Sbm Offshore

Q4: lease & operate portfolio funds the dividend

13/02/20 -"It has been a good year for the group, with a successful return in Brazil and a new award in Guyana, increasing the backlog by $5.9bn. This good visibility (mainly on the lease & operate ..."

PDF page sample
Pages
91
Language
English
Published on
13/02/20
Download
You may also be interested by these reports :
19/06/26
We have revised adjusted EPS upward, driven by a stronger commodity deck. Brent rises to $87/72/65 per bbl in 2026-28e (from $62/63/66) and TTF gas ...
16/06/26
The deal is done. The market has moved on.
16/06/26
We have lowered our benchmark EPS for 2026, 2027 and 2028, driven by the reduced Brent deck flowing through to upstream realised liquids prices.
16/06/26
We have raised our adjusted EPS for 2026-28 to €1.73 / €1.53 / €1.47 (from €1.62 / €1.49 / €1.44). The lower Brent deck (87/72/65 $/bbl vs 95/80/75) ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO