Last 78.50 NOK
Change Today +0.50 / 0.64%
Volume 12.9K
SOFF On Other Exchanges
Symbol
Exchange
Stuttgart
As of 10:25 AM 12/29/14 All times are local (Market data is delayed by at least 15 minutes).

solstad offshore asa (SOFF) Snapshot

Open
79.00 NOK
Previous Close
78.00 NOK
Day High
79.00 NOK
Day Low
77.00 NOK
52 Week High
01/2/14 - 124.00 NOK
52 Week Low
12/12/14 - 64.50 NOK
Market Cap
3.0B
Average Volume 10 Days
10.0K
EPS TTM
15.00 NOK
Shares Outstanding
38.7M
EX-Date
05/20/14
P/E TM
5.2x
Dividend
5.00 NOK
Dividend Yield
6.37%
Current Stock Chart for SOLSTAD OFFSHORE ASA (SOFF)

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solstad offshore asa (SOFF) Details

Solstad Offshore ASA operates offshore service and construction vessels for offshore petroleum industry worldwide. The company operates in three segments: Anchor-Handling Vessels, Platform Supply Vessels, and Construction Service Vessels. It offers anchor-handling vessels delivering services related to rig moves, and anchoring of rigs and other devices at sea; platform supply vessels that deliver services relating to the transportation of material to offshore installations; and construction service vessels delivering services relating to the development of sub sea and floating installations. The company operates a fleet of 50 wholly owned and jointly owned vessels, including 20 construction service vessels, 21 anchor handling vessels, and 9 platform supply vessels. Solstad Offshore ASA was founded in 1964 and is headquartered in Skudeneshavn, Norway.

1,800 Employees
Last Reported Date: 03/28/14
Founded in 1964

solstad offshore asa (SOFF) Top Compensated Officers

Chief Executive Officer and Managing Director
Total Annual Compensation: 2.2M NOK
Deputy Managing Director
Total Annual Compensation: 1.9M NOK
Compensation as of Fiscal Year 2013.

solstad offshore asa (SOFF) Key Developments

Solstad Offshore ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Solstad Offshore ASA reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net freight income of NOK 1,126,541,000 compared to NOK 991,871,000 a year ago. Operating result was NOK 455,159,000 compared to NOK 383,812,000 a year ago. Ordinary result before taxes was NOK 258,786,000 compared to NOK 235,837,000 a year ago. Total comprehensive income was NOK 239,275,000 or NOK 06.38 per diluted share against NOK 246,936,000 or NOK 6.18 per basic and diluted share a year ago. EBITDA was NOK 583,307,000 compared to NOK 510,286,000 a year ago. For the nine months period, the company reported net freight income of NOK 2,845,819,000 compared to NOK 2,704,799,000 a year ago. Operating result was NOK 978,350,000 compared to NOK 893,100,000 a year ago. Ordinary result before taxes was NOK 566,155,000 compared to NOK 458,433,000 a year ago. EBITDA was NOK 1,319,933,000 compared to NOK 1,218,423,000 a year ago. Total comprehensive income was NOK 572,692,000 or NOK 14.35 per diluted share against NOK 517,011,000 or NOK 11.78 per basic and diluted share a year ago. Net cash flow from operations was NOK 856,998 million against NOK 413,655 million a year ago. Investment in tangible fixed assets (vessels) was NOK 2,403,953 million against NOK 115.905 million a year ago.

Solstad Offshore ASA, Q3 2014 Earnings Call, Nov 11, 2014

Solstad Offshore ASA, Q3 2014 Earnings Call, Nov 11, 2014

Solstad Offshore ASA Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Solstad Offshore ASA announced consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net freight income of NOK 854,301,000 compared with NOK 872,301,000 for the same period a year ago. Operating profit was NOK 254,413,000 compared with NOK 328,818,000 for the same period a year ago. Ordinary profit before tax was NOK 92,606,000 compared with NOK 196,494,000 for the same period a year ago. Profit attributable to majority share was NOK 91,261,000 or NOK 2.38 per diluted share compared with NOK 193,350,000 or NOK 5.00 per diluted share for the same period a year ago. EBITDA was NOK 385,095,000 compared with NOK 408,818,000 for the same period a year ago. Net interest bearing debt was NOK 8,445,505,000 compared with NOK 8,965,012,000 for the same period a year ago. Adjusted EBITDA was NOK 385 million. For the six months, the company reported net freight income of NOK 1,680,070,000 compared with NOK 1,670,258,000 for the same period a year ago. Operating profit was NOK 523,191,000 compared with NOK 509,288,000 for the same period a year ago. Ordinary profit before tax was NOK 307,370,000 compared with NOK 222,596,000 for the same period a year ago. Profit attributable to majority share was NOK 291,760,000 or NOK 7.61 per diluted share compared with NOK 216,635,000 5.60 for the same period a year ago. EBITDA was NOK 736,625,000 compared with NOK 708,137,000 for the same period a year ago. Net cash flow from operations was NOK 554,221,000 compared with NOK 87,813,000 for the same period a year ago. Investment in tangible fixed assets (vessels) was NOK 680,109,000 compared with NOK 85,801,000 for the same period a year ago. Adjusted EBITDA was NOK 736 million.

 

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SOFF Competitors

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SOFF

Industry Average

Valuation SOFF Industry Range
Price/Earnings 4.4x
Price/Sales 0.7x
Price/Book 0.5x
Price/Cash Flow 2.5x
TEV/Sales NM Not Meaningful
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