{
 "as_of": "2026-11-11",
 "cmr": "nl-cm-kg/XAMS/NL0000360618",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SBM OFFSHORE (Euronext Amsterdam: NL0000360618) — research page\n\nAs of 2026-11-11 · nl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SBM OFFSHORE, listed on Euronext Amsterdam under ticker NL0000360618, with ISIN NL0000360618 and LEI 549300RDGCRYZ5QE6513. Its security type is Corporate, its segment is not on the record, its sector is not on the record, and its jurisdiction is Netherlands (KVK-registered). The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 75 filings across 59 filing days in the window 2025-11-11 to 2026-11-11, comprising 53 ad hoc, 2 AGM/EGM, 4 directors' dealings, 9 newswire releases and 7 results filings. The median gap between filing days is 7.0 days. The latest filing is a results filing dated 2026-11-05, 6 days before the record date of 2026-11-11. On Euronext Amsterdam, across 123 issuers, the median filings count is 15, the median cadence gap is 10.2 days and the median latency is 7.0 days. The sector median is not on the record.\n\n## Auditor\n\nThe auditor is not on the record. The record carries the annual report link only, and that link is a source reference and not a read. The auditor's location is not on the record, and auditor changes are not on the record.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because the register has no lifecycle type map yet. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome cannot be determined, because the chapter's orderability section carries no client categories. The rule version is acm-68000/nl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 12 research houses: ABN Amro Oddo BHF, AlphaValue, Barclays, Bernstein, Degroof Petercam, ING, Kepler Cheuvreux, Morgan Stanley, RBC Capital Markets, Van Lanschot Kempen, ABN Amro and Oddo BHF.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/549300RDGCRYZ5QE6513 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.nl-cm-kg.ai/events/XAMS/NL0000360618 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (the halt flag)\n- https://mcp.nl-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.sbmoffshore.com/investors/analyst-consensus/ (coverage)\n- https://mcp.nl-cm-kg.ai/record/XAMS/NL0000360618 (the record)\n",
 "market": "NL",
 "node": "nl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the NL vintage is not sealed; the record is the live record as of 2026-11-11",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "NL",
    "reason": "Width 0 records the annual report link only (ORDER-016: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "NL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "NL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "nl-cm-kg/XAMS/NL0000360618",
  "coverage": {
   "count": 12,
   "houses": [
    {
     "analyst": "Thijs Berkelder",
     "house": "ABN Amro Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Frédéric Lorec",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Mick Pickup",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Guillaume Delaby",
     "house": "Bernstein",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Luuk van Beek",
     "house": "Degroof Petercam",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Quirijn Mulder",
     "house": "ING",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Philip Ngotho",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Guilherme Levy",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Victoria McCulloh",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Jeremy Kincaid",
     "house": "Van Lanschot Kempen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "house": "ABN Amro",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    },
    {
     "analyst": "Thijs Berkelder",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.sbmoffshore.com/investors/analyst-consensus/",
     "result": "read: 12 of 21 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 123,
     "median_cadence_gap_days": 10.2,
     "median_filings": 15,
     "median_latency_days": 7,
     "name": "Euronext Amsterdam"
    },
    "sector": {
     "market": "NL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ad_hoc": 53,
    "agm_egm": 2,
    "directors_dealings": 4,
    "newswire_release": 9,
    "results": 7
   },
   "cadence_median_gap_days": 7,
   "filing_days": 59,
   "filings": 75,
   "latency_days": 6,
   "latest": [
    {
     "category": "inside information",
     "date": "2026-11-05",
     "source": "https://www.afm.nl/en/sector/registers/meldingenregisters/openbaarmaking-voorwetenschap/details?id=C2609-01646",
     "title": "Euronext publishes Q3 2026 results and announces a share repurchase programme",
     "type": "results"
    },
    {
     "category": "inside information",
     "date": "2026-11-05",
     "source": "https://www.afm.nl/en/sector/registers/meldingenregisters/openbaarmaking-voorwetenschap/details?id=C2501-03016",
     "title": "ForFarmers N.V.: Trading update Q3 2026",
     "type": "ad_hoc"
    },
    {
     "category": "inside information",
     "date": "2026-11-04",
     "source": "https://www.afm.nl/en/sector/registers/meldingenregisters/openbaarmaking-voorwetenschap/details?id=C2611-00283",
     "title": "Weekly share repurchase program transaction details",
     "type": "ad_hoc"
    },
    {
     "category": "inside information",
     "date": "2026-10-28",
     "source": "https://www.afm.nl/en/sector/registers/meldingenregisters/openbaarmaking-voorwetenschap/details?id=C2610-01522",
     "title": "Weekly share repurchase program transaction details",
     "type": "ad_hoc"
    },
    {
     "category": "inside information",
     "date": "2026-10-21",
     "source": "https://www.afm.nl/en/sector/registers/meldingenregisters/openbaarmaking-voorwetenschap/details?id=C2610-01129",
     "title": "Weekly share repurchase program transaction details",
     "type": "ad_hoc"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.nl-cm-kg.ai/events/XAMS/NL0000360618",
   "window": {
    "from": "2025-11-11",
    "to": "2026-11-11"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "Euronext Amsterdam"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "confirmed",
    "value": "NL0000360618"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAt KVK)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300RDGCRYZ5QE6513",
    "state": "sourced",
    "value": "Netherlands (KVK-registered)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-12",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN NL0000360618)",
    "state": "sourced",
    "value": "549300RDGCRYZ5QE6513"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "SBM OFFSHORE"
   },
   "sector": {
    "market": "NL",
    "reason": "no sector on the FIRDS record and no machine-readable register activity code",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "NL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity file (EU instrument reference data per trading venue)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds (FIRDS full equity files 2026-09-05)",
    "state": "sourced",
    "value": "NL0000360618"
   },
   "website": {
    "market": "NL",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "NL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "NL",
  "node": "nl-cm-kg",
  "numbers_hash": "sha256:769d5a72a32b9fd52549f221e13b10c8edfc70558694481691d0d187a9c41e9e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.nl-cm-kg.ai/book/aio.json",
    "door": "https://mcp.nl-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/nl/mifid-ii-product-governance/r1",
   "section": "nl.aio.v11"
  },
  "record": {
   "as_of": "2026-11-11",
   "url": "https://mcp.nl-cm-kg.ai/record/XAMS/NL0000360618",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-12",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:769d5a72a32b9fd52549f221e13b10c8edfc70558694481691d0d187a9c41e9e",
 "path": "/nl/XAMS/NL0000360618",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is SBM OFFSHORE, listed on Euronext Amsterdam under ticker NL0000360618, with ISIN NL0000360618 and LEI 549300RDGCRYZ5QE6513. Its security type is Corporate, its segment is not on the record, its sector is not on the record, and its jurisdiction is Netherlands (KVK-registered). The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 75 filings across 59 filing days in the window 2025-11-11 to 2026-11-11, comprising 53 ad hoc, 2 AGM/EGM, 4 directors' dealings, 9 newswire releases and 7 results filings. The median gap between filing days is 7.0 days. The latest filing is a results filing dated 2026-11-05, 6 days before the record date of 2026-11-11. On Euronext Amsterdam, across 123 issuers, the median filings count is 15, the median cadence gap is 10.2 days and the median latency is 7.0 days. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor is not on the record. The record carries the annual report link only, and that link is a source reference and not a read. The auditor's location is not on the record, and auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because the register has no lifecycle type map yet. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome cannot be determined, because the chapter's orderability section carries no client categories. The rule version is acm-68000/nl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 12 research houses: ABN Amro Oddo BHF, AlphaValue, Barclays, Bernstein, Degroof Petercam, ING, Kepler Cheuvreux, Morgan Stanley, RBC Capital Markets, Van Lanschot Kempen, ABN Amro and Oddo BHF.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_firds"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300RDGCRYZ5QE6513"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.nl-cm-kg.ai/events/XAMS/NL0000360618"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.nl-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.sbmoffshore.com/investors/analyst-consensus/"
  },
  {
   "for": "the record",
   "source": "https://mcp.nl-cm-kg.ai/record/XAMS/NL0000360618"
  }
 ],
 "title": "SBM OFFSHORE (NL0000360618) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}