Previous Close | 0.7200 |
Open | 0.7200 |
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Day's Range | 0.7200 - 0.7200 |
52 Week Range | 0.7000 - 1.0600 |
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Market Cap | 579.366M |
Beta (5Y Monthly) | 2.42 |
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EPS (TTM) | 0.0700 |
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CGG A French société anonyme with a share capital of € 7,123,811 Registered office : 27 avenue Carnot, 91300 Massy, France Evry Trade and Companies Register 969 202 241 Information on the total number of voting rights and shares Pursuant to Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial markets authority (AMF- Autorité des Marchés Financiers) Date of the informationTotal number of issued sharesNumber of actual voting rights*
Paris, France – May 23, 2023 CGG has been awarded a new contract by OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. During this time, OMV will continue to benefit from in-house access to CGG’s advanced seismic imaging and reservoir characterization technology, as well as the support of its multi-disciplinary geoscience expertise to support key energy transition areas, such as CCUS, geothermal, and mining & minerals. Peter Whiting, EVP,
Combined General Meeting and Board of Directors Meetingof May 4, 2023 Paris, France – May 4, 2023 CGG’s Combined General Meeting, presided by Mr. Philippe SALLE, Chairman of the Board of Directors, was held today in Paris. The voting results and audio replay of the event are available on the Company’s website at the following address: https://www.cgg.com/investors/shareholder-services/general-meetings. The General Meeting adopted all resolutions that were submitted to it and notably approved the
Paris, France – May 4, 2023 CGG, a global technology and HPC leader, has signed a contract to be the exclusive HPC cloud partner of Biosimulytics, an Irish pharma software company that uses artificial intelligence (AI) to dramatically improve the speed, cost, novelty and success rate in new drug development. CGG will be providing Biosimulytics with a fully customized HPC (high-performance computing), AI and cloud solution. Using CGG’s algorithm and HPC expertise enables Biosimulytics to fully sc
A strong start to the year : Revenue at $210m, up 37% y-o-y Ebitda at $66m, up 71% y-o-y PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “We delivered a strong start to the year, supported by robust performance in Geoscience, increased Earth Data sales, mainly in the Gulf of Mexico, and expected equipmen
PARIS, France April 19th, 2023 First Quarter 2023 financial results and conference call CGG will announce its first quarter 2023 financial results and host a question & answer session on Wednesday May 3rd, 2023 after the close of the markets. The press release and the presentation will be made available on our website www.cgg.com at 5:45 pm (CET).An English language analysts conference call is scheduled the same day at 6.30 pm (CET). Participants should register for the call here to receive a di
CGGSociété Anonyme with a share capital of €7,123,811Registered office: 27 avenue Carnot, 91300 MassyEvry Trade and Company Register No.: 969 202 241 AVAILABILITY AND CONSULTATION OF THE PREPARATORY DOCUMENTS FOR THE CGG COMBINED GENERAL MEETING OF THURSDAY, MAY 4, 2023 Massy, France – April 13, 2023 The Combined General Meeting of CGG (the “Company”) will be held on Thursday, May 4, 2023 at 10:30 a.m. at Espace Verso, 52 rue de la Victoire, 75009 Paris, France. The meeting notice published in t
Paris, France – March 21, 2023 CGG, a global technology and HPC leader, in a consortium with TGS and BGP, today announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname. Fast-track products for this recently completed Phase IV will be ready for review towards the middle of this year, with the final products for the entire program available in late 2023. Covering 1,800 sq km, Phase IV completes the programmed 14,500 sq km survey of newly acquired 3D data in deep a
CGGSociété Anonyme with a share capital of €7,123,753Registered office: 27 avenue Carnot, 91300 Massy, FranceNo.: 969 202 241 – RCS Evry PUBLICATION OF THE 2022 UNIVERSAL REGISTRATION DOCUMENT Massy, France – March 16, 2023 CGG announces today that it filed its 2022 Universal Registration Document with the French Financial Markets Authority (Autorité des Marchés Financiers) (AMF) on March 16, 2023 in ESEF format (European Single Electronic Format). It includes in particular: the annual financial
PARIS, France – March 2, 2023 CGG announced today the appointment of Jérôme Serve as Group Chief Financial Officer. Jérôme will succeed Yuri Baidoukov who is leaving the company for family reasons. The handover between Jérôme and Yuri will take place until Yuri’s departure on 31st March 2023. Sophie ZURQUIYAH, CEO of CGG said: “I would like to thank Yuri for his steadfast loyalty and commitment to the Group over the last four and a half years. During this time, he played an essential role in the
Q4 2022 strong financial performance with segment EBITDAs of $193m Profitability improvement in 2022 2022 positive Net Income of $43m vs $(180)m Net Loss in 2021 Higher backlog and technology leadership position expected to sustain business growth in 2023 and beyond PARIS, France – March 2, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader announced today its fourth quarter and full year 2022 audited results. Commenting on these results, Sophie Zurq
PARIS, France – February 16th, 2023 Fourth Quarter 2022 financial results and conference call CGG will announce its fourth quarter 2022 financial results and host a question & answer session on Thursday March 2nd, 2023 after the close of the markets. The press release and the presentation will be made available on our website www.cgg.com at 5:45 pm (CET)An English language analysts conference call is scheduled the same day at 6.30 pm (CET) Participants should register for the call here to receiv
Paris, France – February 9, 2023 CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, have been jointly awarded the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Balder and Ringhorne areas of the Norwegian Continental Shelf (NCS). The Heimdal Terrace OBN survey, located directly north of the Utsira OBN survey in the North Sea, will span an additional 500 square kilometer area under receivers (AUR) to
Paris, France – February 1, 2023 CGG, a global technology and HPC leader specializing in Earth science, data science, sensing and monitoring, and 2CRSi, a designer and manufacturer of high-performance energy-efficient computer servers, have signed a strategic agreement to jointly launch a new high-performance computing (HPC)-as-a-Service (HPCaaS) offering to meet the needs of HPC clients globally. The collaboration leverages decades of experience and expertise in HPC infrastructure and solutions
Q4 2022 segment revenue expected at around 321 million,sustained by solid Earth Data sales at around $147 million FY 2022 segment revenue expected at around $931 million and FY 2022 segment EBITDAs expected to be above latest guidance Q4 2022 positive Net Cash Flow expected at around $61 million PARIS, France – January 10, 2023 Fourth quarter 2022 segment revenue update CGG anticipates Q4 2022 segment revenue at around $321 million, up 48% sequentially and up 8% proforma year-on-year, driven by
Paris, France – January 9, 2022 CGG has announced the start of a new Foz do Amazonas 3D seismic reimaging project, aimed at supporting Brazil’s Permanent Offer initiative in the Equatorial Margin. The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June. The reimaging project will merge over 7700 km2 of existing public 3D seismic data in the Foz do Amazonas basin. The area has a rich network of turbiditic fans and channels
Paris, France – January 4, 2023 CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, today announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil Equatorial Margin. This survey, covering 11,425 sq km, will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin. Existing 2D data and adjacent 3D data indicate the presence of reservo
Paris, France – December 22, 2022 CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, have been jointly awarded the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Sleipner Area of the Norwegian Continental Shelf (NCS). The Sleipner OBN survey, located directly south of the Utsira OBN in the North Sea, will span an additional 1,201 square kilometer area under receivers (AUR) to increase the contiguous
Paris, France – December 16, 2022 CGG announced today the sale, to Bon Ton Seismic LLC (Bon Ton), of its US land seismic multi-client library encompassing approximately 20,000 square miles (about 52 000 km2) of 3D seismic data for a total cash consideration of US$63 million. Commenting on the transaction, Sophie Zurquiyah, CEO of CGG, said: “The sale of our US Land data library is part of a continuous process of business portfolio management that was initiated in 2018. Earth Data will continue t
Paris, France – December 5, 2022 CGG, a global technology and Earth sciences leader, has announced a new multi-client data project in Southeast Arizona focusing on exploration and development in the mining industry. The project, supported by industry funding and available to license now, will begin immediately, with final products scheduled for delivery through CGG’s proprietary GeoVerse™ platform. Dechun Lin, EVP, Earth Data, CGG, said: “Our Southeast Arizona data project represents a significa
Paris, France – November 24, 2022 CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei. Peter Whiting, EVP, Geoscience, CGG, said: “This renewal of our dedicated center contract builds on six years of technical excellence and demonstrates the trust BSP has in our imaging team and high-end technology. We look forward to strengthening our close collaboration
Soft Q3 as clients’ projects shifted to Q4 and 2023 2022 segment revenue expected to be around $900m, stable pro-forma year-on-year 2022 segment EBITDAs expected to be around $380m, up 10% and up 15% pro-forma year-on-year Strengthening market confirms favorable upcycle PARIS, France – November 2, 2022 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader announced today its third quarter 2022 non-audited results. Commenting on these results, Sophie Zurquiya
PARIS, France – October 18th, 2022 Third quarter 2022 financial results and conference call CGG will announce its third quarter 2022 financial results and host a question & answer session on Wednesday November 2nd, 2022 after the close of the markets. The press release and the presentation will be made available on our website www.cgg.com at 5:45 pm (CET)An English language analysts conference call is scheduled the same day at 6.30 pm (CET) Please note that we have switched to a new service prov
CGG Licenses New GeoVerse™ Carbon Storage Multi-Client Study to TotalEnergies Paris, France – September 27, 2022 CGG Earth Data continues to expand its new GeoVerse Carbon Storage database and screening studies. These studies provide an accurate, unique, and independent assessment of carbon storage opportunities coupled with a desktop-ready database required for informed and rapid decision making. CGG’s latest addition to this growing suite of products has been licensed to TotalEnergies. GeoVers
Paris, France – September 12, 2022 CGG announced today that Sercel, its Sensing & Monitoring division, has completed the acquisition of ION Geophysical Corporation’s (“ION”) software business. ION's software business includes: Orca: a navigation system dedicated to streamersGator: a navigation system dedicated to OBNMesa: a set of tools for optimizing land and marine seismic crewsMarlin: a software for managing simultaneous marine operations, used for marine seismic crews, as well as for various