Previous close | 13.22 |
Open | 0.00 |
Bid | 12.25 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 454,998 |
Market cap | 2.295B |
Beta (5Y monthly) | 0.86 |
PE ratio (TTM) | 5.53 |
EPS (TTM) | 2.33 |
Earnings date | N/A |
Forward dividend & yield | 1.00 (7.53%) |
Ex-dividend date | 17 Apr 2023 |
1y target est | N/A |
Key Insights Significant control over SBM Offshore by individual investors implies that the general public has more...
May 11, 2023 Highlights Year-to-date Directional1 revenue of US$742 million, in line with expectationFull year 2023 revenue and EBITDA guidance on track~US$3 billion revenue backlog increase following 10-year Operations and Maintenance Enabling Agreement signed with ExxonMobil Guyana8th Fast4Ward® Multi-Purpose Floater (MPF) hull orderedCash dividend of US$1.10 per ordinary share approved, 10% year-on-year increase and representing c. 7% yield2 Bruno Chabas, CEO of SBM Offshore, commented: “Our
May 2, 2023 SBM Offshore is pleased to announce it has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for the Operations and Maintenance of FPSOs Liza Destiny, Liza Unity, Prosperity and ONE GUYANA. This framework agreement establishes the new terms related to the operations of the Guyana FPSO fleet for a period of 10 years up to 2033. The lease terms and durations remain the same for all units, with 10 years
Key Insights The projected fair value for SBM Offshore is €11.22 based on Dividend Discount Model With €12.81 share...
SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 13, 2023. The adopted resolutions include the appointment of Allard Castelein as member of the Supervisory Board. Shareholders also voted in favor of the proposed all cash dividend of US$1.10 per ordinary share. Dividends will be paid in Euros using an exchange rate of 1.1045, which will result in a payout of €0.9959 per ordinary share. The cash dividend is payable on May
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
March 31, 2023 SBM Offshore is pleased to announce it has signed the project financing of FPSO Almirante Tamandaré for a total of US$1.63 billion. The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA). The financing is composed of five separate facilities with a ca. 6.3% weighted average cost of debt and a 14-year post-completion maturity for both the ECA covered facilities and the uncovered facility. Th
SBM Offshore announces that the agenda of the Annual General Meeting (AGM) and the invitation for shareholders to attend the AGM have now been published on the Company’s website. The AGM will be held at IntercityHotel Amsterdam Airport (Spark Avenue 1, 2133 LC Hoofddorp, the Netherlands) on Thursday April 13, 2023 at 14.30 Central European Time. Corporate Profile SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading techno
March 1, 2023 SBM Offshore is pleased to announce that during the Annual General Meeting to be held on April 13, 2023 (AGM) it will be proposed to appoint Allard Castelein as member of the Supervisory Board as per that date. Since 2014, Allard Castelein is President and CEO of the Port of Rotterdam (the Netherlands). He will step down from this role this summer. Allard previously worked with Shell for over 26 years. His last position with Shell was Vice President Environment Royal Dutch Shell (2
SBM Offshore ( AMS:SBMO ) Full Year 2022 Results Key Financial Results Revenue: US$4.91b (up 31% from FY 2021). Net...
The group, which supplies and operates floating production, storage and offloading (FPSO) vessels, reported an EBITDA of $1.01 billion for 2022, roughly in line with the company-provided consensus of $1.00 billion, and improving from last year's result of $0.93 billion. The group recorded a one-off impairment of $92 million from the shutdown of FPSO Cidade de Anchieta, but the company said it did not affect its EBITDA. FPSO Cidade de Anchieta resumed production in December after being in shutdown for inspection and repairment for nearly a year.
February 23, 2023 Record EBITDA & Backlog, increasing shareholder returns, industry pacesetting Highlights Record 2022 Directional1 underlying EBITDA of US$1,010 million, in line with guidance Record year-end Backlog of US$30.5 billion10% increase in dividend proposed to US$1.10 per share, 7% yield22023 Directional revenue guidance of above US$2.9 billion2023 Directional EBITDA guidance of above US$1 billionFPSO ONE GUYANA award, MoU for 7th MPF3 hull with ExxonMobil GuyanaDefining 2030 intermed
SBM Offshore N.V. ( AMS:SBMO ) shareholders should be happy to see the share price up 10% in the last quarter. But that...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
December 20, 2022 The FPSO Cidade de Anchieta has safely resumed production following the inspection, repair and certification of 4 tanks in agreement with the client and approved by Class and local authorities. As announced on November 10, 2022, repair works on the remaining tanks will continue at least until the end of next year. Corporate Profile SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider,
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
A look at the shareholders of SBM Offshore N.V. ( AMS:SBMO ) can tell us which group is most powerful. The group...
How far off is SBM Offshore N.V. ( AMS:SBMO ) from its intrinsic value? Using the most recent financial data, we'll...
November 10, 2022 Highlights Sustained financial performance in a complex macroeconomic environment2022 Directional1 EBITDA guidance increased to around US$1 billion2022 Directional revenue guidance increased to above US$3.2 billionMemorandum of Understanding signed for exclusivity of seventh MPF hull with ExxonMobil Guyana Bruno Chabas, CEO of SBM Offshore, commented: We have delivered solid results this quarter driven by the reliable and sustainable financial performance of our fleet and the r
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
August 4, 2022 Record Order Book, Revised Guidance Highlights 2022 Directional1 EBITDA guidance increased from around US$900 million to above US$950 million 2022 Directional revenue guidance increased from above US$3.1 billion to around US$3.2 billionRecord-level US$31.1 billion pro-forma order book, providing cash flow visibility until 2050Record-level US$8.8 billion pro-forma net cash flow from Lease and Operate backlog2 corresponding to US$315 million average annual net cash flow until 2050Se
July 21, 2022 SBM Offshore is pleased to announce it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee has been released. The project loan is in line with the duration of the charter hence a t
June 3, 2022 SBM Offshore announces that Philippe Barril has decided to step down on August 31, 2022 from his role as Chief Transition Officer (CTO) further to his appointment as CEO of Heerema Marine Contractors on September 1, 2022. Philippe was appointed member of the Management Board and Chief Operating Officer in 2015, becoming CTO in April 2022 with responsibility for Human Resources, Legal & Compliance, Health, Safety, Security and Environment and some other corporate functions. Following