PGS ASA

OB:PGS Stock Report

Market Cap: NOK 8.6b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

PGS Past Earnings Performance

Past criteria checks 2/6

PGS has been growing earnings at an average annual rate of 22.3%, while the Energy Services industry saw earnings growing at 28.8% annually. Revenues have been declining at an average rate of 1.5% per year. PGS's return on equity is 8%, and it has net margins of 5.3%.

Key information

22.3%

Earnings growth rate

29.0%

EPS growth rate

Energy Services Industry Growth25.6%
Revenue growth rate-1.5%
Return on equity8.0%
Net Margin5.3%
Next Earnings Update18 Jul 2024

Recent past performance updates

We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

May 21
We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

Recent updates

We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

May 21
We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

Is PGS (OB:PGS) Using Too Much Debt?

Nov 02
Is PGS (OB:PGS) Using Too Much Debt?

An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued

Aug 07
An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued

Does PGS (OB:PGS) Have A Healthy Balance Sheet?

Jul 11
Does PGS (OB:PGS) Have A Healthy Balance Sheet?

Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive

Jun 20
Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive

Here's Why PGS (OB:PGS) Can Manage Its Debt Responsibly

Mar 10
Here's Why PGS (OB:PGS) Can Manage Its Debt Responsibly

Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load

Oct 17
Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load

These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively

Oct 22
These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively

Is PGS (OB:PGS) A Risky Investment?

Jun 30
Is PGS (OB:PGS) A Risky Investment?

Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now

Apr 14
Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now

Revenue & Expenses Breakdown

How PGS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:PGS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2479642406
31 Dec 23722-14426
30 Sep 23673-80406
30 Jun 23714-70407
31 Mar 23832-42407
31 Dec 22825-33397
30 Sep 22813-81377
30 Jun 22756-145377
31 Mar 22668-189367
31 Dec 21698-179367
30 Sep 21662-186386
30 Jun 21606-158376
31 Mar 21510-243377
31 Dec 20473-321399
30 Sep 20637-2504210
30 Jun 20828-1864711
31 Mar 20930-1245011
31 Dec 19931-725210
30 Sep 19868-1065210
30 Jun 19755-173529
31 Mar 19802-1134810
31 Dec 18874-885211
30 Sep 18840-2594713
30 Jun 18885-4144416
31 Mar 18885-4574417
31 Dec 17839-5233618
30 Sep 17757-4853718
30 Jun 17774-3243517
31 Mar 17716-3433517
31 Dec 16764-2943820
30 Sep 16840-4724219
30 Jun 16841-5534420
31 Mar 16914-5654620
31 Dec 15962-5284420
30 Sep 151,163-2874722
30 Jun 151,331-1685130
31 Mar 151,412-755435
31 Dec 141,454-516038
30 Sep 141,383736141
30 Jun 141,3551396340
31 Mar 141,3991806439
31 Dec 131,5022386339
30 Sep 131,5022486240

Quality Earnings: PGS has a large one-off loss of $78.4M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: PGS became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PGS has become profitable over the past 5 years, growing earnings by 22.3% per year.

Accelerating Growth: PGS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PGS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (68.2%).

Return on Equity

High ROE: PGS's Return on Equity (8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/01 14:05
End of Day Share Price 2024/07/01 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PGS ASA is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Iver BaatvikABN AMRO Bank N.V.
Marzio FoaAlphaValue
Christian YggesethArctic Securities ASA