TGS TGS-NOPEC Geophysical Company ASA

TGS Quarterly Dividend

TGS Quarterly Dividend

OSLO, Norway (15 February 2024) – Following the authorization from the Annual General Meeting on 10 May 2023, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.47 per share) in Q1 2024.

Key information relating to the cash dividend:

  • Dividend amount and declared currency: USD 0.14 per share (equivalent to NOK 1.47 per share)
  • Last trading day including right: 21 February 2024
  • Ex-date: 22 February 2024
  • Record date: 23 February 2024
  • Payment date: 7 March 2024
  • Date of approval: 14 February 2024 

Company Summary     

TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as Ocean Bottom Node (OBN) data acquisition, advanced processing and analytics alongside cloud-based data applications and solutions. For more information, visit TGS online at



EN
15/02/2024

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TGSTGS-NOPEC Geophysical Company ASA

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Reports on TGS-NOPEC Geophysical Company ASA

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
TGS TGS-NOPEC Geoph...

Merger with PGS just around the corner

Only marginal changes after Q1. We are confident that the outlook is bright. Attractive valuation for combined entity: BUY, TP NOK of 180 (unch).

TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
05/10/24 May 10, 2024 1 EN
Steffen Evjen
  • Steffen Evjen
Free Trial
TGS TGS-NOPEC Geoph...

TGS (Hold, TP: NOK125.00) - Few reasons to engage near-term

Given a more muted near-term outlook, we expect cuts to consensus for the Acquisition business, but also soft utilisation of the soon-to-be-acquired PGS vessels in Q2, leaving investors few reasons to buy the stock near-term. We therefore reiterate our HOLD but have cut our target price to NOK125 (130) on our lower 2024–2026e proprietary revenue estimates.

TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
05/08/24 May 8, 2024 1 EN
ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
05/08/24 May 8, 2024 1 EN
 PRESS RELEASE
Free
TGS TGS-NOPEC Geoph...

TGS Quarterly Dividend

TGS Quarterly Dividend OSLO, NORWAY (8 May 2024) – Following the authorization from the Annual General Meeting on 10 May 2023, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.52 per share) in Q2 2024. Key information relating to the cash dividend: Dividend amount and declared currency: USD 0.14 per share (equivalent to NOK 1.52 per share)Last trading day including right: 15 May 2024 Ex-date: 16 May 2024Record date: 21 May 2024Payment date: 3 June 2024 Date of approval: 7 May 2024            Company Summary      TGS ...

May 8, 2024 1 EN
 PRESS RELEASE
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TGS TGS-NOPEC Geoph...

TGS Announces Q1 2024 Results

TGS Announces Q1 2024 Results OSLO, Norway (8 May 2024) - TGS today reported interim financial results for Q1 2024. The quarter reflected a strong development in multi-client late sales and high POC early sales rate, resulting in solid profitability in POC financials. Financial highlights: POC revenues (1) were USD 227 million compared to USD 229 million in Q1 2023 POC EBITDA of USD 143 million versus USD 119 million in Q1 2023POC operating result was USD 40 million compared to USD 25 million in Q1 2023 Contract inflow of USD 140 million during Q1 2024 compared to USD 248 million ...

May 8, 2024 1 EN

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