Prosafe Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Public

  • Employees
  • 255

Employees

  • Stock Symbol
  • PRS

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $2.91
  • (As of Friday Closing)

Prosafe General Information

Description

Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels serve energy companies on various offshore projects in offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure, and decommissioning. Its core markets are the North Sea and Brazil.

Contact Information

Website
www.prosafe.com
Formerly Known As
Safe Offshore, Procon Drilling
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • PO Box 39
  • 4068 Stavanger
  • Norway
+47 51 00 00 00
Primary Industry
Other Energy
Other Industries
Buildings and Property
Stock Exchange
OSL
Vertical(s)
Corporate Office
  • PO Box 39
  • 4068 Stavanger
  • Norway
+47 51 00 00 00

Prosafe Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Prosafe Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.91 $2.93 $2.68 - $8.39 $52M 17.9M 12.7K -$2.83

Prosafe Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 420,031 491,127 461,933 1,626,796
Revenue 128,900 96,000 199,400 140,100
EBITDA 14,800 (17,100) 53,400 1,000,000
Net Income (39,300) (67,800) 1,500 927,900
Total Assets 472,000 492,700 500,000 492,800
Total Debt 418,300 419,500 422,200 423,300
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Prosafe Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Prosafe Executive Team (17)

Name Title Board Seat
Terje Askvig Chief Executive Officer
Reese McNeel Chief Financial Officer
Claudio Pereira Chief Operating Officer
Ryan Stewart Chief Strategy Officer & Chief Commercial Officer
Georgina Georgiou General Manager
You’re viewing 5 of 17 executive team members. Get the full list »

Prosafe Board Members (12)

Name Representing Role Since
000000 0000000-000 Self Board Member 000 0000
0000 0000000 Self Chairman & Board Member 000 0000
000000 00000000 Self Deputy Chairman & Board Member 000 0000
0000 00000000 Self Board Member 000 0000
00000 0000000 Self Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Prosafe Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Prosafe Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Prosafe Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Dan Swift Singapore 29-Dec-2016 000000000 0000 Other Commercial Services 0000 0000
Axis Offshore 13-Dec-2016 0000000000 0000 Cruise Lines 0000 0000
Consafe Offshore 19-Jun-2006 Merger/Acquisition 00000 Other Commercial Services 0000 0000
To view Prosafe’s complete investments and acquisitions history, request access »

Prosafe ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

20.37 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,009

Rank

00.00

Percentile

Energy Services

Industry

00 of 111

Rank

00.0

Percentile

Oil & Gas Equipment

Subindustry

00 of 88

Rank

00.0

Percentile

To view Prosafe’s complete esg history, request access »

Prosafe FAQs

  • When was Prosafe founded?

    Prosafe was founded in 1997.

  • Who is the CEO of Prosafe?

    Terje Askvig is the CEO of Prosafe.

  • Where is Prosafe headquartered?

    Prosafe is headquartered in Stavanger, Norway.

  • What is the size of Prosafe?

    Prosafe has 255 total employees.

  • What industry is Prosafe in?

    Prosafe’s primary industry is Other Energy.

  • Is Prosafe a private or public company?

    Prosafe is a Public company.

  • What is Prosafe’s stock symbol?

    The ticker symbol for Prosafe is PRS.

  • What is the current stock price of Prosafe?

    As of 06-Sep-2024 the stock price of Prosafe is $2.91.

  • What is the current market cap of Prosafe?

    The current market capitalization of Prosafe is $52M.

  • What is Prosafe’s current revenue?

    The trailing twelve month revenue for Prosafe is $129M.

  • What is Prosafe’s annual earnings per share (EPS)?

    Prosafe’s EPS for 12 months was -$2.83.

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