Added to YB: 2026-09-08
Pitch date: 2026-09-04
ENH.OL [bullish]
SED Energy Holdings Plc
-2.3%
current return
Author Info
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Company Info
SED Energy Holdings Plc provides tender-assisted drilling services in Southeast Asia, Thailand, Myanmar, and the United States.
Market Cap
NOK 575.7M
Pitch Price
NOK 7.40
Price Target
N/A
Dividend
8.32%
EV/EBITDA
4.54
P/E
7.98
EV/Sales
2.40
Sector
Energy Equipment and Services
Category
turnaround
If you are long $BORR, you should love SED Energy ($ENH.OL).
ENH.OL: SED Energy is a low-valuation bet on rising offshore jackup demand, trading at 3.5-4x EV/EBITDA with no debt. It is bidding in the mid-$80,000s per day on active PTTEP programs where its crews, safety record and zero mobilization cost give it incumbency; premium rigs would need to bid below $80,000. Upside includes M&A capacity and options to buy two rigs, while some 2027 off days are the main risk.
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