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OTCM
SIOMF
Market cap502mUSD
, Last price  
USD
Name

Siem Offshore Inc

Chart & performance

D1W1MN
OTCM:SIOMF chart
P/E
—
P/S
—
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

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Profile

Siem Offshore Inc., together with its subsidiaries, specializes in the ownership and operation of vessels providing crucial support to both the offshore energy industry and the expanding offshore renewables sector. The company's diverse fleet comprises various specialized vessels, including platform supply vessels (PSVs), offshore subsea construction vessels (OSCVs), anchor-handling tug supply vessels (AHTS vessels), multipurpose field and ROV support vessels, scientific core drilling vessels (SCDVs), and well intervention vessels (WIVs). Additionally, it operates other types of craft such as fast crew and supply vessels, and oil spill recovery vessels. Currently, Siem Offshore manages a total of 28 vessels, specifically consisting of six PSVs, four OSCVs, eight AHTS vessels, two WIVs, one SCDV, five smaller vessels registered in Brazil, and one Canadian-flagged AHTS vessel. The company's operational footprint extends across multiple global regions, including Norway, the North Sea, Brazil, Australia, Canada, the Arctic Ocean, the Northern Pacific Ocean, Southeast Asia, and West Africa. Established in 2005, the firm is headquartered in Kristiansand, Norway.

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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