SIEM OFFSHORE NEW DL 1

SIEM OFFSHORE NEW DL 1

S5H0 · F · Energy / Oil & Gas Equipment & Services

2.37EUR-0.05 (-2.07%)

Price History

Full chart

Market Stats

Previous Close2.42
Open2.37
Day Range2.37 – 2.37
52-Week Range1.42 – 2.91
Volume0
Market Cap403.82M
P/E (TTM)6.12
Forward P/E8.01
EPS0.43
Dividend Yield0.00%
Beta0.34
50-Day Avg2.58
200-Day Avg2.45

About

Sea1 Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry. The company operates through Subsea Vessels; Anchor-Handling Tug Supply (AHTS) Vessels; Platform Supply Vessels (PSVs); Fast Crew & Oil Spill Recovery Vessels; and Other segments. It provides offshore vessel activities, such as anchor handling and towing, platform supply, oil spill recovery, well intervention services, and subsea operations. As of March 2026, the companies fleet comprised of 15 vessels, including one offshore subsea construction vessel, two well-intervention vessels, six anchor handling, tug and supply vessels, two platform supply vessels, four fast crew, and oil spill recovery vessels. It operates in the North Sea, Brazil, Australia, Canada, Southeast Asia, South America and West Africa. The company was formerly known as Siem Offshore Inc. and changed its name to Sea1 Offshore Inc. in May 2024. Sea1 Offshore Inc. was founded in 2005 and is headquartered in Kristiansand, Norway.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Bernt Omdal
  • Employees756
  • HeadquartersKjøita 18, Kristiansand, Norway, 4630, Germany
  • Websitehttps://www.sea1offshore.com

Leadership

  • Mr. Bernt OmdalChief Executive Officer · b. 1966
  • Mr. Vidar JerstadChief Financial Officer · b. 1972
  • Mr. Tore LillestoCOO & GM · b. 1974
  • Mr. Tor Asbjorn GraendsenChief Human Resources Officer · b. 1972
  • Mr. Andreas KjolChief Commercial Officer · b. 1970
  • Jon August HougeESG Director

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue274.31M336.03M340.82M271.55M
Growth (%)-+22.50%+1.43%-20.33%
Cost of Revenue159.02M165.68M150.02M115.23M
Gross Profit115.28M170.35M190.80M156.32M
Gross Margin42.03%50.70%55.98%57.57%
Operating Expense75.81M73.89M82.90M58.09M
Operating Income39.47M96.46M107.90M98.23M
Operating Margin14.39%28.71%31.66%36.18%
EBITDA115.16M256.34M291.27M193.75M
EBITDA Margin41.98%76.29%85.46%71.35%
Net Income30.90M174.51M172.76M113.75M
Net Income Margin11.26%51.93%50.69%41.89%
Interest Expense23.37M34.21M29.16M26.52M
Interest Expense % of Total Revenue8.52%10.18%8.55%9.77%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets1.02B1.09B818.48M801.37M
Total Liabilities660.07M557.79M412.49M370.48M
Total Equity363.08M534.26M405.99M430.89M
Cash94.95M97.33M60.70M86.36M
Net Debt494.66M378.82M285.19M208.50M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow84.17M137.62M131.07M128.15M
Capital Expenditure24.92M33.49M52.86M86.42M
Free Cash Flow59.25M104.13M78.21M41.73M
Dividends Paid--72.84M94.18M
FCF to OCF70.39%75.66%59.67%32.56%
Dividend Paid to FCF--93.14%225.70%

Earnings

Report DateMar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Nov 6, 2026
EPS Estimate-0.03-0.010.01-0.010.13
EPS Actual-0.02-0.08-0.010.00-
Surprise33.33%-700.00%-200.00%100.00%-
Timing----After-hours

Key Statistics & Ratios

Market Cap403.82M
Enterprise Value645.99M
Trailing P/E6.12
Forward P/E8.01
Price / Sales1.42
Price / Book1.12
EPS0.43
Book Value2.34
Revenue (TTM)283.81M
Gross Profit (TTM)158.58M
EBITDA99.09M
Profit Margin27.37%
Operating Margin35.23%
Return on Equity19.04%
Return on Assets4.35%
Shares Outstanding153.54M
Shares Float153.50M
Beta0.34
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20261×
0.37Apr 7, 2026
20251×
0.65Jan 14, 2025
20241×
0.46Aug 23, 2024
20141×
0.92May 6, 2014

Stock Splits

  • Jun 2, 20211:100