PGS : First message of caution on the financial situation
>A cycle trough that is too long and too deep: Reduce recommendation and target price of NOKÂ 3 - Following the publication of H1 2020 earnings and the conference call, we have adjusted down (again) our earnings forecasts (EBITDA -3% on average). Since the beginning of the year, we have revised down our forecasts for 2020-2022 EBITDA by an average of 67%. The adjustments are continuing at a rapid pace (and are accelerating), although the severity of this cyclical ...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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