Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Subsea 7 ( (GB:0OGK) ) has shared an announcement.
Subsea 7 reported a robust financial performance for the second quarter and first half of 2025, with a 23% increase in Adjusted EBITDA and a strong backlog of $11.8 billion. The company reaffirmed its full-year guidance, highlighting a merger agreement with Saipem to create a leading global energy services entity, which is expected to enhance its market positioning and operational capabilities.
The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK270.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.
More about Subsea 7
Subsea 7 S.A. operates in the energy services industry, specializing in subsea engineering, construction, and services. The company focuses on delivering solutions for offshore energy projects, including subsea, conventional, and renewable energy sectors, with a strong emphasis on long-cycle subsea markets and offshore wind projects.
Average Trading Volume: 405,307
Current Market Cap: NOK59.86B
For a thorough assessment of 0OGK stock, go to TipRanks’ Stock Analysis page.