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Saipem SpA (SAPMY)
| Previous close | 0.4333 |
| Open | 0.4715 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 0.4715 - 0.4715 |
| 52-week range | 0.2100 - 0.5100 |
| Volume | |
| Avg. volume | 11,393 |
| Market cap | 4.741B |
| Beta (5Y monthly) | 1.98 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.0500 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 15 Jul 2022 |
| 1y target est | N/A |
ReutersSaipem expects low impact from Saudi Aramco's contracts suspension
Italy's Saipem said on Tuesday that a temporary suspension of oil drilling contracts by Saudi Aramco would have a low impact, leaving its 2024 targets within reach. Saudi Arabia's government in January ordered Aramco to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels per day (bpd), one million bpd below a goal announced in 2020. As a result more than 20 jack-ups, or shallow water drilling rigs, were expected to be suspended in the coming months, said Oslo-based firm Esgian which tracks drilling rigs.
ReutersItaly's Saipem says first-quarter core earnings jump 40%
Italian energy contractor Saipem said on Monday its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at its offshore engineering and construction business. Adjusted core earnings increased to 268 million euros ($285 million) from 191 million euros in the same period of last year.
ZacksSaipem (SAPMF) Proceeds With Whiptail Oilfield Project in Guyana
Saipem (SAPMF) receives the authorization to advance with the development of Whiptail, after receiving final approval from the clients and all necessary regulatory clearances.
