OTC : SAPMF

Saipem S.p.A. — News

$5 USD

$0.12 (2.46%)

Volume
300
Average Volume
3.36K
Market Capitalization
$9.7B
P/E Ratio
27.17
Dividend Yield
3.92%
Price Target
Year High
$5.70
Year Low
$2.50
Day High
Day Low
Payout Ratio
$2.13
Current Ratio
$0.78
Source Headline
Are Oils-Energy Stocks Lagging Saipem (SAPMF) This Year?

Here is how Saipem (SAPMF) and Valvoline (VVV) have performed compared to their sector so far this year.

zacks.com - 2026-07-23 10:41:14

Saipem, Subsea 7 deal may lead to price hikes, EU antitrust regulators warn

Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 may lead to price ​hikes and less innovation, EU antitrust regulators warned on ‌Wednesday as they opened a full-scale investigation.

reuters.com - 2026-07-22 11:06:21

Turkey's competition authority approves Saipem's merger with Subsea7

Turkey's competition authority has approved the merger between Italian ​energy contractor Saipem and its Norwegian ‌rival Subsea7 , an update published on the authority's website showed.

reuters.com - 2026-07-22 09:33:55

Saipem, Subsea 7 deal faces EU antitrust investigation, sources say

EU antitrust regulators are ​set to open ‌a full-scale investigation into Saipem's merger with ​Norwegian peer ​Subsea 7 because of ⁠competition concerns, people ​with direct knowledge ​of the matter said.

reuters.com - 2026-07-10 09:13:49

Saipem Lands New FPSO Contract for Offshore Development in Indonesia

SAPMF is set to secure a $2B FPSO EPCI contract in Indonesia's Kutei Basin, strengthening its floating production market position and backlog.

zacks.com - 2026-07-09 13:20:13

Australia orders in-depth review of Exxon-opposed Subsea7-Saipem merger

An Australian watchdog said on Friday the proposed merger between energy contractors Subsea7 and Saipem ​will proceed to a Phase 2 review, citing ‌concerns that a deal could trim competition in domestic offshore oil and gas projects.

reuters.com - 2026-07-02 21:58:53

Saipem and Subsea7 Progress Merger Amid Saudi Asset Sale

SAPMF advances its SUBCY merger with Brazil's approval while selling its Saudi shallow-water drilling business for $285 million to sharpen its offshore focus.

zacks.com - 2026-06-26 10:26:26

Saipem Secures New Offshore Contract for the Greater PAJ Development

SAPMF lands a $1 billion offshore deal for the Greater PAJ project from Azule Energy, covering deepwater subsea infrastructure and installation work.

zacks.com - 2026-06-24 13:52:12

Saipem to sell Saudi shallow-water drilling business to ADES for $285 mln

Italian energy contractor Saipem has agreed to sell its shallow-water offshore drilling ​business in Saudi Arabia in a ‌deal worth $285 million, the company said on Wednesday.

reuters.com - 2026-06-24 03:15:09

Brazil antitrust agency approves Subsea7-Saipem merger without restrictions

The ​general superintendence of Brazil's antitrust watchdog ‌CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document ​seen by Reuters showed on Tuesday.

reuters.com - 2026-06-23 16:44:12

Saipem: Guidance Likely Stays Affirmed Into Next Quarter Despite Hormuz

Saipem SpA maintains constructive guidance, with project delivery in the Middle East largely unaffected and payment flows stable despite regional disruptions. SAPMF's margin profile continues to improve as legacy backlog is digested, though lease expenses and D&A from a growing fleet weigh on EBIT. The upcoming 50:50 merger with Subsea 7 undervalues SAPMF, but it's still going to end up cheaper than FTI.

seekingalpha.com - 2026-06-23 10:00:51

Petrobras Inks Strategic Offshore Decommissioning Deal With Saipem

PBR signs offshore decommissioning pact with Saipem as Brazil expands infrastructure retirement and well abandonment projects.

zacks.com - 2026-05-22 09:15:48

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SAPMF Price Target Summary

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SAPMF Recent Analyst Grades

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