PGS PGS ASA

PGS ASA: Mandatory Notification of Trade

PGS ASA: Mandatory Notification of Trade

Lars Ragnar van der Bijl Mysen, General Counsel of PGS has on March 10, 2020 bought 15 000 shares in PGS at a price of NOK 6.51 per share. Following the transaction, Lars Ragnar van der Bijl Mysen owns 36 000 shares in PGS.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

EN
10/03/2020

Underlying

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Reports on PGS ASA

Steffen Evjen
  • Steffen Evjen

Winter is coming

Streamer vessel demand remains muted (2024e tracks ~10% below pandemic levels). We believe a potential recovery in the TGS equity case rests on supply-side discipline remaining intact despite what appears to be a challenging winter season utilisation-wise along with key peer Shearwater’s cash flow-supportive agreement with Viridien expiring in January.

ABGSC Oil & Oil Services Research ... (+6)
  • ABGSC Oil & Oil Services Research
  • Haakon Amundsen
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
  • Stian Wibstad

Crude Quarterly Q3'24: Lower oil price

Oil inventory draws for the rest of 2024. IEA is wrong – peak demand is not imminent. Both E&P and oil service shares look highly attractive.

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen

Terminating coverage

ABGSC has ceased coverage of PGS due to its acquisition by TGS.

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