$SUBC.OL (Subsea 7) is basically a company that builds and installs the heavy-duty infrastructure needed for offshore energy projects. When oil, gas, or offshore wind companies want to develop fields far out at sea, Subsea 7 helps design, transport, and install the pipelines, cables, and underwater systems that make those projects work. It also supports maintenance and repair of offshore equipment.
It is highly complex work and only a handful of companies have the capacity to fulfil the work that Subsea 7 are capable of doing.
Logically, the world today is re-evaluating choke points in the supply chain, this time as you're all aware, around the energy flow through the strait of Hormuz. The conclusion is that access to supply is a matter of national security over the price in a globalisation driven world and a consequence of that leads to more drilling in places like the North Sea, off the coast of places like Guyana, Brazil and Africa all of which is good for business at Subsea 7.
As oil prices are pushing higher we are seeing a highly short sighted view of Subsea 7s backlog that currently sits in the Gulf and accounts for roughly 14%, however, only 2% to 4% equivalent of one years revenue is contracted for 2026 while significant opportunities are opening medium and long term. There are few companies this environment suits better than Subsea 7.
For now, Subsea 7 has see some weakness on uncertainty, however, from the disclosures of the company that seems misplaced. The next earnings report is April 30th where we should hear more about the impact or opportunity from this situation.... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
Hi Robert! Do you mind to share the DCF model and that video where you explain them? I think you, in the past, shared it on your yt channel.
Looking forward to hear from you soon.
wish you the best... Show More
2 replies
.
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Sat Aug 15 2026 18:33:16 GMT+0000 (Coordinated Universal Time)
