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Subsea7 Secures Major Decommissioning Project in the North Sea
ZACKS· 2025-12-01 15:51
Key Takeaways SUBCY secures a decommissioning contract covering the Alba FSU and the Greater Stella Area's FPF-1 facility.Work includes pipeline flushing, diver support vessel operations, and seabed clearance for Ithaca Energy.Project management starts immediately in Aberdeen, with offshore activities scheduled for Q2 2026.Subsea7 S.A. (SUBCY) has secured a contract involving decommissioning activities from Ithaca Energy. Per the terms of the contract, Subsea7 will provide off-station decommissioning servic ...
Why Oceaneering International (OII) is a Top Growth Stock for the Long-Term
ZACKS· 2025-09-22 14:46
Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, helping investors identify stocks with high potential for market outperformance [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better chances of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Analyzes projected and historical earnings, sales, and cash flow to find stocks with sustainable growth potential [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing factors like one-week price change and monthly earnings estimate changes [5] VGM Score - Combines all three Style Scores to provide a comprehensive indicator for selecting stocks with attractive value, growth forecasts, and momentum [6] Zacks Rank Integration - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.64% since 1988 [7] - There are over 800 top-rated stocks available, making it essential to use Style Scores to narrow down selections [8] Stock Selection Criteria - Investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] - The direction of earnings estimate revisions is crucial; stocks with declining forecasts should be avoided regardless of Style Scores [10] Company Spotlight: Oceaneering International (OII) - Oceaneering International, founded in 1964, is a leading supplier of offshore equipment and technology solutions, generating revenues of $2.7 billion last year [11] - OII holds a Zacks Rank of 2 (Buy) and a VGM Score of A, with a Growth Style Score of A indicating a projected year-over-year earnings growth of 57.9% for the current fiscal year [12] - The company has seen a recent upward revision in earnings estimates, making it a strong candidate for investors [12][13]