Saipem SpA (BIT:SPM)

Italy flag Italy · Delayed Price · Currency is EUR
2.111
-0.060 (-2.76%)
Mar 31, 2025, 1:45 PM CET
-3.61%
Market Cap 4.25B
Revenue (ttm) 14.55B
Net Income (ttm) 306.00M
Shares Out 1.96B
EPS (ttm) n/a
PE Ratio 13.89
Forward PE 9.96
Dividend 0.17 (7.83%)
Ex-Dividend Date May 19, 2025
Volume 18,274,697
Average Volume 43,204,967
Open 2.150
Previous Close 2.171
Day's Range 2.103 - 2.155
52-Week Range 1.789 - 2.797
Beta 1.82
RSI 48.79
Earnings Date Apr 23, 2025

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]

Sector Energy
Founded 1957
Employees 30,000
Stock Exchange Borsa Italiana
Ticker Symbol SPM
Full Company Profile

Financial Performance

In 2024, Saipem SpA's revenue was 14.55 billion, an increase of 22.46% compared to the previous year's 11.88 billion. Earnings were 306.00 million, an increase of 70.95%.

Financial Statements

News

Q4 2024 Global Oil & Gas Industry Contracts Review Report: Activity Remained Relatively Stable, Saipem Continues to Boost Upstream Contracts Activity

Dublin, March 03, 2025 (GLOBE NEWSWIRE) -- The "Q4 2024 Global Oil & Gas Industry Contracts Review - Saipem continues to boost upstream contracts activity" report has been added to ResearchAndMarkets....

27 days ago - GlobeNewsWire

Saipem SpA (SAPMF) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives

Saipem SpA (SAPMF) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives

4 weeks ago - GuruFocus

Saipem SpA reports Q4 results

4 weeks ago - Seeking Alpha

Italy's Saipem, Norway's Subsea 7 to create energy services leader

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy services.

5 weeks ago - Reuters

Saipem, Subsea7 to merge in $4.6B deal

5 weeks ago - Seeking Alpha

Proposed Combination of Saipem and Subsea7

Milan, Luxembourg, 23 February 2025 - Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the “Proposed Comb...

5 weeks ago - GlobeNewsWire

Saipem close to merger with oil services rival Subsea 7, La Repubblica reports

Italian oil services company Saipem is close to a merger with Norwegian rival Subsea 7 , Italian newspaper La Repubblica reported on Sunday without citing sources.

5 weeks ago - Reuters

Saipem Faces Cost Blowout at French Wind Project Amid Drilling Setbacks

Saipem SpA is struggling to drill foundations for a wind farm off France’s northwest coast, where it’s on the hook for hundreds of millions of euros in cost overruns, people with knowledge of the matt...

2 months ago - Financial Post

TechnipFMC, Saipem score $2,9B in combined contracts for Suriname offshore work

TechnipFMC awarded $1B contract for TotalEnergies' GranMorgu project. Saipem also awarded EPCI contract valued at $1.9B for work on the project.

4 months ago - Seeking Alpha

Saipem signs $1.9 bln deal with TotalEnergies in Suriname

Italian energy contractor Saipem said on Thursday it signed a $1.9 billion deal with a subsidiary of TotalEnergies in Suriname for the subsea development of the GranMorgu offshore project.

4 months ago - Reuters

Saipem SpA (SAPMF) Q3 2024 Earnings Call Transcript

Saipem SpA (OTCPK:SAPMF) Q3 2024 Earnings Conference Call October 24, 2024 4:30 AM ETCompany ParticipantsAlessandro Puliti - Chief Executive OfficerPaolo...

5 months ago - Seeking Alpha

Saipem SpA reports Q3 results

5 months ago - Seeking Alpha

Italy's Saipem improves 2024 guidance, confirms dividend plan

Italian energy contractor Saipem on Wednesday raised its full-year guidance and confirmed its plan to resume dividend payments next year, after beating expectations for third-quarter results.

5 months ago - Reuters

Saipem pre-qualifies for $8bln Libya gas monetisation project

Project aims to increase gas production to supply the Libyan domestic market and exports to Europe, targeting 750 million cu ft of gas per day by 2026

6 months ago - Zawya

Italy's Saipem wins offshore contract worth $2bln in Saudi Arabia

The contract was signed under the existing long-term agreement with oil giant Saudi Aramco

6 months ago - Zawya

Italy's Saipem wins offshore contract worth $2 bln in Saudi Arabia

Italian energy engineering group Saipem said on Wednesday it had won an offshore contract worth around $2 billion for the development of the Marjan oil field in Saudi Arabia.

6 months ago - Reuters

Saipem awarded $4B contract for EPC work offshore Qatar

Saipem surges in European trading after winning a $4B offshore contract from QatarEnergy to sustain natural gas production at North Field project.

7 months ago - Seeking Alpha

Saipem wins $4bln EPC contract from QatarEnergy LNG

Saipems scope of work encompasses the engineering, procurement, fabrication and installation of six platforms as well as approximately 100 km of corrosion resistance alloy rigid subsea pipelines

7 months ago - Zawya