TGS Quarterly Dividend

OSLO, NORWAY (20 February 2025) – Following the authorization from the Annual General Meeting on 28 June 2024, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.155 per share (NOK 1.73 per share) in Q1 2025.

Key information relating to the cash dividend:

  • Dividend amount and declared currency: USD 0.155 per share (equivalent to NOK 1.73 per share)
  • Last trading day including right: 26 February 2025
  • Ex-date: 27 February 2025
  • Record date: 28 February 2025
  • Payment date: 13 March 2025
  • Date of approval: 19 February 2025  

About TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit (/).



EN
20/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TGS-NOPEC Geophysical Company ASA

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad
 PRESS RELEASE

TGS Awarded 4D Streamer Acquisition Contract in the Barents Sea

TGS Awarded 4D Streamer Acquisition Contract in the Barents Sea OSLO, Norway (21 February 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure more 4D work on the Norwegian continental shelf for the 2025 summer season. We already have secured one contract in...

Felix Fischer ... (+6)
  • Felix Fischer
  • Filipe Botelho
  • Ian Wong
  • Jayanth Kandalam
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: TK Elevator, TGS ASA, CABB, Odigeo, Constellium, Asmodee, Sasol, Borr Drilling, Nemak, Victoria, OPmobility (formerly Plastic Omnium), Ithaca Energy, Cirsa, Azelis

Steffen Evjen
  • Steffen Evjen

TGS (Buy, TP: NOK140.00) - Cash conversion set to improve

While Q4 marked another quarter with weak cash flow, we remain confident TGS is set to improve its cash conversion in 2025, supported by working capital tailwinds, the full effect of synergies and a YOY uptick in vessel utilisation. That said, raised MultiClient capex and lowered OBN revenues have triggered FCF cuts for 2025–2026e, prompting us to lower our target price to NOK140 (145), while reiterating our BUY.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch