|Bid||3.9330 x 0|
|Ask||3.9360 x 0|
|Day's Range||3.9090 - 3.9700|
|52 Week Range||3.0860 - 5.5180|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.47|
Does the April share price for Saipem S.p.A. (BIT:SPM) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by estimating the company's future cash flows and discounting them to their present value...
Qatar Petroleum has invited three groups to bid for engineering procurement and construction packages on liquefied natural gas mega-trains as it expands production at its North Field reservoir, the company ...
MILAN/LONDON, March 15 (Reuters) - Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters. Saipem, controlled by Italian state lender CDP and oil major Eni, needs joint venture deals to revive growth and underpin its balance sheet after years of falling margins. Saipem has been reviewing options for its onshore and offshore assets for the past nine months in an effort to find a partner that would help it to cut costs, the sources said.
MILAN (Reuters) - A Rome court has upheld a fine imposed on Petrofac CEO Ayman Asfari by Italian market watchdog Consob for alleged insider trading in Saipem shares, a spokesman for the British oil services ...
An Italian judge has ordered oil contractor Saipem and former executives to stand trial on charges of market manipulation and false accounting, the company said on Friday, confirming an earlier report. The trial, revolving around a profit warning issued in 2013 which sent Saipem shares sharply lower, is set to begin on May 23 in Milan. Former Chief Executives Pietro Tali and Umberto Vergine are among the managers to be sent to trial.
Saipem has secured 2 EPIC contracts (Engineering, Procurement, Installation, Construction) with Saudi Aramco worth approximately $1.3 billion.
MILAN (Reuters) - A cyber attack on Italian oil service contractor Saipem will have no impact on the group's revenues, a spokesman said on Thursday. Saipem, controlled by oil major Eni and Italian state-lender ...
MILAN/NEW YORK (Reuters) - A hack on Italian oil services firm Saipem (SPMI.MI) that crippled more than 300 of the company's computers used a variant of the notorious Shamoon virus, Saipem said, a development that links the case to a massive attack in 2012 on Saudi Aramco. "The cyber attack hit servers based in the Middle East, India, Aberdeen and in a limited way Italy through a variant of Shamoon malware," the company said in a statement on Wednesday. The Shamoon virus was used in some of the most damaging cyber attacks in history, starting in 2012 when it crippled tens of thousands of computers at Saudi Aramco and RasGas Co Ltd in the Middle East - attacks that cybersecurity researchers said were conducted on behalf of Iran.
Italian oil services company Saipem (SPMI.MI) said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East. Saipem's head of digital and innovation, Mauro Piasere, told Reuters the attack had originated in Chennai, India. Servers in Saudi Arabia, the United Arab Emirates and Kuwait had been attacked as too, partially, had infrastructure in Aberdeen in Scotland, he said.
MILAN/OSLO (Reuters) - Major European oil service groups Saipem (SPMI.MI) and Aker Solutions (AKSOL.OL) gave investors in the struggling sector a rare ray of hope on Wednesday by signalling signs of recovery. The oil service industry was badly hit by falling crude prices in 2014-2016 when oil companies cut exploration and new developments to preserve cash for dividends. "The market is showing signs of a change in trend compared to recent years," Saipem's chief executive Stefano Cao said, adding that challenges remained.
Saipem SpA’s (BIT:SPM): Saipem S.p.A., together with its subsidiaries, engages in the drilling, engineering, procurement, construction, and installation businesses worldwide. The company’s loss has recently broadened since it announced a Read More...
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Saipem SpA (BIT:SPM), with a market cap of €4.9b, often get neglected Read More...