Saipem SpA (SAPMY)

OTCMKTS · Delayed Price · Currency is USD
0.4700
+0.1000 (27.03%)
Apr 23, 2025, 4:00 PM EDT
8.48%
Market Cap 4.19B
Revenue (ttm) 16.24B
Net Income (ttm) 352.36M
Shares Out n/a
EPS (ttm) 0.18
PE Ratio 11.88
Forward PE n/a
Dividend n/a
Ex-Dividend Date Jun 6, 2025
Volume 7,300
Average Volume 5,376
Open 0.3400
Previous Close 0.3700
Day's Range 0.3400 - 0.4700
52-Week Range 0.3100 - 0.5200
Beta 1.75
RSI 58.73
Earnings Date Apr 23, 2025

About Saipem SpA

Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea fields and pipelaying; installation and lifting of offshore structures; engages in engineering, implementation, installation, maintenance, modification, and decommissioning activities, as well as offshore engineering and construction, and wind activities. It is also involved in onshore engineering and construction, sustainable infrastructures, and r... [Read more]

Sector Energy
Founded 1957
Employees 17,657
Stock Exchange OTCMKTS
Ticker Symbol SAPMY
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 numbers in EUR 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....

7 weeks 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

2 months ago - GuruFocus

Saipem SpA reports Q4 results

2 months 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.

2 months ago - Reuters

Saipem, Subsea7 to merge in $4.6B deal

2 months 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...

2 months 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.

2 months 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...

3 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.

5 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.

5 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...

6 months ago - Seeking Alpha

Saipem SpA reports Q3 results

6 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.

6 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

7 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

7 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.

7 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