Subsea 7 S.A. (ACGYF)
Subsea 7 S.A. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Luxembourg City, GL, LU. The stock last traded at $32.65, up 0.00% on the session, giving a market capitalisation of $9.67B. On trailing twelve-month figures it carries a trailing P/E of 17.09, a net margin of 8.2%. Its beta of 0.59 implies it has historically moved less than the broad market.
Subsea 7 S.A. is a global provider of specialized offshore project solutions and services, catering to the dynamic energy industry worldwide. The company offers comprehensive subsea field development, encompassing project management, design, engineering, procurement, fabrication, surveying, installation, and commissioning of seabed production infrastructure, along with the critical tie-in of these facilities to fixed or floating platforms or onshore terminals. Their expertise also covers the engineering, procurement, commissioning, and installation (EPCI) of subsea umbilicals, risers, and flowlines (SURF). Additionally, they provide essential inspection, repair, maintenance (IRM), remote intervention, and full integrity management for subsea assets. Traditional services include the fabrication, installation, expansion, and refurbishment of fixed and floating platforms and associated pipelines in shallower waters, complemented by hook-up operations. In the renewable energy sector, Subsea 7 undertakes heavy lifting and transportation for various structures, installs offshore wind turbine foundations, and lays inter-array cables. They also perform decommissioning services for obsolete offshore installations. Furthermore, the company supplies remotely operated vehicles (ROVs) and specialized tooling to support exploration and production activities, alongside offering engineering and advisory services to clients in the oil and gas, renewables, and utilities sectors. Operating a substantial fleet of 38 vessels as of December 31, 2021, Subsea 7 S.A. was established in 1993 and is headquartered in Luxembourg.
Subsea 7 S.A. is most often compared with the following Energy names: