4RS.FFrankfurt
Reach Subsea ASA
€0.53
ListedJan 19, 2021
SectorEnergy
IndustryOil & Gas Equipment & Services
CountryNorway
Employees500
State-| CityHaugesund| AddressMøllervegen 6| Phone47 40 00 77 10
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; 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; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, personnel, survey, and on demand engineering. It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction projects; specialist survey and positioning services to support international marine construction projects, offshore cable operations, rig and mooring operations, and seabed surveys; and support services for offshore power, communication, and umbilical cables, as well as supporting operation and maintenance/inspection, repair and maintenance services. In addition, the company offers geophysical monitoring solutions for hydrocarbon producing fields offshore, including 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 include multi-physical monitoring services. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
0.0
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Div. Rate
€0.04
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Div. Yield
6.83%
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Payout Ratio
127.27%
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Max Consec. Div. Years
5 years
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Longest Consec. Div.
4 years
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Div. Coverage
100%
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Div. Stability Rate
0.43
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Div. Growth Rate
100.00%
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Score
87

Dividend History

Historical dividend payments by ex-dividend date.

May 30, 2025
€ 0.0389
Jun 3, 2024
€ 0.0333
Jun 1, 2023
€ 0.0167
May 31, 2022
€ 0.0166
Jun 14, 2021
€ 0.0138

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