View ValuationThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsPGS 将来の成長Future 基準チェック /36PGS利益と収益がそれぞれ年間38.7%と4.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に19.1% 37.9%なると予測されています。主要情報38.7%収益成長率37.93%EPS成長率Energy Services 収益成長8.2%収益成長率4.8%将来の株主資本利益率19.05%アナリストカバレッジGood最終更新日02 Jul 2024今後の成長に関する最新情報お知らせ • Apr 10PGS ASA Provides Earnings Guidance for the First Quarter of 2024PGS ASA provided earnings guidance for the first quarter of 2024. The company expects to report revenues of approximately $217 million, compared to $143.1 million in first quarter of 2023.お知らせ • Jan 10PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023PGS ASA provided financial guidance for the fourth quarter of 2023. For the period, the company expects to report Revenues and Other Income according to IFRS for Fourth Quarter 2023 of approximately $265 million, compared to $216.7 million in Fourth Quarter 2022. The Company expects Produced Revenues for Fourth Quarter 2023 of approximately $227 million, compared to $250.7 million in Fourth Quarter 2022.お知らせ • Jul 12PGS ASA Provides Financial Guidance for the Second Quarter of 2023PGS ASA provided financial guidance for the second quarter of 2023. Based on a preliminary review, the company expects to report revenues and other income according to IFRS for second quarter 2023 of approximately $156 million, compared to $273.6 million in second quarter 2022. The company expects produced revenues for second quarter 2023 of approximately $186 million, compared to $209.7 million in second quarter 2022.Breakeven Date Change • Apr 27The 5 analysts covering PGS previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$87.2m in 2023. Earnings growth of 1.8% is required to achieve expected profit on schedule.Breakeven Date Change • Jan 18Forecast to breakeven in 2023The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.8m in 2023. Average annual earnings growth of 93% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 01Forecast to breakeven in 2023The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$46.1m in 2023. Average annual earnings growth of 94% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • Jul 02+ 1 more updatePGS ASA(OB:PGS) dropped from Oslo OBX Total Return IndexPGS ASA has been dropped from Oslo OBX TOtal return Index.お知らせ • Jun 14Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS).Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS) on June 11, 2024. Following the acquisition, Glazer Capital, LLC, together with and through its management of its funds and managed accounts, none of which individually exceeds the reporting threshold, controls a total of 53,652,684 shares and votes, corresponding to 5.62% of the votes and shares outstanding. Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS) on June 11, 2024.New Risk • May 09New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.9% increase in shares outstanding).Reported Earnings • May 02Full year 2023 earnings released: US$0.016 loss per share (vs US$0.055 loss in FY 2022)Full year 2023 results: US$0.016 loss per share (improved from US$0.055 loss in FY 2022). Revenue: US$721.5m (down 13% from FY 2022). Net loss: US$14.5m (loss narrowed 56% from FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 10PGS ASA Provides Earnings Guidance for the First Quarter of 2024PGS ASA provided earnings guidance for the first quarter of 2024. The company expects to report revenues of approximately $217 million, compared to $143.1 million in first quarter of 2023.お知らせ • Apr 03PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular MalaysiaPGS together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project aims to provide insights on the exploration opportunities in a broader play fairway and to assess the carbon storage potential across Penyu Basin area. The acquisition of this new seismic data will enable clients to effectively conduct evaluation on the exploration and carbon storage potential for the upcoming Malaysia Bid Round.Reported Earnings • Feb 16Full year 2023 earnings released: US$0.02 loss per share (vs US$0.055 loss in FY 2022)Full year 2023 results: US$0.02 loss per share (improved from US$0.055 loss in FY 2022). Revenue: US$721.5m (down 13% from FY 2022). Net loss: US$14.5m (loss narrowed 56% from FY 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 08Now 20% overvaluedOver the last 90 days, the stock has fallen 32% to €0.54. The fair value is estimated to be €0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 68%.お知らせ • Jan 10PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023PGS ASA provided financial guidance for the fourth quarter of 2023. For the period, the company expects to report Revenues and Other Income according to IFRS for Fourth Quarter 2023 of approximately $265 million, compared to $216.7 million in Fourth Quarter 2022. The Company expects Produced Revenues for Fourth Quarter 2023 of approximately $227 million, compared to $250.7 million in Fourth Quarter 2022.Buying Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 68%.Recent Insider Transactions • Dec 12Independent Director recently sold €97k worth of stockOn the 8th of December, Ebrahim Attarzadeh sold around 140k shares on-market at roughly €0.69 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €134k more than they bought in the last 12 months.Reported Earnings • Oct 27Third quarter 2023 earnings released: US$0.007 loss per share (vs US$0.004 profit in 3Q 2022)Third quarter 2023 results: US$0.007 loss per share (down from US$0.004 profit in 3Q 2022). Revenue: US$157.3m (down 21% from 3Q 2022). Net loss: US$6.80m (down 362% from profit in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 11Now 21% undervaluedOver the last 90 days, the stock is up 44%. The fair value is estimated to be €0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 57%.Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 84%. The fair value is estimated to be €1.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 57%.お知らせ • Sep 20+ 1 more updateTGS 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) for NOK 9.3 billion on September 18, 2023. As per the terms of the transaction, consideration to PGS shareholders will be paid in the form of 0.06829 ordinary shares of TGS for each PGS share. Following the completion of the transaction, TGS and PGS shareholders will own approximately 2/3 and 1/3 of the combined company. The transaction is supported by the Board of Directors of both companies. Kristian Johansen and Sven Børre Larsen will continue as CEO and CFO post transaction. Definitive merger agreements are expected to be entered into in October 2023. The transaction remains subject to certain conditions, including a confirmatory due diligence by both parties, finalizing and executing a definitive merger plan, as well as customary closing conditions such as relevant regulatory approvals and consents and expiry of statutory waiting periods and no material adverse change occurring. The transaction is also subject to approval by extraordinary general meetings in both TGS and PGS with at least two-thirds majority, with closing of the transaction expected during the first half of 2024. SpareBank 1 Markets is acting as financial advisor and Schjødt is acting as legal advisor to TGS. Pareto Securities is acting as the financial advisor and Advokatfirmaet BAHR is acting as legal advisor to PGS.お知らせ • Aug 02PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data EcosystemPGS, TGS and CGG announced the launch of new tiered offerings for Versal, the MultiClient data ecosystem. This update gives the entire industry free access to Versal, representing the world's most comprehensive MultiClient data coverage - all in one centralized location. Industry professionals can also benefit from a more personalized solution, with a focus on enhanced accessibility, flexibility and value. The latest updates to the Versal platform are designed to offer even more convenience and scalability for exploration & production, data management and procurement team members through the introduction of Versal Pro and Premium tiers. Versal users now gain unlimited access to the essential data from PGS, TGS and CGG representing the majority of the world's marine MultiClient data available within a single platform. This consolidation eliminates the need to visit multiple vendor websites, streamlining workflows and saving valuable time. The new tiered access model offered by Versal brings unprecedented flexibility to clients. With the free Versal version users can view data coverage, download coverage shape files and import their map layers and shape files. By upgrading to Versal Pro, clients unlock additional benefits, including viewing entitlements, accessing vendor contracts, and downloading acquisition and processing documents. By selecting Versal Premium, clients gain access to enhanced data management capabilities such as seismic visualization and downloading entitled traces.Reported Earnings • Jul 21Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.039 profit in 2Q 2022)Second quarter 2023 results: US$0.01 loss per share (down from US$0.039 profit in 2Q 2022). Revenue: US$156.0m (down 43% from 2Q 2022). Net loss: US$9.30m (down 150% from profit in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 12PGS ASA Provides Financial Guidance for the Second Quarter of 2023PGS ASA provided financial guidance for the second quarter of 2023. Based on a preliminary review, the company expects to report revenues and other income according to IFRS for second quarter 2023 of approximately $156 million, compared to $273.6 million in second quarter 2022. The company expects produced revenues for second quarter 2023 of approximately $186 million, compared to $209.7 million in second quarter 2022.New Risk • Jul 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Shareholders have been diluted in the past year (48% increase in shares outstanding).お知らせ • Jun 30PGS ASA to Report Q2, 2023 Results on Jul 20, 2023PGS ASA announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Jul 20, 2023Board Change • May 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Emeliana Rice-Oxley was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.12 loss in 1Q 2022)First quarter 2023 results: US$0.06 loss per share. Revenue: US$143.1m (up 5.1% from 1Q 2022). Net loss: US$58.8m (loss widened 20% from 1Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Energy Services industry in Europe.Breakeven Date Change • Apr 27The 5 analysts covering PGS previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$87.2m in 2023. Earnings growth of 1.8% is required to achieve expected profit on schedule.Reported Earnings • Jan 27Full year 2022 earnings released: US$0.06 loss per share (vs US$0.45 loss in FY 2021)Full year 2022 results: US$0.06 loss per share (improved from US$0.45 loss in FY 2021). Revenue: US$825.1m (up 18% from FY 2021). Net loss: US$32.8m (loss narrowed 82% from FY 2021). Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Breakeven Date Change • Jan 18Forecast to breakeven in 2023The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.8m in 2023. Average annual earnings growth of 93% is required to achieve expected profit on schedule.お知らせ • Nov 12PGS ASA to Report Fiscal Year 2022 Results on Mar 29, 2023PGS ASA announced that they will report fiscal year 2022 results on Mar 29, 2023お知らせ • Nov 09+ 4 more updatesPGS ASA to Report Q1, 2023 Results on Apr 27, 2023PGS ASA announced that they will report Q1, 2023 results on Apr 27, 2023お知らせ • Nov 03PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 1.535975 billion.PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 1.535975 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 110,822,311 Price\Range: NOK 6.7 Security Name: Shares Security Type: Common Stock Securities Offered: 118,427,689 Price\Range: NOK 6.7 Transaction Features: Regulation S; Subsequent Direct ListingReported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.003 (vs US$0.15 loss in 3Q 2021)Third quarter 2022 results: EPS: US$0.003 (up from US$0.15 loss in 3Q 2021). Revenue: US$198.5m (up 40% from 3Q 2021). Net income: US$2.60m (up US$63.3m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Breakeven Date Change • Aug 01Forecast to breakeven in 2023The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$46.1m in 2023. Average annual earnings growth of 94% is required to achieve expected profit on schedule.Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: US$0.04 (vs US$0.066 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.04 (up from US$0.066 loss in 2Q 2021). Revenue: US$273.6m (up 47% from 2Q 2021). Net income: US$18.7m (up US$44.7m from 2Q 2021). Profit margin: 6.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 6.8%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 23PGS ASA (OB:PGS) commences an Equity Buyback Plan, under the authorization approved on April 27, 2022.PGS ASA (OB:PGS) commences share repurchases on June 22, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 27, 2022. Under the program, the company will repurchase shares with the maximum face value of NOK 120.21 million, such that the company’s holding in treasury does not exceed 10% of its issued share capital. The minimum price which may be paid for each share is NOK 3 and the maximum price which may be paid for each share is NOK 150. The purpose of the program is to allow for adjustments to the company’s capital structure. Also, the treasury shares will give the company the flexibility in terms of satisfying employee share incentive plans and as part of consideration payable for acquisitions made by the company, as part of consideration for any mergers, demergers or acquisitions involving the company, by way of cancellation of the shares in part or full, to raise funds for specific investments, for the purpose of paying down loans (including convertible loans), or in order to strengthen the company’s capital base. The program will be valid from the date of registration in the Norwegian Register of Business Enterprises and will expire on June 30, 2023.お知らせ • Jun 01PGS ASA to Report Q2, 2022 Results on Jul 21, 2022PGS ASA announced that they will report Q2, 2022 results at 8:00 AM, Central European Standard Time on Jul 21, 2022Board Change • May 31High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.お知らせ • May 04PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million.PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 74,200,000 Price\Range: NOK 3.7 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,016,216 Price\Range: NOK 3.7 Transaction Features: Regulation S; Subsequent Direct ListingReported Earnings • May 01First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.10 loss in 1Q 2021)First quarter 2022 results: US$0.12 loss per share (down from US$0.10 loss in 1Q 2021). Revenue: US$136.2m (down 18% from 1Q 2021). Net loss: US$49.2m (loss widened 26% from 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings.Breakeven Date Change • Apr 30Forecast to breakeven in 2024The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 74% per year to 2023. The company is expected to make a profit of US$4.65m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.Board Change • Apr 27High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.お知らせ • Apr 21PGS ASA Announces Southern North Sea Reprocessing ProjectPGS ASA announced that the SNS Vision data rejuvenation project from PGS will target a mature gas province in the central SNS area, with a parallel focus on post-salt carbon storage potential in the Bunter formation. Data will be ready in spring 2023. The 10 000 sq. km PSDM reprocessing will deliver a single data volume and will bring new insights into the prospectivity in this prolific gas production area. It will also provide a valuable base for energy-transition-related subsurface assessments for CCS, subsurface energy storage, and regional shallow subsurface understanding. Several vintage datasets in the area will benefit from merging and reprocessing. The data rejuvenation workflows are built on the knowledge acquired by PGS during two ongoing Vision projects, in other areas. Processing will include 2 ms high-resolution broadband processing and depth conversion based on full waveform inversion (FWI).お知らせ • Apr 11PGS ASA Provides Revenue Guidance for the First Quarter of 2022PGS ASA provided revenue guidance for the first quarter of 2022. Based on a preliminary review, the company expected to report revenues and other income according to IFRS for first quarter of 2022 of approximately $136 million, compared to $165.7 million in first quarter of 2021.Board Change • Apr 02High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.お知らせ • Mar 31PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022PGS ASA announced that they will report fiscal year 2021 results on Mar 30, 2022Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.45 loss per share (up from US$0.84 loss in FY 2020). Revenue: US$697.8m (up 48% from FY 2020). Net loss: US$179.4m (loss narrowed 44% from FY 2020). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 5.2% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.Breakeven Date Change • Feb 10Forecast to breakeven in 2023The 6 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 72% to 2022. The company is expected to make a profit of US$2.30m in 2023. Average annual earnings growth of 107% is required to achieve expected profit on schedule.Breakeven Date Change • Jan 29Forecast to breakeven in 2024The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 48% per year to 2023. The company is expected to make a profit of US$26.0m in 2024. Average annual earnings growth of 78% is required to achieve expected profit on schedule.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.45 loss per share (up from US$0.84 loss in FY 2020). Revenue: US$703.8m (up 49% from FY 2020). Net loss: US$179.4m (loss narrowed 44% from FY 2020). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 2.8% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 22Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.084 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$141.7m (up 67% from 3Q 2020). Net loss: US$60.7m (loss widened 86% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jul 23Second quarter 2021 earnings released: US$0.07 loss per share (vs US$0.29 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$185.9m (up 106% from 2Q 2020). Net loss: US$26.0m (loss narrowed 77% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.お知らせ • May 19Petroleum Geo-Services Announces PGS Flex Vision Reveals Significant Nearfield PotentialPetroleum Geo-Services announced PGS Flex Vision Reveals Significant Nearfield Potential. Additional full integrity products have been released from e PGS Flex Vision data rejuvenation program in the Gulf of Mexico. The application of new imaging technology to the prolific Flex Trend has revealed nearfield opportunities that boost potential far beyond original estimates. New data unlocks opportunities adjacent to existing discoveries, to enable infrastructure-led exploration in an area of the Gulf of Mexico that has been producing oil and gas for over two decades. Salt, the biggest challenge for exploration on the Flex Trend, is resolved with high-quality depth imaging and improved velocity control. Flex Vision Program: The final data from the Flex Vision program demonstrates striking improvements in image quality, resolution, bandwidth, and geologic accuracy. The data rejuvenation process started from field tapes and applied the latest broadband imaging techniques and workflows, from data conditioning, noise and multiple suppression, to new model building and imaging algorithms. This has provided the most comprehensive and geologically sound dataset to date. Available Products: The seamless Flex Vision rejuvenated dataset covers 727 blocks (approximately 17 000 sq. km) over the mature Shelf and Shelf Break areas of the US Gulf of Mexico, from Vermilion in the west to Grand Isle in the east, along with northern portions of Garden Banks and Green Canyon. High-resolution Kirchhoff and least-squares RTM products are now available.Reported Earnings • Apr 24First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.32 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$165.7m (up 29% from 1Q 2020). Net loss: US$39.1m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.お知らせ • Apr 14PGS ASA Provides Earnings Guidance for the First Quarter of 2021PGS ASA provided earnings guidance for the first quarter of 2021. Based on the preliminary review, the company expects to report revenues and other income as reported according to IFRS for the first quarter of 2021 of approximately $166 million, compared to $128.8 million in the first quarter of 2020.Reported Earnings • Mar 26Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$473.2m (down 49% from FY 2019). Net loss: US$321.5m (loss widened 348% from FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.お知らせ • Mar 10Equinor Awards Multiyear 4D Framework Agreements to PGSPGS is awarded two framework agreements by Equinor. One two-year framework agreement for 4D monitoring surveys on the Norwegian continental shelf. Equinor can extend this framework agreement by exercising additional two two-year options. The agreements can also be applied for the UK continental shelf. One specific framework agreement for 4D monitoring surveys at the Gullfaks field. The agreement comprises an exclusive right to acquire up to three surveys prior to 2031.Is New 90 Day High Low • Feb 17New 90-day high: €0.58The company is up 102% from its price of €0.29 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.77 per share.Reported Earnings • Feb 07Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$512.0m (down 45% from FY 2019). Net loss: US$321.5m (loss widened 348% from FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Dec 29New 90-day high: €0.50The company is up 134% from its price of €0.21 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.88 per share.お知らせ • Dec 16CGG, PGS and TGS Announce Strategic Partnership for Shared Multi-Client Data OfferingsCGG, PGS and TGS announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries. The independent, cloud-based ecosystem will offer a single search point to access all three companies’ multi-client data and allow customers to interactively find, visualize and download their subsurface assets and entitlements all in one place. A beta version is targeted for release in the first quarter of 2021, enabling clients who own data to review the technology and provide feedback, as well as giving other commercial data suppliers the opportunity to evaluate the potential of joining the collaborative approach. A full launch of the ecosystem is expected in the second half of 2021. CGG, PGS, and TGS intend to expand the scope of the project in the future to include additional features, vendors and data types.Is New 90 Day High Low • Dec 07New 90-day high: €0.43The company is up 64% from its price of €0.26 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.24 per share.Is New 90 Day High Low • Nov 20New 90-day high: €0.33The company is up 10.0% from its price of €0.30 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.92 per share.Analyst Estimate Surprise Post Earnings • Oct 22Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 5.5% at US$116.1m. Revenue is expected to shrink by 8.0% over the next year, compared to a 14% decline forecast for the Energy Services industry in Germany.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$250.4m, with losses widening by 137% from the prior year. Total revenue was US$636.9m over the last 12 months, down 27% from the prior year.Is New 90 Day High Low • Oct 21New 90-day low: €0.20The company is down 40% from its price of €0.34 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.58 per share.お知らせ • Oct 16+ 3 more updatesPGS ASA to Report Q1, 2021 Results on Apr 22, 2021PGS ASA announced that they will report Q1, 2021 results at 6:04 AM, GMT Standard Time on Apr 22, 2021お知らせ • Oct 02PGS ASA to Report Q3, 2020 Results on Oct 22, 2020PGS ASA announced that they will report Q3, 2020 results at 8:00 AM, Central European Standard Time on Oct 22, 2020Is New 90 Day High Low • Sep 29New 90-day low: €0.26The company is down 21% from its price of €0.33 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.52 per share.業績と収益の成長予測DB:PGS1 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2026933129152449412/31/202590174138422612/31/20249175812343463/31/202479642165461N/A12/31/2023722-14182467N/A9/30/2023673-80182438N/A6/30/2023714-70277498N/A3/31/2023832-42259442N/A12/31/2022825-33207371N/A9/30/2022813-81163327N/A6/30/2022756-145104264N/A3/31/2022668-189143301N/A12/31/2021698-179154327N/A9/30/2021662-186160342N/A6/30/2021606-15898293N/A3/31/2021510-24343279N/A12/31/2020473-321103367N/A9/30/2020637-250128404N/A6/30/2020828-186170490N/A3/31/2020930-124205531N/A12/31/2019931-72152474N/A9/30/2019868-106176497N/A6/30/2019755-173139478N/A3/31/2019802-113145492N/A12/31/2018874-88101446N/A9/30/2018840-25950413N/A6/30/2018885-41459398N/A3/31/2018885-45716325N/A12/31/2017839-523N/A282N/A9/30/2017757-485N/A263N/A6/30/2017774-324N/A225N/A3/31/2017716-343N/A218N/A12/31/2016764-294N/A321N/A9/30/2016840-472N/A377N/A6/30/2016841-553N/A368N/A3/31/2016914-565N/A409N/A12/31/2015962-528N/A488N/A9/30/20151,163-287N/A498N/A6/30/20151,331-168N/A658N/A3/31/20151,412-75N/A615N/A12/31/20141,454-51N/A584N/A9/30/20141,38373N/A665N/A6/30/20141,355139N/A623N/A3/31/20141,399180N/A855N/A12/31/20131,502238N/A775N/A9/30/20131,502248N/A728N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PGS1の予測収益成長率 (年間38.7% ) は 貯蓄率 ( 0.7% ) を上回っています。収益対市場: PGS1の収益 ( 38.7% ) はGerman市場 ( 16.7% ) よりも速いペースで成長すると予測されています。高成長収益: PGS1の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: PGS1の収益 ( 4.8% ) German市場 ( 6.4% ) よりも低い成長が予測されています。高い収益成長: PGS1の収益 ( 4.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PGS1の 自己資本利益率 は、3年後には低くなると予測されています ( 19.1 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/07/02 01:18終値2024/07/02 00:00収益2024/03/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PGS ASA 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Michael PickupBarclaysAsad FaridBerenbergAlexander BrooksCanaccord Genuity12 その他のアナリストを表示
お知らせ • Apr 10PGS ASA Provides Earnings Guidance for the First Quarter of 2024PGS ASA provided earnings guidance for the first quarter of 2024. The company expects to report revenues of approximately $217 million, compared to $143.1 million in first quarter of 2023.
お知らせ • Jan 10PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023PGS ASA provided financial guidance for the fourth quarter of 2023. For the period, the company expects to report Revenues and Other Income according to IFRS for Fourth Quarter 2023 of approximately $265 million, compared to $216.7 million in Fourth Quarter 2022. The Company expects Produced Revenues for Fourth Quarter 2023 of approximately $227 million, compared to $250.7 million in Fourth Quarter 2022.
お知らせ • Jul 12PGS ASA Provides Financial Guidance for the Second Quarter of 2023PGS ASA provided financial guidance for the second quarter of 2023. Based on a preliminary review, the company expects to report revenues and other income according to IFRS for second quarter 2023 of approximately $156 million, compared to $273.6 million in second quarter 2022. The company expects produced revenues for second quarter 2023 of approximately $186 million, compared to $209.7 million in second quarter 2022.
Breakeven Date Change • Apr 27The 5 analysts covering PGS previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$87.2m in 2023. Earnings growth of 1.8% is required to achieve expected profit on schedule.
Breakeven Date Change • Jan 18Forecast to breakeven in 2023The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.8m in 2023. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 01Forecast to breakeven in 2023The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$46.1m in 2023. Average annual earnings growth of 94% is required to achieve expected profit on schedule.
お知らせ • Jul 02+ 1 more updatePGS ASA(OB:PGS) dropped from Oslo OBX Total Return IndexPGS ASA has been dropped from Oslo OBX TOtal return Index.
お知らせ • Jun 14Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS).Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS) on June 11, 2024. Following the acquisition, Glazer Capital, LLC, together with and through its management of its funds and managed accounts, none of which individually exceeds the reporting threshold, controls a total of 53,652,684 shares and votes, corresponding to 5.62% of the votes and shares outstanding. Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS) on June 11, 2024.
New Risk • May 09New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.9% increase in shares outstanding).
Reported Earnings • May 02Full year 2023 earnings released: US$0.016 loss per share (vs US$0.055 loss in FY 2022)Full year 2023 results: US$0.016 loss per share (improved from US$0.055 loss in FY 2022). Revenue: US$721.5m (down 13% from FY 2022). Net loss: US$14.5m (loss narrowed 56% from FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 10PGS ASA Provides Earnings Guidance for the First Quarter of 2024PGS ASA provided earnings guidance for the first quarter of 2024. The company expects to report revenues of approximately $217 million, compared to $143.1 million in first quarter of 2023.
お知らせ • Apr 03PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular MalaysiaPGS together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project aims to provide insights on the exploration opportunities in a broader play fairway and to assess the carbon storage potential across Penyu Basin area. The acquisition of this new seismic data will enable clients to effectively conduct evaluation on the exploration and carbon storage potential for the upcoming Malaysia Bid Round.
Reported Earnings • Feb 16Full year 2023 earnings released: US$0.02 loss per share (vs US$0.055 loss in FY 2022)Full year 2023 results: US$0.02 loss per share (improved from US$0.055 loss in FY 2022). Revenue: US$721.5m (down 13% from FY 2022). Net loss: US$14.5m (loss narrowed 56% from FY 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 08Now 20% overvaluedOver the last 90 days, the stock has fallen 32% to €0.54. The fair value is estimated to be €0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 68%.
お知らせ • Jan 10PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023PGS ASA provided financial guidance for the fourth quarter of 2023. For the period, the company expects to report Revenues and Other Income according to IFRS for Fourth Quarter 2023 of approximately $265 million, compared to $216.7 million in Fourth Quarter 2022. The Company expects Produced Revenues for Fourth Quarter 2023 of approximately $227 million, compared to $250.7 million in Fourth Quarter 2022.
Buying Opportunity • Jan 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 68%.
Recent Insider Transactions • Dec 12Independent Director recently sold €97k worth of stockOn the 8th of December, Ebrahim Attarzadeh sold around 140k shares on-market at roughly €0.69 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €134k more than they bought in the last 12 months.
Reported Earnings • Oct 27Third quarter 2023 earnings released: US$0.007 loss per share (vs US$0.004 profit in 3Q 2022)Third quarter 2023 results: US$0.007 loss per share (down from US$0.004 profit in 3Q 2022). Revenue: US$157.3m (down 21% from 3Q 2022). Net loss: US$6.80m (down 362% from profit in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 11Now 21% undervaluedOver the last 90 days, the stock is up 44%. The fair value is estimated to be €0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 57%.
Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 84%. The fair value is estimated to be €1.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 57%.
お知らせ • Sep 20+ 1 more updateTGS 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) for NOK 9.3 billion on September 18, 2023. As per the terms of the transaction, consideration to PGS shareholders will be paid in the form of 0.06829 ordinary shares of TGS for each PGS share. Following the completion of the transaction, TGS and PGS shareholders will own approximately 2/3 and 1/3 of the combined company. The transaction is supported by the Board of Directors of both companies. Kristian Johansen and Sven Børre Larsen will continue as CEO and CFO post transaction. Definitive merger agreements are expected to be entered into in October 2023. The transaction remains subject to certain conditions, including a confirmatory due diligence by both parties, finalizing and executing a definitive merger plan, as well as customary closing conditions such as relevant regulatory approvals and consents and expiry of statutory waiting periods and no material adverse change occurring. The transaction is also subject to approval by extraordinary general meetings in both TGS and PGS with at least two-thirds majority, with closing of the transaction expected during the first half of 2024. SpareBank 1 Markets is acting as financial advisor and Schjødt is acting as legal advisor to TGS. Pareto Securities is acting as the financial advisor and Advokatfirmaet BAHR is acting as legal advisor to PGS.
お知らせ • Aug 02PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data EcosystemPGS, TGS and CGG announced the launch of new tiered offerings for Versal, the MultiClient data ecosystem. This update gives the entire industry free access to Versal, representing the world's most comprehensive MultiClient data coverage - all in one centralized location. Industry professionals can also benefit from a more personalized solution, with a focus on enhanced accessibility, flexibility and value. The latest updates to the Versal platform are designed to offer even more convenience and scalability for exploration & production, data management and procurement team members through the introduction of Versal Pro and Premium tiers. Versal users now gain unlimited access to the essential data from PGS, TGS and CGG representing the majority of the world's marine MultiClient data available within a single platform. This consolidation eliminates the need to visit multiple vendor websites, streamlining workflows and saving valuable time. The new tiered access model offered by Versal brings unprecedented flexibility to clients. With the free Versal version users can view data coverage, download coverage shape files and import their map layers and shape files. By upgrading to Versal Pro, clients unlock additional benefits, including viewing entitlements, accessing vendor contracts, and downloading acquisition and processing documents. By selecting Versal Premium, clients gain access to enhanced data management capabilities such as seismic visualization and downloading entitled traces.
Reported Earnings • Jul 21Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.039 profit in 2Q 2022)Second quarter 2023 results: US$0.01 loss per share (down from US$0.039 profit in 2Q 2022). Revenue: US$156.0m (down 43% from 2Q 2022). Net loss: US$9.30m (down 150% from profit in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 12PGS ASA Provides Financial Guidance for the Second Quarter of 2023PGS ASA provided financial guidance for the second quarter of 2023. Based on a preliminary review, the company expects to report revenues and other income according to IFRS for second quarter 2023 of approximately $156 million, compared to $273.6 million in second quarter 2022. The company expects produced revenues for second quarter 2023 of approximately $186 million, compared to $209.7 million in second quarter 2022.
New Risk • Jul 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Shareholders have been diluted in the past year (48% increase in shares outstanding).
お知らせ • Jun 30PGS ASA to Report Q2, 2023 Results on Jul 20, 2023PGS ASA announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Jul 20, 2023
Board Change • May 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Emeliana Rice-Oxley was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.12 loss in 1Q 2022)First quarter 2023 results: US$0.06 loss per share. Revenue: US$143.1m (up 5.1% from 1Q 2022). Net loss: US$58.8m (loss widened 20% from 1Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Energy Services industry in Europe.
Breakeven Date Change • Apr 27The 5 analysts covering PGS previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$87.2m in 2023. Earnings growth of 1.8% is required to achieve expected profit on schedule.
Reported Earnings • Jan 27Full year 2022 earnings released: US$0.06 loss per share (vs US$0.45 loss in FY 2021)Full year 2022 results: US$0.06 loss per share (improved from US$0.45 loss in FY 2021). Revenue: US$825.1m (up 18% from FY 2021). Net loss: US$32.8m (loss narrowed 82% from FY 2021). Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Jan 18Forecast to breakeven in 2023The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.8m in 2023. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
お知らせ • Nov 12PGS ASA to Report Fiscal Year 2022 Results on Mar 29, 2023PGS ASA announced that they will report fiscal year 2022 results on Mar 29, 2023
お知らせ • Nov 09+ 4 more updatesPGS ASA to Report Q1, 2023 Results on Apr 27, 2023PGS ASA announced that they will report Q1, 2023 results on Apr 27, 2023
お知らせ • Nov 03PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 1.535975 billion.PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 1.535975 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 110,822,311 Price\Range: NOK 6.7 Security Name: Shares Security Type: Common Stock Securities Offered: 118,427,689 Price\Range: NOK 6.7 Transaction Features: Regulation S; Subsequent Direct Listing
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$0.003 (vs US$0.15 loss in 3Q 2021)Third quarter 2022 results: EPS: US$0.003 (up from US$0.15 loss in 3Q 2021). Revenue: US$198.5m (up 40% from 3Q 2021). Net income: US$2.60m (up US$63.3m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Aug 01Forecast to breakeven in 2023The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$46.1m in 2023. Average annual earnings growth of 94% is required to achieve expected profit on schedule.
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: US$0.04 (vs US$0.066 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.04 (up from US$0.066 loss in 2Q 2021). Revenue: US$273.6m (up 47% from 2Q 2021). Net income: US$18.7m (up US$44.7m from 2Q 2021). Profit margin: 6.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 6.8%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 23PGS ASA (OB:PGS) commences an Equity Buyback Plan, under the authorization approved on April 27, 2022.PGS ASA (OB:PGS) commences share repurchases on June 22, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 27, 2022. Under the program, the company will repurchase shares with the maximum face value of NOK 120.21 million, such that the company’s holding in treasury does not exceed 10% of its issued share capital. The minimum price which may be paid for each share is NOK 3 and the maximum price which may be paid for each share is NOK 150. The purpose of the program is to allow for adjustments to the company’s capital structure. Also, the treasury shares will give the company the flexibility in terms of satisfying employee share incentive plans and as part of consideration payable for acquisitions made by the company, as part of consideration for any mergers, demergers or acquisitions involving the company, by way of cancellation of the shares in part or full, to raise funds for specific investments, for the purpose of paying down loans (including convertible loans), or in order to strengthen the company’s capital base. The program will be valid from the date of registration in the Norwegian Register of Business Enterprises and will expire on June 30, 2023.
お知らせ • Jun 01PGS ASA to Report Q2, 2022 Results on Jul 21, 2022PGS ASA announced that they will report Q2, 2022 results at 8:00 AM, Central European Standard Time on Jul 21, 2022
Board Change • May 31High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.
お知らせ • May 04PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million.PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 74,200,000 Price\Range: NOK 3.7 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,016,216 Price\Range: NOK 3.7 Transaction Features: Regulation S; Subsequent Direct Listing
Reported Earnings • May 01First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.10 loss in 1Q 2021)First quarter 2022 results: US$0.12 loss per share (down from US$0.10 loss in 1Q 2021). Revenue: US$136.2m (down 18% from 1Q 2021). Net loss: US$49.2m (loss widened 26% from 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings.
Breakeven Date Change • Apr 30Forecast to breakeven in 2024The 5 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 74% per year to 2023. The company is expected to make a profit of US$4.65m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.
Board Change • Apr 27High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.
お知らせ • Apr 21PGS ASA Announces Southern North Sea Reprocessing ProjectPGS ASA announced that the SNS Vision data rejuvenation project from PGS will target a mature gas province in the central SNS area, with a parallel focus on post-salt carbon storage potential in the Bunter formation. Data will be ready in spring 2023. The 10 000 sq. km PSDM reprocessing will deliver a single data volume and will bring new insights into the prospectivity in this prolific gas production area. It will also provide a valuable base for energy-transition-related subsurface assessments for CCS, subsurface energy storage, and regional shallow subsurface understanding. Several vintage datasets in the area will benefit from merging and reprocessing. The data rejuvenation workflows are built on the knowledge acquired by PGS during two ongoing Vision projects, in other areas. Processing will include 2 ms high-resolution broadband processing and depth conversion based on full waveform inversion (FWI).
お知らせ • Apr 11PGS ASA Provides Revenue Guidance for the First Quarter of 2022PGS ASA provided revenue guidance for the first quarter of 2022. Based on a preliminary review, the company expected to report revenues and other income according to IFRS for first quarter of 2022 of approximately $136 million, compared to $165.7 million in first quarter of 2021.
Board Change • Apr 02High number of new directorsDirector Ebrahim Attarzadeh was the last director to join the board, commencing their role in 2022.
お知らせ • Mar 31PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022PGS ASA announced that they will report fiscal year 2021 results on Mar 30, 2022
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.45 loss per share (up from US$0.84 loss in FY 2020). Revenue: US$697.8m (up 48% from FY 2020). Net loss: US$179.4m (loss narrowed 44% from FY 2020). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 5.2% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.
Breakeven Date Change • Feb 10Forecast to breakeven in 2023The 6 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 72% to 2022. The company is expected to make a profit of US$2.30m in 2023. Average annual earnings growth of 107% is required to achieve expected profit on schedule.
Breakeven Date Change • Jan 29Forecast to breakeven in 2024The 4 analysts covering PGS expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 48% per year to 2023. The company is expected to make a profit of US$26.0m in 2024. Average annual earnings growth of 78% is required to achieve expected profit on schedule.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.45 loss per share (up from US$0.84 loss in FY 2020). Revenue: US$703.8m (up 49% from FY 2020). Net loss: US$179.4m (loss narrowed 44% from FY 2020). Revenue missed analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 2.8% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 22Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.084 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$141.7m (up 67% from 3Q 2020). Net loss: US$60.7m (loss widened 86% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jul 23Second quarter 2021 earnings released: US$0.07 loss per share (vs US$0.29 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$185.9m (up 106% from 2Q 2020). Net loss: US$26.0m (loss narrowed 77% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.
お知らせ • May 19Petroleum Geo-Services Announces PGS Flex Vision Reveals Significant Nearfield PotentialPetroleum Geo-Services announced PGS Flex Vision Reveals Significant Nearfield Potential. Additional full integrity products have been released from e PGS Flex Vision data rejuvenation program in the Gulf of Mexico. The application of new imaging technology to the prolific Flex Trend has revealed nearfield opportunities that boost potential far beyond original estimates. New data unlocks opportunities adjacent to existing discoveries, to enable infrastructure-led exploration in an area of the Gulf of Mexico that has been producing oil and gas for over two decades. Salt, the biggest challenge for exploration on the Flex Trend, is resolved with high-quality depth imaging and improved velocity control. Flex Vision Program: The final data from the Flex Vision program demonstrates striking improvements in image quality, resolution, bandwidth, and geologic accuracy. The data rejuvenation process started from field tapes and applied the latest broadband imaging techniques and workflows, from data conditioning, noise and multiple suppression, to new model building and imaging algorithms. This has provided the most comprehensive and geologically sound dataset to date. Available Products: The seamless Flex Vision rejuvenated dataset covers 727 blocks (approximately 17 000 sq. km) over the mature Shelf and Shelf Break areas of the US Gulf of Mexico, from Vermilion in the west to Grand Isle in the east, along with northern portions of Garden Banks and Green Canyon. High-resolution Kirchhoff and least-squares RTM products are now available.
Reported Earnings • Apr 24First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.32 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$165.7m (up 29% from 1Q 2020). Net loss: US$39.1m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
お知らせ • Apr 14PGS ASA Provides Earnings Guidance for the First Quarter of 2021PGS ASA provided earnings guidance for the first quarter of 2021. Based on the preliminary review, the company expects to report revenues and other income as reported according to IFRS for the first quarter of 2021 of approximately $166 million, compared to $128.8 million in the first quarter of 2020.
Reported Earnings • Mar 26Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$473.2m (down 49% from FY 2019). Net loss: US$321.5m (loss widened 348% from FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
お知らせ • Mar 10Equinor Awards Multiyear 4D Framework Agreements to PGSPGS is awarded two framework agreements by Equinor. One two-year framework agreement for 4D monitoring surveys on the Norwegian continental shelf. Equinor can extend this framework agreement by exercising additional two two-year options. The agreements can also be applied for the UK continental shelf. One specific framework agreement for 4D monitoring surveys at the Gullfaks field. The agreement comprises an exclusive right to acquire up to three surveys prior to 2031.
Is New 90 Day High Low • Feb 17New 90-day high: €0.58The company is up 102% from its price of €0.29 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.77 per share.
Reported Earnings • Feb 07Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$512.0m (down 45% from FY 2019). Net loss: US$321.5m (loss widened 348% from FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Dec 29New 90-day high: €0.50The company is up 134% from its price of €0.21 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.88 per share.
お知らせ • Dec 16CGG, PGS and TGS Announce Strategic Partnership for Shared Multi-Client Data OfferingsCGG, PGS and TGS announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries. The independent, cloud-based ecosystem will offer a single search point to access all three companies’ multi-client data and allow customers to interactively find, visualize and download their subsurface assets and entitlements all in one place. A beta version is targeted for release in the first quarter of 2021, enabling clients who own data to review the technology and provide feedback, as well as giving other commercial data suppliers the opportunity to evaluate the potential of joining the collaborative approach. A full launch of the ecosystem is expected in the second half of 2021. CGG, PGS, and TGS intend to expand the scope of the project in the future to include additional features, vendors and data types.
Is New 90 Day High Low • Dec 07New 90-day high: €0.43The company is up 64% from its price of €0.26 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.24 per share.
Is New 90 Day High Low • Nov 20New 90-day high: €0.33The company is up 10.0% from its price of €0.30 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.92 per share.
Analyst Estimate Surprise Post Earnings • Oct 22Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 5.5% at US$116.1m. Revenue is expected to shrink by 8.0% over the next year, compared to a 14% decline forecast for the Energy Services industry in Germany.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$250.4m, with losses widening by 137% from the prior year. Total revenue was US$636.9m over the last 12 months, down 27% from the prior year.
Is New 90 Day High Low • Oct 21New 90-day low: €0.20The company is down 40% from its price of €0.34 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.58 per share.
お知らせ • Oct 16+ 3 more updatesPGS ASA to Report Q1, 2021 Results on Apr 22, 2021PGS ASA announced that they will report Q1, 2021 results at 6:04 AM, GMT Standard Time on Apr 22, 2021
お知らせ • Oct 02PGS ASA to Report Q3, 2020 Results on Oct 22, 2020PGS ASA announced that they will report Q3, 2020 results at 8:00 AM, Central European Standard Time on Oct 22, 2020
Is New 90 Day High Low • Sep 29New 90-day low: €0.26The company is down 21% from its price of €0.33 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.52 per share.