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Sea1 Offshore Inc.OB:SEA1 Stock Report

Market Cap NOK 3.9b
Share Price
n/a
1Y0%
7D3.3%
1D3.1%
Portfolio Value
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Sea1 Offshore Inc.

OB:SEA1 Stock Report

Market Cap: NOK 3.9b

SEA1 Community Fair Values

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See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Sea1 Offshore Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sea1 Offshore
Historical stock prices
Current Share PriceNOK 25.25
52 Week HighNOK 36.35
52 Week LowNOK 19.36
Beta0.37
1 Month Change-5.96%
3 Month Change-28.27%
1 Year Change0%
3 Year Change14.77%
5 Year Change531.25%
Change since IPO-93.62%

Recent News & Updates

Narrative Update Jun 26

SEA1: Higher Margins And New Auditor Will Support Future Upside

Analysts have lifted their price target for Sea1 Offshore from about NOK25.01 to roughly NOK31.91, citing updated assumptions for higher revenue growth, stronger profit margins, a lower future P/E multiple and a revised discount rate. What's in the News for Sea1 Offshore At the AGM held on April 24, 2026, Sea1 Offshore Inc.
Analysis Article Jun 16

Sea1 Offshore's (OB:SEA1) Shareholders Have More To Worry About Than Only Soft Earnings

Sea1 Offshore Inc.'s ( OB:SEA1 ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...

Recent updates

Narrative Update Jun 26

SEA1: Higher Margins And New Auditor Will Support Future Upside

Analysts have lifted their price target for Sea1 Offshore from about NOK25.01 to roughly NOK31.91, citing updated assumptions for higher revenue growth, stronger profit margins, a lower future P/E multiple and a revised discount rate. What's in the News for Sea1 Offshore At the AGM held on April 24, 2026, Sea1 Offshore Inc.
Analysis Article Jun 16

Sea1 Offshore's (OB:SEA1) Shareholders Have More To Worry About Than Only Soft Earnings

Sea1 Offshore Inc.'s ( OB:SEA1 ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...
Narrative Update Feb 02

SEA1: Extended Contract And Oslo Listing Plans Will Support Upside

Analysts have adjusted their price target for Sea1 Offshore to reflect updated assumptions around the discount rate, profit margin, and future P/E. The revised fair value is now estimated at $30.35 per share.
Narrative Update Jan 19

SEA1: Extended Brazil Contract And Oslo Listing Plans Will Support Upside

Analysts have trimmed their price target for Sea1 Offshore to $30.35, reflecting slightly lower assumed discount rates and modest tweaks to long term profit margin and P/E expectations. What's in the News The contract for the Oil Spill Recovery Vessel Sea1 Maragogi has been extended by one additional year of firm period, taking the vessel's firm commitment up to January 2027 (Client announcement).
Narrative Update Jan 05

SEA1: Brazil Contract And Euronext Growth Oslo Listing Will Support Upside Potential

Analysts have kept their valuation view on Sea1 Offshore broadly steady, with the implied fair value holding at about $30.35 per share, as only minor tweaks to the discount rate, long term profit margin assumptions and future P/E feed into an essentially unchanged price target narrative. What's in the News An Extraordinary General Meeting on 12 December 2025 approved amendments to Sea1 Offshore Inc.'s articles of association, updating the company's formal governance framework (Key Developments).
Narrative Update Dec 18

SEA1: Brazil Contract Will Drive Future Upside As Listing Shift Nears

Analysts have modestly lowered their price target on Sea1 Offshore to reflect a slightly reduced future valuation multiple, trimming the fair value estimate by approximately $0.00 to about $30.35 per share while maintaining largely unchanged assumptions for revenue growth and profit margins. What's in the News Shareholders at an Extraordinary General Meeting on 12 December 2025 approved amendments to Sea1 Offshore Inc.'s articles of association, formalizing previously proposed changes to the company bylaws (Key Developments).
Narrative Update Dec 04

SEA1: Brazil Contract Will Drive Upside As Listing Shift Nears

Analysts have raised their price target on Sea1 Offshore slightly to reflect a modest improvement in future earnings multiples, now valuing the shares at approximately $30.35 per share. What's in the News Sea1 Offshore has called a Special and Extraordinary Shareholders Meeting for December 12, 2025, to be held at the offices of Conyers Dill and Pearman in London, United Kingdom (company filing).
Narrative Update Nov 19

SEA1: New Brazil Contract Will Strengthen Prospects as Listing Vote Approaches

Narrative Update on Sea1 Offshore Analysts have slightly raised their price target for Sea1 Offshore from $30.29 to $30.35. This change reflects updated views on discount rates and future earnings expectations.
Analysis Article Nov 08

Weak Statutory Earnings May Not Tell The Whole Story For Sea1 Offshore (OB:SEA1)

Despite Sea1 Offshore Inc.'s ( OB:SEA1 ) recent earnings report having lackluster headline numbers, the market...
Narrative Update Nov 04

SEA1: Lower Discount Rate And New Brazil Contract Will Drive Future Upside

Analysts have slightly lowered their price target for Sea1 Offshore to $30.29 from $30.70. This adjustment is due to modest improvements in discount rate and profit margin, along with more cautious revenue growth expectations.
Analysis Article Nov 03

Sea1 Offshore Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Sea1 Offshore Inc. ( OB:SEA1 ) last week reported its latest quarterly results, which makes it a good time for...
Narrative Update Oct 21

Analysts Lower Sea1 Offshore Target as Valuation Drops Despite Contract Win and Margin Gains

Analysts have revised their price target for Sea1 Offshore downward by approximately $2.69. They now estimate a fair value of $30.70 per share, citing updated expectations for revenue growth and profit margin improvements.
Narrative Update Aug 19

Viking Deals And Offshore Builds Will Boost Fleet Amid Risks

Sea1 Offshore's consensus revenue growth outlook has improved notably, reducing the expected annual decline, but the sharp rise in its future P/E ratio highlights a richer valuation, supporting an increased analyst price target from NOK30.90 to NOK33.39. What's in the News Sea1 Offshore's Board of Directors has authorized a share buyback plan.
Analysis Article May 29

Sea1 Offshore Inc.'s (OB:SEA1) 29% Price Boost Is Out Of Tune With Revenues

Sea1 Offshore Inc. ( OB:SEA1 ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...
Analysis Article May 09

Concerns Surrounding Sea1 Offshore's (OB:SEA1) Performance

Following the solid earnings report from Sea1 Offshore Inc. ( OB:SEA1 ), the market responded by bidding up the stock...
Analysis Article May 03

Sea1 Offshore Inc. Just Recorded A 93% EPS Beat: Here's What Analysts Are Forecasting Next

Sea1 Offshore Inc. ( OB:SEA1 ) defied analyst predictions to release its first-quarter results, which were ahead of...
Analysis Article Apr 19

We Take A Look At Why Sea1 Offshore Inc.'s (OB:SEA1) CEO Has Earned Their Pay Packet

Key Insights Sea1 Offshore's Annual General Meeting to take place on 25th of April Total pay for CEO Bernt Omdal...
Analysis Article Mar 18

Pinning Down Sea1 Offshore Inc.'s (OB:SEA1) P/S Is Difficult Right Now

It's not a stretch to say that Sea1 Offshore Inc.'s ( OB:SEA1 ) price-to-sales (or "P/S") ratio of 0.9x seems quite...
Analysis Article Feb 19

Sea1 Offshore Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Shareholders might have noticed that Sea1 Offshore Inc. ( OB:SEA1 ) filed its full-year result this time last week. The...
User avatar
New Narrative Feb 11

The Energy Services Industry's PE Ratio May Rise, But Regional Risks Could Impact Future Performance

Heavy reliance on specific regions and market volatility could adversely impact revenue growth, consistency, and asset utilization amid increasing competition and limited opportunities.
Analysis Article Jan 12

Sea1 Offshore (OB:SEA1) Shareholders Will Want The ROCE Trajectory To Continue

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 18

Is Now The Time To Put Sea1 Offshore (OB:SEA1) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 07

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

Even though Sea1 Offshore Inc. ( OB:SEA1 ) posted strong earnings recently, the stock hasn't reacted in a large way. We...
Analysis Article Aug 22

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

Sea1 Offshore Inc.'s ( OB:SEA1 ) price-to-earnings (or "P/E") ratio of 3.2x might make it look like a strong buy right...
Analysis Article Aug 06

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 22

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

With a price-to-earnings (or "P/E") ratio of 4.6x Sea1 Offshore Inc. ( OB:SEA1 ) may be sending very bullish signals at...
Analysis Article Apr 20

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 24

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 15

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 25

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

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Sep 21

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Aug 30

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jul 11

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Apr 01

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Feb 25

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

SEA1NO Energy ServicesNO Market
7D3.3%-0.06%0.9%
1Y0%30.0%10.1%

Return vs Industry: SEA1 underperformed the Norwegian Energy Services industry which returned 30% over the past year.

Return vs Market: SEA1 underperformed the Norwegian Market which returned 10.1% over the past year.

Price Volatility

Is SEA1's price volatile compared to industry and market?
SEA1 volatility
SEA1 Average Weekly Movement5.5%
Energy Services Industry Average Movement4.8%
Market Average Movement5.3%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.9%

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
2005756Bernt Omdalwww.sea1offshore.com

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.

Sea1 Offshore Inc. Fundamentals Summary

How do Sea1 Offshore's earnings and revenue compare to its market cap?
SEA1 fundamental statistics
Market capNOK 3.88b
Earnings (TTM)NOK 1.18b
Revenue (TTM)NOK 2.70b
3.3x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEA1 income statement (TTM)
RevenueUS$274.99m
Cost of RevenueUS$119.22m
Gross ProfitUS$155.77m
Other ExpensesUS$35.93m
EarningsUS$119.84m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 14, 2026

Earnings per share (EPS)0.78
Gross Margin56.65%
Net Profit Margin43.58%
Debt/Equity Ratio72.3%

How did SEA1 perform over the long term?

See historical performance and comparison

Dividends

15.7%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/03 23:00
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sea1 Offshore Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Salman AlamCarnegie Investment Bank AB
Aleksander ErstadDNB Carnegie
Kristian AarliDNB Carnegie