SINGAPORE, Feb 1, 2026, 15:44 SGT — Market closed.
Seatrium Limited (SGX:5E2) shares ended flat at S$2.11 on Friday, closing out the week with little movement ahead of Monday’s return to trade. The stock ranged between S$2.10 and S$2.13, with about 7.84 million shares changing hands. (Yahoo Finance)
The steady close came as Singapore’s Straits Times Index fell 0.5% on Friday, tracking overnight declines on Wall Street. Yangzijiang Shipbuilding, a marine-related name in the benchmark, dropped 1.8%. (The Straits Times)
What matters next is timing. Seatrium is due to release its full-year financial results for 2025 on Feb. 26 before trading starts, a filing on the Singapore Exchange showed, giving investors a near-term anchor after a muted finish to January. (ShareInvestor)
The stock has edged down about 0.5% from a week earlier, based on daily closes, even as it held steady on the final session. That kind of drift tends to leave the name vulnerable to a headline in either direction when trading resumes. (Investing)
Energy prices are one swing factor for sentiment around offshore work. Brent settled at $70.69 a barrel on Friday and U.S. crude ended at $65.21, as markets weighed tension between the United States and Iran. “It’s really all about Iran right now,” said John Kilduff at Again Capital. (Reuters)
Traders also went into the weekend watching OPEC+. The group is expected to keep its pause on oil production increases for March at a Sunday meeting, five delegates told Reuters, after Brent rose above $70 a barrel. (Reuters)
Seatrium, which builds and repairs offshore and marine assets, has been pointing to its backlog and pipeline as it tries to broaden investor focus beyond one-off disputes. In a Q&A published on Friday, the company said its net order book stood at $16.6 billion at end-September 2025, with 24 projects and deliveries extending through 2031, and that it had secured more than $3 billion in new orders since then. (The Edge Singapore)
Still, the “but” for some investors remains legal and project risk. In a broker roundup published on Friday, CGS International analysts Lim Siew Khee and Meghana Kande kept an “add” call on the stock with a $2.67 target, while Citi Research analyst Luis Hilado reiterated a “buy” rating with a $2.65 target, after news of arbitration proceedings tied to Seatrium’s partner Aibel. The requests were filed with the Stockholm Chamber of Commerce, the report said. (The Edge Singapore)
Arbitrations can drag and outcomes are hard to price. A ruling against Seatrium, or a messy settlement, could pressure margins and cash conversion just as investors look for proof that big-order execution is getting cleaner.
For now, Monday’s focus is more immediate: whether oil and broader risk appetite stay firm enough to support offshore names, or whether the market leans back into caution.
The next hard catalyst is Feb. 26, when Seatrium plans a results webcast at 11 a.m. Singapore time, after releasing its FY2025 numbers. (Seatrium)
