SPM.MI - Saipem S.p.A.

Milan - Milan Delayed Price. Currency in EUR
3.5100
-0.0460 (-1.29%)
At close: 5:41PM CET
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Previous Close3.5560
Open3.5560
Bid3.51 x 0
Ask3.57 x 0
Day's Range3.5100 - 3.6070
52 Week Range3.0670 - 5.5180
Volume8,031,465
Avg. Volume12,641,417
Market Cap3.497B
Beta (3Y Monthly)1.22
PE Ratio (TTM)N/A
EPS (TTM)-0.63
Earnings DateMar 4, 2019 - Mar 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2013-05-20
1y Target Est5.55
  • Reuters3 days ago

    Saipem revenues will not be impacted by cyber attack

    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 CDP, said ...

  • Reuters3 days ago

    Saipem revenues will not be impacted by cyber attack

    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 ...

  • Rigzone.com3 days ago

    Saipem Reveals Extent of Cyber Attack

    The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

  • Reuters3 days ago

    Saipem says Shamoon variant crippled hundreds of computers

    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.

  • Saipem servers suffer cyber attack in Middle East
    Reuters5 days ago

    Saipem servers suffer cyber attack in Middle East

    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.

  • Saipem servers suffer cyber attack in Middle East
    Reuters5 days ago

    Saipem servers suffer cyber attack in Middle East

    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.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of SPM.MI earnings conference call or presentation 24-Oct-18 6:00am GMT

    Q3 2018 Saipem SpA Earnings Call

  • Reuters2 months ago

    Oil service recovery forecasts lift Europe's Saipem and Aker

    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.

  • Simply Wall St.2 months ago

    Saipem SpA’s (BIT:SPM) Profit Outlook

    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...

  • Simply Wall St.2 months ago

    Is Saipem SpA’s (BIT:SPM) Balance Sheet A Threat To Its Future?

    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...

  • Rigzone.com2 months ago

    Saipem Seals Services Deals Worth $400MM

    Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.

  • Reuters2 months ago

    Italy's state-controlled companies ready to invest 15 bln euros more in next 5 years-PM

    Italy's state-controlled companies are ready to invest a further 15 billion euros in the next 5 years if government reforms are implemented, Prime Minister Giuseppe Conte said on Wednesday. Conte was speaking ...

  • GuruFocus.com4 months ago

    Saipem Rises on New Contracts

    The Italian contractor won 2 projects in Africa

  • Rigzone.com4 months ago

    Saipem Awarded Services Contracts Worth Approximately $700MM

    Saipem announces that it has been awarded services contracts worth approximately $700 million.

  • Reuters5 months ago

    Saipem says contract to transport gas to Serbia was awarded by Gazprom

    MILAN (Reuters) - Italian oil contractor Saipem (SPMI.MI) said it had been awarded a contract to lay pipes to transport gas to Serbia by Gazprom (GAZP.MM) unit Gastrans."For Saipem it is an important ...

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of SPM.MI earnings conference call or presentation 25-Jul-18 7:00am GMT

    Q2 2018 Saipem SpA Earnings Call

  • Reuters5 months ago

    Saipem eyeing engineering acquisitions in shift away from drilling

    Italian oil services company Saipem (SPMI.MI) said it is considering acquisitions in engineering and construction as it shifts its business away from drilling activity, which has dragged on earnings. The company said it may make "targeted investments" in the engineering and construction sector to maintain its leadership, while at the same time considering "strategic options" for its drilling business. The shift in strategy came as the company reported a net loss of 321 million euros (£284.72 million) in the second quarter after booking costs of 316 million euros relating to writedowns, reorganisation costs and a tax settlement of 202 million euros.

  • Rigzone.com5 months ago

    Saudi Aramco Taps Saipem for Pipeline System Contract

    Saipem has won onshore contracts in Asia, Europe, North America and Africa totaling approximately $800 million.

  • Rigzone.com5 months ago

    Saipem-led JV Wins Contract for LNG Project in Nigeria

    Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.

  • Rigzone.com6 months ago

    Saipem Secures 'Pipeline Project' Work Worth $1.3B

    Saipem secures a 'pipeline project' in the Middle East offshore engineering and construction sector worth approximately $1.3 billion.

  • Thomson Reuters StreetEvents7 months ago

    Edited Transcript of SPM.MI earnings conference call or presentation 24-Apr-18 7:00am GMT

    Q1 2018 Saipem SpA Earnings Call

  • Moody's7 months ago

    Saipem Finance International B.V. -- Moody's affirms Saipem's Ba1 rating with stable outlook

    Moody's Investors Service, ("Moody's") has today affirmed the Ba1 corporate family rating (CFR), the Ba1-PD probability of default rating (PDR), and (P)Ba1 senior unsecured MTN program rating of Saipem S.p.A. (Saipem) and the Ba1/(P)Ba1 senior unsecured notes and program ratings of Saipem Finance International B.V. The outlook on all ratings remains stable. The rating action reflects Moody's expectation that adjusted leverage will remain below 4.0x and FFO/debt at around 20% for the next 12 - 18 months despite the company's guidance of further falling EBITDA in 2018. The offshore drilling market has been very weak for a number of years, which has impacted Saipem's operating performance materially.

  • Reuters8 months ago

    Subsea 7 says could change offer if McDermott cooperates

    Norwegian offshore oil services firm Subsea 7 is open to potentially sweetening its $2 billion offer for McDermott if the U.S. company would work with it to identify additional benefits of a deal, Subsea said on Wednesday. "Subsea 7 is open to considering amending its proposal if it can discover additional value through discussions with the McDermott management team," Subsea, one fifth owned by Norwegian billionaire Kristian Siem, said in a statement.

  • Reuters8 months ago

    Saipem scouting around as Subsea 7 bid makes waves

    Italian oil services group Saipem (SPMI.MI) is looking round for growth opportunities after a bid by rival Subsea 7 (SUBC.OL) for U.S. contractor McDermott (MDR.N) sent waves through the sector. "The bid is a sign of consolidation in the sector that needs to be monitored closely," Saipem CEO Stefano Cao said on Tuesday in a conference call after first quarter results. Subsea 7 made an unsolicited offer worth about $2 billion for McDermott on Monday, a deal that could make the Oslo-listed contractor a market leader for subsea equipment.

  • Reuters8 months ago

    Saipem scouting around as Subsea 7 bid makes waves

    Italian oil services group Saipem is looking round for growth opportunities after a bid by rival Subsea 7 for U.S. contractor McDermott sent waves through the sector. "The bid is a sign of consolidation in the sector that needs to be monitored closely," Saipem CEO Stefano Cao said on Tuesday in a conference call after first quarter results. Subsea 7 made an unsolicited offer worth about $2 billion for McDermott on Monday, a deal that could make the Oslo-listed contractor a market leader for subsea equipment.