Subsea7 - key information relating to the proposed cash dividend to be paid by Subsea 7 S.A. Luxembourg – 26 February 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the Company) today announced a proposed total cash dividend of NOK 13.00 per share, equating to approximately $400 million, to be distributed in May 2026, comprised of the annual dividend of approximately $350 million to be recommended by the Board at the annual general meeting (AGM) on 12 May 2026 and an interim dividend of approximately $50 million approved by the Board. Key information relating to the cash dividend to b...
Subsea 7 S.A. Announces Fourth Quarter and Full Year 2025 Results Luxembourg – 26 February 2026 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the fourth quarter and full year which ended 31 December 2025. Unless otherwise stated the comparative period is the full year which ended 31 December 2024. Highlights Fourth quarter Adjusted EBITDA of $477 million, up more than 50% on the prior year period, equating to a margin of 24%. Strong performances in both Subsea and Conventional and Renewabl...
In today's Morning Views publication we comment on developments of the following high yield issuers: Nemak, Aston Martin, International Personal Finance, Assemblin Caverion, Nimlas, Vallourec, TDC NET, Eutelsat, Telecom Italia, Techem, Elior, Ineos Quattro, Odfjell Drilling, Centrient, Encore Capital (formerly Cabot), OPmobility, Grupo Antolin
• Panoro is acquiring 40.375% WI in Block G, Equatorial Guinea from Kosmos Energy for US$180 mm, effective 1 January 2025. Closing is expected in August, with an estimated ~US$140-150 mm payable at completion and up to US$39.5 mm in deferred contingent consideration tied to oil prices and production over 2026–2028. • The acquisition is highly material, increasing Panoro’s WI in Block G by ~3.9× and adding 46 mmbbl of 2P reserves (+110% versus the company’s current 2P base) and 29 mmbbl of 2C res...
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