Reach Subsea ASA (OSL: REACH)

Market Cap	2.13B
Revenue (ttm)	2.29B
Net Income (ttm)	226.96M
Shares Out	271.77M
EPS (ttm)	0.83
PE Ratio	9.47
Forward PE	8.21
Dividend	0.36 (4.59%)
Ex-Dividend Date	Jun 3, 2024

Volume	1,594,690
Open	8.06
Previous Close	8.26
Day's Range	7.56 - 8.10
52-Week Range	4.03 - 10.65
Beta	1.02
Analysts	n/a
Price Target	n/a
Earnings Date	Aug 28, 2024

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'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%.