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.
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.
We would also monitor the general economic and financial health of this industrial sector in the more developed countries as well as emerging countries.
Any new exploration or production sites, either planned or implemented by Saipem would also be advantageous indicators to use in your analyses.
Of course, we would also follow the news and publications of this group’s competitors that could directly influence this company’s share price.
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.
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.
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:
Here are details of recent partnerships implemented by the Saipem Group.
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.
