Subsea 7 (SUBC) Stock Price, Fundamentals & Analysis

What SUBC does

Subsea 7 (SUBC) is a stock listed on the Oslo Børs in the Energy sector, within the Oil & Gas Equipment & Services industry. Headquartered in Luxembourg, Luxembourg, the company employs 13,513 people worldwide. Subsea 7 S.A. delivers offshore projects and services for the energy industry globally. Its work includes project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed, as well as tying those facilities back to fixed or floating platforms or to shore. The company also provides remotely operated vehicles and tooling for exploration and production, installs offshore wind turbine foundations and inter-array cables, performs heavy lifting for renewables structures, and offers engineering and advisory services to clients in oil and gas, renewables, and utilities.

Key numbers explained

• The current price is 324.8 NOK, up +0.68% today, with a 52-week range of 180.1 – 358.2 and a 51.7% price change over the last year.
• The trailing P/E ratio of 16.6 shows how much investors pay per unit of recent earnings; the forward P/E ratio of 13 uses expected future earnings and is typically read as a more optimistic valuation gauge.
• The dividend yield is 6%, meaning the company paid out 100% of its trailing earnings as dividends, with the next ex-dividend date on May 20, 2026.
• The beta of 0.6 suggests the stock has historically moved about half as much as the broader market in percentage terms, a measure of relative volatility.
• Revenue for the trailing twelve months is 7.52 mld. USD, growing 9.8% year over year, with a profit margin of 8.2% and an operating margin of 15.9%.
• The return on equity of 14.2% indicates how efficiently the company generates profit from shareholders' capital, while the debt-to-equity ratio of 19.5% shows a relatively low level of debt compared to equity.
• The price-to-book ratio of 2.15 compares the market price to the company's book value per share.

What to watch

Investors tracking SUBC often watch the broader energy cycle and offshore service demand, which can be influenced by oil and gas investment trends as well as growth in renewables. The company's exposure to both traditional energy and offshore wind projects means its fortunes can shift with government energy policies and capital spending decisions. Earnings reports, such as the upcoming release on Nov 19, 2026, and dividend policy changes are also common focus points. For context, SUBC is part of the OBX index, and peers like Frontline (FRO), Equinor (EQNR), TGS ASA (TGS), Vår Energi ASA (VAR), BW LPG (BWLPG), and Aker BP (AKRBP) operate in related Norwegian and energy markets.