Added to YB: 2025-02-24
Pitch date: 2025-02-21
SBMO.AS [bullish]
SBM Offshore N.V.
+23.21%
current return
Author Info
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Company Info
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey.
Market Cap
$3.7B
Pitch Price
$19.62
Price Target
N/A
Dividend
4.15%
EV/EBITDA
14.19
P/E
25.52
EV/Sales
2.94
Sector
Energy Equipment and Services
Category
N/A
Show full summary:
SBM Offshore (SBMO.AS): Unlocking Deepwater Growth with FPSO Mega-Projects
SBMO.AS: Dutch FPSO firm sees 40 prospects in 3 years, 16 large/complex. Ordered 2 new hulls, possibly for Total's Venus. Robust outlook in Brazil, Guyana, Suriname, West Africa. Challenge: drillship warm stack costs while waiting for new projects. Patience required.
Read full article (1 min)