TGS Q2 2023 Revenue Update
Based on preliminary reporting from operating units, management of TGS ASA (“TGS”) expects IFRS revenues for Q2 2023 to be approximately USD 206 million, compared to USD 230 million in Q2 2022. POC revenues* are expected to be approximately USD 241 million, up from USD 136 million in Q2 2022. POC …
TGS Launches Well Data Analytics, a Customizable Cloud-Based Analytics Platform with Industry-Leading Well Data
TGS, a leading global provider of energy data and intelligence, is proud to unveil its groundbreaking cloud-based analytics platform, Well Data Analytics. The easy-to-use analytics tool empowers energy professionals by offering an affordable and comprehensive solution for benchmarking, predicting, and optimizing well performance, all while ensuring the utmost data quality …
TGS Announces Q1 2023 Results
TGS today reported interim financial results for Q1 2023. The quarter reflected a continued improvement in market conditions, with strong growth in both POC revenues (1) and contract inflow. Financial highlights: POC revenues (1) were 229 million compared to 114 million in Q1 2023 (+100%, +27% pro-forma including Magseis Fairfield …
TGS Q1 2023 Revenue Update
Based on preliminary reporting from operating units, management of TGS ASA (“TGS”) expects IFRS revenues for Q1 2023 to be approximately USD 173 million, compared to USD 132 million in Q1 2022. POC revenues* are expected to be approximately USD 229 million, up from USD 114 million in Q1 2022. …
TGS Announces Q3 2022 Results
Total revenue amounted to USD 135 million in Q3 2022 versus USD 200 million in Q3 2021. The late sales portion of revenues was USD 65 million, representing a substantial increase compared to the USD 31 million reported for Q3 2021. EBITDA was USD 97 million, and the operating result …
TGS and NRGX Technologies Ltd. Announce Strategic Partnership
TGS, a global provider of energy data and intelligence, announced today a partnership with NRGX to jointly provide an easy solution to scrutinizing well data quality when accessing TGS log subscriptions. This will enable customers to quickly identify the right data for their workflows through the NRGX tool. NRGX Technologies …
TGS: Today Reported iInterim Financial Results for Q4 2021
Net IFRS revenues amounted to USD 105 million in Q4 2021, compared to USD 143 million in Q4 2020. EBITDA was USD 69 million, and the operating result was USD -101 million, compared to USD 127 million and USD -25 million, respectively, in Q4 2020. Net segment revenues (1) amounted …
TGS: Included in 2022 Bloomberg Gender Equality Index for the Second Year in a Row
TGS, a global provider of energy data and intelligence, today announced it is one of 418 companies across 11 sectors and 45 countries and regions included in the 2022 Bloomberg Gender-Equality Index (GEI). Companies included in the 2022 GEI range from energy, health care, real estate, technology, utilities, and several …
TGS: Announces Q3 2021 Results
TGS today reported interim financial results for Q3 2021. Net IFRS revenues amounted to USD 200 million in Q3 2021, an increase of 243% compared to Q3 2020. EBITDA was USD 167 million, and the operating result was USD 36 million, compared to USD 40 million and USD -90 million, …
TGS Quarterly Dividend
Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.17 per share) in Q4 2021. Key information relating to the cash dividend: …