SCOMIES-7045

SCOMI ENERGY SERVICES BHD

Last Price: 0.09

TTM Dividend Yield : 0%

Coming Quarter Report: ~ 2020-11-25

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Sector: Freight & Logistics Services

Scomi Energy Services Bhd is a global technology company in the energy and logistics industries. The Company’s segments are Drilling Services, Marine Services, and Development and Production Asset and Services. The Drilling Services segment includes the supply and manufacturing of equipment, supply of a range of specialized chemicals, and provision of services. The Marine Services segment is engaged in the provision of transportation of bulk aggregates for the coal industry and other shipping-related services. The Development and Production Asset and Services segment is engaged in the provision of services in development and management of marginal hydrocarbon assets; services encompassing preparing and execution of field development plan and supplying, and operations and maintenance of offshore oil and gas facilities. All the Company’s businesses are focused on the energy and/or logistics sectors. The Company has presence in approximately 40 locations across over 20 countries.

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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. Scomi Energy Services Bhd is a service provider in the oil and gas, and coal industries. It operates through following segments: Drilling Services which supply and manufacturing of equipment, the supply of a wide range of specialised chemicals and provision of services; Marine Services which provides transportation of bulk aggregates for the coal industry and other shipping related services; and Development and Production Asset and Services. The firm generates majority revenue from Drilling services.

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