ICON-5255

ICON OFFSHORE BERHAD

Last Price: 0.115

TTM Dividend Yield : 0%

Coming Quarter Report: ~ 2020-11-28

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Sector: Oil & Gas Related Equipment and Services

Icon Offshore Berhad is a Malaysia-based investment holding company. The Company operates in integrated business operations, which consists of the vessel owning/leasing activities and provision of vessel chartering and ship management services to oil and gas and related industries. It provides offshore support vessels (OSVs) in Southeast Asia. It provides logistical support services across offshore oil and gas life cycle, from exploration and appraisal, field development, operation and maintenance, to decommissioning activities. The Company’s vessels are used for providing a range of services, including seismic survey, drilling operations support, towing, anchor handling and mooring of barges, repair and maintenance support, accommodation facilities for personnel and transportation of personnel and supplies to platforms. It also provides ship management services to third-party vessel owners. Its subsidiaries include Icon Ship Management Sdn. Bhd. and Icon Fleet Sdn. Bhd.

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Dividend

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Cash Flow

Cash Flow

In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from operations (FCFO), refers to the amount of cash a company generates from the  revenues it brings in, excluding  costs associated with long – term  investment  on capital items or investment in securities.(From Wiki)

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  1. Icon Offshore Bhd is a Malaysian service provider of an offshore support vessel. The services provided by the company include seismic survey, drilling operations, towing, anchor handling and mooring of barges, construction support, repair, and maintenance support, firefighting and emergency response, accommodation facilities for personnel, and transportation of personnel, fuel, drilling fluids, cement, water, and supplies to platforms.

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