Saipem S.p.A.

Equities

SPM

IT0005495657

Oil Related Services and Equipment

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-03 am EDT			5-day change	1st Jan Change
2.147 ^EUR	-2.05%		-1.83%	+46.05%

Apr. 30	Europeans down after inflation and Eurozone GDP.	AN
Apr. 26	Citadel Advisors moves on Azimut Holding and Saipem.	AN

Saipem SpA Reports Earnings Results for the First Quarter Ended March 31, 2024

April 21, 2024

Saipem SpA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 3,047 million compared to EUR 2,582 million a year ago. Net income was EUR 57 million.

Latest news about Saipem S.p.A.

Europeans down after inflation and Eurozone GDP.	Apr. 30	AN
Citadel Advisors moves on Azimut Holding and Saipem.	Apr. 26	AN
Mib cautiously active; STM uptrend continues.	Apr. 24	AN
Global markets live: Bayer, PepsiCo, Halliburton, Spotify, Apple...	Apr. 23
SAIPEM : Q1: A solid kick start steers straight to the FY24 targets	Apr. 23
Saipem Outlines Plans for Jack-ups to Offset Saudi Aramco's Suspension of Drilling Contracts	Apr. 23	MT
Mib above 34,000 threshold; TIM among the best	Apr. 23	AN
Transcript : Saipem SpA, Q1 2024 Earnings Call, Apr 23, 2024	Apr. 23
Stock markets in green; Italian deficit increases	Apr. 23	AN
Italy's Saipem says first-quarter core earnings jump 40%	Apr. 22	RE
Iveco down on Mib; European stock exchanges in green	Apr. 22	AN
Futures await bourses up; China holds rates	Apr. 22	AN
Saipem SpA Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 21	CI
Mib closes bullish; Terna takes top spot	Apr. 19	AN
Indices down, on Mib oil at bottom	Apr. 19	AN
Milan black jersey; weighs geopolitical uncertainty	Apr. 19	AN
Geopolitical tensions sink futures	Apr. 19	AN
Mib up in line with other European bourses	Apr. 18	AN
Mib in green at 33,700; Banca Mediolanum bullish	Apr. 18	AN
More buying on stock markets; MFE good after accounts	Apr. 18	AN
Eni, CDP Equity Propose New Chairman for Saipem	Apr. 17	MT
Moody's Upgrades Saipem on Improved Operating Performance	Apr. 16	MT
Milan rises; Israel will not respond to Tehran	Apr. 15	AN
Mib bullish; Larry Fink sees only two Fed cuts	Apr. 12	AN
Indices up; Italy, industrial sales down	Apr. 12	AN

Chart Saipem S.p.A.

Duration

Period

More charts

Company Profile

Saipem S.p.A. specializes in engineering and construction services for the oil and gas industries. Net sales break down by activity as follows: - engineering, construction and installation services (94%): offshore services (submarine pipelines, oil platforms, etc.) and onshore (pipelines in hostile environments, hydrocarbon production units, drilling installations, refineries, etc.), and construction of floaters; - offshore drilling services (6%). Net sales are distributed geographically as follows: Italy (4.4%), Europe (11.3%), Middle East (29%), Sub-Saharan Africa (26.5%), Far East (11.6%), Americas (8.8%), CIS (7%) and North Africa (1.4%).

Sector

Oil Related Services and Equipment

Calendar

2024-05-13 - Annual General Meeting

Related indices

FTSE MIB INDEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

SAIPEM : Q1: A solid kick start steers straight to the FY24 targets

April 23, 2024 at 11:04 am EDT

More Strategies

Ratings for Saipem S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.147 EUR

Average target price

2.733 EUR

Spread / Average Target

+27.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil Related Services and Equipment

	1st Jan change	Capi.
SAIPEM S.P.A.	+46.05%	4.61B
SCHLUMBERGER LIMITED	-8.42%	68.12B
HALLIBURTON COMPANY	+1.60%	32.52B
BAKER HUGHES COMPANY	-6.61%	31.86B
TECHNIPFMC PLC	+28.90%	11.19B
WEATHERFORD INTERNATIONAL PLC	+25.32%	8.97B
NOV INC.	-8.58%	7.33B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+42.81%	5.72B
TIDEWATER INC.	+47.70%	5.62B
VALLOUREC	+14.08%	3.96B