Darren Sissons
Subsea 7 S.A.
SUBC-NO
TOP PICK
Sep 11, 2018
Norwegian off-shore oil services. They have more cash than debt. There's a gradual increase in off-shore energy E&P, so this will do well. Sustainable dividend. (6.4% dividend, Analysts' price target: NOK139.87)
(A Top Pick Sep 11/18, Down 22%) An offshore oil service company. Any subsea work done 300 metres or lower, there are only three companies in the world. They are buying back shares. A very good company that is caught in the oil price collapse. He would continue to hold.
Norwegian off-shore oil services. They have more cash than debt. There's a gradual increase in off-shore energy E&P, so this will do well. Sustainable dividend. (6.4% dividend, Analysts' price target: NOK139.87)