Browsing Tag
Paratus Energy Services Ltd.
2 posts
Paratus Energy paid $71.6m of H1 dividends. Seagems distributed almost exactly $71.5m
Paratus Energy Services Ltd. paid $71.6 million of cash dividends during H1 2026 while receiving $71.5 million of distributions from Seagems. The near-perfect match shows how central the Brazilian subsea joint venture has become to PLSV’s shareholder-return model.
Paratus Energy Q2 EBITDA hits $42m as $1.1bn subsea backlog supports dividends
Paratus Energy reported $42 million of Q2 adjusted EBITDA as vessel utilisation fell to 93%, but a $1.1 billion Seagems backlog and the completed Fontis sale are reshaping the company around subsea services and capital returns.