Trade SBM Offshore N.V. - SBMO CFD

SBM Offshore Company profile

About SBM Offshore N.V.

SBM Offshore NV is the Netherlands-based company engaged in the offshore energy industry. It is a provider of floating production and mooring systems, in production operations and in terminals and services. The Company’s main activity is the design, supply, installation and operation of floating production, storage and offloading (FPSO) vessels. The Company’s business is divided into two segments: Lease and Operate, providing leasing and operation of oil and gas production facilities, and Turnkey, providing engineering, supply, overhaul and maintenance of Catenary Anchor Leg Mooring (CALM) buoys, swivels, mooring systems, fluid transfer systems and offloading systems. The Company has four main project execution centers located in the Netherlands, Monaco, the United States and Malaysia, and operates a number of subsidiaries. On September 4, 2013, the Company sold its cryogenic hose system technology to Trelleborg Industrial Solutions, the business area of Trelleborg AB.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SBM Offshore N.V. revenues increased 5% to $3.67B. Net income increased from $191M to $400M. Revenues reflect Unallocated segment increase of 33% to $1.51B, Turnkey segment increase of 10% to $733M, Guyana (Country) segment increase of 65% to $1.38B, Brazil (Country) segment increase of 2% to $2.05B. Net income benefited from Equity Earnings -Before Taxes increase from $17M to $110M (income).

Equity composition

06/2006, 4-for-1 stock split. 4/2013, Rights Issue, 0.1 new share for every 1 share held @ EUR10.07 (Factor: 1.01919).