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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 |
|---|---|
| Industry | Oil & Gas Equipment & Services |
| ISIN | NO0003078800 |
| Exchange | F |
| Sector | Energy |
| PE Ratio | 147.25 |
|---|---|
| Market Cap | 2B |
| Target Price | None |
| Dividend Yield | 5.3% |
| Beta | -0.02 |
TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. It operates through Multi client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services segments. The company offers seismic data using robust technology and imaging solutions; well data recorded expertly matched and validated, from permit to abandonment; carbon storage and monitoring solutions; wind energy data partner throughout the wind development lifecycle; solar operations; and asset management services. It also offers applications for oil and gas, new energies, data platforms, and ai/machine learning. 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 Houston, Texas.
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