Subsea 7 S.A. (SUBCY)
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 $35.08, down 0.51% on the session, giving a market capitalisation of $10.39B. On trailing twelve-month figures it carries a trailing P/E of 17.08, 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 prominent provider of extensive offshore project solutions and specialized services for the evolving global energy industry. The company's core capabilities revolve around the comprehensive development of subsea fields, managing projects from initial design and engineering through procurement, fabrication, surveying, installation, and commissioning of seabed production facilities. These facilities are then seamlessly tied back to fixed or floating platforms, or directly to shore. Its offerings further encompass the full spectrum of engineering, procurement, commissioning, and installation (EPCI) for critical subsea components such as umbilicals, risers, and flowlines. Subsea 7 also ensures the ongoing operational integrity of subsea infrastructure through detailed inspection, repair, maintenance (IRM), remote intervention, and integrity management services. Beyond deepwater operations, the company provides conventional shallow water services, including the fabrication, installation, extension, and refurbishment of both fixed and floating platforms and their associated pipelines, alongside essential hook-up services. Moreover, Subsea 7 plays a significant role in the renewable energy sector, performing heavy lifting and transportation for various structures, installing offshore wind turbine foundations and inter-array cables, and undertaking the decommissioning of redundant offshore facilities. The company also supplies remotely operated vehicles (ROVs) and specialized tooling to support exploration and production activities, while offering expert engineering and advisory services to clients in the oil and gas, renewables, and utilities industries. As of December 31, 2021, Subsea 7 S.A. operated with a robust fleet of 38 vessels. The company was founded in Luxembourg in 1993.
Subsea 7 S.A. is most often compared with the following Energy names: