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SeaBird Exploration Plc

SeaBird Exploration Plc

SBX.OL
SeaBird Exploration PlcNO flagOslo Stock Exchange
6.74
NOK
- -
- -
559.03MMarket Cap
SeaBird Exploration Plc
SBX.OL
(Oslo Stock Exchange)

Recent

price

6.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
474,097.46
439,638.5
192,740.57
285,045.38
227,853.47
166,154.24
2,733.95
3,564.67
11.51
1.57
1.7
1.65
0.67
0.34
0.44
0.42
0.44
Revenue per Share
-261,741.53
-235,215.96
-205,898.58
-20,095.99
-5,080.98
-126,996.14
1,120.04
-391.12
-29.74
-0.95
-0.88
-0.52
-0.35
-0.22
0.04
0.08
0.08
Basic EPS, GAAP
-7,033.9
-5,375.59
-152,268.87
23,296.68
26,714.65
13,759.64
-207.76
911.17
-11.06
-0.99
-0.31
0.04
0.2
-0.29
0.11
0.15
0.16
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
0.05
Dividend per Share
666,737.29
503,521.13
84,113.21
66,649.21
65,122.11
-61,871.47
803.04
976.31
7.99
2.99
1.79
1.25
0.89
0.48
0.35
0.36
0.37
Book Value per Share
806,419.49
563,967.14
74,134.43
84,031.41
63,408.74
-71,473.01
773.68
938.23
9.38
2.85
1.76
1.27
0.91
0.5
0.34
0.35
0.37
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
2
13
27
28
31
59
78
84
80
Basic Weighted Avg Shares
112
94
82
163
177
129
94
72
19
20
45
47
21
20
35
35
35
Sales/Revenue/Turnover
-12.94
-35.3
-47.62
2.03
1.69
-33.31
-14.22
7.96
-168.12
-66.3
-39.03
-22.23
-56.38
-48.9
15.23
22.89
22.89
Operating Margin (%)
44
53
83
34
27
72
29
25
21
7
17
15
7
9
6
6
6
Depreciation Expense
-62
-50
-87
-12
-4
-99
39
-8
-50
-12
-23
-15
-11
-13
3
7
7
Net Income, GAAP
- -
- -
- -
- -
- -
- -
2.45
- -
- -
- -
- -
- -
- -
- -
8
3.17
3.17
Effective Tax Rate (%)
-55.21
-53.5
-106.83
-7.05
-2.23
-76.43
40.97
-10.97
-258.48
-60.24
-51.65
-31.77
-52.35
-63.78
9.03
18.95
18.95
Profit Margin (%)
-31
-33
-5
13
- -
-135
-10
-5
-8
- -
-7
- -
-10
-16
- -
4
4
Working Capital
135
137
100
94
72
- -
31
23
4
5
- -
5
8
- -
13
10
10
LT Debt
203
133
49
53
58
-41
30
22
16
38
47
36
28
30
27
30
30
Total Equity
- -
- -
- -
- -
- -
- -
-26.96
- -
- -
- -
- -
- -
- -
- -
11.19
18.07
18.08
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
75
- -
- -
- -
- -
- -
- -
- -
12.35
19.84
19.84
Return on Capital (%)
-37.47
-37.87
-122.17
-31.18
-8.9
- -
- -
-33.38
-300.26
-46.83
-54.73
-35.8
-34.51
-45.79
11.25
23.54
23.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
3
3
3
LT Borrowings
12
11
10
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
80
80
80
Market Capitalization
34
35
38

Working Capital

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
14
15
14
Cash, Cash Equivalents & STI
2
3
4
Accounts Receivable, Net
7
8
7
Inventories
- -
- -
- -
Total Current Liabilities
12
11
10
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-10.26%
-7.78%
10.81%
Free Cash Flow
-94.08%
-29.79%
47.66%
Net Income, GAAP
23.31%
-10.82%
114.84%
Sales/Revenue/Turnover
2.57%
3.82%
2.36%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
5
3
3
9
20
2023
10
10
7
9
35
2024
10
5
10
10
35

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.04
-0.09
-0.04
- -
-0.22
2023
0.09
0.03
0.01
-0.08
0.04
2024
0.03
-0.01
0.03
0.03
0.08

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
0.02
- -
0.02
0.04
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Business
SeaBird Exploration Plc, a wholly owned subsidiary of SED Energy Holdings Plc, provides marine seismic acquisition services to the oil and gas industry, including 2D seismic surveys, source vessel services such as conventional undershoot, 4D repeat surveys, wide azimuth, push reverse, long-term charters and vessel management; it also offers ocean bottom seismic, shallow water 3D studies, ocean bottom node source work and a multi-client data library covering regions including Australia, the Hebrides, Norway and the Philippines. The company operates a specialized fleet of seismic vessels, including the Eagle Explorer, to support offshore exploration and development projects in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. Founded in 1996 and headquartered in Nicosia, Cyprus, SeaBird Exploration focuses on high-quality data acquisition with state-of-the-art equipment for contract seismic surveys and niche applications. In 2025, SeaBird's parent underwent a transformative reverse merger with Energy Drilling Pte Ltd, completed in May, resulting in a name change to SED Energy Holdings Plc and a ticker change to ENH on the Oslo Stock Exchange, establishing a diversified offshore oil and gas services platform with enhanced scale, revenue backlog exceeding USD 490 million and emphasis on shareholder distributions. Recent operational highlights include a contract extension for the Eagle Explorer through June 2025 and a new three-to-four month ocean bottom node source contract commencing mid-November 2025 in the Western Hemisphere.