Previous close | 2.1920 |
Open | 2.1950 |
Bid | 2.1480 x 0 |
Ask | 2.1490 x 0 |
Day's range | 2.1170 - 2.2080 |
52-week range | 1.1410 - 2.4710 |
Volume | |
Avg. volume | 50,748,082 |
Market cap | 4.324B |
Beta (5Y monthly) | 1.98 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.2500 |
Earnings date | 24 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 18 May 2020 |
1y target est | 2.70 |
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, HP and PDS.
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.
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.