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Saipem (SAPMF)

(Delayed Data from OTC)

$2.23 USD

2.23
75

0.00 (0.00%)

Updated Oct 23, 2024 10:41 AM 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

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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C Value B Growth F Momentum B 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 17% (207 out of 250)

Industry: Oil and Gas - Drilling

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Zacks News

Galp Energia Initiates Second Drilling Campaign in Orange Basin

by Zacks Equity Research

GLPEY's second exploration campaign in the Orange Basin, offshore Namibia, follows the successful discovery of light oil in high-quality reservoir sands during the first campaign.

SAPMF Partners With Two Companies for Advanced Geothermal Energy

by Zacks Equity Research

Saipem, Geolog and Ignis H2 Energy join forces to develop geothermal energy solutions, paving the way for net-zero emissions in Italy and globally.

Saipem Secures Key Role in Libyan Offshore Gas Project Worth $8B

by Zacks Equity Research

SAPMF states that it has pre-qualified for EPCC work for Production Platform E, allowing the company to construct one of the largest production platforms in the Mediterranean region.

Saipem Wins Major Offshore Contract for Marjan Field in Saudi Arabia

by Zacks Equity Research

SAPMF's latest offshore contract falls under its existing Long-Term Agreement with Saudi Aramco. The contract is valued at approximately $2 billion.

Saipem Secures Major Offshore Contract Worth $4B From QatarEnergy

by Zacks Equity Research

SAPMF's latest contract win is part of the North Field production sustainability offshore compression complexes program.

Saipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026

by Zacks Equity Research

SAPMF's sixth-generation semi-submersible drilling rig secures a contract extension with Aker BP, prolonging its stay in the Norwegian Continental Shelf.

Saipem Launches XolarSurf's First Prototype for Testing in Norway

by Zacks Equity Research

SAPMF's XolarSurf is a floating solar energy system designed for harsh offshore environments. The solution can produce electricity from solar panels fitted on floaters.

Saipem Secures 2 New Offshore Contracts Worth $1B From Saudi Aramco

by Zacks Equity Research

SAPMF is responsible for the installation of production deck modules, pipelines and power cables for the Marjan, Zuluf and Safaniyah oil fields in Saudi Arabia.

Saipem (SAPMF) Wins Major Subsea Contract Offshore Azerbaijan

by Zacks Equity Research

Saipem's (SAPMF) framework agreement with BP involves carrying out offshore activities using the SCV Khankendi vessel in the Shah Deniz and Azeri-Chirag-Gunashli fields offshore Azerbaijan.

Nilanjan Choudhury headshot

3 Oil & Gas Drilling Companies With Optimistic Prospects

by Nilanjan Choudhury

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, SDRL and NBR.

Is Pedevco (PED) Outperforming Other Oils-Energy Stocks This Year?

by Zacks Equity Research

Here is how Pedevco Corp. (PED) and Saipem (SAPMF) have performed compared to their sector so far this year.

Saipem (SAPMF) Faces NOPSEMA Warning Over Safety Violations

by Zacks Equity Research

Saipem (SAPMF) lacks engineering control measures at its welding stations. These measures are not aligned with the safety protocols, thereby exposing workers to hazardous working conditions.

Saipem (SAPMF) Expands Fleet With New JSD6000 Heavy Lift Vessel

by Zacks Equity Research

Saipem (SAPMF) is set to enhance its offshore capabilities with the new JSD6000 vessel, boasting a 5,200-ton lift capacity and advanced pipeline laying technology. The vessel is set for delivery by China's ZPMC in June.

Saipem (SAPMF) Secures $850M Contract to Develop Ndungu Field

by Zacks Equity Research

Saipem (SAPMF) plans to deploy its FDS vessel for the project???s offshore installation campaign, which includes transportation and laying of the rigid pipelines.

Nilanjan Choudhury headshot

3 Potential Opportunities in the Oil & Gas Drilling Industry

by Nilanjan Choudhury

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, HP and PDS.

Saipem (SAPMF) Proceeds With Whiptail Oilfield Project in Guyana

by Zacks Equity Research

Saipem (SAPMF) receives the authorization to advance with the development of Whiptail, after receiving final approval from the clients and all necessary regulatory clearances.

Has CVR Energy (CVI) Outpaced Other Oils-Energy Stocks This Year?

by Zacks Equity Research

Here is how CVR Energy (CVI) and Saipem (SAPMF) have performed compared to their sector so far this year.

Saipem (SAPMF) Signs MoU for Subsea Technology Integration

by Zacks Equity Research

Saipem (SAPMF) and Fincantieri sign a MoU to assess potential collaboration opportunities in the field of autonomous subsea vehicles and their integration with surface and underwater units.

Saipem (SAPMF) Wins Offshore Carbon Capture Projects in the UK

by Zacks Equity Research

Saipem (SAPMF) secures the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT) projects in the United Kingdom.

Are Oils-Energy Stocks Lagging Crescent Point Energy (CPG) This Year?

by Zacks Equity Research

Here is how Crescent Point Energy (CPG) and Saipem (SAPMF) have performed compared to their sector so far this year.

Are Investors Undervaluing Saipem (SAPMF) Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Saipem (SAPMF) Faces Temporary Ban for Two Years in Brazil

by Zacks Equity Research

The Brazilian administration places restrictions on Saipem (SAPMF) for the next two years. However, the company's ongoing projects remain unaffected.

Eni (E) & BP Award Offshore Contracts Worth $700M in Total

by Zacks Equity Research

The Eni (E) and BP contracts follow Saipem's recent agreement worth $1 billion with Mellitah Oil & Gas, which involves a gas project offshore Libya.

Eni (E) Makes Oil Discovery in Eban Well Offshore Ghana

by Zacks Equity Research

Eni (E) expects to fast track the Eban prospect discovery to production with the existing infrastructure in Sankofa Hub.

Eni's (E) Versalis & Saipem to Produce Advanced Biofuel

by Zacks Equity Research

The latest deal signed by Eni's (E) chemical company Versalis can play a huge role in the overall decarbonization program of the former.