SBM Offshore : Publication S1 2020 > attentes, guidance marginalement relevée
>Recommandation Achat : un modèle de résilience - Nous maintenons notre recommandation Achat sur le titre avec un OC de 18 €. Comme escompté, le positionnement sur le métier du Lease&Operate (l&O) est un vrai élément de différenciation par rapport aux autres acteurs des services pétroliers. Le titre surperforme nettement notre échantillon sectoriel (-16 % Ytd vs -50% en moyenne !). La publication est rassurante et l’ajustement à la marge de la guidance devrait rassur...SBM Offshore is a holding company. Co. provides floating production solutions to the offshore energy industry, over the full product life-cycle. Co.'s main activities are the design, supply, installation, operation and life extension of floating production, storage and offloading (FPSO) vessels. Other products include semi-submersibles, tension-leg platforms, floating production storage and offloading liquefied natural gas, turret mooring systems, brownfield and offshore (off) loading terminals. As of Dec 31 2015, Co.'s fleet consisted of 10 FPSOs, two floating storage and offloadings, one mobile offshore production unit, one semisubmersible in operation worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.