http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 12 Aug 2026 02:14:04 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Intl+Ratings/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Intl+Ratings/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Intl+Ratings/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Intl+Ratings/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Upgrades/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Upgrades/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Upgrades/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Upgrades/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Analyst+Comments/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Analyst+Comments/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Analyst+Comments/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html <p>Barclays analyst Mick Pickup upgraded SBM Offshore (SBMO:NA) (OTC: SBFFY) from Equalweight to Overweight with a price target of EUR49.00.</p><p>The analyst comments: “SBM is, in our view, a key equipment provider to the ongoing renaissance of globally diversified deepwater spending. It remains part of a limited set of contractors who can reliably deliver major floating infrastructure and therefore, in our view, is a vital element of the offshore story. This comes with an evolving business mix whereby its products are sold and operated, rather than leased and operated, fundamentally changing not only the earnings profile but the debt profile that http://www.streetinsider.com/Analyst+Comments/Barclays+Upgrades+SBM+Offshore+%28SBMO%3ANA%29+%28SBFFY%29+to+Overweight/26907779.html Wed, 12 Aug 2026 02:14:04 -0400 SBFFY http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Press+Releases/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html <p>Amsterdam, August 6, 2026</p> <p align="justify"><b>Highlights</b></p> <ul type="disc"><li style="margin-top:12pt; text-align:justify;">112% increase in year-to-date Directional1 revenue of US$4.9 billion</li><li style="margin-top:12pt; text-align:justify;">92% increase in year-to-date Directional EBITDA of US$1.3 billion</li><li style="margin-top:12pt; text-align:justify;">Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net cash backlog2 </li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional revenue guidance from above US$6.9 billion to around US$7.6 billion</li><li style="margin-top:12pt; text-align:justify;">Increase in full year 2026 Directional EBITDA guidance from around US$1.8 billion to around US$1.9 billion</li><li style="margin-top:12pt; text-align:justify;">FPSO SEAP I and SEAP II contracts awarded by Petrobras</li><li style="margin-top:12pt; text-align:justify;">One new Fast4Ward® hull ordered, driven by strong FPSO market http://www.streetinsider.com/Globe+Newswire/SBM+Offshore+Half+Year+2026+Earnings/26876739.html Thu, 06 Aug 2026 01:01:00 -0400 A.32908450 O.00549834 O.00972156 SBFFF SBFFY SBMO http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/Intl+Ratings/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/New+Coverage/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/New+Coverage/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/New+Coverage/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/New+Coverage/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html (Updated - July 29, 2026 6:39 AM EDT) <p>RBC Capital analyst Victoria McCulloch initiates coverage on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) with a Outperform rating and a price target of EUR45.00.</p><p>The analyst comments: “Continued demand for offshore energy and sub-$40/boe breakevens for offshore oil and gas projects continue to drive a multi year $30bn+ deepwater FPSO tender pipeline. Having underperformed the wider OFS peer group by ~14% ytd, with strong FCF yields of 18%/12% in FY27/28 and sector-leading 7% TSR (FY27e), we are initiating coverage of SBM Offshore (SBMO) with an Outperform rating and €45 PT</p><p>SBMO builds, owns and operates http://www.streetinsider.com/Analyst+Comments/RBC+Capital+Starts+SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+at+Outperform/26830034.html Wed, 29 Jul 2026 06:39:05 -0400 SBFFY http://www.streetinsider.com/Intl+Ratings/SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+PT+Lowered+to+EUR43.40+at+Morgan+Stanley/26715758.html Morgan Stanley analyst Guilherme Levy lowered the price target on SBM Offshore NV (SBMO:NA) (OTC: SBFFY) to EUR43.40 (from EUR45.00) while maintaining a Overweight rating. http://www.streetinsider.com/Intl+Ratings/SBM+Offshore+NV+%28SBMO%3ANA%29+%28SBFFY%29+PT+Lowered+to+EUR43.40+at+Morgan+Stanley/26715758.html Wed, 01 Jul 2026 04:22:51 -0400 SBFFY