Despite Fast-paced Momentum, Subsea 7 (SUBCY) Is Still a Bargain Stock
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.
Subsea7 to Begin Work on Substantial Subsea Contract Offshore Norway
SUBCY lands a $150-$300M subsea EPCI contract offshore Norway, with work planned from 2025 to 2027.
Is Subsea 7 (SUBCY) Stock Undervalued Right Now?
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. (SUBCY) Q1 2025 Earnings Call Transcript
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.
Subsea7 Awards Multi-Year Extension for Seven Viking Subsea Vessel
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.
Subsea7 Locks in Multi-Year Deal for Solstad Offshore IMR Vessel
The new contract prolongs the IMR vessel's stay with SUBCY for two more years and includes three yearly options.
Subsea 7 S.A. (SUBCY) Q4 2024 Earnings Call Transcript
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.
Subsea7 to Merge With Saipem, Create Offshore Energy Services Giant
SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.
Subsea7 Secures FEED Study Contract for Equinor's Fram Sor Development
SUBCY states that early involvement in the field development process should help support Equinor's decision-making process for the FID.
Subsea7 Secures New Decommissioning Contract From Saudi Aramco
SUBCY's new contract with Aramco involves decommissioning of current subsea infrastructure and pipeline replacement work at the Abu Safah field.
Subsea 7: Vessel Utilization Lifts Renewable Margins
Subsea 7's margins are improving, driven by later-phase project profitability and a favorable contract negotiation environment, despite a recent decline in order intake. Renewable energy segment shows significant margin improvement, with a two-fold increase in EBITDA due to higher vessel utilization rates. Q3 order intake was weak following an exceptionally strong Q2, but future escalations are expected to boost margins due to inflation-indexed contracts.
Subsea 7 S.A. (SUBCY) Q3 2024 Earnings Call Transcript
Subsea 7 S.A. (OTCPK:SUBCY) Q3 2024 Earnings Conference Call November 21, 2024 6:00 AM ET Company Participants Katherine Tonks - IR John Evans - CEO Mark Foley - CFO Stuart Fitzgerald - CEO, Seaway 7 Conference Call Participants Guilherme Levy - Morgan Stanley Richard Dawson - Berenberg Haakon Amundsen - ABG Sundal Collier Kate O'Sullivan - Citi Kevin Roger - Kepler Cheuvreux Christopher Mollerlokken - SpareBank1 Markets Daniel Thomson - BNP Paribas Exane Mark Wilson - Jefferies Operator Good day, and thank you for standing by.
