Reach Subsea ASA (OSL: REACH)

Market Cap	2.15B
Revenue (ttm)	2.48B
Net Income (ttm)	241.33M
Shares Out	282.67M
EPS (ttm)	0.89
PE Ratio	8.51
Forward PE	6.34
Dividend	0.36 (4.75%)
Ex-Dividend Date	Jun 3, 2024

Volume	99,588
Average Volume	326,440
Open	7.60
Previous Close	7.58
Day's Range	7.52 - 7.70
52-Week Range	4.29 - 10.65
Beta	0.97
RSI	44.86
Earnings Date	Feb 13, 2025

About Reach Subsea ASA

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well ...

• Industry: Oil & Gas Equipment & Services
• Sector: Energy
• Founded: 1909
• Employees: 342
• Stock Exchange: Oslo Børs
• Ticker Symbol: REACH

Financial Performance

In 2023, Reach Subsea ASA's revenue was 1.97 billion, an increase of 69.08% compared to the previous year's 1.16 billion. Earnings were 225.79 million, an increase of 212.79%.