OB:TGSEnergy Services
TGS (OB:TGS) Valuation Check As APEX 1 OBN Seismic Project Targets New Industry Benchmark
TGS (OB:TGS) has drawn investor attention after announcing APEX 1, a next generation multi client Ocean Bottom Node seismic survey in the Gulf of America. The project is supported by industry funding and is aimed at detailed subsurface imaging.
See our latest analysis for TGS.
The APEX 1 announcement lands after a mixed run for investors, with a 30 day share price return of 11.36% and a 1 year total shareholder return of 13.54% decline. This suggests that recent momentum is improving while...