This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Magseis Fairfield Future Growth

Future criteria checks 3/6

Key information

150.9%

Earnings growth rate

154.4%

EPS growth rate

Energy Services earnings growth	30.4%
Revenue growth rate	-4.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	n/a

Recent future growth updates

Recent updates

Magseis Fairfield (OB:MSEIS) Is Making Moderate Use Of Debt

Mar 07

Earnings and Revenue Growth Forecasts

OB:MSEIS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2023	339	1	N/A	N/A	1
12/31/2022	373	4	N/A	N/A	1
9/30/2022	350	-40	20	36	N/A
6/30/2022	335	-31	-7	5	N/A
3/31/2022	291	-29	-5	8	N/A
12/31/2021	258	-32	-6	7	N/A
9/30/2021	234	-25	-19	-11	N/A
6/30/2021	197	-23	0	6	N/A
3/31/2021	183	-24	-7	5	N/A
12/31/2020	193	-20	-5	20	N/A
9/30/2020	219	-58	18	65	N/A
6/30/2020	307	-165	31	105	N/A
3/31/2020	393	-152	55	145	N/A
12/31/2019	460	-152	54	145	N/A
9/30/2019	461	-108	44	115	N/A
6/30/2019	343	-9	20	72	N/A
3/31/2019	231	-20	-6	30	N/A
12/31/2018	136	-3	-20	14	N/A
9/30/2018	65	-11	-46	7	N/A
6/30/2018	78	5	-32	21	N/A
3/31/2018	77	9	-42	8	N/A
12/31/2017	74	7	-20	24	N/A
9/30/2017	89	17	3	30	N/A
6/30/2017	74	-2	-22	2	N/A
3/31/2017	62	-9	-17	6	N/A
12/31/2016	59	-17	-19	-2	N/A
9/30/2016	44	-28	-35	-13	N/A
6/30/2016	44	-19	N/A	2	N/A
3/31/2016	53	-14	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSEIS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).

Earnings vs Market: MSEIS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MSEIS is expected to become profitable in the next 3 years.

Revenue vs Market: MSEIS's revenue is expected to decline over the next 3 years (-4.4% per year).

High Growth Revenue: MSEIS's revenue is forecast to decline over the next 3 years (-4.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MSEIS's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

This company listing is no longer active

Magseis Fairfield Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Forecast breakeven date moved forward to 2022

Recent updates

Oslo Børs Decides to Delist the Shares in Magseis Fairfield Asa

TGS ASA (OB:TGS) completed the acquisition of 21.97% stake in Magseis Fairfield ASA (OB:MSEIS) for NOK8.08 per share.

Magseis Fairfield ASA to Report Q4, 2022 Results on Feb 09, 2023

Magseis Fairfield ASA to Report First Half, 2023 Results on Jul 20, 2023

No independent directors

Magseis Fairfield ASA Announces Management Changes

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TGS ASA (OB:TGS) completed the acquisition of Magseis Fairfield ASA (OB : MSEIS) from Fairfield Ms LLC, members of the Magseis Board and management and others.

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TGS ASA (OB:TGS) made a voluntary exchange offer to acquire Magseis Fairfield ASA (OB : MSEIS) from Fairfield MS, LLC, members of the Magseis Board and management and others for NOK 2.3 billion.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Forecast breakeven date moved forward to 2022

Less than half of directors are independent

Less than half of directors are independent

Magseis Fairfield (OB:MSEIS) Is Making Moderate Use Of Debt

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Chief Financial Officer recently sold kr76k worth of stock

Third quarter 2021 earnings released: EPS US$0.001 (vs US$0.013 in 3Q 2020)

Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.012 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.06 loss per share (vs US$0.06 loss in 1Q 2020)

Co-Founder & Executive Director Jan Gateman has left the company

Independent Chairman of the Board recently bought kr1.0m worth of stock

Full year 2020 earnings released: US$0.078 loss per share (vs US$0.82 loss in FY 2019)

Full year 2020 earnings released: US$0.08 loss per share (vs US$0.82 loss in FY 2019)

Revenue and earnings miss expectations

Magseis Fairfield ASA Wins Obn Deep-Water Survey in Angola

New 90-day high: kr4.20

New 90-day high: kr3.90

Magseis Fairfield Receives Multiyear Ocean Bottom Nodes Services and Seismic Shooting Services on the Norwegian Continental Shelf

Magseis Fairfield Wins Deepwater OBN Monitor Survey in US Gulf of Mexico from First Quarter of 2021

New 90-day high: kr3.05

New 90-day high: kr2.03

Third quarter 2020 earnings released: EPS US$0.01

Revenue and earnings beat expectations

New 90-day high: kr1.86

Magseis Fairfield Announces Executive Changes

New 90-day low - kr1.42

Earnings released

Magseis Fairfield ASA has completed a Follow-on Equity Offering in the amount of NOK 277.44 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies