TGS (OB:TGS) - Stock Price, News & Analysis

TGS Stock Overview

TGS ASA provides geoscience data services to the oil and gas industry worldwide.

TGS fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 18.8% below our estimate of its fair value

Earnings are forecast to grow 39.25% per year

Risk Analysis

Dividend of 4.73% is not well covered by earnings

Large one-off items impacting financial results

Profit margins (2.7%) are lower than last year (12.3%)

Shareholders have been diluted in the past year

TGS ASA Competitors

Aker Solutions

OB:AKSO

kr20.6b

DOF Group

OB:DOFG

kr14.1b

Siem Offshore

OB:SIOFF

kr8.6b

Solstad Offshore

OB:SOFF

kr3.5b

Price History & Performance

Summary of all time highs, changes and price drops for TGS
Historical stock prices
Current Share Price	kr130.40
52 Week High	kr167.40
52 Week Low	kr94.30
Beta	1.04
1 Month Change	10.32%
3 Month Change	23.25%
1 Year Change	-21.82%
3 Year Change	2.88%
5 Year Change	-45.32%
Change since IPO	506.51%

There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

Apr 11

TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Feb 22

Recent updates

TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 12

New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Feb 09

Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

Jan 11

TGS (OB:TGS) Is Increasing Its Dividend To $1.48

Oct 30

Analysts Just Shipped A Substantial Upgrade To Their TGS ASA (OB:TGS) Estimates

Oct 12

Analyst Forecasts For TGS ASA (OB:TGS) Are Surging Higher

Aug 12

Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic

Jul 26

Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic

Jun 17

An Intrinsic Calculation For TGS ASA (OB:TGS) Suggests It's 32% Undervalued

Apr 28

Shareholder Returns

	TGS	NO Energy Services	NO Market
7D	0.9%	-0.6%	0.9%
1Y	-21.8%	15.4%	4.6%

Return vs Industry: TGS underperformed the Norwegian Energy Services industry which returned 15.4% over the past year.

Return vs Market: TGS underperformed the Norwegian Market which returned 4.6% over the past year.

Price Volatility

Is TGS's price volatile compared to industry and market?
TGS volatility
TGS Average Weekly Movement	5.6%
Energy Services Industry Average Movement	5.1%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	10.5%
10% least volatile stocks in NO Market	2.9%

Stable Share Price: TGS's share price has been volatile over the past 3 months.

Volatility Over Time: TGS's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	873	Kristian Johansen	www.tgs.com

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.

TGS ASA Fundamentals Summary

How do TGS's earnings and revenue compare to its market cap?
TGS fundamental statistics
Market cap	kr17.06b
Earnings (TTM)	kr238.64m
Revenue (TTM)	kr8.76b

71.5x

P/E Ratio

1.9x

P/S Ratio

Is TGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGS income statement (TTM)
Revenue	US$794.30m
Cost of Revenue	US$217.42m
Gross Profit	US$576.88m
Other Expenses	US$555.23m
Earnings	US$21.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)	0.17
Gross Margin	72.63%
Net Profit Margin	2.73%
Debt/Equity Ratio	0%

How did TGS perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

327%

Payout Ratio

TGS Stock Overview

Rewards

Risk Analysis

TGS ASA Competitors

OB:AKSO

kr20.6b

OB:DOFG

kr14.1b

OB:SIOFF

kr8.6b

OB:SOFF

kr3.5b

Price History & Performance

Recent News & Updates

Now 20% undervalued

Full year 2023 earnings: EPS and revenues miss analyst expectations

There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

TGS ASA Provides Revenue Guidance for the First Quarter of 2024

TGS Announces Commencement of Penyu Basin Multi-Client 3D Seismic Offshore Peninsular Malaysia

TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Recent updates

Now 20% undervalued

Full year 2023 earnings: EPS and revenues miss analyst expectations

There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

TGS ASA Provides Revenue Guidance for the First Quarter of 2024

TGS Announces Commencement of Penyu Basin Multi-Client 3D Seismic Offshore Peninsular Malaysia

TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Fourth quarter dividend of kr1.47 announced

New minor risk - Earnings quality

Full year 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Approves to Distribute First Quarter Dividend of 2024, Payable on 7 March 2024

Independent Director recently bought kr3.6m worth of stock

Now 21% undervalued after recent price drop

Chief Executive Officer recently bought kr493k worth of stock

Consensus revenue estimates fall by 11%

Now 28% undervalued after recent price drop

TGS ASA Provides Revenue Guidance for Fourth Quarter 2023

TGS ASA to Report First Half, 2024 Results on Jul 18, 2024

Chairman of the Board recently bought kr1.1m worth of stock

Estimating The Fair Value Of TGS ASA (OB:TGS)

Now 23% undervalued after recent price drop

Independent Director recently bought kr2.2m worth of stock

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Resolves to Distribute A Quarterly Dividend, Payable on 16 November 2023

TGS Enterprise Asset Management Software for Utility-Size Solar Now Available in the U.S

TGS ASA Provides Revenue Guidance for the Third Quarter of 2023

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.

Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?

PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data Ecosystem

TGS Asa Resolves to Distribute A Quarterly Dividend, Payable on 10 August 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

TGS (OB:TGS) Seems To Use Debt Quite Sensibly

Consensus EPS estimates fall by 10%

High number of new directors

Is TGS ASA (OB:TGS) Trading At A 35% Discount?

Consensus EPS estimates fall by 14%

Upcoming dividend of kr1.48 per share at 3.6% yield

TGS ASA Announces to Distribute A Quarterly Dividend for Second Quarter of 2023, Payment Date: 5 June 2023

Now 21% undervalued

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 21%, revenue downgraded

Investor sentiment improves as stock rises 15%

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

Consensus EPS estimates increase by 23%

TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

TGS ASA Announces Quarterly Dividend, Payable on 2 March 2023

New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

TGS ASA Provides Revenue Guidance for the Fourth Quarter of 2022

CGG and TGS Announce Foz do Amazonas Phase II 3D Multi-Client Survey Offshore Brazil

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

TGS ASA to Report Q1, 2023 Results on May 11, 2023

TGS ASA Commences 3D Reprocessing Project Offshore Uruguay

Third quarter 2022 earnings: EPS misses analyst expectations

TGS (OB:TGS) Is Increasing Its Dividend To $1.48

TGS ASA to Distribute A Quarterly Dividend, Payment Date: 17 November 2022