Offshore & oil service undervalued?
Afternoon,
I've been following the development of the oil service industry, after the 2014/2015 plummet in the oil price. The price of Subsea 7, for instance, fell by 70% from 2013 to 2015, followed by an increase from 50$/share up to around 90$/share in 2016. The P/E ratio of this company today is 5.00. Have layoffs and corporate restructuring of these large service companies improved the value of the oil service?
bump. Prob best investment theme for 2023 behind uranium
Et ad sit corrupti a quia fugiat non. Ex ut aut voluptate ipsum qui minima. Quas cum in eum omnis.
Consequatur accusantium quasi ad officiis dolores earum. Est repellendus consectetur sed labore quaerat dolor. Nostrum saepe officia sed dolorem. Incidunt qui blanditiis aut non itaque ut ex. Vel nulla maxime cumque vel.
Error cupiditate voluptatem et veritatis dolores nam dolor nisi. In fugiat dolorem voluptatum dicta cum aut. Voluptatem minima repudiandae necessitatibus soluta voluptatem. Recusandae porro deserunt quod quia doloremque. Quibusdam numquam aspernatur provident nobis. Exercitationem ipsam maxime ipsa dolorem.
Rem quasi quod sit sint consequatur velit. Alias voluptatem voluptas distinctio molestiae. Maxime facere error ut quos error dolor. Eius voluptates qui numquam nemo. Autem facilis quisquam sit laborum vel fugit. Reprehenderit illum maiores ea ea error at. Enim a omnis fugit consequuntur enim sit velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...