company background image
SEA1 logo

Sea1 Offshore OB:SEA1 Stock Report

Last Price

NOK 29.75

Market Cap

NOK 4.6b

7D

7.4%

1Y

16.7%

Updated

25 Nov, 2024

Data

Company Financials +

Sea1 Offshore Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sea1 Offshore
Historical stock prices
Current Share PriceNOK 29.75
52 Week HighNOK 37.95
52 Week LowNOK 23.50
Beta1.01
11 Month Change13.55%
3 Month Change-1.00%
1 Year Change16.67%
33 Year Change926.04%
5 Year Change-80.81%
Change since IPO-92.49%

Recent News & Updates

Shareholders In Sea1 Offshore (OB:SEA1) Should Look Beyond Earnings For The Full Story

Nov 07
Shareholders In Sea1 Offshore (OB:SEA1) Should Look Beyond Earnings For The Full Story

There Is A Reason Sea1 Offshore Inc.'s (OB:SEA1) Price Is Undemanding

Aug 22
There Is A Reason Sea1 Offshore Inc.'s (OB:SEA1) Price Is Undemanding

Recent updates

Shareholders In Sea1 Offshore (OB:SEA1) Should Look Beyond Earnings For The Full Story

Nov 07
Shareholders In Sea1 Offshore (OB:SEA1) Should Look Beyond Earnings For The Full Story

There Is A Reason Sea1 Offshore Inc.'s (OB:SEA1) Price Is Undemanding

Aug 22
There Is A Reason Sea1 Offshore Inc.'s (OB:SEA1) Price Is Undemanding

If EPS Growth Is Important To You, Sea1 Offshore (OB:SEA1) Presents An Opportunity

Aug 06
If EPS Growth Is Important To You, Sea1 Offshore (OB:SEA1) Presents An Opportunity

Benign Growth For Sea1 Offshore Inc. (OB:SEA1) Underpins Its Share Price

May 22
Benign Growth For Sea1 Offshore Inc. (OB:SEA1) Underpins Its Share Price

With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Apr 20
With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet

Mar 24
Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet

Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Dec 15
Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Returns At Siem Offshore (OB:SIOFF) Are On The Way Up

Nov 25
Returns At Siem Offshore (OB:SIOFF) Are On The Way Up

With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Sep 21
With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly

Aug 30
Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly

Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Jul 11
Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

Apr 01
Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt

Feb 25
We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt

Investors Will Want Siem Offshore's (OB:SIOFF) Growth In ROCE To Persist

Dec 10
Investors Will Want Siem Offshore's (OB:SIOFF) Growth In ROCE To Persist

Improved Earnings Required Before Siem Offshore Inc. (OB:SIOFF) Stock's 33% Jump Looks Justified

Oct 29
Improved Earnings Required Before Siem Offshore Inc. (OB:SIOFF) Stock's 33% Jump Looks Justified

Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Sep 21
Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Is Siem Offshore (OB:SIOFF) A Risky Investment?

Jun 04
Is Siem Offshore (OB:SIOFF) A Risky Investment?

Siem Offshore (OB:SIOFF) Is Experiencing Growth In Returns On Capital

May 06
Siem Offshore (OB:SIOFF) Is Experiencing Growth In Returns On Capital

Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Mar 02
Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Returns On Capital Are Showing Encouraging Signs At Siem Offshore (OB:SIOFF)

Jan 06
Returns On Capital Are Showing Encouraging Signs At Siem Offshore (OB:SIOFF)

Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Nov 05
Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Siem Offshore's (OB:SIOFF) Robust Earnings Might Be Weaker Than You Think

Sep 02
Siem Offshore's (OB:SIOFF) Robust Earnings Might Be Weaker Than You Think

Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

Sep 01
Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

Auditors Are Concerned About Siem Offshore (OB:SIOFF)

Apr 29
Auditors Are Concerned About Siem Offshore (OB:SIOFF)

Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Mar 30
Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Siem Offshore's (OB:SIOFF) Shareholders Are Down 73% On Their Shares

Feb 23
Siem Offshore's (OB:SIOFF) Shareholders Are Down 73% On Their Shares

Siem Offshore (OB:SIOFF) Takes On Some Risk With Its Use Of Debt

Jan 19
Siem Offshore (OB:SIOFF) Takes On Some Risk With Its Use Of Debt

What These Trends Mean At Siem Offshore (OB:SIOFF)

Dec 15
What These Trends Mean At Siem Offshore (OB:SIOFF)

Shareholder Returns

SEA1NO Energy ServicesNO Market
7D7.4%0.7%1.9%
1Y16.7%4.3%3.2%

Return vs Industry: SEA1 exceeded the Norwegian Energy Services industry which returned 4.3% over the past year.

Return vs Market: SEA1 exceeded the Norwegian Market which returned 3.2% over the past year.

Price Volatility

Is SEA1's price volatile compared to industry and market?
SEA1 volatility
SEA1 Average Weekly Movement5.2%
Energy Services Industry Average Movement5.7%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.6%

Stable Share Price: SEA1 has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SEA1's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,236Bernt Omdalwww.sea1offshore.com

Sea1 Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. It operates platform supply vessels; anchor-handling tug supply vessels; subsea vessels; fast crew and oil spill recovery vessels, and other segments. The company has a fleet of 26 vessels, which includes six platform supply vessels, four offshore subsea construction vessels, two well-intervention vessels, one scientific core drilling vessel, nine anchor handling tug supply vessels, and four fast crew and oil spill recovery vessels.

Sea1 Offshore Inc. Fundamentals Summary

How do Sea1 Offshore's earnings and revenue compare to its market cap?
SEA1 fundamental statistics
Market capNOK 4.57b
Earnings (TTM)NOK 2.99b
Revenue (TTM)NOK 3.96b

1.5x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEA1 income statement (TTM)
RevenueUS$357.54m
Cost of RevenueUS$175.41m
Gross ProfitUS$182.13m
Other Expenses-US$87.44m
EarningsUS$269.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.76
Gross Margin50.94%
Net Profit Margin75.39%
Debt/Equity Ratio88.3%

How did SEA1 perform over the long term?

See historical performance and comparison

Dividends

16.7%

Current Dividend Yield

40%

Payout Ratio