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1 Comment
TGS-NOPEC Geophysical Company ASA is currently in a long term downtrend where the price is trading 10.7% below its 200 day moving average.
From a valuation standpoint, the stock is 94.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 4.7.
TGS-NOPEC Geophysical Company ASA's total revenue sank by 73.4% to $58M since the same quarter in the previous year.
Its net income has dropped by 201.2% to $-71M since the same quarter in the previous year.
Finally, its free cash flow fell by 45.2% to $57M since the same quarter in the previous year.
Based on the above factors, TGS-NOPEC Geophysical Company ASA gets an overall score of 1/5.
CurrencyCode | EUR |
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Industry | Oil & Gas Equipment & Services |
ISIN | NO0003078800 |
Exchange | F |
Sector | Energy |
PE Ratio | 13.0 |
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Market Cap | 1B |
Target Price | None |
Dividend Yield | 9.1% |
Beta | 0.38 |
TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. The company offers geophysical data, such as multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.
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