OB:SUBCEnergy Services
A Look At Subsea 7 (OB:SUBC) Valuation After Strong Q1 Earnings And Upgraded Revenue Guidance
Why Subsea 7 (OB:SUBC) is Back on Investors’ Radar
Subsea 7 (OB:SUBC) has drawn fresh attention after reporting stronger first quarter 2026 results and lifting its full year revenue guidance to a range of US$7.4b to US$7.8b.
First quarter sales came in at US$1,789.3 million, with net income of US$100.7 million and basic earnings per share from continuing operations of US$0.34. The updated guidance compares with the prior revenue range of US$7.0b to US$7.4b. This provides investors with new...