Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now OTC Markets OTCPK - Delayed Quote • USD SBM Offshore N.V. (SBFFY) Follow Compare 22.75 +3.35 +(17.27%) At close: February 21 at 12:19:25 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Is SBM Offshore N.V. (AMS:SBMO) Trading At A 47% Discount? Key Insights The projected fair value for SBM Offshore is €38.93 based on 2 Stage Free Cash Flow to Equity Current... SBM Offshore NV (SBFFF) (Q4 2024) Earnings Call Highlights: Record Revenue and Strategic Growth ... SBM Offshore NV (SBFFF) reports a 35% revenue increase and strategic partnerships, positioning for future growth despite challenges in turnkey margins and yard availability. SBM Offshore Full Year 2024 Earnings Amsterdam, February 20, 2025 Record-level results, increasing total shareholder returns Highlights Record Directional1 Revenue of US$6.1 billion (+35%), in line with guidanceRecord Directional EBITDA of US$1.9 billion (+44%), in line with guidanceRecord US$35.1 billion Directional backlog; US$9.5 billion or EUR51.6/share2 Directional net cash backlog330% increase in cash return to US$1.59 per share4: US$155 million dividend5; US$150 million share repurchase6US$1.7 billion cash return to sharehol Weekly share repurchase program transaction details Amsterdam, February 19, 2025 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period February 13, 2025 through February 19, 2025. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares SBM Offshore announces changes in Supervisory Board Amsterdam, February 19, 2025 SBM Offshore today announces that Bernard Bajolet has, for personal reasons, decided to step down as member of the Supervisory Board after the 2025 Annual General Meeting, following seven years of service. Bernard Bajolet will continue to be involved with the Company as advisor. Roeland Baan says: “We thank Bernard Bajolet for the valuable contribution to the Company as Supervisory Board member and look forward to his continued involvement as advisor.” Corporate Prof FPSO Almirante Tamandaré producing and on hire Amsterdam, February 19, 2025 SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Almirante Tamandaré is the largest oil producing unit in Brazil with a processing capacity of 225,000 barrels of oil and 12 million m3 of gas per day. This FPSO has an estimated greenhouse gas (GHG) emission intensity below 10 kgCO2e/boe1 and benefits fro SBM Offshore completes the Share Purchase Agreements with MISC Berhad Amsterdam, January 31, 2025 SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: i) the acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii) the full divestment to MISC Berhad of SBM Offshore’s effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This Extraordinary General Meeting Resolutions Amsterdam, January 17, 2025 SBM Offshore announces that Lucia de Andrade and Denise Dettingmeijer have been appointed as members of the Supervisory Board at an Extraordinary General Meeting held today. The appointments are effective immediately until the end of the Annual General Meeting to be held in 2029, which is the fourth year after appointment. Further details on the adopted resolutions can be found on the Company’s website. Corporate Profile SBM Offshore is the world’s deepwater ocean-inf Returns At SBM Offshore (AMS:SBMO) Appear To Be Weighed Down What are the early trends we should look for to identify a stock that could multiply in value over the long term? One... ExxonMobil Finalizes $535M Liza Destiny FPSO Purchase XOM secures ownership of the Liza Destiny FPSO from SBM Offshore in a $535M deal, enhancing its control at the Stabroek Block and ensuring production excellence through 2033. FPSO Destiny Purchase by ExxonMobil Guyana Completed Amsterdam, December 19, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033. The transaction comprises a total cash consideration of c. US$535 million. The net cash p What Does The Future Hold For SBM Offshore N.V. (AMS:SBMO)? These Analysts Have Been Cutting Their Estimates Market forces rained on the parade of SBM Offshore N.V. ( AMS:SBMO ) shareholders today, when the analysts downgraded... Extraordinary General Meeting announcement Amsterdam, December 6, 2024 SBM Offshore announces that the agenda of the Extraordinary General Meeting of Shareholders (EGM) and the invitation for shareholders to attend the EGM have now been published on the Company’s website. The EGM will be held at the Sheraton Amsterdam Airport Hotel, Schiphol Boulevard 101, 1118 BG Amsterdam, the Netherlands on Friday January 17, 2025 at 3.30 p.m. Central European Time. Corporate Profile SBM Offshore is the world’s deepwater ocean-infrastructure expert. T SBM Offshore completes US$1.5 billion financing of Jaguar Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions. The Company expects to draw the loan phased over the construction period of the FPSO. The project loan is in line with the duration of the construction phase. The FPSO Jaguar’s design is based on SBM Offshore’s industry leading Fast4Ward® program that incorporate FTSE 100 and European-listed stocks to own in 2025, according to Barclays While there is more uncertainty for markets ahead, Barclays' analysts still highlight a number of stocks in which they see value in owning next year. Technip, SBM and Saipem win major contracts for GranMorgu project offshore Suriname SBM Offshore and Technip Energies will build and install a floating production storage and offloading (FPSO) vessel in Suriname. SBM Offshore nominates Supervisory Board members Amsterdam, November 14, 2024 SBM Offshore today announces the nomination of Lucia de Andrade and Denise Dettingmeijer for appointment to the Supervisory Board. Lucia de Andrade is a currently Senior Vice President Deepwater Project at Shell (Houston, United States of America) and will step down from this position by year end. She is an executive who brings a wealth of experience in various roles in the oil and gas industry including deepwater development. Denise Dettingmeijer is an experienced l SBM Offshore awarded contracts for the GranMorgu field development Amsterdam, November 14, 2024 SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO). The award follows completion of front-end engineering and design studies, and the final invest SBM Offshore Third Quarter 2024 Trading Update Amsterdam, November 14, 2024 Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-endTotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname2024 Directional1 EBITDA guidance increased from around US$1.3 billion to around US$1.9 billion (+46%)2024 Directional revenue guidance increased from above US$3.8 billion to above US$6.0 billion (+58%)Completed sale of 13.5% interest in FPSO Sepetiba to Chin ExxonMobil Acquires FPSO Prosperity in Guyana for $1.23 Billion XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO. Performance Overview Trailing total returns as of 2/21/2025, which may include dividends or other distributions. Benchmark is AEX-Index Return SBFFY AEX-Index YTD +30.52% +6.71% 1-Year +85.24% +10.72% 3-Year +80.03% +28.48%