Saipem SpA
SPM: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€5.60 | Jqwnj | Ptzhnryn |
Accelerating Offshore Activity Will Boost Saipem's Performance Over Next Five Years
Business Strategy and Outlook
Saipem offers services in three distinct business lines: asset-based services (handling engineering and construction for offshore oil and wind projects), energy carriers (covering onshore E&C), and offshore drilling.