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MERK
SEA1
Market cap442mUSD
Oct 28, Last price  
26.85NOK
1D
-0.19%
1Q
4.07%
Jan 2017
-85.49%
IPO
-93.45%
Name

Siem Offshore Inc

Chart & performance

D1W1MN
MERK:SEA1 chart
P/E
2.53
P/S
1.31
EPS
1.14
Vol. 1Y
—
Shs. 5Y
81.81%
Rev. 5Y
1.77%
Div Yld LY
—
Div Yld TTM
—
Revenues
336m
+22.50%
73,554,000159,342,000192,773,000183,558,000228,302,000340,628,000368,213,000363,954,000491,313,000422,450,000469,124,000415,309,000307,736,000292,530,000244,843,000254,493,000274,306,000336,026,000
Net income
175m
+464.83%
45,012,00098,368,000-25,766,000103,829,0009,693,000-7,291,00017,260,00022,000,00058,147,000-186,687,000-142,436,000-164,324,00015,951,000-114,506,000-350,472,000107,858,00030,897,000174,515,000
CFO
138m
+63.50%
34,189,00093,870,00054,315,00079,230,00039,401,00086,273,00070,538,00058,986,000184,345,00042,462,00064,841,00099,938,00032,731,00096,023,00039,704,00082,099,00084,172,000137,624,000
Dividend
Apr 07, 20264 NOK/sh

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Profile

Sea1 Offshore Inc., in collaboration with its subsidiaries, specializes in the ownership and operation of support vessels tailored for the offshore energy service industry. The company structures its operations around various vessel categories, including Subsea Vessels, Anchor-Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSVs), and Fast Crew & Oil Spill Recovery Vessels, among other segments. It delivers a comprehensive range of offshore marine services such as anchor handling, towing, platform supply, well intervention, subsea operations, walk-to-work solutions, and trenching for wind farm projects. Its operational reach spans significant global regions, including the North Sea, Brazil, Australia, Canada, Southeast Asia, South America, and West Africa. Founded in 2005 and headquartered in Kristiansand, Norway, the company adopted its current name, Sea1 Offshore Inc., in May 2024, having previously operated as Siem Offshore Inc.

Key people

Bernt Omdal
Chief Executive Officer · since 2017
Vidar Jerstad
Chief Financial Officer · since 2021
Tore Lillesto
Chief Operating Officer · since 2017
Tore Johannessen
Organization and Human Resources Director · since 2012
Michael Delouche
Director · since 2012
Rune Lundetrae
Director · since 2025
Celina Midelfart
Director
Otto Moltke-Hansen
Director · since 2025
Aexander Monnas
Director · since 2016
Director · since 2008
Chairman of the Board · since 2024
IPO date
Aug 12, 2005
Employees
1,179
Domiciled in
NO
Incorporated in
KY
Headquarters & legal address
PO Box 309
Ugland House
103 South Church Street
George Town KY1-1104
KY

Valuation

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