Report
Steve O'Hare

SBM Offshore

​Oil prices have turned sharply higher over recent months whilst global longer term demand continues to push higher. SBMO looks well placed to leverage the opportunity as a result of its international footprint and impressive order backlog

Underlying
SBM Offshore NV

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.

Provider
PIA First
PIA First

PIA-First provides professional analysis and trading strategies for FX, Equity Indices and Commodities. Each day, our analytical reports are published across multiple time zones highlighting our short term trading ideas. Our new premium individual stock reports incorporate both fundamental and technical analysis and are available on a per report basis.

Analysts
Steve O'Hare

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