Paratus Energy Services Ltd. Announces Ex‑Dividend Status and Strong 2025 Results
Paratus Energy Services Ltd. (OSLO: PLSV) confirmed that its shares will trade ex‑dividend for the fourth‑quarter 2025 cash distribution of USD 0.22 per share (approximately NOK 2.10) as of 5 March 2026. The dividend is scheduled for payment on 13 March 2026, in accordance with the requirements of the Norwegian Securities Trading Act.
The dividend announcement follows the company’s release of its fourth‑quarter and full‑year 2025 financial results. In the final quarter, Paratus reported combined segment revenues of USD 115 million against a full‑year total of USD 452 million, and an adjusted EBITDA of USD 69 million versus USD 261 million for the year. Cash reserves stood at USD 204 million, while the net debt balance was USD 581 million.
CEO Robert Jensen highlighted the company’s ability to maintain a near‑full fleet utilisation of approximately 99 % and to generate robust cash collections in Mexico. He added that the steady cash generation from its 50/50 joint‑venture interest in Seagems, a leading subsea services provider, positions the Group to pursue strategic priorities and enhance long‑term shareholder value.
The company’s market capitalization is NOK 7.67 billion, with a price‑to‑earnings ratio of 10.77. The 52‑week range for PLSV sits between NOK 30.60 and NOK 52.00, with the latest closing price at NOK 47.64.
Paratus’ core assets remain its ownership of Fontis Energy—a fleet of five high‑specification jack‑up rigs operating in Mexico—and its joint venture in Seagems, which maintains a fleet of six multi‑purpose pipe‑laying support vessels in Brazil. These assets continue to underpin the Group’s cash‑flow profile and dividend‑paying capacity.
The company’s recent operational updates also include the deployment of fibre‑level fixed‑wireless access gear in Zambia, reflecting Paratus’ ongoing commitment to expanding its service footprint beyond conventional offshore operations.
In summary, Paratus Energy Services Ltd. maintains a solid financial footing, a consistent dividend policy, and a strategic portfolio that supports continued shareholder returns in an evolving energy services landscape.