(VIANEWS) – Shares of SUBSEA 7 (Oslo Børs Benchmark Index_GI: SUBC.OL) rose by a staggering 20.83% in 10 sessions from kr111.6 to kr134.85 at 14:39 EST on Thursday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is sliding 0.75% to kr1,207.78, following the last session’s downward trend.
SUBSEA 7’s last close was kr135.75, 9.68% under its 52-week high of kr150.30.
About SUBSEA 7
Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. Subsea 7 S.A. was incorporated in 1993 and is based in Luxembourg.
Earnings Per Share
As for profitability, SUBSEA 7 has a trailing twelve months EPS of kr2.18.
PE Ratio
SUBSEA 7 has a trailing twelve months price to earnings ratio of 61.86. Meaning, the purchaser of the share is investing kr61.86 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.44%.
More news about SUBSEA 7 (SUBC.OL).
