Tag: Saipem
Eni: Agreement with Saipem around bio-refining
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Saipem: price target raised at Berenberg
(CercleFinance.com) – Berenberg reaffirms its ‘buy’ recommendation on Saipem with a price target raised from 1.90 to 2.90 euros, in the wake of EPS estimates raised for 2023 and 2024…
Saipem: supported by broker comments
(CercleFinance.com) – Saipem wins 5% in Milan, supported by favorable comments from Berenberg who reaffirms his ‘buy’ recommendation with a price target raised from 1.90 to 2.90 euros on the…
Saipem plunges on the stock market, the call to the market disappoints
MILAN, July 12 (Reuters) – Italian energy services group Saipem shed up to 40% of its stock market value on Tuesday as its two billion euro capital raise was only…
Market: Saipem plunges on the stock market, the call to the market disappoints
MILAN (Reuters) – Italian energy services group Saipem shed up to 40% of its stock market value on Tuesday as its two billion euro capital raise was subscribed for just…
Saipem raises funds but not enough to get out of business, distrust of the business brings down Technip Energies
Technip Energies fell 15% on the stock market, driven by the 40% plunge of its Italian competitor Saipem. The engineer in difficulty, specialist in oil and gas drilling, wanted to…
Saipem SpA: -25% after a thunderclap
The oil services group Saipem collapsed by 25% on the Milan Stock Exchange after issuing a severe warning. In question, a “significant deterioration in margins“on certain large long-term contracts, particularly…