Declared Dividend • Jul 26
Second quarter dividend of kr1.49 announced Shareholders will receive a dividend of kr1.49. Ex-date: 30th July 2026 Payment date: 13th August 2026 Dividend yield will be 17%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (124% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 38% to bring the payout ratio under control. EPS is expected to grow by 128% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Jul 24
Second quarter 2026 earnings released: EPS: US$0.20 (vs US$0.31 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.20 (up from US$0.31 loss in 2Q 2025). Revenue: US$373.0m (up 12% from 2Q 2025). Net income: US$39.6m (up US$99.6m from 2Q 2025). Profit margin: 11% (up from net loss in 2Q 2025). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Energy Services industry in Europe. 공고 • Jul 23
TGS ASA Declares Quarterly Dividend for the Third Quarter of 2026, Payable on 13 August, 2026 Following the authorization from the Annual General Meeting on 29 April 2026, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.155 per share (NOK 1.49 per share) in third quarter 2026. The dividend will be paid on 13 August 2026 on the record date of 31 July 2026 with Ex-date of 30 July 2026. 공고 • Jul 10
Enverus, Inc. acquired A2D well log library and associated data products from TGS ASA (OB:TGS) for approximately $120 million. Enverus, Inc. acquired A2D well log library and associated data products from TGS ASA (OB:TGS) for approximately $120 million on July 8, 2026. The transaction consists of USD 100 million payable at closing, with an additional USD 15 million earn-out conditioned on milestones agreed between the parties.
Gregory Nelson, Krista Hanvey, Daniel Angel, Tull Florey and Cynthia Mabry of Gibson, Dunn & Crutcher LLP acted as legal advisor and Perella Weinberg Partners LP acted as financial advisor for TGS ASA.
Enverus, Inc. completed the acquisition of A2D well log library and associated data products from TGS ASA (OB:TGS) on July 8, 2026. 공고 • Jul 09
TGS ASA Provides Revenue Guidance for the Second Quarter of 2026 TGS ASA provided revenue guidance for the second quarter of 2026. For the quarter, the Management of the company expects IFRS revenues to be approximately USD 373 million, compared to USD 334.2 million in Second quarter 2025. Board Change • Jun 25
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Employee-Elected Board Member Christine Roche was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공고 • Jun 18
TGS and SLB Announce Pelotas Sul Phase 1 Multi-Client 3D Seismic Survey in Pelotas Basin Offshore Brazil TGS, in joint venture with SLB, announced the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. The survey covers approximately 13,500 square kilometers. The Ramform Tethys mobilized for the survey in December 2025, with data acquisition expected to be completed in early Third Quarter 2026. The project marks a significant step in expanding TGS’ high-quality seismic coverage across one of Brazil’s most promising frontier regions. The Pelotas Basin has seen growing interest in recent years, supported by extensive geologic analogs, including successful exploration results along the conjugate margin. The area features a diverse range of play concepts, including turbidite systems, deep-water channels, and stratigraphic and structural traps that remain underexplored. Pelotas Sul Phase 1 includes a balanced mix of held and open acreage, providing opportunities for both near-term evaluation and additional sales related to future licensing rounds. For certain multi-client library projects, TGS invests in the project with other parties and has cooperation agreements whereby revenues and costs will be shared. TGS recognizes the contribution from the partner as contract revenues in the multi-client segment. For Second Quarter 2026 the contract revenues from joint arrangements are expected to be approximately in line with the First Quarter 2026 level, when USD 32.5 million was recorded as contract revenues in the multi-client segment. Board Change • Jun 08
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Employee-Elected Board Member Christine Roche was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Employee-Elected Board Member Christine Roche was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.