Subsea 7 SA

SUBC: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 812.00	Nxwc	Vhrmcklcb

Raising Subsea 7 FVE to NOK 120 as Offshore Oil and Gas Activity Recovers and Offshore Wind Expands

Katherine Olexa

Apr 19, 2022

After reviewing Subsea 7’s operating and financial results for 2021, we’re raising our fair value estimate to NOK 120 from NOK 111. We maintain our no-moat rating and stable moat trend.

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