Reach Subsea ASA

REACH

NO0003117202

Marine Freight & Logistics

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
5.98 ^NOK	+1.70%		+0.67%	+32.89%

Mar. 20	Reach Subsea Extends Subsea Vessel Charter, Orders Two New Remotely Operated Vehicles	MT
Mar. 20	Reach Subsea ASA Expands Fleet: Charter Option Lifted and Two New Constructor ROVs Ordered	CI

Reach Subsea Asa Proposes Dividend for the Financial Year 2023, Payable on June 11, 2024

February 14, 2024 at 01:11 pm EST

Reach Subsea ASA have decided to propose to the General Meeting a dividend of NOK 0.36 per share on the basis of the company's financial statements for the financial year 2023. Date of approval: 31 May 2024, Last day including right: 31 May 2024, Ex-date: 3 June 2024, Record date: 4 June 2024, Payment date: on or about 11 June 2024.

Latest news about Reach Subsea ASA

Reach Subsea Extends Subsea Vessel Charter, Orders Two New Remotely Operated Vehicles	Mar. 20	MT
Reach Subsea ASA Expands Fleet: Charter Option Lifted and Two New Constructor ROVs Ordered	Mar. 20	CI
Eidesvik Offshore Partners with Agalas to Build Construction Support Vessel	Feb. 19	MT
Reach Subsea Asa Proposes Dividend for the Financial Year 2023, Payable on June 11, 2024	Feb. 14	CI
Reach Subsea ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
Reach Subsea ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 14	CI
Transcript : Reach Subsea ASA, Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
Norway's Reach Subsea Lands Charter Deals for Two Vessels	Feb. 12	MT
Reach Subsea Secures NOK570 Million Contracts for Subsea Services	Jan. 19	MT
Reach Subsea Asa Announces Notice of Contract Award with Equinor for Services in Brazil and Expansion of Order Backlog	Dec. 12	CI
Reach Subsea, OceanPact Win Contract for Subsea Services on Equinor's Peregrino Field in Brazil	Dec. 12	MT
Reach Subsea Closes Acquisition of Marine Survey Company Guardian Geomatics	Nov. 15	MT
Reach Subsea ASA (OB:REACH) completed the acquisition of Guardian Geomatics Pty. Ltd. from shareholders.	Nov. 14	CI
Reach Subsea ASA Announces New Contract with Agalas for an Innovative IMR/Survey vessel	Nov. 09	CI
Reach Subsea ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Transcript : Reach Subsea ASA, Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Reach Subsea to Buy Australian Marine Survey Group Guardian Geomatics	23-10-06	MT
Reach Subsea ASA (OB:REACH) entered into an agreement to acquire Guardian Geomatics Pty. Ltd. from shareholders for AUD 15.5 million.	23-10-05	CI
Reach Subsea Extends Contract for Havila Shipping Vessel	23-09-01	MT
Reach Subsea to Seek Acquisitions	23-08-23	CI
Transcript : Reach Subsea ASA, Q2 2023 Earnings Call, Aug 23, 2023	23-08-23
Reach Subsea ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-22	CI
Reach Subsea ASA Secures Notice of Contract Award from Unnamed European Energy Group	23-08-17	MT
Reach Subsea ASA Receives Notice of Contract Award from Major European Energy Provider	23-08-17	CI
Reach Subsea Asa Approves Cash Dividend for the Financial Year 2022, Payable on or About 8 June 2023	23-05-31	CI

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Company Profile

Reach Subsea ASA, formerly Transit Invest ASA, is a Norway-based company with operations within the maritime sector. It offers subsea services as subcontractor directly to end customers. The Companyâs business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Companyâs services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.

Sector

Marine Freight & Logistics

Calendar

2024-05-08 - Q1 2024 Earnings Release

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Ratings for Reach Subsea ASA

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.5415 USD

Average target price

0.666 USD

Spread / Average Target

+23.00%

Consensus

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Other Marine Freight & Logistics

Reach Subsea ASA

Equities

REACH

NO0003117202

Marine Freight & Logistics

Reach Subsea Asa Proposes Dividend for the Financial Year 2023, Payable on June 11, 2024

EPS Revisions