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Subsea 7 SA

SUBC.OL

Latest Trade

82.04NOK

Change

-1.06(-1.28%)

Volume

184,772

Today's Range

81.60

 - 

82.50

52 Week Range

49.25

 - 

97.86

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

Pricing

Previous Close
83.10
Open
81.80
Volume
184,772
3M AVG Volume
17.49
Today's High
82.50
Today's Low
81.60
52 Week High
97.86
52 Week Low
49.25
Shares Out (MIL)
297.67
Market Cap (MIL)
25,213.41
Forward P/E
42.40
Dividend (Yield %)
2.41

Next Event

Subsea 7 SA at Jefferies Structural Winners Conference (Virtual)

Latest Developments

More

Subsea 7 Announces Update To The Terms Of Its $200 Million Share Repurchase Programme

Subsea 7 Announces Floating Wind Joint Venture

Subsea 7 Gets Sizeable Contract

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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

SM2 5BN

United Kingdom

+44.20.87226025

https://www.subsea7.com/

Executive Leadership

Kristian Siem

Chairman of the Board

John Evans

Chief Executive Officer

Ricardo H. Rosa

Chief Financial Officer

Katherine Lyne

Executive Vice President - Human Resources

Olivier Blaringhem

Executive Vice President - Subsea and Conventional

Key Stats

2.00 mean rating - 22 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

4.1K

2019

3.7K

2020

3.5K

2021(E)

4.4K
EPS (USD)

2018

0.560

2019

-0.270

2020

-1.640

2021(E)

0.235
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.81
Price To Book (MRQ)
0.71
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
10.69
LT Debt To Equity (MRQ)
7.75
Return on Investment (TTM)
-20.34
Return on Equity (TTM)
-15.95

Latest News

Latest News

Oil services firm Subsea 7 to lay off 3,000 following oil market slump

Oil services firm Subsea 7 announced on Thursday that it will cut its global workforce by a quarter and reduce its fleet of specialized vessels by up to a third to preserve cash following the slump in the oil market.

BRIEF-Subsea 7 Q1 Net Loss Widens To $38 Million

* Q1 ADJUSTED EBITDA $68 MILLION VERSUS $111 MILLION YEAR AGO AS REPORTED ON MAY 2, 2019

UPDATE 1-Comex gold stocks leap as price premium pushes higher

Gold stocks held in New York vaults registered with CME Group have jumped almost 50% since the end of last week after the exchange launched a new contract and a price premium since the outbreak of the coronavirus encouraged stockpiling.

BRIEF-Subsea 7 Withdraws 2020 Guidance, Issued On Feb. 27, 2020

* REG-SUBSEA 7 WITHDRAWS 2020 GUIDANCE, ISSUED ON 27 FEBRUARY 2020

BRIEF-Santos Says Awarded Contracts For Supply And Installation Of Subsea Infrastructure For Barossa

* AKER SOLUTIONS WILL SUPPLY UMBILICALS AND NATIONAL OILWELL VARCO DENMARK I/S WILL SUPPLY FLEXIBLE RISERS

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.

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

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