Saipem SpA
SPM: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€6.10 | Srd | Dcghvnws |
Saipem's Current Backlog Provides Strong Revenue Visibility
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.