Subsea 7 S.A.

OB:SUBC Stock Report

Market Cap: NOK 53.5b

Subsea 7 Management

Management criteria checks 3/4

Subsea 7's CEO is John Evans, appointed in Jan 2020, has a tenure of 5.08 years. total yearly compensation is $1.54M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth NOK21.12M. The average tenure of the management team and the board of directors is 5.1 years and 6.8 years respectively.

Key information

John Evans

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage45.9%
CEO tenure5.1yrs
CEO ownership0.04%
Management average tenure5.1yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

Subsea 7 (OB:SUBC) Is Doing The Right Things To Multiply Its Share Price

Feb 15
Subsea 7 (OB:SUBC) Is Doing The Right Things To Multiply Its Share Price

Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Jan 31
Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Jan 15
Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

We Think Subsea 7's (OB:SUBC) Profit Is Only A Baseline For What They Can Achieve

Nov 29
We Think Subsea 7's (OB:SUBC) Profit Is Only A Baseline For What They Can Achieve

Results: Subsea 7 S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 24
Results: Subsea 7 S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

There's Been No Shortage Of Growth Recently For Subsea 7's (OB:SUBC) Returns On Capital

Nov 02
There's Been No Shortage Of Growth Recently For Subsea 7's (OB:SUBC) Returns On Capital

Shareholders Should Be Pleased With Subsea 7 S.A.'s (OB:SUBC) Price

Oct 18
Shareholders Should Be Pleased With Subsea 7 S.A.'s (OB:SUBC) Price

Subsea 7 S.A. (OB:SUBC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 28
Subsea 7 S.A. (OB:SUBC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Is Subsea 7 (OB:SUBC) Using Too Much Debt?

Jul 12
Is Subsea 7 (OB:SUBC) Using Too Much Debt?

The Returns At Subsea 7 (OB:SUBC) Aren't Growing

Jun 24
The Returns At Subsea 7 (OB:SUBC) Aren't Growing

It Looks Like The CEO Of Subsea 7 S.A. (OB:SUBC) May Be Underpaid Compared To Peers

Apr 26
It Looks Like The CEO Of Subsea 7 S.A. (OB:SUBC) May Be Underpaid Compared To Peers

Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon

Apr 17
Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon

Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings

Mar 30
Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings

Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price

Mar 22
Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price

Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts

Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital

Feb 23
Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital

CEO Compensation Analysis

How has John Evans's remuneration changed compared to Subsea 7's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$162m

Jun 30 2024n/an/a

US$103m

Mar 31 2024n/an/a

US$62m

Dec 31 2023US$2mUS$708k

US$15m

Sep 30 2023n/an/a

US$60m

Jun 30 2023n/an/a

US$29m

Mar 31 2023n/an/a

US$52m

Dec 31 2022US$1mUS$656k

US$57m

Sep 30 2022n/an/a

US$27m

Jun 30 2022n/an/a

US$68m

Mar 31 2022n/an/a

US$15m

Dec 31 2021US$1mUS$689k

US$32m

Sep 30 2021n/an/a

-US$68m

Jun 30 2021n/an/a

-US$154m

Mar 31 2021n/an/a

-US$1b

Dec 31 2020US$791kUS$568k

-US$1b

Compensation vs Market: John's total compensation ($USD1.54M) is above average for companies of similar size in the Norwegian market ($USD1.07M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Evans (61 yo)

5.1yrs

Tenure

US$1,541,500

Compensation

Mr. John Evans serves as Director at Seaway 7 ASA since October 01, 2021. He has been Chief Executive Officer of Subsea 7 SA since January 1, 2020 and served as its Chief Operating Officer since July 2005...

Leadership Team

NamePositionTenureCompensationOwnership
John Evans
Chief Executive Officer5.1yrsUS$1.54m0.039%
NOK 21.1m
Mark Foley
Chief Financial Officer3.1yrsUS$778.30k0.0014%
NOK 744.1k
Phillip Simons
Executive Vice President of Projects & Operations5.1yrsno data0.0077%
NOK 4.1m
Katherine Tonks
Head of Investor Relations & Investor Relations Directorno datano datano data
Nathalie Louys
General Counsel12.8yrsno data0.0097%
NOK 5.2m
Katherine Lyne
Executive Vice President of Human Resources5.4yrsno data0.0085%
NOK 4.6m
Olivier Blaringhem
Executive Vice President of Subsea & Conventional5.1yrsno data0.0088%
NOK 4.7m
Philippe Gleize
MD of Seaway 7 Integrated Projects & Floating Wind Business Unitno datano datano data
Marcelo Xavier
Executive Vice President of Strategy & Sustainability2.8yrsno data0.0015%
NOK 829.8k
Stuart Fitzgerald
Chief Executive Officer of Seaway72.1yrsno data0.014%
NOK 7.5m

5.1yrs

Average Tenure

55yo

Average Age

Experienced Management: SUBC's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jean Cahuzac
Independent Director16.8yrsUS$115.00k0%
NOK 0
David Mullen
Senior Independent Director6.8yrsUS$136.00k0.0051%
NOK 2.7m
Kristian Siem
Chairman14.1yrsUS$215.00kno data
Eldar Saetre
Independent Non-Executive Director3.7yrsUS$121.68k0.0024%
NOK 1.3m
Elisabeth Van Heeswijk
Independent Non-Executive Director1.8yrsUS$78.81k0.00028%
NOK 149.9k
Niels Kirk
Independent Non-Executive Director6.8yrsUS$115.00kno data
Louisa Siem
Non-Executive Director3.7yrsUS$105.00kno data

6.8yrs

Average Tenure

67yo

Average Age

Experienced Board: SUBC's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 07:12
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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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

Subsea 7 S.A. is covered by 56 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Mark van der GeestABN AMRO Bank N.V.
Kjetil GarstadArctic Securities ASA