Saipem SpA (BIT: SPM)
Market Cap | 3.76B |
Revenue (ttm) | 12.95B |
Net Income (ttm) | 257.00M |
Shares Out | 1.96B |
EPS (ttm) | 0.13 |
PE Ratio | 15.00 |
Forward PE | 10.13 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 29,936,472 |
Open | 1.880 |
Previous Close | 1.880 |
Day's Range | 1.860 - 1.947 |
52-Week Range | 1.247 - 2.471 |
Beta | 1.93 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 23, 2024 |
About Saipem SpA
Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities. The company also engages in onshore engineering and construction, sustainable infrastructures, and robotics and industrialized solutions; and offshore engineering and constr... [Read more]
Financial Performance
In 2023, IP's revenue was 2.24 billion, an increase of 7.80% compared to the previous year's 2.08 billion. Earnings were 274.27 million, an increase of 2.92%.
Financial StatementsNews
Italy's Saipem wins two contracts worth $1bln in Saudi Arabia
The two contracts involve the engineering, procurement, construction and installation of infrastructure, including subsea pipelines, at the Marjan oil and gas field and the Zuluf and Safaniyah oil fie...
Italy's Saipem wins two contracts worth $1 bln in Saudi Arabia
Italian energy engineering group Saipem said on Tuesday it won two offshore contracts in Saudi Arabia worth around $1 billion in total, under an existing long term agreement with oil giant Saudi Aramc...
Eni launches sale of 10% of Saipem
Italian energy company Eni said on Tuesday it had launched an accelerated bookbuilding procedure to sell 10% of the share capital of oilfield group Saipem.
Saipem expects Aramco orders to drop 20% after capacity target cut
Italian energy contractor Saipem's CEO said on Thursday it expects a 20% drop in average annual orders from Saudi Aramco to 2027 as a result of the state oil company's decision to drop its capacity ex...
Big Oil Stocks Extend Losses. What It Means.
Saudi Arabian Oil Co. said this week it would no longer increase capacity as previously planned.
Oil Services Sink After Saudi Aramco Lowers Production Goal
The state-owned company pulled back on its capacity target at the direction of the Saudi Arabian government.
Italy's Saipem wins contracts in Brazil and Guyana worth $1.9 billion
Italian energy engineering and infrastructure company Saipem has won two offshore contracts in Brazil and Guyana worth around $1.9 billion in total, it said on Wednesday.
Eni, Saipem join forces to develop new bio-refineries
Italian energy group Eni and energy services company Saipem have signed a deal to support the transformation of traditional refineries and the development of new Eni's bio-refineries, the two groups s...
Saipem confirms guidance after Q3 net profit
Italian energy services group Saipem on Wednesday confirmed its full-year guidance after reporting a net profit of 39 million euros ($41 million) in the third quarter, compared with an 8 million loss ...
Italy's Saipem wins two contracts with Eni, BP worth a total $700 mln
Italian energy services group Saipem on Thursday said it was awarded two new contracts by Eni's Eni Congo and BP , worth a total of around $700 million.
Italy's Saipem wins $1 bln gas service contract in Libyan off-shore
Italian energy services group Saipem on Wednesday said it had won a new contract in Libya worth around $1 billion for the development of the Bouri Gas Utilisation Project (BGUP).
Italy's Saipem sees progress towards resuming Mozambique LNG project
Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway, but refrained from giving a precise timeline.
Saipem shares fall below cash call issue price as banks prepare for stake sale
Shares in Italy's Saipem on Friday dropped below the issue price for new stock in a cash call that fell short of the 2 billion euro ($2.01 billion) target the energy services firm was seeking from inv...
S&P Global ratings ups Saipem to 'BB' from 'BB-' on planned capital hike
S&P Global ratings said on Friday it had raised Italy's Saipem to 'BB' from 'BB-' on the energy services group's 2 billion euros ($2.21 billion) capital hike planned for this year to help fund a turna...