PGS (DB:PGS1) - Stock Price, News & Analysis

PGS1 Stock Overview

PGS ASA, junto con sus filiales, opera como empresa de geofísica marina principalmente en Noruega.

PGS1 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Cotiza un 35.7% por debajo de nuestra estimación de su valor razonable

Se prevé un crecimiento anual de los beneficios de 62.59%

Los beneficios han crecido 13.1% al año en los últimos 5 años.

Risk Analysis

Los accionistas han sido diluidos en el último año

PGS ASA Competitors

CropEnergies

XTRA:CE2

€1.0b

CropEnergies

HMSE:CE2

€1.0b

Friedrich Vorwerk Group

XTRA:VH2

€311.6m

EnviTec Biogas

XTRA:ETG

€430.7m

Price History & Performance

Summary of all time highs, changes and price drops for PGS
Historical stock prices
Current Share Price	kr0.69
52 Week High	kr0.87
52 Week Low	kr0.42
Beta	1.77
1 Month Change	10.42%
3 Month Change	9.86%
1 Year Change	-19.87%
3 Year Change	13.93%
5 Year Change	-66.94%
Change since IPO	-84.28%

Recent updates

Shareholder Returns

	PGS1	DE Energy Services	DE Market
7D	3.3%	1.4%	-0.6%
1Y	-19.9%	22.6%	4.9%

Rentabilidad frente al sector: PGS1 obtuvo unos resultados inferiores a los del sector German Energy Services , que el año pasado arrojó un rendimiento del -9.4%.

Rentabilidad vs. Mercado: PGS1 obtuvo unos resultados inferiores a los del mercado German, que fue del -1.4% el año pasado.

Price Volatility

Is PGS1's price volatile compared to industry and market?
PGS1 volatility
PGS1 Average Weekly Movement	5.8%
Energy Services Industry Average Movement	5.0%
Market Average Movement	4.7%
10% most volatile stocks in DE Market	9.6%
10% least volatile stocks in DE Market	2.4%

Precio estable de las acciones: PGS1 no ha tenido una volatilidad de precios significativa en los últimos 3 meses.

Volatilidad a lo largo del tiempo: La volatilidad semanal de PGS1 (7%) se ha mantenido estable durante el año pasado.

About the Company

Founded	Employees	CEO	Website
1991	900	Rune Pedersen	https://www.pgs.com

PGS ASA, junto con sus filiales, opera como empresa geofísica marina principalmente en Noruega. La empresa presta una amplia gama de servicios sísmicos y de yacimientos, incluida la adquisición de datos, la obtención de imágenes, la interpretación y la evaluación de yacimientos a empresas petroleras y gasísticas, así como a los mercados del almacenamiento de carbono y la energía eólica marina. También opera en Asia-Pacífico, Canadá, Egipto, América, Angola, Reino Unido, Grecia, Chipre, Ucrania, Brasil, Sudáfrica, otros países africanos, Oriente Medio y a escala internacional.

PGS ASA Fundamentals Summary

How do PGS's earnings and revenue compare to its market cap?
PGS1 fundamental statistics
Market cap	€646.51m
Earnings (TTM)	-€13.34m
Revenue (TTM)	€663.92m

1.0x

P/S Ratio

-48.5x

P/E Ratio

Is PGS1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGS1 income statement (TTM)
Revenue	US$721.50m
Cost of Revenue	US$285.80m
Gross Profit	US$435.70m
Other Expenses	US$450.20m
Earnings	-US$14.50m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	-0.015
Gross Margin	60.39%
Net Profit Margin	-2.01%
Debt/Equity Ratio	143.0%

How did PGS1 perform over the long term?

See historical performance and comparison

PGS1 Stock Overview

Rewards

Risk Analysis

PGS ASA Competitors

XTRA:CE2

€1.0b

HMSE:CE2

€1.0b

XTRA:VH2

€311.6m

XTRA:ETG

€430.7m

Price History & Performance

Recent News & Updates

PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular Malaysia

Full year 2023 earnings released: US$0.02 loss per share (vs US$0.055 loss in FY 2022)

Now 20% overvalued

PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023

Now 20% undervalued after recent price drop

Independent Director recently sold €97k worth of stock

Recent updates

PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular Malaysia

Full year 2023 earnings released: US$0.02 loss per share (vs US$0.055 loss in FY 2022)

Now 20% overvalued

PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023

Now 20% undervalued after recent price drop

Independent Director recently sold €97k worth of stock

Third quarter 2023 earnings released: US$0.007 loss per share (vs US$0.004 profit in 3Q 2022)

Now 21% undervalued

Now 21% undervalued

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data Ecosystem

Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.039 profit in 2Q 2022)

PGS ASA Provides Financial Guidance for the Second Quarter of 2023

PGS ASA Provides Financial Guidance for the Second Quarter of 2023

New major risk - Share price stability

PGS ASA to Report Q2, 2023 Results on Jul 20, 2023

High number of new directors

First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.12 loss in 1Q 2022)

Full year 2022 earnings released: US$0.06 loss per share (vs US$0.45 loss in FY 2021)

Forecast to breakeven in 2023

PGS ASA to Report Fiscal Year 2022 Results on Mar 29, 2023

PGS ASA to Report Q1, 2023 Results on Apr 27, 2023

PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 1.535975 billion.

Third quarter 2022 earnings released: EPS: US$0.003 (vs US$0.15 loss in 3Q 2021)

Forecast to breakeven in 2023

Second quarter 2022 earnings released: EPS: US$0.04 (vs US$0.066 loss in 2Q 2021)

PGS ASA (OB:PGS) commences an Equity Buyback Plan, under the authorization approved on April 27, 2022.

PGS ASA to Report Q2, 2022 Results on Jul 21, 2022

High number of new directors

PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million.

First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.10 loss in 1Q 2021)

Forecast to breakeven in 2024

High number of new directors

PGS ASA Announces Southern North Sea Reprocessing Project

PGS ASA Provides Revenue Guidance for the First Quarter of 2022

High number of new directors

PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022

PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Forecast to breakeven in 2023

Forecast to breakeven in 2024

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.084 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.07 loss per share (vs US$0.29 loss in 2Q 2020)

Petroleum Geo-Services Announces PGS Flex Vision Reveals Significant Nearfield Potential

First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.32 loss in 1Q 2020)

PGS ASA Provides Earnings Guidance for the First Quarter of 2021

Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)

Equinor Awards Multiyear 4D Framework Agreements to PGS

New 90-day high: €0.58

Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)

New 90-day high: €0.50

CGG, PGS and TGS Announce Strategic Partnership for Shared Multi-Client Data Offerings

New 90-day high: €0.43

New 90-day high: €0.33

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

New 90-day low: €0.20