PGS : 2019: a year of refinancing to defer major debt maturities
>Reduce recommendation maintained, we prefer engineering specialists - We are standing by our Reduce recommendation on PGS, although we recognise that the momentum looks to be improving with price increases and greater discipline becoming more widespread. However, a key challenge in 2019 will be to reschedule the group’s average debt maturity, and any further correction could undermine the smooth execution of this phase. In the oil services chain, we still prefer engi...Petroleum Geo-Services is engaged in providing geophysical services and oil and gas production services. As of Dec. 31, 2001, Co. operated six Ramform design vessels in its marine seismic data acquisition operations.
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.
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