Reach Subsea (REACH.OL) Stock Price and Company Information, 2024

Norway / Norge

Oslo Energy (OSEAX.OL ENRG)

Reach Subsea

REACH.OL

Exchange:	OL
Currency	Norwegian Krone
ISIN:	NO0003117202
Primary Ticker:	REACH.OL
Fiscal Year End:	December
International Domestic:	International
Sector:	Energy
Industry:	Oil & Gas Equipment & Services
Gic Sector:	Energy
Gic Group:	Energy
Gic Industry:	Energy Equipment & Services
Gic Sub Industry:	Oil & Gas Equipment & Services
Description:	Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. The company was incorporated in 1909 and is headquartered in Haugesund, Norway.
Address:	M Oellervegen 6, Haugesund, Norway, 5525
Website:	https://reachsubsea.no
Full Time Employees:	400
Updated On:	2024-11-04

Highlights

Market Capitalization:	2570934784
Market Capitalization Mln:	2570.93
EBITDA:	363719008
PE Ratio:	11.26
Wall Street Target Price:	9.25
Book Value:	3.42
Dividend Share:	0.36
Dividend Yield:	0.03
Earnings Share:	0.84
EPS Estimate Current Year:	0.8
EPS Estimate Next Year:	1.12
EPS Estimate Next Quarter:	0.35
EPS Estimate Current Quarter:	0.33
Most Recent Quarter:	2024-06-30
Profit Margin:	0.09
Operating Margin TTM:	0.19
Return On Assets TTM:	0.06
Return On Equity TTM:	0.27
Revenue TTM:	2293944064
Revenue Per Share TTM:	8.65
Quarterly Revenue Growth YOY:	-0.02
Gross Profit TTM:	888730000
Diluted Eps TTM:	0.84
Quarterly Earnings Growth YOY:	-0.11

Valuation

Trailing PE:	11.26
Price Sales TTM:	1.12
Price Book MRQ:	2.73
Enterprise Value:	4109478133
Enterprise Value Revenue:	1.76
Enterprise Value Ebitda:	3.77

Shares

Shares Outstanding:	271768992
Shares Float:	80435543
Percent Insiders:	72.13
Percent Institutions:	2.46

Technicals

Beta:	0.99
52 Week High:	10.65
52 Week Low:	3.81
50 Day MA:	8.12
200 Day MA:	7.03

Splits & Dividends

Forward Annual Dividend Rate:	0.36
Forward Annual Dividend Yield:	0.03
Payout Ratio:	0.72
Ex Dividend Date:	2024-06-03
Last Split Factor:	1:20
Last Split Date:	2012-12-06

Earnings

Report Date:	2025-05-06
Date:	2025-03-31
Before After Market:	Before Market
Currency:	NOK
Report Date:	2025-02-13
Date:	2024-12-31
Before After Market:	After Market
Currency:	NOK
Report Date:	2024-11-12
Date:	2024-09-30
Before After Market:	After Market
Currency:	NOK
Report Date:	2024-08-27
Date:	2024-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.3
Eps Estimate:	0.33
Eps Difference:	-0.03
Surprise Percent:	-9.09
Report Date:	2024-05-08
Date:	2024-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.02
Eps Estimate:	0.09
Eps Difference:	-0.07
Surprise Percent:	-77.77
Report Date:	2024-02-14
Date:	2023-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.18
Eps Estimate:	0.03
Eps Difference:	0.15
Surprise Percent:	50
Report Date:	2023-11-07
Date:	2023-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.26
Eps Estimate:	0.26
Report Date:	2023-08-23
Date:	2023-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.34
Eps Estimate:	0.32
Eps Difference:	0.02
Surprise Percent:	6.2
Report Date:	2023-05-09
Date:	2023-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.01
Report Date:	2023-02-14
Date:	2022-12-31
Currency:	NOK
Eps Actual:	0.05
Report Date:	2022-11-08
Date:	2022-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.23
Report Date:	2022-08-23
Date:	2022-06-30
Before After Market:	After Market
Currency:	NOK
Eps Actual:	0.18
Eps Estimate:	0.08
Eps Difference:	0.1
Surprise Percent:	12
Report Date:	2022-05-06
Date:	2022-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.23
Eps Estimate:	-0.08
Eps Difference:	-0.15
Surprise Percent:	-187.
Report Date:	2022-02-08
Date:	2021-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.16
Eps Estimate:	0.05
Eps Difference:	0.11
Surprise Percent:	22
Report Date:	2021-11-04
Date:	2021-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.31
Eps Estimate:	0.18
Eps Difference:	0.13
Surprise Percent:	72.22
Report Date:	2021-08-17
Date:	2021-06-30
Before After Market:	After Market
Currency:	NOK
Eps Actual:	0.11
Report Date:	2021-05-05
Date:	2021-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.07
Report Date:	2021-02-23
Date:	2020-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.09
Report Date:	2020-11-24
Date:	2020-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.23
Report Date:	2020-08-25
Date:	2020-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.19
Report Date:	2020-05-27
Date:	2020-03-31
Before After Market:	After Market
Currency:	NOK
Eps Actual:	-0.22
Report Date:	2020-02-25
Date:	2019-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.17
Report Date:	2019-11-26
Date:	2019-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.02
Report Date:	2019-08-27
Date:	2019-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.02
Report Date:	2019-05-28
Date:	2019-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.12
Report Date:	2019-02-19
Date:	2018-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.17
Eps Estimate:	-0.13
Eps Difference:	-0.04
Surprise Percent:	-30.76
Report Date:	2018-11-21
Date:	2018-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.05
Report Date:	2018-08-23
Date:	2018-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.03
Report Date:	2018-05-23
Date:	2018-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.12
Report Date:	2018-02-27
Date:	2017-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.06
Report Date:	2017-11-28
Date:	2017-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.01
Report Date:	2017-08-29
Date:	2017-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.07
Report Date:	2017-05-30
Date:	2017-03-31
Before After Market:	After Market
Currency:	NOK
Eps Actual:	-0.10
Report Date:	2017-02-16
Date:	2016-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.06
Report Date:	2016-11-29
Date:	2016-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.06
Report Date:	2016-08-30
Date:	2016-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.03
Report Date:	2016-05-31
Date:	2016-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.18
Report Date:	2016-02-23
Date:	2015-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.01
Report Date:	2015-11-17
Date:	2015-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.03
Report Date:	2015-08-26
Date:	2015-06-30
Before After Market:	After Market
Currency:	NOK
Eps Actual:	0.09
Report Date:	2015-05-29
Date:	2015-03-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	-0.11
Report Date:	2015-02-17
Date:	2014-12-31
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.09
Report Date:	2014-11-25
Date:	2014-09-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.09
Report Date:	2014-08-26
Date:	2014-06-30
Before After Market:	Before Market
Currency:	NOK
Eps Actual:	0.08
Report Date:	2014-05-27
Date:	2014-03-31
Currency:	NOK
Eps Actual:	0.04
Report Date:	2014-02-25
Date:	2013-12-31
Currency:	NOK
Eps Actual:	-0.13
Report Date:	2013-11-26
Date:	2013-09-30
Currency:	NOK
Eps Actual:	0.03
Report Date:	2013-08-20
Date:	2013-06-30
Currency:	NOK
Eps Actual:	-0.06
Report Date:	2013-04-30
Date:	2013-03-31
Currency:	NOK
Eps Actual:	-0.05
Report Date:	2013-02-22
Date:	2012-12-31
Currency:	NOK
Eps Actual:	-0.22
Report Date:	2012-11-09
Date:	2012-09-30
Currency:	NOK
Eps Actual:	-0.25
Report Date:	2012-08-24
Date:	2012-06-30
Currency:	NOK
Eps Actual:	-5.16
Report Date:	2012-05-31
Date:	2012-03-31
Currency:	NOK
Eps Actual:	-40.34
Report Date:	2012-02-23
Date:	2011-12-31
Currency:	NOK
Eps Actual:	-0.57
Report Date:	2011-11-17
Date:	2011-09-30
Currency:	NOK
Eps Actual:	-9.44
Report Date:	2011-08-25
Date:	2011-06-30
Currency:	NOK
Eps Actual:	-11.58
Report Date:	2011-05-25
Date:	2011-03-31
Currency:	NOK
Eps Actual:	0.18
Report Date:	2011-02-23
Date:	2010-12-31
Currency:	NOK
Eps Actual:	-76.81
Report Date:	2010-11-09
Date:	2010-09-30
Currency:	NOK
Eps Actual:	-13.58
Report Date:	2010-08-24
Date:	2010-06-30
Currency:	NOK
Eps Actual:	-15.91
Report Date:	2010-05-19
Date:	2010-03-31
Currency:	NOK
Eps Actual:	-4.77
Report Date:	2010-02-26
Date:	2009-12-31
Currency:	NOK
Eps Actual:	-77.58
Report Date:	2009-11-24
Date:	2009-09-30
Currency:	NOK
Eps Actual:	-42.56
Report Date:	2009-08-31
Date:	2009-06-30
Currency:	NOK
Eps Actual:	-50.15
Report Date:	2009-05-19
Date:	2009-03-31
Currency:	NOK
Eps Actual:	2.01
Report Date:	2009-02-18
Date:	2008-12-31
Currency:	NOK
Eps Actual:	-23.57
Report Date:	2008-11-14
Date:	2008-09-30
Currency:	NOK
Eps Actual:	-47.70
Date:	2025-12-31
Period:	+1y
Growth:	0.40
Earnings Estimate Avg:	1.12
Earnings Estimate Low:	1.00
Earnings Estimate High:	1.24
Earnings Estimate Year Ago Eps:	0.80
Earnings Estimate Number Of Analysts:	2.00
Earnings Estimate Growth:	0.40
Revenue Estimate Avg:	2716640000.00
Revenue Estimate Low:	2593270000.00
Revenue Estimate High:	2840000000.00
Revenue Estimate Number Of Analysts:	2.00
Revenue Estimate Growth:	0.07
Eps Trend Current:	1.12
Eps Trend7days Ago:	1.12
Eps Trend30days Ago:	1.05
Eps Trend60days Ago:	1.05
Eps Trend90days Ago:	1.05
Eps Revisions Up Last30days:	2.00
Date:	2024-12-31
Growth:	0.06
Earnings Estimate Avg:	0.80
Earnings Estimate Low:	0.70
Earnings Estimate High:	0.90
Earnings Estimate Year Ago Eps:	0.75
Earnings Estimate Number Of Analysts:	2.00
Earnings Estimate Growth:	0.06
Revenue Estimate Avg:	2522410000.00
Revenue Estimate Low:	2379810000.00
Revenue Estimate High:	2665000000.00
Revenue Estimate Number Of Analysts:	2.00
Revenue Estimate Growth:	0.26
Eps Trend Current:	0.80
Eps Trend7days Ago:	0.80
Eps Trend30days Ago:	0.84
Eps Trend60days Ago:	0.84
Eps Trend90days Ago:	0.84
Date:	2024-09-30
Period:	+1q
Growth:	0.34
Earnings Estimate Avg:	0.35
Earnings Estimate Low:	0.35
Earnings Estimate High:	0.35
Earnings Estimate Year Ago Eps:	0.26
Earnings Estimate Number Of Analysts:	1.00
Earnings Estimate Growth:	0.34
Revenue Estimate Avg:	614840000.00
Revenue Estimate Low:	614840000.00
Revenue Estimate High:	614840000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	-0.05
Eps Trend Current:	0.35
Eps Trend7days Ago:	0.35
Eps Trend30days Ago:	0.33
Eps Trend60days Ago:	0.33
Eps Trend90days Ago:	0.33
Eps Revisions Up Last30days:	1.00
Date:	2024-06-30
Growth:	-0.02
Earnings Estimate Avg:	0.33
Earnings Estimate Low:	0.30
Earnings Estimate High:	0.36
Earnings Estimate Year Ago Eps:	0.34
Earnings Estimate Number Of Analysts:	2.00
Earnings Estimate Growth:	-0.02
Revenue Estimate Avg:	659320000.00
Revenue Estimate Low:	613640000.00
Revenue Estimate High:	705000000.00
Revenue Estimate Number Of Analysts:	2.00
Revenue Estimate Growth:	0.37
Eps Trend Current:	0.33
Eps Trend7days Ago:	0.33
Eps Trend30days Ago:	0.24
Eps Trend60days Ago:	0.24
Eps Trend90days Ago:	0.24
Eps Revisions Up Last30days:	1.00
Date:	2024-03-31
Growth:	-0.50
Earnings Estimate Avg:	0.09
Earnings Estimate Low:	0.09
Earnings Estimate High:	0.09
Earnings Estimate Year Ago Eps:	0.18
Earnings Estimate Number Of Analysts:	1.00
Earnings Estimate Growth:	-0.50
Revenue Estimate Avg:	514000000.00
Revenue Estimate Low:	514000000.00
Revenue Estimate High:	514000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	1.19
Eps Trend Current:	0.09
Eps Trend7days Ago:	0.09
Eps Trend30days Ago:	0.09
Eps Trend60days Ago:	0.09
Eps Trend90days Ago:	-0.04
Date:	2023-12-31
Growth:	0.87
Earnings Estimate Avg:	0.62
Earnings Estimate Low:	0.56
Earnings Estimate High:	0.68
Earnings Estimate Year Ago Eps:	0.33
Earnings Estimate Number Of Analysts:	2.00
Earnings Estimate Growth:	0.87
Revenue Estimate Avg:	1904000000.00
Revenue Estimate Low:	1899000000.00
Revenue Estimate High:	1909000000.00
Revenue Estimate Number Of Analysts:	2.00
Revenue Estimate Growth:	0.63
Eps Trend Current:	0.62
Eps Trend7days Ago:	0.62
Eps Trend30days Ago:	0.62
Eps Trend60days Ago:	0.62
Eps Trend90days Ago:	0.62
Date:	2023-09-30
Growth:	0.62
Earnings Estimate Avg:	0.26
Earnings Estimate Low:	0.26
Earnings Estimate High:	0.26
Earnings Estimate Year Ago Eps:	0.16
Earnings Estimate Number Of Analysts:	1.00
Earnings Estimate Growth:	0.62
Revenue Estimate Avg:	563000000.00
Revenue Estimate Low:	563000000.00
Revenue Estimate High:	563000000.00
Revenue Estimate Number Of Analysts:	1.00
Eps Trend Current:	0.26
Eps Trend7days Ago:	0.26
Eps Trend30days Ago:	0.26
Eps Trend60days Ago:	0.10
Eps Trend90days Ago:	0.10
Date:	2022-12-31
Growth:	-0.48
Earnings Estimate Year Ago Eps:	0.66
Earnings Estimate Growth:	-0.48
Revenue Estimate Avg:	1162820000.00
Revenue Estimate Low:	1075000000.00
Revenue Estimate High:	1075000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	0.69
Eps Trend7days Ago:	0.34
Eps Trend30days Ago:	0.34
Eps Trend60days Ago:	0.34
Eps Trend90days Ago:	0.34
Date:	2022-09-30
Growth:	-0.41
Earnings Estimate Year Ago Eps:	0.31
Earnings Estimate Growth:	-0.41
Revenue Estimate Avg:	252000000.00
Revenue Estimate Low:	252000000.00
Revenue Estimate High:	252000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	0.12
Eps Trend7days Ago:	0.18
Eps Trend30days Ago:	0.18
Eps Trend60days Ago:	0.18
Eps Trend90days Ago:	0.18
Date:	2022-06-30
Revenue Estimate Avg:	259000000.00
Revenue Estimate Low:	259000000.00
Revenue Estimate High:	259000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	0.52
Eps Trend7days Ago:	0.22
Eps Trend30days Ago:	0.22
Eps Trend60days Ago:	0.22
Eps Trend90days Ago:	0.22
Date:	2022-03-31
Earnings Estimate Avg:	-0.08
Earnings Estimate Low:	-0.08
Earnings Estimate High:	-0.08
Earnings Estimate Number Of Analysts:	1.00
Revenue Estimate Avg:	137000000.00
Revenue Estimate Low:	137000000.00
Revenue Estimate High:	137000000.00
Revenue Estimate Number Of Analysts:	1.00
Eps Trend Current:	-0.08
Eps Trend7days Ago:	-0.08
Eps Trend30days Ago:	-0.08
Eps Trend60days Ago:	-0.05
Eps Trend90days Ago:	-0.05
Date:	2021-12-31
Earnings Estimate Avg:	0.41
Earnings Estimate Low:	0.41
Earnings Estimate High:	0.41
Earnings Estimate Number Of Analysts:	1.00
Revenue Estimate Avg:	528000000.00
Revenue Estimate Low:	528000000.00
Revenue Estimate High:	528000000.00
Revenue Estimate Number Of Analysts:	1.00
Eps Trend Current:	0.41
Eps Trend7days Ago:	0.41
Eps Trend30days Ago:	0.41
Eps Trend60days Ago:	0.41
Eps Trend90days Ago:	0.41
Date:	2019-12-31
Period:	+1y
Growth:	1.71
Earnings Estimate Year Ago Eps:	-0.14
Earnings Estimate Growth:	1.71
Revenue Estimate Avg:	530000000.00
Revenue Estimate Low:	530000000.00
Revenue Estimate High:	530000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	0.15
Eps Trend7days Ago:	0.10
Eps Trend30days Ago:	0.10
Eps Trend60days Ago:	0.10
Eps Trend90days Ago:	0.10
Date:	2019-03-31
Period:	+1q
Date:	2018-12-31
Growth:	0.36
Earnings Estimate Year Ago Eps:	-0.22
Earnings Estimate Growth:	0.36
Revenue Estimate Avg:	459000000.00
Revenue Estimate Low:	459000000.00
Revenue Estimate High:	459000000.00
Revenue Estimate Number Of Analysts:	1.00
Revenue Estimate Growth:	0.27
Eps Trend7days Ago:	-0.14
Eps Trend30days Ago:	-0.14
Eps Trend60days Ago:	-0.14
Eps Trend90days Ago:	-0.14
Date:	2018-09-30
Period:	+1q
Date:	2018-06-30
Date:	2024-09-30
Eps Actual:	0.3
Date:	2023-12-31
Eps Actual:	0.7
Date:	2022-12-31
Eps Actual:	0.2
Date:	2021-12-31
Eps Actual:	0.65
Date:	2020-12-31
Eps Actual:	0.30
Date:	2019-12-31
Eps Actual:	-0.23
Date:	2018-12-31
Eps Actual:	-0.21
Date:	2017-12-31
Eps Actual:	-0.23
Date:	2016-12-31
Eps Actual:	-0.27
Date:	2015-12-31
Eps Actual:	0.01
Date:	2014-12-31
Eps Actual:	0.33
Date:	2013-12-31
Eps Actual:	-0.21
Date:	2012-12-31
Eps Actual:	-45.98
Date:	2011-12-31
Eps Actual:	-21.42
Date:	2010-12-31
Eps Actual:	-111.09
Date:	2009-12-31
Eps Actual:	-168.28
Date:	2008-12-31
Eps Actual:	-71.28