OB:SUBCEnergy Services
A Look At Subsea 7 (OB:SUBC) Valuation After The New Shell Kaikias Waterflood Contract
Subsea 7 (OB:SUBC) has drawn fresh attention after securing a sizeable contract from Shell for the Kaikias Waterflood project in the deepwater Mars Ursa Basin off the Louisiana coast.
See our latest analysis for Subsea 7.
The Kaikias Waterflood award comes at a time when Subsea 7’s share price has gathered momentum, with a 30 day share price return of 15.78% and a 90 day share price return of 33.63%, contributing to a 1 year total shareholder return of 41.36% and a 5 year total shareholder...