|Bid||11.34 x 84700|
|Ask||11.35 x 294800|
|Day's Range||11.11 - 11.98|
|52 Week Range||10.50 - 44.75|
|Beta (3Y Monthly)||4.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 17, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.09|
Per Arild Reksnes, EVP of Operations & Technology in PGS has on July 18, 2019 bought 20 000 shares in PGS at a price of NOK 11.59 per share. Following the transaction, Per.
Solid Order Intake – Continued Market Improvement Highlights Q2 2019 Segment Revenues of $215.6 million, compared to $199.4 million in Q2 2018Segment EBITDA of $135.2.
July 9, 2019: Oslo, Norway, based on a preliminary review, PGS (or “the Company”) expects to report total Segment* revenues of approximately $216 million in Q2 2019. MultiClient revenues were approximately $113 million, of which approximately $67 million prefunding and $46 million late sales. Contract revenues were approximately $94 million.
July 5, 2019: Oslo, Norway, PGS will release its second quarter and preliminary first half 2019 results on Thursday, July 18, 2019 at approximately 08:00 am Central European.
A look at the shareholders of PGS ASA (OB:PGS) can tell us which group is most powerful. Large companies usually have...
June 21, 2019: Oslo, Norway, PGS (or "the Company") announces that the 2019 long term incentive plan, as approved by the Annual General Meeting on April 24, 2019, has now been implemented by ...
June 19, 2019: Oslo, Norway, PGS and TGS announce the Jeanne d`Arc High Density 3D ("HD3D") MultiClient project in Offshore Newfoundland, East Canada. The project will cover approximately 5,000 square kilometers and encompasses multiple exploration licenses, significant discovery licenses and sections of the open acreage included in the November 2019 bid round. Following this ninth consecutive season of data acquisition in offshore East Canada, the jointly-owned library will have more than 189,000 line kilometers of 2D GeoStreamer data and approximately 56,000 square kilometers of 3D GeoStreamer data.
June 19, 2019: Oslo, Norway, reference is made to the press releases published May 27, 2019 and June 3, 2019 where PGS initiated a process ("the transaction") seeking to raise approximately $525 million of 5-year first lien term loan and approximately $150 million of 5.5-year second lien notes. The proceeds were intended to repay the Company`s existing $212 million senior notes maturing in December 2020 and $380 million term loan maturing in March 2021, and to reduce drawings under its revolving credit facility. As a result of increased volatility in the capital markets and weaker investor sentiment toward oil field service post-launch, PGS has not been able to reach the targeted terms and has decided to withdraw the proposed transaction.
1. Settlement June 11, 2019: Oslo, Norway, the PGS ASA 2016 Long Term Incentive Program settled on June 11, 2019. Employees in PGS and subsidiaries (or "the Company") have received a total number ...
It's nice to see the PGS ASA (OB:PGS) share price up 11% in a week. But that doesn't change the fact that the returns...
June 3, 2019: Oslo, Norway, following the announcement on May 27, 2019 that PGS has initiated a refinancing, the Company has launched a $150 million 5.5-year second lien debt in the form of a Senior Secured Second Lien Bond due January 2025 (the "Notes"). As previously announced, upon completion, the proceeds of the refinancing will be used by the Company to prepay its existing $380 million term loan maturing in March 2021, to redeem its existing $212 million senior notes maturing in December 2020, and to reduce drawings currently outstanding under its revolving credit facility. PGS ASA and its subsidiaries ("PGS" or "the Company") is a focused marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation.
May 27, 2019: Oslo, Norway, PGS has initiated a refinancing seeking to raise approximately $525 million in a 5-year first lien term loan. In addition, the Company is seeking to raise approximately $150 million of 5.5-year second lien debt. Upon completion, proceeds will be used to repay the Company`s existing $380 million term loan maturing in March 2021 and $212 million senior notes maturing in December 2020, and to reduce drawings under its revolving credit facility that are currently outstanding.
May 17, 2019: Oslo, Norway, PGS and TGS announce the Torngat 3D MultiClient project in Offshore East Canada. Torngat 3D will cover approximately 3,287 square kilometers and encompasses sections of the open acreage included in the Labrador South November 2021 bid round. PGS` Ramform Titan will perform the acquisition, utilizing Geostreamer® technology. The project is expected to commence in late July 2019.
May 9, 2019: Oslo, Norway, at the annual general meeting held on April 24, 2019 it was approved to change the Company`s name from Petroleum Geo-Services ASA to PGS ASA . The name change is now registered ...
Weak Q1 2019 Results - Full Year Intact Highlights Q1 2019 As Reported revenues according to IFRS of $129.3 million and EBIT loss of $42.5 million, compared to $201.3 million and EBIT loss of $7.3 million ...
April 24, 2019: Oslo, Norway, PGS (or "the Company") held its Annual General Meeting today at PGS head office, Lilleakerveien 4C, 0216 Oslo, Norway. The Annual General Meeting resolved to approve ...
April 8, 2019: Oslo, Norway, based on a preliminary review of Q1 2019 sales, PGS (or "the Company") expects to report Segment revenues of approximately $142 million and a Segment EBITDA of approximately $65 million. Total Segment MultiClient revenues for Q1 2019 are estimated to approximately $90 million. As communicated earlier, the Q1 2019 MultiClient acquisition activity was high in the quarter, but with a lower than average prefunding level.
April 8, 2019: Oslo, Norway, PGS and TGS announce the North Tablelands 3D and Southeast Grand Banks 2D MultiClient projects in Offshore East Canada. North Tablelands 3D will cover approximately 5,000 square kilometers and together with the 2018 Tablelands 3D survey, spans most of the open acreage included in the November 2020 bid round. The project is expected to commence in early June 2019, and PGS will process the GeoStreamer data from the North Tablelands 3D survey.
April 5, 2019 : OSLO, NORWAY, PGS will release its first quarter 2019 results on Thursday, April 25, 2019 at approximately 8:00 am Central European Summer Time (CEST). The earnings release and a corresponding ...
April 2, 2019: Oslo, Norway, PGS routinely releases information about 3D vessel utilization after the end of each quarter. The Q1 2019 vessel statistics includes eight vessels. PGS will release its Q1 2019 results on Thursday April 25, 2019, at approximately 8:00am Central European Summer Time (CEST).
PGS Annual General Meeting is scheduled for April 24, 2019 at 15:00 CET. The Annual General Meeting will be held at the PGS headquarters, Lilleakerveien 4C, 0216 Oslo, Norway. The calling notice and proxy ...