Equities

PGS

NO0010199151

Oil Related Services and Equipment

Real-time Oslo Bors Other stock markets 03:30:08 2024-04-26 am EDT			5-day change	1st Jan Change
8.56 ^NOK	+0.47%		-1.18%	-0.07%

Apr. 18	Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	MT
Apr. 12	UK Competition Watchdog to Probe TGS-PGS Merger	MT

PGS ASA Reports Impairment Charges for the Fourth Quarter of 2020

February 04, 2021 at 03:00 am EST

PGS ASA reported impairment charges for the fourth quarter of 2020. For the quarter, the company recorded $30 million impairment on seismic vessels. And it was increased to 12% from previously approximately 11%, which has an impact on the valuation of long-lived assets.

Latest news about PGS ASA

Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	Apr. 18	MT
UK Competition Watchdog to Probe TGS-PGS Merger	Apr. 12	MT
PGS ASA Provides Earnings Guidance for the First Quarter of 2024	Apr. 09	CI
Norway's PGS Wins 3D Contract Offshore South Atlantic Margin	Apr. 08	MT
PGS ASA Receives Large 3D Contract Offshore South Atlantic Margin	Apr. 08	CI
Norway's PGS Wins 4D Survey Contract in Northern Europe	Apr. 04	MT
PGS Contract Award in Northern Europe	Apr. 04	CI
TGS Consortium Kicks Off 3D Seismic Project Offshore Peninsular Malaysia	Apr. 03	MT
PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular Malaysia	Apr. 03	CI
PGS Wins 3D Contract in Mediterranean Sea	Feb. 22	MT
PGS ASA Receives 3D Project in the Mediterranean for A Major Energy Company	Feb. 22	CI
PGS : Q4: CapEx on the upswing as cash squeezes; merger around the corner	Feb. 16
Transcript : PGS ASA, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
PGS ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 15	CI
TGS, PGS Merger Still Expected to Close in Q2	Feb. 14	MT
Norway's PGS Bags Offshore Wind Site Characterization Contract in Europe	Feb. 13	MT
PGS ASA Receives Offshore Wind Site Characterization Contract	Feb. 13	CI
PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023	Jan. 09	CI
TGS Consortium Obtains Prefunding for Expansion of Seismic Data Coverage in Malaysia	Jan. 08	MT
PGS ASA Announces Pre-Funded 2D Multiclient Project Offshore Sabah, Malaysia	Jan. 08	CI
Angola’s OPEC exit has no immediate impact on supply, focus on heavyweights	Dec. 22
Norway's PGS Lists $450 Million Bond on Oslo Børs	Dec. 21	MT
PGS : Still no trigger	Dec. 14
PGS Bags 3D Exploration Contract in Asia Pacific	Dec. 07	MT
PGS ASA Wins 3D Exploration Contract in Asia Pacific	Dec. 07	CI

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Company Profile

PGS ASA specializes in providing geophysical services and in the production of oil and gas. Net sales break down by activity as follows: - geophysical services (56.5%): acquisition, processing and marketing non-exclusive seismic data to oil and gas companies for prospecting and developing reserves, as well as the management of production fields; - seismic data acquisition services under exclusive contracts (40.8%); - seismic data processing and interpretation services (2.7%). The group also offers services enabling companies to improve their knowledge of the structure and monitoring of their reserves. Net sales are distributed geographically as follows: Norway (16.5%), the United Kingdom (5.3%), Europe (7%), Brazil (13.1%), Canada (8.4%), the Americas (13%), Angola (11.5%), Africa (9.1%), Asia/Pacific (12.5%) and other (3.6%).

Sector

Oil Related Services and Equipment

Calendar

2024-05-08 - Q1 2024 Earnings Release

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