Saipem SpA
MIL:SPM
Operating Margin
Saipem SpA
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| IT |
|
Saipem SpA
MIL:SPM
|
4.7B EUR |
4%
|
|
| MY |
C
|
Carimin Petroleum Bhd
KLSE:CARIMIN
|
657.9B MYR |
14%
|
|
| US |
|
Schlumberger NV
NYSE:SLB
|
48.7B USD |
18%
|
|
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
38.6B USD |
11%
|
|
| LU |
|
Tenaris SA
MIL:TEN
|
16.9B EUR |
18%
|
|
| US |
|
Halliburton Co
NYSE:HAL
|
19.2B USD |
17%
|
|
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
14.7B USD |
12%
|
|
| FR |
|
Technip Energies NV
PAR:TE
|
6B EUR |
7%
|
|
| CN |
|
CNOOC Energy Technology & Services Ltd
SSE:600968
|
42.5B CNY |
9%
|
|
| UK |
|
Subsea 7 SA
OSE:SUBC
|
56.2B NOK |
7%
|
|
| US |
|
Nov Inc
NYSE:NOV
|
5.1B USD |
10%
|
Saipem SpA
Glance View
In the intricate world of oil and gas, Saipem SpA stands as a prominent player, weaving a legacy deeply entrenched in the exploration, production, and transportation of energy resources. Originally a subsidiary of Italian energy giant ENI, Saipem has matured over the decades into a formidable engineering and construction company specializing in the oil and gas sector. Its operations span the globe, with a significant footprint in offshore and onshore projects, which include building complex infrastructures, pipelines, rigs, and platforms essential for the extraction and processing of hydrocarbons. By leveraging its expertise in harsh and challenging environments, Saipem not only constructs but also maintains critical infrastructure, ensuring the seamless continuity of energy flows from remote blocks in the ocean to metropolitan refineries and distribution networks. Saipem's business model revolves around delivering comprehensive and innovative solutions, which enable it to generate revenue from various facets of the energy sector. Through its Engineering & Construction (E&C) and Drilling divisions, Saipem designs and executes large-scale projects, crafting bespoke solutions tailored to client needs across different terrains and climates. The company's Drilling division, both onshore and offshore, further complements its portfolio, providing services to national and international oil companies. Revenue streams are strengthened by long-term contracts with robust pipelines of projects, underscoring its role as a reliable partner in the energy supply chain. In an era where energy demands are evolving, Saipem continues to adapt by venturing into technology innovation and sustainability initiatives, seeking to navigate the shift towards cleaner energy sources while maintaining its prowess in traditional oil and gas ventures.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Saipem SpA's most recent financial statements, the company has Operating Margin of 4.2%.
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