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OTCMKTS:SUBCY

Subsea 7 7/26/2023 Earnings Report

Subsea 7 logo
$19.60 +0.02 (+0.10%)
As of 02:07 PM Eastern

Subsea 7 EPS Results

Actual EPS
$0.06
Consensus EPS
$0.01
Beat/Miss
Beat by +$0.05
One Year Ago EPS
N/A

Subsea 7 Revenue Results

Actual Revenue
$1.52 billion
Expected Revenue
$1.36 billion
Beat/Miss
Beat by +$160.80 million
YoY Revenue Growth
N/A

Subsea 7 Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Subsea 7's next earnings date is estimated for Thursday, July 31, 2025, based on past reporting schedules.

Conference Call Resources

Subsea 7 Earnings Headlines

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About Subsea 7

Subsea 7 (OTCMKTS:SUBCY) S.A. (OTCMKTS:SUBCY) is a global leader in the delivery of offshore engineering, construction and services to the energy industry. The company specializes in subsea umbilical, riser and flowline (SURF) systems, providing integrated solutions for the installation and maintenance of complex subsea infrastructure. Its capabilities extend across project management, engineering design, fabrication, installation and life-of-field services, enabling clients to develop and sustain oil and gas fields in challenging offshore environments.

Formed through the 2011 merger of Acergy S.A. and Subsea 7 Inc., the company traces its roots back to pioneering North Sea operations in the 1970s. Since then, Subsea 7 has expanded its reach to cover all major offshore basins, including the Americas, West Africa, the Middle East, Asia Pacific and the Gulf of Mexico. The firm’s fleet comprises an array of specialized pipelay vessels and diving support vessels, capable of executing deepwater and ultra-deepwater projects, as well as shallow-water assignments.

Headquartered in London, Subsea 7 is overseen by a board of directors chaired by Kristian Røkke, with a global executive team led by CEO Kristian J. Conradi. The company’s focus on technological innovation and operational excellence supports a broad portfolio of subsea construction and inspection, repair and maintenance services that cater to national, independent and supermajor energy clients worldwide.

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