Equities

TGS

NO0003078800

Oil Related Services and Equipment

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
130.4 ^NOK	+3.82%		+0.85%	-1.36%

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

TGS ASA Provides Revenue Guidance for Fourth Quarter 2023

January 09, 2024 at 01:00 am EST

TGS ASA provided revenue guidance for fourth quarter 2023. For the period the company expects IFRS revenues for Fourth Quarter 2023 to be approximately USD 189 million, compared to USD 219 million in Fourth Quarter 2022.

Latest news about TGS ASA

Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	Apr. 18	MT
UK Competition Watchdog to Probe TGS-PGS Merger	Apr. 12	MT
TGS ASA Provides Revenue Guidance for the First Quarter of 2024	Apr. 09	CI
TGS Announces Commencement of Penyu Basin Multi-Client 3D Seismic Offshore Peninsular Malaysia	Apr. 03	CI
TGS Consortium Kicks Off 3D Seismic Project Offshore Peninsular Malaysia	Apr. 03	MT
Nordic Shares Dropped Monday; Borr Drilling Posted Biggest Loss	Mar. 25	DJ
TGS ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
TGS ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Transcript : TGS ASA, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
TGS ASA Approves to Distribute First Quarter Dividend of 2024, Payable on 7 March 2024	Feb. 15	CI
TGS, PGS Merger Still Expected to Close in Q2	Feb. 14	MT
TGS, SLB Win Ocean Bottom Node Acquisition Contract in US Gulf of Mexico	Feb. 05	MT
Nordic Stocks Decreased Tuesday; TGS Fell Furthest	Jan. 09	DJ
TGS ASA Provides Revenue Guidance for Fourth Quarter 2023	Jan. 09	CI
TGS Consortium Obtains Prefunding for Expansion of Seismic Data Coverage in Malaysia	Jan. 08	MT
TGS Wins Ocean Bottom Node Acquisition Contract in North Sea	Dec. 20	MT
TGS Secures Three-Month Proprietary OBN Data Acquisition Contract in the North Sea	Dec. 20	CI
Orcadian shares down despite inking farm-out deal with Ping Energy	Dec. 18	AN
TGS Wins Ocean Bottom Node Acquisition Contract in Gulf of Mexico	Dec. 18	MT
TGS ASA Secures Two-Month Proprietary OBN Data Acquisition Contract in the Gulf of Mexico	Dec. 18	CI
TGS Shareholders Approve PGS Merger	Dec. 04	MT
PGS Secures Shareholder Approval for TGS Merger	Dec. 01	MT
Enefit Green Sells District Heating Businesses in Estonia, Latvia to Utilitas	Nov. 29	MT
Norway oil companies face higher investment costs due inflation	Nov. 16	RE
Norway oil companies face higher investment costs due inflation	Nov. 16	RE

Chart TGS ASA

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Company Profile

TGS ASA is one of the world's leading suppliers of 2D and 3D seismic data for prospecting and developing oil and gas deposits. The group specializes in planning, acquiring, treating, interpreting and selling non-exclusive seismic surveys (or for multi-client). Net sales break down by activity as follows: - sale of non-exclusive seismic surveys (88.1%): sale of final processed data (59.3% of net sales) and sale of sale of multi-client pre-funding contracts of unfinished data (40.7%); - sale of proprietary seismic surveys (11.9%).

Sector

Oil Related Services and Equipment

Calendar

2024-05-06 - Annual General Meeting

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Income Statement Evolution

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Ratings for TGS ASA

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

11.81 USD

Average target price

13.59 USD

Spread / Average Target

+15.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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