Report

CGG : An attractive issuer in a buoyant market environment

With the oil price now above $ 100 per barrel, the environment is increasingly favourable for oil services players. After several years at the bottom of the cycle, CGG has been gradually benefiting from the recovery in investment in the sector. This trend is expected to continue and even accelerate from 2022. In this context, results should continue to recover. - >Support factors - Strong competitive position. CGG is a world leader in geosciences, providing a full ra...
Underlying
CGG
CGG

CGG is a global participant in the geophysical seismic industry. Co. manufactures geophysical equipment and provides marine, land, and airborne data acquisition services. Co. also provides geosciences services, including data imaging, seismic data characterization, geosciences and petroleum engineering consulting services, and collecting, developing and licensing geological data. Co.'s clients are in oil and gas exploration and production industies. Co. divides its activities into four segments: Equipment, Contractual Data Acquisition, Geology, Geophysics and Reservoir (GGR), and Non-Operated Resources, including eight business lines, six Corporate functions, and four Group Departments.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch