Company Subsea 7 S.A.

Equities

SUBC

LU0075646355

Oil Related Services and Equipment

Market Closed - Oslo Bors 09:20:00 2024-03-27 am EDT 5-day change 1st Jan Change
172.6 NOK +0.44% Intraday chart for Subsea 7 S.A. -0.49% +16.43%

Business Summary

Subsea 7 S.A. is a world leader in offshore engineering, construction, and installation services for the oil and gas industry. Net sales break down by activity as follows:

- subsea infrastructure construction and installation services (76%): gas pipelines, oil pipelines, umbilicals, etc.;

- offshore installations maintenance and repair services (21.7%);

- other (2.3%).

Net sales are distributed geographically as follows: the United Kingdom (23.2%), Norway (20.3%), the United States (12.5%), Brazil (9.2%), Turkey (6.6%), the Netherlands (5.2%), Saudi Arabia (3.7%), Taiwan (3.4%), Australia (2.9%), Trinidad and Tobago (2.2%), Azerbaijan (2.1%) and other (8.7%).

Number of employees: 8,349

Sales per Business

NOK in Million2022Weight2023Weight 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 Million2022Weight2023Weight 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 TitleAgeSince
Chief Executive Officer 61 -
Director of Finance/CFO 51 12-08-31
Chief Operating Officer 58 19-12-31
Director/Board Member 70 07-12-31
Investor Relations Contact - -
Corporate Officer/Principal 44 22-03-31
Corporate Officer/Principal 54 01-12-31
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 TitleAgeSince
Chairman 75 11-01-06
Director/Board Member 70 07-12-31
Director/Board Member 68 21-05-31
Director/Board Member 66 18-04-16
Director/Board Member - 18-04-16
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 304,294,272 223,048,662 ( 73.30 %) 3,839,804 ( 1.262 %) 73.30 %

Shareholders

NameEquities%Valuation
70,829,916 23.28 % 1 035 M kr
Folketrygdfondet
7.700 %
23,430,658 7.700 % 343 M kr
Elliott Investment Management LP
4.545 %
13,831,620 4.545 % 202 M kr
BlackRock Fund Advisors
4.000 %
12,171,770 4.000 % 178 M kr
Storebrand Asset Management AS
2.678 %
8,147,646 2.678 % 119 M kr
Alfred Berg Kapitalforvaltning AS
1.975 %
6,009,891 1.975 % 88 M kr
SAFE Investment Co. Ltd.
1.900 %
5,781,591 1.900 % 85 M kr
KLP Kapitalforvaltning AS
1.860 %
5,660,891 1.860 % 83 M kr
ODIN Forvaltning AS
1.684 %
5,123,560 1.684 % 75 M kr
Pareto Asset Management AS
1.680 %
5,111,796 1.680 % 75 M kr
NameEquities%Valuation
NWQ Investment Management Co. LLC
0.007633 %
23,227 0.007633 % 312 868 kr
Tower Bridge Advisors, Inc.
0.007443 %
22,648 0.007443 % 305 069 kr
O'Brien Greene & Co., Inc.
0.007033 %
21,400 0.007033 % 288 258 kr
OFI Gestion Privée SA
0.005915 %
18,000 0.005915 % 242 460 kr
OFI Invest Asset Management SA
0.004185 %
12,736 0.004185 % 171 554 kr
Vibrand Kapitalforvaltning AS
0.002480 %
7,548 0.002480 % 101 672 kr
RhumbLine Advisers LP
0.001967 %
5,985 0.001967 % 80 618 kr
Lemanik Invest SA
0.001748 %
5,318 0.001748 % 71 633 kr
GAMMA Investing LLC
0.001486 %
4,521 0.001486 % 60 898 kr
Hundredfold Advisors LLC
0.000798 %
2,428 0.000798 % 32 705 kr

Holdings

NameEquities%Valuation
3,839,804 1.26% 56,133,941 $

Company contact information

Subsea 7 SA

40 Brighton Road Sutton

SM2 5BN, London

+

http://www.subsea7.com
address Subsea 7 S.A.(SUBC)

Group companies

NameCategory and Sector
Oilfield Services/Equipment
Engineering & Construction

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
15.98 USD
Average target price
17.15 USD
Spread / Average Target
+7.29%
Consensus