|Bid||0.000 x 1180000|
|Ask||0.000 x 1180000|
|Day's Range||1.114 - 1.128|
|52 Week Range||0.871 - 1.376|
|PE Ratio (TTM)||56.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Marco Polo Drilling will withdraw its claims in the arbitration. Sembcorp Marine (Sembmarine) updated its contractual dispute with Marco Polo Drilling (MPD) after the two have been called into arbitration proceedings in 2016. According to an announcement, Sembmarine, through a subsidiary, entered an into a settlement agreement on a without admission of fault with MPD and Marco Polo Marine (MPM).
Sembcorp Marine is one of the largest oil rig builders in the world. The firm also has capabilities in performing repairs and upgrades of vessels, marine and offshore structures, among others. On 6 and 8 November 2017, Sembcorp Marine bought back a total of 300,000 shares at a price range of between S$1.9614 and S$1.9696 per share.
Sembcorp Marine is back in the black after it recovered from loss of $21.80m to a net profit of $2.70m in Q3. According to OCBC Investment Research, revenue fell 64.3% YoY to $316.9m. "Oil prices have firmed slightly along its one-year price range of between US$46 to US$60/bbl, and with this encouraging trend, upstream oil and gas investment activities have started to show signs of improvement," OCBC analyst Low Pei Han said.
It will reduce 30% of grid-supplied electricity during peak load. Sembcorp Marine and Singapore Power Group (SP) inked a deal to develop a solar energy digital system at the local Sembcorp Marine Tuas ...
Sembcorp Marine sold 15 rigs to Borr Drilling for US$1.3b. This chart from DBS Bank shows the sales volume of oil rigs have risen from 20 units to 26 units in Q2. Amongst the units sold in Q2, 15 were ...
Profits from its five rig building contracts have long been reversed out since 2015. Sembcorp Marine's recently disposed rigs from a contract with Oro Negro fell 35% from the original price of US$209m to $185.5m (US$136m). Profits from Perisai Petroleum have been reversed out 2x and from Oro Negro 3x.
The cost of the disposed Oro Negro rigs fell 35% from original price. Sembcorp Marine's recently disposed rigs from a contract with Oro Negro fell 35% from the original price of US$209m to $185.5m (US$136m). ...
Their worth is a 30% drop from the original value. Sembcorp Marine disposed nine jackup rigs to Borr Drilling Limited (Borr) for $1.8b (US$1.3b). According to DBS Equity Research, the price suggests an ...
Sembcorp Marine said it has signed a deal worth over $1.3 billion with Borr Drilling to sell nine jack-up oil drilling rigs.
Delivery of three jack-up rigs has been deferred. Sembcorp Marine's wholly-owned subsidiary PPL Shipyard terminated contracts with Oro Negro for the construction of three jack-up rigs. According to an ...
Categories: Yahoo FinanceGet free summary analysis Sembcorp Marine Ltd. reports financial results for the quarter ended June 30, 2017. Highlights Summary numbers: Revenues of EUR 427.58 million, Net Earnings of EUR 3.65 million. Gross margins narrowed from 11.49% to 11.48% compared to the same period last year, operating (EBITDA) margins now 15.51% from 12.80%. Change in operating ... Read more (Read more...)
Categories: Yahoo Finance Get free summary analysis Sembcorp Marine Ltd. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of EUR 545.88 million, Net Earnings of EUR 22.56 million. Gross margins widened from -24.94% to 4.05% compared to the same period last year, operating (EBITDA) margins now 7.15% from -35.35%. Change in operating ... Read more (Read more...)