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Reach Subsea

NOK 6.12-NOK 0.02  (0.33%)
Estimate
EPS
-0.24
Beta
-0.11
Growth
Revenue, YoY
44.41%
Net income, YoY
84.07%
FCF, YoY
75.61%
Forecast
P/E (FWD)
56.7
EPS (FWD)
0.108
Dividends
Dividend yield
2.78%
Annual payout
NOK 0.17
Next ex. div date
May 29, 27
Payout
127.19%
Div.rating
About the company
Ticker
REACH
ISIN
NO0003117202
Country
Norway
Sector (GICS)
Energy
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; 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; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, personnel, survey, and on demand engineering. It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction projects; specialist survey and positioning services to support international marine construction projects, offshore cable operations, rig and mooring operations, and seabed surveys; and support services for offshore power, communication, and umbilical cables, as well as supporting operation and maintenance/inspection, repair and maintenance services. In addition, the company offers geophysical monitoring solutions for hydrocarbon producing fields offshore, including 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that include multi-physical monitoring services. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Frequently asked questions

What sector does Reach Subsea (REACH) operate in?

Reach Subsea belongs to the Energy sector and operates in the Oil & Gas Equipment & Services industry.

What is Reach Subsea (REACH) current stock price?

As of the latest data, Reach Subsea stock price is NOK 6.12, with a previous close of NOK 6.14. Reach Subsea lost -NOK 0.02 in the last trading session, representing a -0.33% loss.

What is Reach Subsea (REACH) current market capitalization?

Reach Subsea market cap is approximately 2.00 billion.

What is Reach Subsea (REACH) Earnings Per Share (EPS)?

The trailing EPS is -NOK 0.24, and the forward EPS is NOK 0.11.

What is Reach Subsea (REACH) EBITDA?

Reach Subsea EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 446.45 million.

Does Reach Subsea (REACH) pay dividends?

Yes. Reach Subsea pays annual dividends with an annualized yield of 2.78% and an estimated annual payout of NOK 0.17 per share.

When is the next ex-dividend date for Reach Subsea (REACH)?

The next ex-dividend date is scheduled for May 29, 2027.

What is Reach Subsea (REACH) beta (volatility) score?

Reach Subsea has a beta of -0.110, indicating lower volatility than the overall market.