsea 7's Q1 lags, repeats guidance

Offshore oil services firm Subsea 7 posted first-quarter results that missed expectations due to lower activity but maintained its outlook for the year, sending its shares lower.

BRIEF-Mcdermott Reiterates Rejection Of Subsea 7’S Non-Binding, Unsolicited Proposal

* MCDERMOTT REITERATES REJECTION OF SUBSEA 7’S NON-BINDING, UNSOLICITED PROPOSAL

Subsea 7 says could change offer if McDermott cooperates

Norwegian offshore oil services firm Subsea 7 <SUBC.OL> is open to potentially sweetening its $2 billion offer for McDermott <MDR.N> if the U.S. company would work with it to identify additional benefits of a deal, Subsea said on Wednesday.

BRIEF-Subsea 7 re-affirms its proposal to acquire McDermott

* SAYS IS OPEN TO CONSIDERING AMENDING ITS PROPOSAL IF IT CAN DISCOVER ADDITIONAL VALUE THROUGH DISCUSSIONS WITH MCDERMOTT MANAGEMENT TEAM

McDermott loan slides as investors digest Subsea 7’s hostile bid

U.S. engineering firm McDermott’s US$2.26bn term loan fell in the secondary loan market on Tuesday after a US$2bn unsolicited bid from offshore oil services firm Subsea 7 threatened to break up McDermott’s agreed bid for onshore engineering firm Chicago Bridge & Iron (CB&I).

UPDATE 1-Saipem scouting around as Subsea 7 bid makes waves

Italian oil services group Saipem is looking round for growth opportunities after a bid by rival Subsea 7 for U.S. contractor McDermott sent waves through the sector.

Subsea 7 makes $2 billion hostile bid to break up McDermott's U.S. deal

Offshore oil services firm Subsea 7 <SUBC.OL> has made an unsolicited offer worth about $2 billion for U.S. rival McDermott <MDR.N>, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I) <CBI.N>.

BRIEF-Mcdermott Board Of Directors Rejects Unsolicited, Non-Binding Proposal From Subsea 7

* MCDERMOTT BOARD OF DIRECTORS REJECTS UNSOLICITED, NON-BINDING PROPOSAL FROM SUBSEA 7

NORWEGIAN STOCKS-Subsea 7 rises after making hostile bid for McDermott

* Norwegian shares traded up on Monday * Oslo's benchmark index rose 0.63 pct, or 5.26 points, to 851.43 points and was up by 3.89 pct year-to-date * The broader Oslo All Share Index was up 0.67 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell...

Subsea 7 offers $2 bln for peer McDermott, says CB&I deal should be scrapped

Offshore oil services firm Subsea 7 has offered to buy U.S. peer McDermott for about $2 billion, it said on Monday, adding that its approach had so far been rejected.

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

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