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Saipem SpA (SPM.MI)

Milan - Milan Delayed price. Currency in EUR
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2.4320+0.0400 (+1.67%)
As of 11:54AM CEST. Market open.
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  • Zacks

    Is Pedevco (PED) Outperforming Other Oils-Energy Stocks This Year?

    Here is how Pedevco Corp. (PED) and Saipem (SAPMF) have performed compared to their sector so far this year.

  • Zacks

    Eni (E) Sells 10% Stake of Saipem to Focus on Core Operations

    Following the divestment, Eni (E) retains 21.19% of Saipem's capital.

  • Reuters

    Eni sells 10% of Saipem at 1.970 euros per share

    ROME (Reuters) -Italian energy company Eni said on Wednesday it had completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million). Eni said in mid-March it would sell assets to keep a lid on debt and focus on core activities, laying out plans for 8 billion euros ($8.59 billion) of net proceeds through 2027. Since issuing a profit warning in 2022 Saipem has carried out a successful capital hike, restructured its operations and changed its top management.