We have just broken through all the lines on the chart. Super growth, super efficiency and a decent dividend. $SBMO (+0,35 %)
The new platform is also in operation.
"SBM Offshore announces that FPSO Alexandre de Gusmão will be officially shut-in on May 24, 2025, after achieving first oil and completing a 72-hour continuous production test leading to final offtake.
FPSO Alexandre de Gusmão has a processing capacity of 180,000 barrels of oil and 12 million m3 of gas per day.
Alexandre de Gusmão is owned and operated by special purpose vehicles owned by affiliates of SBM Offshore (55%) and its partners (45%). The FPSO will operate under 22.5-year charter and operating services agreements with Petróleo Brasileiro S. A. (Petrobras)."
To ath the road will be too long to reach it now. But the 5-year high at € 21 is in sight.