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Logo for company Reach Subsea ASA

Reach Subsea ASA (REACH.OL)

OSL Currency in NOK
kr 7.82
+kr 0.03
+0.38%
Last Update: 17 Jul 2025, 14:25
kr 2.56B
Market Cap
9.31
P/E Ratio (TTM)
5.37%
Forward Dividend Yield
kr 6.04 - kr 10.65
52 Week Range

REACH.OL Stock Price Chart

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REACH.OL Company Profile

Discover essential business fundamentals and corporate details for Reach Subsea ASA (REACH.OL) to support your stock research and investment decisions.

Sector

Energy

Industry

Oil & Gas Equipment & Services

IPO Date

24 Jan 2000

Employees

438.00

CEO

Jostein Alendal

Description

Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

REACH.OL Financial Timeline

Browse a chronological timeline of Reach Subsea ASA corporate events including earnings releases, dividend announcements, and stock splits.

Upcoming earnings on 6 May 2026

Upcoming earnings on 12 Feb 2026

Upcoming earnings on 18 Nov 2025

Upcoming earnings on 26 Aug 2025

EPS estimate is kr 0.03, while revenue estimate is kr 67.63M.

Dividend declared on 30 May 2025

A dividend of kr 0.42 per share was announced, adjusted to kr 0.42. The dividend was paid on 11 Jun 2025.

Earnings released on 6 May 2025

EPS came in at kr 0.17 surpassing the estimated kr 0.13 by +30.77%, while revenue for the quarter reached kr 698.74M, beating expectations by +933.20%.

Earnings released on 13 Feb 2025

EPS came in at kr 0.07 falling short of the estimated kr 0.18 by -61.11%, while revenue for the quarter reached kr 684.81M, beating expectations by +1.16K%.

Earnings released on 12 Nov 2024

EPS came in at kr 0.30 surpassing the estimated kr 0.28 by +7.14%, while revenue for the quarter reached kr 833.87M, beating expectations by +33.29%.

Earnings released on 27 Aug 2024

EPS came in at kr 0.30 falling short of the estimated kr 0.33 by -9.09%, while revenue for the quarter reached kr 623.07M, missing expectations by -5.50%.

Dividend declared on 3 Jun 2024

A dividend of kr 0.36 per share was announced, adjusted to kr 0.36. The dividend was paid on 11 Jun 2024.

Earnings released on 8 May 2024

EPS came in at kr 0.02 falling short of the estimated kr 0.09 by -77.78%, while revenue for the quarter reached kr 575.27M, missing expectations by -0.13%.

Earnings released on 14 Feb 2024

EPS came in at kr 0.18 surpassing the estimated kr 0.03 by +500.00%, while revenue for the quarter reached kr 474.14M, beating expectations by +13.70%.

Earnings released on 7 Nov 2023

EPS came in at kr 0.26 matching the estimated kr 0.26, while revenue for the quarter reached kr 651.85M, beating expectations by +15.78%.

Earnings released on 23 Aug 2023

EPS came in at kr 0.34 surpassing the estimated kr 0.32 by +6.25%, while revenue for the quarter reached kr 606.60M, beating expectations by +140.71%.

Dividend declared on 1 Jun 2023

A dividend of kr 0.18 per share was announced, adjusted to kr 0.18. The dividend was paid on 8 Jun 2023.

Earnings released on 9 May 2023

EPS came in at kr 0.02 surpassing the estimated -kr 0.04 by +149.66%, while revenue for the quarter reached kr 234.00M, missing expectations by -7.14%.

Earnings released on 14 Feb 2023

EPS came in at kr 0.05 surpassing the estimated kr 0.01 by +407.61%, while revenue for the quarter reached kr 1.16B, beating expectations by +351.72%.

Earnings released on 8 Nov 2022

EPS came in at kr 0.23 surpassing the estimated kr 0.22 by +3.05%, while revenue for the quarter reached kr 365.11M, beating expectations by +16.33%.

Earnings released on 23 Aug 2022

EPS came in at kr 0.18 surpassing the estimated kr 0.08 by +125.00%, while revenue for the quarter reached kr 340.90M, beating expectations by +16.08%.

Dividend declared on 31 May 2022

A dividend of kr 0.18 per share was announced, adjusted to kr 0.18. The dividend was paid on 8 Jun 2022.

Earnings released on 6 May 2022

EPS came in at -kr 0.23 falling short of the estimated -kr 0.08 by -187.50%, while revenue for the quarter reached kr 128.87M, missing expectations by -2.89%.

Earnings released on 8 Feb 2022

EPS came in at kr 0.16 surpassing the estimated kr 0.05 by +220.00%, while revenue for the quarter reached kr 673.25M, beating expectations by +494.82%.

Earnings released on 4 Nov 2021

EPS came in at kr 0.31 surpassing the estimated kr 0.18 by +72.22%, while revenue for the quarter reached kr 223.76M.

Earnings released on 17 Aug 2021

EPS came in at kr 0.11, while revenue for the quarter reached kr 169.80M.

Dividend declared on 14 Jun 2021

A dividend of kr 0.15 per share was announced, adjusted to kr 0.15. The dividend was paid on 21 Jun 2021.

Earnings released on 5 May 2021

EPS came in at kr 0.08, while revenue for the quarter reached kr 101.78M.

Earnings released on 23 Feb 2021

EPS came in at kr 0.07, while revenue for the quarter reached kr 618.87M.

Earnings released on 24 Nov 2020

EPS came in at kr 0.23, while revenue for the quarter reached kr 198.81M.

Earnings released on 25 Aug 2020

EPS came in at kr 0.19, while revenue for the quarter reached kr 210.93M.

REACH.OL Stock Performance

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REACH.OL
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