Saipem SpA (SAPMY)
| Previous Close | 0.4400 |
| Open | 0.4053 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 0.4053 - 0.4100 |
| 52 Week Range | 0.2100 - 0.5100 |
| Volume | |
| Avg. Volume | 10,157 |
| Market Cap | 4.624B |
| Beta (5Y Monthly) | 1.98 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0500 |
| Earnings Date | Jul 24, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jul 15, 2022 |
| 1y Target Est | N/A |
Zacks3 Potential Opportunities in the Oil & Gas Drilling Industry
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, HP and PDS.
ReutersSaipem expects low impact from Saudi Aramco's contracts suspension
Italy's Saipem said on Tuesday that a temporary suspension of oil drilling contracts by Saudi Aramco would have a low impact, leaving its 2024 targets within reach. Saudi Arabia's government in January ordered Aramco to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels per day (bpd), one million bpd below a goal announced in 2020. As a result more than 20 jack-ups, or shallow water drilling rigs, were expected to be suspended in the coming months, said Oslo-based firm Esgian which tracks drilling rigs.
ReutersItaly's Saipem says first-quarter core earnings jump 40%
Italian energy contractor Saipem said on Monday its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at its offshore engineering and construction business. Adjusted core earnings increased to 268 million euros ($285 million) from 191 million euros in the same period of last year.
