SUBCY lands a major $750M-$1.25B contract with Aramco for offshore pipeline installation and facility upgrades in Saudi Arabia.
SUBCY secures a $750M-$1.25B deal for Sakarya Phase 3, expanding its offshore project footprint in Turkiye's Black Sea.
Subsea 7 S.A. (OTCPK:SUBCY) Q2 2025 Earnings Conference Call July 31, 2025 6:00 AM ET Company Participants John Evans - Chief Executive Officer Katherine Tonks - Head of Investor Relations & Investor Relations Director Mark Foley - Chief Financial Officer Natalie Lewis - Corporate Participant Stuart Fitzgerald - Chief Executive Officer Conference Call Participants Erik Aspen Fossa - Carnegie Investment Bank AB, Research Division Guilherme Levy - Morgan Stanley, Research Division Guillaume Delaby - Sanford C.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Subsea 7 (SUBCY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
SUBCY lands a $150-$300M subsea EPCI contract offshore Norway, with work planned from 2025 to 2027.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Subsea 7 S.A. (OTCPK:SUBCY) Q1 2025 Earnings Conference Call April 30, 2025 7:00 AM ET Company Participants Katherine Tonks - Investor Relations John Evans - Chief Executive Officer Mark Foley - Chief Financial Officer Stuart Fitzgerald - Chief Executive Officer, Seaway 7 Conference Call Participants Sebastian Erskine - Redburn Atlantic Guilherme Levy - Morgan Stanley Richard Dawson - Berenberg Lukas Daul - Arctic Securities Kevin Roger - Kepler Cheuvreux Victoria McCulloch - RBC Guillaume Delaby - Bernstein Mark Wilson - Jefferies Daniel Thomson - BNP Paribas Njål Kleiven - ABG Sundal Collier Operator Good day, and thank you for standing by.
SUBCY awards contract extension to Eidesvik Seven Chartering's Seven Viking. This is expected to prolong the vessel's stay with Subsea7 through 2026 and 2027.
The new contract prolongs the IMR vessel's stay with SUBCY for two more years and includes three yearly options.
Subsea 7 S.A. (OTCPK:SUBCY) Q4 2024 Earnings Conference Call February 27, 2025 7:00 AM ET Company Participants Katherine Tonks - IR John Evans - CEO Mark Foley - CFO Stuart Fitzgerald - CEO, Seaway 7 Conference Call Participants Kevin Roger - Kepler Cheuvreux Christopher Mollerlokken - SpareBank 1 Markets Jørgen Lande - Danske Bank Victoria McCulloch - RBC Capital Markets Lukas Daul - Arctic Securities Erik Aspen Fossa - Carnegie Investment Bank Guilherme Levy - Morgan Stanley Michael Pickup - Barclays Katherine Tonks Welcome, everyone.
SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.