SUBSEA 7 S.A. |
Real-time
Other stock markets
|
5-day change | 1st Jan Change | ||
| 180.9 NOK | +0.61% |
|
+3.19% | +22.06% |
| Apr. 25 | Subsea 7 S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 25 | Transcript : Subsea 7 S.A., Q1 2024 Earnings Call, Apr 25, 2024 |
Business Summary
- subsea infrastructure construction and installation services (82.3%): gas pipelines, oil pipelines, umbilicals, etc.;
- offshore installations maintenance and repair services (16%);
- other (1.7%).
Net sales are distributed geographically as follows: Norway (22%), Brazil (18.8%), the United Kingdom (16.7%), the United States (10.6%), Taiwan (6%), Australia (4.1%), Saudi Arabia (3.8%) and other (18%).
Number of employees: 8,349
Sales per Business
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Subsea and Conventional
82.3
%
| 37,552 | 76.0 % | 51,997 | 82.3 % | +38.47% |
Renewables
16.0
%
| 10,745 | 21.7 % | 10,096 | 16.0 % | -6.04% |
Corporate Business
1.7
%
| 1,112 | 2.3 % | 1,052 | 1.7 % | -5.43% |
Sales per region
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Norway
22.0
%
| 10,055 | 20.3 % | 13,877 | 22.0 % | +38.02% |
Brazil
18.8
%
| 4,570 | 9.2 % | 11,893 | 18.8 % | +160.25% |
United Kingdom
16.7
%
| 11,457 | 23.2 % | 10,544 | 16.7 % | -7.97% |
United States
10.6
%
| 6,200 | 12.5 % | 6,690 | 10.6 % | +7.91% |
Taiwan
5.9
%
| 1,704 | 3.4 % | 3,725 | 5.9 % | +118.63% |
Australia
4.1
%
| 1,411 | 2.9 % | 2,604 | 4.1 % | +84.47% |
Saudi Arabia
3.8
%
| 1,829 | 3.7 % | 2,424 | 3.8 % | +32.53% |
Turkey
3.5
%
| 3,244 | 6.6 % | 2,215 | 3.5 % | -31.74% |
Azerbaijan
2.6
%
| 1,042 | 2.1 % | 1,659 | 2.6 % | +59.18% |
Singapore
2.2
%
| 440 | 0.9 % | 1,400 | 2.2 % | +218.32% |
Angola
1.8
%
| 814 | 1.6 % | 1,108 | 1.8 % | +36.11% |
Senegal
1.6
%
| 906 | 1.8 % | 1,020 | 1.6 % | +12.56% |
Trinidad & Tobago
1.5
%
| 1,068 | 2.2 % | 959 | 1.5 % | -10.22% |
Netherlands
1.5
%
| 2,555 | 5.2 % | 953 | 1.5 % | -62.69% |
Qatar
1.3
%
| - | - | 812 | 1.3 % | - |
Germany
1.2
%
| 347 | 0.7 % | 774 | 1.2 % | +122.79% |
Other Countries
0.5
%
| 470 | 1.0 % | 285 | 0.5 % | -39.33% |
Guyana
0.3
%
| - | - | 205 | 0.3 % | - |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
John Evans
CEO | Chief Executive Officer | 61 | - |
Mark Foley
DFI | Director of Finance/CFO | 51 | 12-08-31 |
| Chief Operating Officer | 58 | 19-12-31 | |
Jean P. Cahuzac
BRD | Director/Board Member | 70 | 07-12-31 |
Marcelo Xavier
PRN | Corporate Officer/Principal | 44 | 22-03-31 |
| Corporate Officer/Principal | 54 | 01-12-31 | |
Kate Lyne
HRO | Human Resources Officer | 55 | 11-12-31 |
| Corporate Officer/Principal | 55 | 17-12-31 | |
| General Counsel | 61 | 05-12-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Kristian Siem
CHM | Chairman | 75 | 11-01-06 |
Jean P. Cahuzac
BRD | Director/Board Member | 70 | 07-12-31 |
Eldar Sætre
BRD | Director/Board Member | 68 | 21-05-31 |
David Mullen
BRD | Director/Board Member | 66 | 18-04-16 |
Niels Kirk
BRD | Director/Board Member | - | 18-04-16 |
Louisa Siem
BRD | Director/Board Member | - | - |
| Director/Board Member | - | - |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 304,294,272 | 223,302,122 ( 73.38 %) | 4,811,370 ( 1.581 %) | 73.38 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
SUBSEA 7 S.A. 1.26% | 3,839,804 | 1.26% | 61,409,102 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Subsea 7 Treasury (UK) Ltd.
 Subsea 7 Treasury (UK) Ltd. Oilfield Services/EquipmentIndustrial Services Part of Subsea 7 SA, Subsea 7 Treasury (UK) Ltd. is a subsea engineering, construction, and British services company that serves the offshore energy industry. The private company was founded in 1970 and is based in Sutton, UK. The company's main focus is on providing engineering, construction, and services to the offshore energy industry. |
Oilfield Services/Equipment
|
Subsea 7 (UK Service Co.) Ltd.
 Subsea 7 (UK Service Co.) Ltd. Engineering & ConstructionIndustrial Services Part of Subsea 7 SA, Subsea 7 (UK Service Co.) Ltd. is a British company that provides subsea engineering and project management services. The private company is based in Westhill, UK and was founded in 2002. |
Engineering & Construction
|
Sector
Sales per Business
Sales per region
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
19
Last Close Price
16.36
USD
Average target price
17.9
USD
Spread / Average Target
+9.39%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.33% | 4.9B | |
| +6.52% | 4.27B | |
| +26.85% | 3.83B | |
| +1.14% | 1.73B | |
| -4.39% | 1.5B | |
| +24.11% | 969M | |
| +29.71% | 764M | |
| +19.19% | 731M | |
| +66.25% | 645M | |
| +2.68% | 493M |
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