SINGAPORE, Feb 1, 2026, 15:44 SGT — The market has closed.
Seatrium Limited (SGX:5E2) finished Friday unchanged at S$2.11, wrapping up the week with minimal action before trading resumes Monday. The share price fluctuated between S$2.10 and S$2.13, on volume around 7.84 million shares. (Yahoo Finance)
The steady close unfolded alongside a 0.5% drop in Singapore’s Straits Times Index on Friday, mirroring Wall Street’s losses from the previous night. Yangzijiang Shipbuilding, a marine sector stock within the index, slid 1.8%. (The Straits Times)
Timing is key now. Seatrium plans to publish its full-year 2025 financial results on Feb. 26 before the market opens, according to a filing with the Singapore Exchange. This gives investors a clear update after a quiet end to January. (ShareInvestor)
The stock slipped roughly 0.5% compared to a week ago, measured by daily closing prices, despite finishing flat on the last session. That subtle decline leaves the stock exposed to sharp moves once trading kicks off again. (Investing)
Energy prices are key to sentiment around offshore work. Brent closed Friday at $70.69 a barrel, while U.S. crude finished at $65.21. Traders are focused on rising tensions between the United States and Iran. “It’s really all about Iran right now,” John Kilduff of Again Capital said. (Reuters)
Traders headed into the weekend eyeing OPEC+. Five delegates told Reuters the group plans to maintain its hold on boosting oil output for March during Sunday’s meeting, following Brent’s climb above $70 a barrel. (Reuters)
Seatrium, known for building and repairing offshore and marine assets, has been highlighting its backlog and pipeline to shift investor attention away from isolated disputes. In a Q&A released Friday, the company revealed its net order book reached $16.6 billion as of end-September 2025, covering 24 projects with deliveries stretching to 2031. It also reported securing over $3 billion in new orders since that date. (The Edge Singapore)
Still, legal and project risks continue to trouble some investors. In a broker note released Friday, CGS International’s Lim Siew Khee and Meghana Kande maintained an “add” rating on the stock, setting a $2.67 target. Citi Research’s Luis Hilado also stuck to his “buy” call with a $2.65 target, despite news of arbitration proceedings involving Seatrium’s partner Aibel. The arbitration requests were lodged with the Stockholm Chamber of Commerce, the report noted. (The Edge Singapore)
Arbitrations often drag on, making outcomes tough to price. A loss for Seatrium—or a messy settlement—could squeeze margins and cash conversion right when investors want clear evidence that big-order execution is improving.
Monday’s main question: will oil and broader risk appetite hold up to keep offshore stocks buoyant, or will the market shift toward caution?
Seatrium is set to hold a results webcast at 11 a.m. Singapore time on Feb. 26, following the release of its FY2025 figures. (Seatrium)
