Sea1 Offshore Inc. (OSL:SEA1)
| Market Cap | 4.42B |
| Revenue (ttm) | 2.74B |
| Net Income (ttm) | 1.15B |
| Shares Out | 153.54M |
| EPS (ttm) | 7.46 |
| PE Ratio | 3.86 |
| Forward PE | 6.71 |
| Dividend | 5.00 (17.18%) |
| Ex-Dividend Date | Apr 7, 2026 |
| Volume | 159,321 |
| Average Volume | 228,712 |
| Open | 29.45 |
| Previous Close | 29.10 |
| Day's Range | 28.40 - 29.65 |
| 52-Week Range | 17.94 - 36.35 |
| Beta | 0.35 |
| RSI | 44.46 |
| Earnings Date | Apr 30, 2026 |
About Sea1 Offshore
Sea1 Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry. The company operates through Subsea Vessels; Anchor-Handling Tug Supply (AHTS) Vessels; Platform Supply Vessels (PSVs); Fast Crew & Oil Spill Recovery Vessels; and Other segments. It provides offshore vessel activities, such as anchor handling and towing, platform supply, well intervention services, subsea operations, walk-to-work, and trenching operations for windfarms. The company has a fleet of 17 vessels, ... [Read more]
Financial Performance
In 2025, Sea1 Offshore's revenue was $271.55 million, a decrease of -20.33% compared to the previous year's $340.83 million. Earnings were $113.75 million, a decrease of -34.16%.
Financial numbers in USD Financial StatementsNews
Sea1 Offshore Earnings Call Transcript: Q4 2025
Q4 2025 saw strong operational and financial performance, with $68M revenue, 52% EBITDA margin, and 93% fleet utilization. Backlog remains robust, newbuild program is on track, and a $350M loan facility was secured for future growth.
Sea1 Offshore Earnings Call Transcript: Q3 2025
Q3 saw $63M revenue and $34M EBITDA with 93% fleet utilization, despite fewer vessels. Strong contract backlog, robust financials, and high-end new builds support a positive long-term outlook, though short-term market weakness persists in some regions.
Sea1 Offshore Earnings Call Transcript: Q2 2025
Q2 2025 saw strong financial results with $71.3M revenue, 55% EBITDA margin, and $64.9M net profit, driven by high fleet utilization and a $41.3M vessel sale gain. The firm contract backlog is $756M, with robust coverage for 2025 and a positive long-term outlook.
Sea1 Offshore Earnings Call Transcript: Q1 2025
Q1 2025 saw strong financial performance with $68.5M revenue, $40.3M EBITDA, and a 59% margin, despite a smaller fleet. Contract backlog remains robust at $812M, with positive market outlooks in all segments and continued focus on capital discipline.
Sea1 Offshore Earnings Call Transcript: Q4 2024
Q4 2024 saw strong operational and financial performance with a 52% EBITDA margin and $68.4 million in revenue, despite a smaller fleet. The company maintains a robust contract backlog, solid financial position, and positive market outlook across all segments.
Sea1 Offshore Earnings Call Transcript: Q3 2024
Q3 2024 saw strong EBITDA margin of 55% on $81.6M revenue, with net profit up 93% year-over-year. Solid contract backlog, improved financial flexibility post-refinancing, and positive outlook across all segments support future growth.
Sea1 Offshore Earnings Call Transcript: Q2 2024
Q2 2024 saw higher revenue and EBITDA, a strong contract backlog, and improved margins across all segments. Vessel sales and refinancing strengthened the balance sheet, and a NOK 5 per share dividend was authorized. Positive long-term market outlook remains.