GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:SUBCY) » Definitions » PensionAndRetirementBenefit

SUBCY (Subsea 7) PensionAndRetirementBenefit : $9 Mil (As of Mar. 2025)


View and export this data going back to 1998. Start your Free Trial

What is Subsea 7 PensionAndRetirementBenefit?

Subsea 7's PensionAndRetirementBenefit for the quarter that ended in Mar. 2025 was $9 Mil.

Subsea 7's quarterly PensionAndRetirementBenefit declined from Sep. 2024 ($9 Mil) to Dec. 2024 ($8 Mil) but then increased from Dec. 2024 ($8 Mil) to Mar. 2025 ($9 Mil).

Subsea 7's annual PensionAndRetirementBenefit declined from Dec. 2022 ($9 Mil) to Dec. 2023 ($8 Mil) and declined from Dec. 2023 ($8 Mil) to Dec. 2024 ($8 Mil).


Subsea 7 PensionAndRetirementBenefit Historical Data

The historical data trend for Subsea 7's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Subsea 7 PensionAndRetirementBenefit Chart

Subsea 7 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 12.30 9.20 8.40 8.10

Subsea 7 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.60 8.80 9.40 8.10 8.60

Subsea 7 PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


Subsea 7 Business Description

Industry
Traded in Other Exchanges
Address
412F, Route d\'Esch, Luxembourg, LUX, L-1471
Subsea 7 SA is the engineering and construction, service provider in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. Its segments are Subsea and Conventional, Renewables, and Corporate. The group generates the majority of its revenue from the Subsea and Conventional segment includes Subsea Umbilicals, Risers and Flowlines, Conventional services, Activities associated with the provision of inspection, repair and maintenance (IRM) services, heavy lifting operations and decommissioning of redundant offshore structures, carbon capture, and utilisation and storage. Its geographic areas are Norway, Brazil, the United Kingdom, and Others.