SBM Offshore upgrades annual revenue, profit outlook after ExxonMobil sale. Shares up 6.76% at 12.47 euros at 0811 GMT, on track for their best day in over two years.
2023-08-23
positive
'Pioneer' Canadian offshore wind farm announced in Halifax | CBC News
Nova East Wind wants to install 20-25 floating wind turbines 25 km off Goldboro, N.S. The company is a partnership between majority owner SBM Offshore and developer DP Energy. The electricity is intended for domestic consumption to replace energy currently generated by Nova Scotia Power's coal-fired plants.
2023-07-13
positive
Here's Why We Think SBM Offshore (AMS:SBMO) Might Deserve Your Attention Today
Many investors prefer to focus on companies like SBM Offshore (AMS:SBMO), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. The company should be pleased to report its revenue growth for the period of 31% to US$4.9b. The chart below shows how the company's bottom and top lines have progressed over time.
2023-05-11
negative
SBM Offshore quarterly revenue drops 24% on one-off divestment
Dutch oil and gas services firm SBM Offshore reported a 24% drop in first-quarter revenue. Group revenue fell to $742 million for the first three months of 2023, compared with $970 million a year earlier.
2023-05-11
negative
SBM Offshore quarterly revenue drops 24% on one-off...
Dutch oil and gas services firm SBM Offshore reported a 24% drop in first-quarter revenue. Group revenue fell to $742 million for the first three months of 2023, compared with $970 million a year earlier. divestment of a 45% interest in floating production storage and offloading (FPSO) vessels.
2023-02-24
neutral
SBM Offshore sees 2023 revenue above $2.9 bln, raises dividend
Dutch oil and gas services firm SBM Offshore forecast on Thursday an annual revenue of above $2.9 billion for 2023. The group reported an EBITDA of $1.01 billion for 2022, roughly in line with the company-provided consensus. Group recorded a one-off impairment of $92 million from the shutdown of FPSO Cidade de Anchieta.
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