Sea1 Offshore Inc. (OSL:SEA1)
Norway · Delayed Price · Currency is NOK | Market Cap | 4.25B +49.4% |
| Revenue (ttm) | 2.74B -20.3% |
| Net Income | 1.15B -34.2% |
| EPS | 7.46 -15.7% |
| Shares Out | 153.54M |
| PE Ratio | 3.71 |
| Forward PE | 6.45 |
| Dividend | 4.00 (14.41%) |
| Ex-Dividend Date | Apr 7, 2026 |
| Volume | 157,425 |
| Average Volume | 161,681 |
| Open | 27.50 |
| Previous Close | 27.75 |
| Day's Range | 27.40 - 28.20 |
| 52-Week Range | 19.16 - 36.35 |
| Beta | 0.23 |
| RSI | 41.31 |
| Earnings Date | Apr 30, 2026 |
About Sea1 Offshore
Sea1 Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry. The company operates through Subsea Vessels; Anchor-Handling Tug Supply (AHTS) Vessels; Platform Supply Vessels (PSVs); Fast Crew & Oil Spill Recovery Vessels; and Other segments. It provides offshore vessel activities, such as anchor handling and towing, platform supply, oil spill recovery, well intervention services, and subsea operations. As of March 2026, the companies fleet comprised of 15 vessels, includ... [Read more]
Financial Performance
In 2025, Sea1 Offshore's revenue was $271.55 million, a decrease of -20.33% compared to the previous year's $340.83 million. Earnings were $113.75 million, a decrease of -34.16%.
Financial numbers in USD Financial StatementsNews
Sea1 Offshore Earnings Call Transcript: Q1 2026
Q1 2026 saw revenue rise to $72M and EBITDA reach $37.5M (52% margin), with net profit up to $28.3M. Strong backlog, high fleet utilization, and a NOK 4/share dividend highlight robust performance, despite market volatility and regional challenges.
Sea1 Offshore Earnings Call Transcript: Q4 2025
Q4 2025 saw strong operational and financial performance, with $68M revenue, 52% EBITDA margin, and 93% fleet utilization. Backlog remains robust, newbuild program is on track, and a $350M loan facility was secured for future growth.
Sea1 Offshore Earnings Call Transcript: Q3 2025
Q3 saw $63M revenue and $34M EBITDA with 93% fleet utilization, despite fewer vessels. Strong contract backlog, robust financials, and high-end new builds support a positive long-term outlook, though short-term market weakness persists in some regions.
Sea1 Offshore Earnings Call Transcript: Q2 2025
Q2 2025 saw strong financial results with $71.3M revenue, 55% EBITDA margin, and $64.9M net profit, driven by high fleet utilization and a $41.3M vessel sale gain. The firm contract backlog is $756M, with robust coverage for 2025 and a positive long-term outlook.
Sea1 Offshore Earnings Call Transcript: Q1 2025
Q1 2025 saw strong financial performance with $68.5M revenue, $40.3M EBITDA, and a 59% margin, despite a smaller fleet. Contract backlog remains robust at $812M, with positive market outlooks in all segments and continued focus on capital discipline.
Sea1 Offshore Earnings Call Transcript: Q4 2024
Q4 2024 saw strong operational and financial performance with a 52% EBITDA margin and $68.4 million in revenue, despite a smaller fleet. The company maintains a robust contract backlog, solid financial position, and positive market outlook across all segments.
Sea1 Offshore Earnings Call Transcript: Q3 2024
Q3 2024 saw strong EBITDA margin of 55% on $81.6M revenue, with net profit up 93% year-over-year. Solid contract backlog, improved financial flexibility post-refinancing, and positive outlook across all segments support future growth.
Sea1 Offshore Earnings Call Transcript: Q2 2024
Q2 2024 saw higher revenue and EBITDA, a strong contract backlog, and improved margins across all segments. Vessel sales and refinancing strengthened the balance sheet, and a NOK 5 per share dividend was authorized. Positive long-term market outlook remains.