Elements that can influence the price of this asset:

Analysis N°1

Firstly, due to its specific activities we would closely follow the fuel commodities market, notably that of gas and crude oil, and any movements in the prices of these two assets.

Analysis N°2

We would also monitor the general economic and financial health of this industrial sector in the more developed countries as well as emerging countries.

Analysis N°3

Any new exploration or production sites, either planned or implemented by Saipem would also be advantageous indicators to use in your analyses.

Analysis N°4

Of course, we would also follow the news and publications of this group’s competitors that could directly influence this company’s share price.

Analysis N°5

Finally, we would also monitor the implementation of partnerships and the creation of joint ventures by Saipem, notably those on an international level, in order to promote its growth.

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General presentation of the Saipem Company:

The Saipem Group is therefore specialised in engineering and construction services for the oil and gas industry. However, its turnover is generated through different activities, mainly those of engineering, construction and installation services but also, to a lesser extent, those of drilling services.

The turnover of this group is generated worldwide.

 

Know the competition to Saipem shares:

Saipem is a subsidiary of the Italian ENI group and is specialised in the search, development and drilling for crude oil. It is one of the major players in the European oil sector. However, Saipem is also faced with major competition in Europe from various sized other companies. Here are the major current competitors of the Saipem Company:

 

Strategic alliances implemented by the Saipem Group:

Here are details of recent partnerships implemented by the Saipem Group.

 

Economical history

To be able to better understand the historical charts of the Saipem share price it is essential to collect and combine data issuing from a technical analysis with that of a fundamental analysis. Therefore, to assist you we have gathered here the major historical economic and financial events of this company over the past few decades.

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76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.