PGS : The clouds are clearing on the March 2024 deadline
>Underperform rating (target price NOK 5.6) maintained - Following the publication and conference call, we reiterate our Underperform rating on the stock and have lowered our EPS forecasts (stronger impact on 2023 due to the effect of the contract cancellation in Brazil). Momentum on the seismic segment is improving after several years of downgrades to capacity in particular, but remains fragile. The refinancing carried out by the group yesterday enables it to gu...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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