PGS : Signs of improvements
>Underperform rating maintained and target price adjusted to NOK 5 (post-refinancing) - We reiterate our Underperform rating on the stock, while the momentum for the seismic segment is improving after several years of downward adjustments to capacity. Discipline (finally) seems to be required (historically difficult in the sector). Following the Q2 2022 publication, we are raising our 2022-2024 EBITDA sequence by 8% on average, while our target price now comes to NOK ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.