Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 37.00 NOK
Change Today -1.00 / -2.63%
Volume 146.4K
FAR On Other Exchanges
Symbol
Exchange
Oslo
Stuttgart
As of 10:25 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

farstad shipping (FAR) Snapshot

Open
38.50 NOK
Previous Close
38.00 NOK
Day High
38.50 NOK
Day Low
36.70 NOK
52 Week High
04/22/14 - 128.00 NOK
52 Week Low
03/25/15 - 31.40 NOK
Market Cap
1.4B
Average Volume 10 Days
52.7K
EPS TTM
-0.21 NOK
Shares Outstanding
39.0M
EX-Date
05/13/15
P/E TM
--
Dividend
3.00 NOK
Dividend Yield
8.11%
Current Stock Chart for FARSTAD SHIPPING (FAR)

Related News

No related news articles were found.

farstad shipping (FAR) Related Businessweek News

No Related Businessweek News Found

farstad shipping (FAR) Details

Farstad Shipping ASA supplies offshore service vessels to the international oil and gas industry worldwide. The company has a fleet of vessels, such as anchor handling tug supply vessels (AHTS), which provide anchor handling and towing services for offshore platforms, barges, and production modules/vessels; platform supply vessels (PSV) for transporting supplies and equipment to and from offshore installations; and subsea vessels for operations at depths, as well as for installation and maintenance of the seabed facilities. As of March 26, 2015, it operated a fleet of 62 vessels, including 31 AHTS, 26 PSV, and 5 SUBSEA. The company has operations in the markets of North-West Europe, Brazil, and Asia. Farstad Shipping ASA was founded in 1956 and is headquartered in Ålesund, Norway.

2,200 Employees
Last Reported Date: 03/27/15
Founded in 1956

farstad shipping (FAR) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

farstad shipping (FAR) Key Developments

Farstad Shipping ASA Proposes Dividend for 2014 Payable May 27, 2015

The Board of Farstad Shipping ASA will propose a dividend for 2014 of NOK 3.00 per share to the Annual General Meeting on 12 May 2015. It will also be proposed that the above mentioned authorisations are renewed. Dividends are expected to be paid on 27 May 2015.

Farstad Shipping ASA Reports Group Earnings Results for the Year 2014

Farstad Shipping ASA reported group earnings results for the year 2014. For the year, the company reported operating income ex. sale of fixed assets of NOK 4,368.9 million against NOK 4,007.2 million a year ago. Operating profit before depreciation (EBITDA) was NOK 1,641.5 million against NOK 1,523.9 million a year ago. Operating profit (EBIT) was NOK 785.3 million against NOK 869.5 million a year ago. Pre-tax loss was NOK 7.0 million against pre-tax profit of NOK 280.0 million a year ago. Negative return on equity was 0.1% against return on equity of 3.8% a year ago. Cash flow per share including sales profit was NOK 28.29 against NOK 26.11 a year ago. Cash flow per share excluding sales profit was NOK 27.90 against NOK 25.93 a year ago. Booked equity per share was NOK 169.87 against NOK 176.36 a year ago.

Farstad Shipping ASA Reports Earnings Results for the Fourth Quarter and Full Year of 2014; Proposes Dividend for the Year of 2014

Farstad Shipping ASA reported earnings results for the fourth quarter and full year of 2014. For the quarter, the company achieved an operating income of NOK 1,111.7 million. The operating profit (EBIT) was NOK 102.8 million. The profit after taxes was negative NOK 225.8 million. For the year, the company reported operating income of NOK 4,384.0 million. The operating profit (EBIT) was NOK 785.3 million. The profit after taxes was negative NOK 8.3 million. The board will propose a dividend of NOK 3.00 per share for 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FAR:NO 37.00 NOK -1.00

FAR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Gulfmark Offshore Inc $15.85 USD -0.16
PHI Inc $31.22 USD 0.00
Rederi AB Transatlantic kr5.30 SEK -0.25
Solstad Offshore ASA 51.00 NOK +1.50
Ultrapetrol Bahamas Ltd $1.37 USD -0.12
View Industry Companies
 

Industry Analysis

FAR

Industry Average

Valuation FAR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.2x
Price/Cash Flow 1.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FARSTAD SHIPPING, please visit www.farstad.no. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.