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Subsea 7 (SUBCY)

(Delayed Data from OTC)

$16.05 USD

16.05
2,762

+0.25 (1.55%)

Updated Apr 23, 2024 02:47 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 15% (214 out of 252)

Industry: Oil and Gas - Field Services

Better trading starts here.

Zacks News

Subsea7 (SUBCY) Secures Talos' Sunspear Development Contract

Subsea7 (SUBCY) will be responsible for the installation of the flowline and associated subsea equipment for the Sunspear development project in the Gulf of Mexico region.

Subsea7 (SUBCY) Secures Two Offshore Wind Projects in Poland

Subsea7's (SUBCY) subsidiary, Seaway7, secures two new contracts from Equinor and its partner Polenergia, and PGE Polska Grupa Energetyczna and Orsted.

Subsea7 (SUBCY) Secures Trion Field Development Contract

Subsea7 (SUBCY) is set to provide subsea installation services for the development of the Trion deepwater field located within the Perdido Fold Belt.

TC Energy (TRP) Agrees to Sell Prince Rupert Pipeline Project

TC Energy (TRP) divests the Prince Rupert Gas Transmission Project to facilitate Indigenous-Led LNG development in British Columbia.

Chevron (CVX) Joins Forces With Celsia to Build a Solar Plant

Chevron (CVX) partners with Celsia to build a 4.03MW solar plant in Panama, showcasing a commitment to sustainability and carbon neutrality.

Shell (SHEL) Joins Forces With Worley for Hydrogen Project

Shell (SHEL) partners with Worley for Holland Hydrogen 1 facility in Rotterdam port, supporting net-zero emissions with sustainable energy solutions.

Fast-paced Momentum Stock Subsea 7 SA (SUBCY) Is Still Trading at a Bargain

Subsea 7 SA (SUBCY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Suncor (SU), Fort McKay Partner on Oil Sands Development

Suncor (SU) and Fort McKay sign a memorandum of understanding regarding a potential oil sands lease development opportunity in Fort McKay reserve lands.

Petrobras (PBR) Sends Team to Venezuela Amid Sanction Threat

Petrobras (PBR) sends a team of oil production specialists to Venezuela amid geopolitical complexities, seeking strategic partnerships and navigating risks for future growth.

Chevron (CVX) Resumes Drilling Operations in Venezuela

Chevron (CVX) restarts drilling in Venezuela's Orinoco Belt to boost crude production amid the U.S. sanctions threat, aiming for a 35% increase in production by 2025.

Chevron (CVX) Joins Forces With Challenger for Offshore Uruguay Block

Chevron (CVX) plans to acquire interest in the AREA OFF-1 block, offshore Uruguay, from Challenger Energy and its subsidiary CEG Uruguay SA.

TC Energy (TRP), Energir Agree to Sell PNGTS in a $1.14B Deal

TC Energy (TRP) and partner Energir agree to sell the Portland Natural Gas Transmission System to BlackRock and Morgan Stanley for $1.14 billion, focusing on balance sheet strength.

Chevron (CVX) Announces a 5MW Hydrogen Production Project

Chevron's (CVX) subsidiary plans a 5MW hydrogen project in California's Central Valley, aiming for low-carbon energy.

Is Repsol (REPYY) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Repsol SA (REPYY) and Subsea 7 SA (SUBCY) have performed compared to their sector so far this year.

Canadian (CNQ) Q4 Earnings Rise Y/Y, Sales Beat Estimates

Canadian (CNQ) expects to achieve production growth of 1,455 MBOE/d by the end of 2024, up 40% from that anticipated at the end of 2023.

Chevron (CVX) Shuts Down Biodiesel Plants Amid Market Challenges

Chevron (CVX) halts two biodiesel plants in the Midwest due to poor market conditions, despite a $3.15 billion investment in renewable energy.

Delek (DK) Q4 Earnings Miss Estimates, Sales Decline Y/Y

Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for refining and $70 million for logistics, for full-year 2024.

Ovintiv (OVV) Q4 Earnings Beat Estimates on Lower Costs

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $580-$620 million for the first quarter of the year.

Callon (CPE) Q4 Earnings Miss Estimates, Revenues Fall Y/Y

Callon's (CPE) Q4 earnings have been affected by lower realized oil equivalent prices and production volumes.

Northern (NOG) Q4 Earnings and Revenues Miss Estimates

Northern (NOG) expects production in the 115,000-120,000 boe/d range for full-year 2024.

Oceaneering (OII) Q4 Earnings Lag Estimates, Revenues Beat

Oceaneering (OII) expects consolidated earnings in the $50-$60 million range for the first quarter of 2024.

Cheniere (LNG) Q4 Earnings Decline Y/Y, Sales Beat Estimates

Cheniere (LNG) expects consolidated adjusted EBITDA in the range of $5.5-$6 billion and distributable cash flow in the band of $2.9-$3.4 billion for full-year 2024.

ExxonMobil (XOM) Considers Divestment of Vaca Muerta Assets

ExxonMobil's (XOM) assets in Argentina encompass stakes in seven oil and gas blocks in the Vaca Muerta region.

TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y

TechnipFMC (FTI) expects revenues for the Subsea unit and the Surface Technologies unit to be in the range of $7.2-$7.6 billion and $1.2-$1.35 billion, respectively, for full-year 2024.

Pembina (PBA) Q4 Earnings Rise Y/Y, Sales Beat Estimates

Pembina (PBA) expects adjusted EBITDA in the C$3.73-C$4.03 billion range for full-year 2024.