Company Sea1 Offshore Inc.

Equities

SEA1o

KYG812291253

Oil Related Services and Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for Sea1 Offshore Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Oil Related Services

Market Closed - Oslo Bors Other stock markets 15:45:00 31/05/2024 BST			5-day change	1st Jan Change
33.05 ^NOK	+0.46%		+3.28%	+19.75%

05-15	Transcript : Siem Offshore Inc., Q1 2024 Earnings Call, May 15, 2024
05-15	Sea1 Offshore Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Siem Offshore Inc is a Norway-based company. Its primary activity is the ownership and operation of Offshore Support Vessels (OSV) for the offshore energy service industry and the offshore renewables market. The Company operates a fleet of 28 vessels, including Siem Symphony, Siem Thiima, JOIDES Resolution and Siem Pride, among others. Siem Offshoreâs operations are divided into six reportable segments: Platform Supply Vessels (PSV), Offshore Subsea Construction Vessel (OSCV) and Well Intervention Vessels (WIV), Anchor Handling Tug Supply Vessels (AHTS), Canadian fleet, Scientific Core-Drilling and Brazilian Fleet. Siem Offshore Inc has several subsidiaries, such as Secunda Holdings Limited, Siem Offshore Rederi AS, Siem Offshore US Holding AS as well as Siem Offshore Maritime Personnel AS.

Number of employees: 1,236

NOK in Million	2022	Weight	2023	Weight	Delta
Subsea Vessels 55.6 %	-	-	1,976	55.6 %	-
Anchor Handling Tug Supply Vessels 25.3 %	512	19.4 %	899	25.3 %	+75.51%
Platform Supply Vessels 14.4 %	348	13.2 %	512	14.4 %	+47.13%
Fast Crew & Oil Spill Recovery Vessels 4.2 %	155	5.9 %	151	4.2 %	-2.76%
Other/Intercompany Elimination 0.4 %	15	0.6 %	14	0.4 %	-5.79%

NOK in Million	2022	Weight	2023	Weight	Delta
North Sea, Brazil, Australia, Canada, Northern Pacific Ocean, Southeast Asia, South America and West Africa 100.0 %	2,639	100.0 %	3,552	100.0 %	+34.59%

Managers	Title	Age	Since
Bernt Magne Omdal CEO	Chief Executive Officer	58	31/10/08
Vidar Jerstad DFI	Director of Finance/CFO	52	31/07/21
Tore Lillesto COO	Chief Operating Officer	50	14/05/17
Leif Lauvås AUD	Comptroller/Controller/Auditor	-	-
Tor Asbjørn Grændsen HRO	Human Resources Officer	52	30/11/22

Members of the board	Title	Age	Since
Christen Sveaas CHM	Chairman	70	-
Barry Ridings BRD	Director/Board Member	72	-
Celina Midelfart BRD	Director/Board Member	51	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	238,852,052	41,249,748 ( 17.27 %)	0	17.27 %

Name	Equities	%	Valuation
SIEM INDUSTRIES S.A. 34.86 %	83,260,604	34.86 %	269 M kr
Kistefos AS (Private Equity) 33.32 %	79,585,160	33.32 %	257 M kr
Arne Blystad 5.920 %	14,140,042	5.920 %	46 M kr
Magnus Leonard Roth 3.059 %	7,305,863	3.059 %	24 M kr
Midelfart Family 2.220 %	5,302,515	2.220 %	17 M kr
Torstein Ingvald Tvenge 1.687 %	4,030,000	1.687 %	13 M kr
Banque Pictet & Cie SA (Investment Management) 0.9418 %	2,249,390	0.9418 %	7 M kr
MP Pensjon PK 0.8100 %	1,934,702	0.8100 %	6 M kr
Holmen Fondsforvaltning AS 0.6300 %	1,504,767	0.6300 %	5 M kr
NORDNET AB 0.5337 %	1,274,854	0.5337 %	4 M kr

Siem Offshore AS

Nodeviga 14

4610, Kristiansand

+47 38 60 04 00

http://www.siemoffshore.com

Name	Category and Sector
Siem Offshore Rederi AS

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.144 USD

Average target price

4.072 USD

Spread / Average Target

+29.52%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Related Equipment and Services

Oil Related Services and Equipment

Oil Related Services

	1st Jan change	Capi.
SEA1 OFFSHORE INC.	+19.75%	751M
SUBSEA 7 S.A.	+30.77%	5.51B
TECHNIP ENERGIES N.V.	+4.44%	4.25B
LIBERTY ENERGY INC.	+36.11%	4.11B
AKER SOLUTIONS ASA	+8.85%	2.09B
TGS ASA	+3.63%	1.71B
SELECT WATER SOLUTIONS, INC.	+44.01%	1.12B
BUMI ARMADA	+16.16%	724M
DAYANG ENTERPRISE HOLDINGS	+65.00%	649M
BW OFFSHORE LIMITED	+35.15%	521M

Oil Related Services