|Bid||228.00 x 21000|
|Ask||228.20 x 20000|
|Day's Range||227.20 - 235.30|
|52 Week Range||195.80 - 350.50|
|Beta (3Y Monthly)||2.13|
|PE Ratio (TTM)||133.37|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||9.44 (4.07%)|
|1y Target Est||34.22|
In this article we are going to estimate the intrinsic value of TGS-NOPEC Geophysical Company ASA (OB:TGS) by...
ASKER, NORWAY (4 June 2019) TGS announces today the Atlantic Margin 2019 3D multi-client project in the Norwegian Sea. This vessel has an acquisition specification designed to secure recording of refracted wavelets at target depths for full waveform inversion (FWI), while triple source will ensure high spatial resolution. The entire Atlantic Margin project will now cover more than 50,000km2 of the Norwegian Sea, and will provide the industry with the highest quality data in advance of scheduled licensing rounds in Norway.
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ASKER, NORWAY and HOUSTON, May 22, 2019—TGS and Schlumberger announced today a strategic collaboration for multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico. Supported by industry prefunding, Amendment Phase 1 commenced in early 2019 and data acquisition is expected to complete in Q3 2019. Under the collaboration agreement, TGS and WesternGeco®, the geophysical services product line of Schlumberger, will work together to develop opportunities to co-invest in additional multiclient ocean-bottom node projects in the U.S. Gulf of Mexico.
ASKER, NORWAY (21 May 2019) Following the announcement on 20 May 2019 concerning the merger plan between TGS-NOPEC Geophysical Company ASA and Spectrum ASA, an extraordinary general meeting (EGM) of TGS will be held on 21 June 2019 at the offices of the law firm, Schjødt, at Ruseløkkveien 16, in Oslo at 17:00 CET. TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company ASA ("TGS") and Spectrum ASA ("Spectrum") today announced that their respective board of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced. The merger plan is now to be submitted to and registered by the Norwegian Register of Business Enterprises. The merger plan (with appendices) is attached to this notice, and is also available on www.tgs.com.
ASKER, NORWAY (17 May 2019) - TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada. Torngat 3D will cover approximately 3,287 km2 and encompasses.
The share repurchase program will be in place until the Company's annual general meeting in May 2020, or such earlier time as the maximum number of shares has been acquired or the Board resolves to terminate the program. Any repurchased shares will be held in treasury and, subject to approval by a general meeting, thereafter be cancelled.
The Annual General Meeting of TGS held on 8 May 2019, approved that each of the Directors, other than the Chairman, should receive 1650 restricted shares in the Company as part of their compensation. The attachment shows the number of restricted shares awarded on 8 May 2019 and the total number of shares held by each of the Directors. The Company has distributed the restricted shares to the Directors from its balance of treasury shares.
(ASKER, NORWAY - 9 May 2019) - Kristian Johansen, CEO of TGS, has today purchased 2,250 shares in TGS at a price of NOK 220.99 per share. Following the transaction Kristian.
ASKER, NORWAY (9 May 2019) – Following the authorization from the Annual General Meeting on 8 May 2018, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute.
ASKER, NORWAY (9 May 2019) – TGS reported net revenues of USD 110 million in Q1 2019, compared to USD 135 million in Q1 2018. While operational investments and pre-funding.
ASKER, NORWAY (8 May 2019) - The Annual General Meeting of TGS was held on 8 May2019. All resolutions proposed were approved by the shareholders. The minutes from the Annual.
ASKER, NORWAY (3 May 2019) TGS will release its Q1 2019 results at approximately 07:00 CEST on 9 May 2019. CEO Kristian Johansen and CFO Sven Børre Larsen will present the.
ASKER, NORWAY (3 May 2019) TGS-NOPEC Geophysical Company ASA (`TGS`) on 2 May 2019 announced that it has agreed on the principle terms for the acquisition of Spectrum ASA (`Spectrum`). Kristian Johansen, ...
TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company", OSE: TGS) announced today that it has agreed on the principle terms for the acquisition of Spectrum ASA ("Spectrum", OSE: SPU), creating a leading provider of 2D and 3D seismic data. The transaction is expected to be completed as a statutory merger pursuant to Norwegian corporate law between TGS and Spectrum, with merger consideration to Spectrum shareholders in the form of 0.28x ordinary shares of TGS for each Spectrum share (the "Exchange Ratio"), in addition to a cash consideration of USD 0.27 multiplied by the Exchange Ratio subject to the transaction closing after the ex-date for the TGS dividend payable in Q3 2019 (expected to be early August 2019).
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ASKER, NORWAY (16 April 2019) The 2019 Annual General Meeting of TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company") will be held on 8 May 2019 at the offices of Schjødt law ...
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at TGS-NOPEC Geophysical Company ASA's (OB:TGS) P/E ratio and reflect on what it tells us about the company's share price. W...
ASKER, NORWAY (15 April 2019) TGS has today published the Annual Report for 2018, including the Declaration on Executive Remuneration and the Corporate Social Responsibility Report. The report can be ...
Following the announcement of several new projects so far this year, we have now committed approximately USD 240 million of investments for 2019 and we are well on track for meeting the guidance of approximately 20% investment growth," said Kristian Johansen, CEO of TGS. TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions. All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate.
ASKER, NORWAY (8 April 2019) - TGS and PGS announce the North Tablelands 3D and Southeast Grand Banks 2019 2D multi-client projects in Offshore East Canada. North Tablelands 3D will cover approximately ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The most recent earnings update TGS-NOPEC Geophysical Company ASA's (OB:TGS) released in December 2018 revealed...
TGS has been granted appeal by Borgarting Court of Appeal Asker (27 March 2019) TGS-NOPEC Geophysical Company ASA received notification on 27 March 2019 that the Borgarting Court of Appeal has granted ...