PGS1 Stock Overview Operates as a marine geophysical company in Norway and internationally. More details
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Price History & Performance
Summary of share price highs, lows and changes for PGS Historical stock prices Current Share Price NOK 0.78 52 Week High NOK 0.87 52 Week Low NOK 0.48 Beta 1.69 1 Month Change -3.71% 3 Month Change 13.88% 1 Year Change 43.22% 3 Year Change 72.59% 5 Year Change -43.71% Change since IPO -82.15%
Recent News & Updates PGS ASA(OB:PGS) dropped from Oslo OBX Total Return Index
Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS). Jun 14
New major risk - Financial position May 09
Full year 2023 earnings released: US$0.016 loss per share (vs US$0.055 loss in FY 2022) May 02
PGS ASA Provides Earnings Guidance for the First Quarter of 2024 Apr 10
PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular Malaysia Apr 03 See more updates PGS ASA(OB:PGS) dropped from Oslo OBX Total Return Index
Glazer Capital, LLC acquired an additional 5.387693% stake in PGS ASA (OB:PGS). Jun 14
New major risk - Financial position May 09
Full year 2023 earnings released: US$0.016 loss per share (vs US$0.055 loss in FY 2022) May 02
PGS ASA Provides Earnings Guidance for the First Quarter of 2024 Apr 10
PGS Commences MultiClient 3D Survey to Unlock Hydrocarbon and Carbon Storage Potential in Penyu Basin, Offshore Peninsular Malaysia Apr 03
Full year 2023 earnings released: US$0.02 loss per share (vs US$0.055 loss in FY 2022) Feb 16
Now 20% overvalued Feb 08
PGS ASA Provides Financial Guidance for the Fourth Quarter of 2023 Jan 10
Now 20% undervalued after recent price drop Jan 09
Independent Director recently sold €97k worth of stock Dec 12
Third quarter 2023 earnings released: US$0.007 loss per share (vs US$0.004 profit in 3Q 2022) Oct 27
Now 21% undervalued Oct 11
Now 21% undervalued Sep 21 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 Aug 02
Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.039 profit in 2Q 2022) Jul 21
PGS ASA Provides Financial Guidance for the Second Quarter of 2023 Jul 12
PGS ASA Provides Financial Guidance for the Second Quarter of 2023 Jul 11
New major risk - Share price stability Jul 03
PGS ASA to Report Q2, 2023 Results on Jul 20, 2023 Jun 30
High number of new directors May 06
First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.12 loss in 1Q 2022) Apr 28 Apr 27
Full year 2022 earnings released: US$0.06 loss per share (vs US$0.45 loss in FY 2021) Jan 27
Forecast to breakeven in 2023 Jan 18
PGS ASA to Report Fiscal Year 2022 Results on Mar 29, 2023 Nov 12 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. Nov 03
Third quarter 2022 earnings released: EPS: US$0.003 (vs US$0.15 loss in 3Q 2021) Oct 27
Forecast to breakeven in 2023 Aug 01
Second quarter 2022 earnings released: EPS: US$0.04 (vs US$0.066 loss in 2Q 2021) Jul 22 PGS ASA (OB:PGS) commences an Equity Buyback Plan, under the authorization approved on April 27, 2022. Jun 23
PGS ASA to Report Q2, 2022 Results on Jul 21, 2022 Jun 01
High number of new directors May 31 PGS ASA has completed a Follow-on Equity Offering in the amount of NOK 799.999999 million. May 04
First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.10 loss in 1Q 2021) May 01
Forecast to breakeven in 2024 Apr 30
High number of new directors Apr 27
PGS ASA Announces Southern North Sea Reprocessing Project Apr 21
PGS ASA Provides Revenue Guidance for the First Quarter of 2022 Apr 11
High number of new directors Apr 02
PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022 Mar 31
PGS ASA to Report Fiscal Year 2021 Results on Mar 30, 2022 Mar 30
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Mar 18
Forecast to breakeven in 2023 Feb 10
Forecast to breakeven in 2024 Jan 29
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Jan 28
Third quarter 2021 earnings released: US$0.15 loss per share (vs US$0.084 loss in 3Q 2020) Oct 22
Second quarter 2021 earnings released: US$0.07 loss per share (vs US$0.29 loss in 2Q 2020) Jul 23
Petroleum Geo-Services Announces PGS Flex Vision Reveals Significant Nearfield Potential May 19
First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.32 loss in 1Q 2020) Apr 24
PGS ASA Provides Earnings Guidance for the First Quarter of 2021 Apr 14
Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019) Mar 26
Equinor Awards Multiyear 4D Framework Agreements to PGS Mar 10
New 90-day high: €0.58 Feb 17
Full year 2020 earnings released: US$0.84 loss per share (vs US$0.21 loss in FY 2019) Feb 07
New 90-day high: €0.50 Dec 29
CGG, PGS and TGS Announce Strategic Partnership for Shared Multi-Client Data Offerings Dec 16
New 90-day high: €0.43 Dec 07
New 90-day high: €0.33 Nov 20
Third-quarter earnings released: Revenue misses expectations Oct 22
Third quarter earnings released Oct 22
New 90-day low: €0.20 Oct 21 PGS ASA to Report Q1, 2021 Results on Apr 22, 2021
PGS ASA to Report Q3, 2020 Results on Oct 22, 2020 Oct 02
New 90-day low: €0.26 Sep 29
New 90-day low - €0.29 Aug 27 Shareholder Returns PGS1 DE Energy Services DE Market 7D 5.3% 1.0% 0.3% 1Y 43.2% 9.9% 6.9%
See full shareholder returns
Return vs Market: PGS1 exceeded the German Market which returned 2.4% over the past year.
Price Volatility Is PGS1's price volatile compared to industry and market? PGS1 volatility PGS1 Average Weekly Movement 5.9% Energy Services Industry Average Movement 5.1% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.7% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: PGS1 has not had significant price volatility in the past 3 months.
Volatility Over Time: PGS1's weekly volatility (6%) has been stable over the past year.
About the Company Founded Employees CEO Website 1991 1,210 Rune Pedersen www.pgs.com
PGS ASA, together with its subsidiaries, operates as a marine geophysical company in Norway and internationally. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies, as well as carbon storage and offshore wind markets. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019.
Show more PGS ASA Fundamentals Summary How do PGS's earnings and revenue compare to its market cap? PGS1 fundamental statistics Market cap €752.14m Earnings (TTM ) €39.38m Revenue (TTM ) €742.45m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) PGS1 income statement (TTM ) Revenue US$795.60m Cost of Revenue US$297.50m Gross Profit US$498.10m Other Expenses US$455.90m Earnings US$42.20m
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 18, 2024
Earnings per share (EPS) 0.044 Gross Margin 62.61% Net Profit Margin 5.30% Debt/Equity Ratio 130.3%
How did PGS1 perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/07/02 03:31 End of Day Share Price 2024/07/02 00:00 Earnings 2024/03/31 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources PGS ASA is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Iver Baatvik ABN AMRO Bank N.V. Marzio Foa AlphaValue Christian Yggeseth Arctic Securities ASA
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